J.R. Smith is “broke,” so father pushing him to stay in New York

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 6 years ago '08        #1
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T2THEONE 859 heat pts859
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J.R. Smith is “broke,” so father pushing him to stay in New York
 

 

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 J.R. Smith is “broke,” so father pushing him to stay in New York

J.R. Smith has choices to make, and like all NBA player the decision will really be about the money. He just may be more nekkid about it.

Smith has a one-year option with the Knicks for next year at just a shade under $2.5 million. Conventional wisdom is that Smith would opt out of that deal because he could make more and get a longer-term deal, either with the Knicks (who can give him a 20 percent raise off that deal) or elsewhere.

But ESPN is reporting Smith’s father is pushing him to stay in New York because Smith has some serious financial issues, reports ESPNNewYork.com (via IamaGM).


A source told ESPN New York that Smith’s father, Earl, is going to make a strong case for his son to stay in New York, but “it’s very clear that the money is the biggest factor with him.”

In fact, when Smith chose the Knicks over the Clippers in mid-February after coming back from China, a source said the Knicks’ higher offer ($2.443 million to the Clippers’ $1.4 million veteran’s minimum) was the deciding factor because he was financially broke. Therefore, Smith will likely opt out and ask for the 20 percent raise. At that point, the ball will be in the Knicks’ court to re-sign Smith, who’s already said publicly that he wants to return next season.

Smith has earned $25.7 million in salary over his eight year NBA career, plus picked up a reported $3 million playing in China during the lockout.

I imagine we will hear a denial to the report soon, but it would explain the decision to play for guaranteed money during the lockout when the NBA was no sure thing.

This also means you can bet Smith opts out and if another team steps forward with $3 million a year or more they can get him. Smith runs a bit hot and cold on the court, but at that price is still a bargain. Either way, expect him to opt out.

94 comments for "J.R. Smith is “broke,” so father pushing him to stay in New York"

 6 years ago '10        #2
quan3106 93 heat pts93
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If he broke its prolly his father fault....when a young black dude makes the NBA off hard work they whole damn family think they made the NBA and become entitled...
 6 years ago '11        #3
X_WunderKind_X 909 heat pts909
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Damn pops, outed ya son like that???
 6 years ago '07        #4
joshdogg26 194 heat pts194
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i am so very surprised by this news.
 6 years ago '08        #5
T2THEONE 859 heat pts859 OP
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 quan3106 said:
If he broke its prolly his father fault....when a young black dude makes the NBA off hard work they whole damn family think they made the NBA and become entitled...
sometimes this is so true
 6 years ago '05        #6
ogballer32 432 heat pts432
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 quan3106 said:
If he broke its prolly his father fault....when a young black dude makes the NBA off hard work they whole damn family think they made the NBA and become entitled...
really? cmon son gtfoh with that
 6 years ago '11        #7
X_WunderKind_X 909 heat pts909
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 ogballer32 said:
really? cmon son gtfoh with that
i wouldnt go as far to say his pop is the main problem, but you know its possible tho.
 05-15-2012, 08:28 AM         #8
k3llz 
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i don't believe he is broke, if he is smh...what n*ggaz do with they paper man?
 6 years ago '06        #9
illstate11 
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He gonna get kicked outta young money

Na na ymcmb need dat cash flo, broke n*ggas ain't woadie belee dat, aks da hot boyz


Last edited by illstate11; 05-15-2012 at 08:35 AM..
 6 years ago '04        #10
GodsFavorite 104 heat pts104
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 DEDOS said:
remember that story when he was getting fined 6 figures for missing practice or some sh*t like that and he was quoated that he didnt get a fu*k
"if you gonn take it then take it!"
 6 years ago '08        #11
T2THEONE 859 heat pts859 OP
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Didn't he get fined 25k for some twitter pics awhile ago, and 1 million over in China for missing pratices.
 6 years ago '11        #12
X_WunderKind_X 909 heat pts909
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 DEDOS said:
why did his pops make this sh*t public tho. you have to question that sh*t
thats what I'm saying yo, foul stuff
 6 years ago '09        #13
TriniSoldier 69 heat pts69
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i don't believe it. he might be rich people broke, but idk about normal citizen broke. his father sounds like he don't even know what he's talking about in general, because Jr Swish can definitely make more than 2 and a half million next season if he opts out, n*gga made more of that in total from his endeavors in china
 6 years ago '09        #14
Axl Rose 21 heat pts21
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he can make more if he leaves

i see him gettin MLE easily
 6 years ago '10        #15
kawgre12 22 heat pts22
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I'll never trust a dude who put his son blast like that pubilcly...dude must have a hidden agenda
 05-15-2012, 09:03 AM         #16
Minister 
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n*gga made 27 million

still making millions each year...

and is broke


thats a godamn lie
 6 years ago '08        #17
topshotta22 
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jr prolly cut this n*gga off and now he spreadin bullsh*t, who gon put their son on blast like that?

 6 years ago '06        #18
Qbert 23 heat pts23
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I remember when he was a rookie and they had that show on him, I always liked him - thought they gave athletes some courses on how to deal with their finances as well as how to deal with the spotlight. Hope he gets a nice long term deal. The Bobcats could use a scorer. Unless they are committing to Gerald Henderson.
 6 years ago '09        #19
TriniSoldier 69 heat pts69
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[video - click to view]

 6 years ago '09        #20
TraV 77 heat pts77
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 TriniSoldier said:
i don't believe it. he might be rich people broke, but idk about normal citizen broke.
...........................


n*gga made 28 million. I ain't tryna hear that sh*t.
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