(GSW) Klay Thompsonís dad is taking his allowance away for getting in a fight

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 5 years ago '08        #61
AC_89 236 heat pts236
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$300 a week? and how y'all know dude a pothead?
 5 years ago '10        #62
GUNITZCAPO 
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he may have been a problem child growing up...so this works for him...not like he only get 1000 for his checks...he getting prolly 1hunnid thou a month or so so he good.


real sh*t if had that dough rollin in id consult with my pops about my financials and how much i should spend a month or so
 5 years ago '05        #63
J 39 heat pts39
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I'm not surprised that a good amount of you idiots have a problem with this. Miss me with that "grown man" sh*t.

Stop looking in the short term. Yeah, this might not be the best for him now, but in 5-10 years, he'll be thankful as fu*k that his parents did this.
 5 years ago '08        #64
Dee Grande 1269 heat pts1269
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 J said:
I'm not surprised that a good amount of you idiots have a problem with this. Miss me with that "grown man" sh*t.

Stop looking in the short term. Yeah, this might not be the best for him now, but in 5-10 years, he'll be thankful as fu*k that his parents did this.
fu*k outta here. unless they're gonna do this forever, he's eventually gonna have to grow a pair and take responsibility. 5-10 years wont mean sh*t if he still doesn't know what's going on
 5 years ago '10        #65
peeyump 15 heat pts15
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damn collecting NBA checks and pops still putting money in ya pocket
 03-01-2013, 10:08 PM         #66
CIDF 
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 SoulOnIce said:
fu*king pothead

Klay has been pissing me off with his terrible play:nasmad:
shutup you fu*kin f*ggot. u aint from the east bay bi*ch
 5 years ago '08        #67
arthurmack27 8 heat pts
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 Budala said:
So, if Mychal takes care of Klay’s finances, what does his week-by-week financial situation look like?
“Rent is $3K … Walking around money $300 a week…” Mychal explained. “That’s a lot of money to go to the movies and buy pizza…”

But what if Klay wanted to take a girl out on a nice date?
“Go to Langers in Oakland … Go to the grocery store and get a nice [bottle of wine] for $30…”

What about the corkage fee?
“Sit in the car and drink it.”




sh*t, if half these pro n*ggas had parents like his theyd be set for life no matter if their career lasted 3 years or 20. vick would be worth a quarter billion and be able to buy his own island without laws against pitbulls.


Last edited by arthurmack27; 03-01-2013 at 10:26 PM..
 5 years ago '08        #68
arthurmack27 8 heat pts
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 Dee Grande said:
fu*k outta here. unless they're gonna do this forever, he's eventually gonna have to grow a pair and take responsibility. 5-10 years wont mean sh*t if he still doesn't know what's going on
its usually the n*ggas that dont know sh*t that do the most talking. his daddy been around the block and knows wassup. kt could easily take over his own finances but he dont cus he knows hes in good hands. the smartest pro athletes are those who have financial advisers. his just so happened to be his daddy who been around the block a few times.

game yourself up lil n*gga!
 5 years ago '07        #69
pete jr 5 heat pts
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 Dee Grande said:
this is wack. he's a grown man. i could see teaching him about finance and maybe keeping an eye on his accounts. but having his checks signed over to you and giving him an allowance is over the top. eventually he's gonna have to manage his own money (i hope?), and treating him like a little kid isn't teaching him anything
Couldn't of said it better
 5 years ago '05        #70
classicgstyle 4 heat pts
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that white n*gga got waves
 5 years ago '05        #71
ebcrew 2 heat pts
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23 years old, mommy and daddy control ur money.. fu*k that... if he was smart he'd know how to control it himself.
 5 years ago '05        #72
J 39 heat pts39
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 Dee Grande said:
fu*k outta here. unless they're gonna do this forever, he's eventually gonna have to grow a pair and take responsibility. 5-10 years wont mean sh*t if he still doesn't know what's going on
You literally know nothing about the guy, so stop calling it stupid. For all we know, Klay is a fu*king idiot with his money, and his parents are looking out for him long term.
 5 years ago '05        #73
jbooda03 86 heat pts86
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Yeah thats just a little over the top, maybe just some oversight of his accounts would be appropriate but whats stopping him from going out to the clubs 10-15 years from now screaming free bands!!! Just because his father is controlling his money doesn't mean he's learning how to save money and do the things that adults do... That man is doomed if he doesn't learn for himself...
 5 years ago '04        #74
babalou 
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 GucciBoy347 said:
$300 though



thas enough.
 5 years ago '09        #75
Vincent_Chase 27 heat pts27
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Pops is looking out for him I don't see the problem?
 5 years ago '12        #76
Bravo Golf 11 heat pts11
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Having your paychecks signed over to your parents is definitely an unconventional move, but after watching ESPN's 30 for 30 documentary Broke, I don't know why other players don't consider it. Let's break down Klay Thompson's finances:

He signed a 3-year, $6.6 million contract when he came into the league in 2011.

His salary for this season is $2.2 million.

Most professional athletes only receive pay checks during the season. The NBA season is 6 months long, excluding the pre-season and post-season. So Thompson brings home about $366,000 a month during the season. Uncle Sam probably takes 40 percent of that, so that leaves him with a monthly take home pay of $220,000.

So as you can see, dude brings home more money in a month than the average American family brings home in a year. Hell, that's more than they bring home in four years.

If the typical pro athlete was smart, he would put his salary into an annuity and live off of annuity payments for the rest of his life. Using Klay Thompson's contract, that $6.6 million (after taxes) would equal 40 years of an annual pay out of $100,000. Who wouldn't be satisfied bringing home $100,000 a year? We would leave our current line of work immediately if another job came offering that type of money to us. However, that would require us to put in 60+ hours of work each week for 52 weeks a year and having to do it over the course of a 40-year career. The body wears down over time. Now, imagine only have to work for three years and getting that same pay out for the same 40 years?

That's why I'll never feel pity for any athlete who goes broke.
 5 years ago '11        #77
GrindPOWER$ 398 heat pts398
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good money management but dude just make sure your pops ain't taken nothing off the top on them other checks i mean its your pops and you trust him but you might never know..but good money management
 03-02-2013, 10:36 AM         #78
QVD 
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 Bravo Golf said:
Having your paychecks signed over to your parents is definitely an unconventional move, but after watching ESPN's 30 for 30 documentary Broke, I don't know why other players don't consider it. Let's break down Klay Thompson's finances:

He signed a 3-year, $6.6 million contract when he came into the league in 2011.

His salary for this season is $2.2 million.

Most professional athletes only receive pay checks during the season. The NBA season is 6 months long, excluding the pre-season and post-season. So Thompson brings home about $366,000 a month during the season. Uncle Sam probably takes 40 percent of that, so that leaves him with a monthly take home pay of $220,000.

So as you can see, dude brings home more money in a month than the average American family brings home in a year. Hell, that's more than they bring home in four years.

If the typical pro athlete was smart, he would put his salary into an annuity and live off of annuity payments for the rest of his life. Using Klay Thompson's contract, that $6.6 million (after taxes) would equal 40 years of an annual pay out of $100,000. Who wouldn't be satisfied bringing home $100,000 a year? We would leave our current line of work immediately if another job came offering that type of money to us. However, that would require us to put in 60+ hours of work each week for 52 weeks a year and having to do it over the course of a 40-year career. The body wears down over time. Now, imagine only have to work for three years and getting that same pay out for the same 40 years?

That's why I'll never feel pity for any athlete who goes broke.
Good post.
 5 years ago '08        #79
Dee Grande 1269 heat pts1269
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 J said:
You literally know nothing about the guy, so stop calling it stupid. For all we know, Klay is a fu*king idiot with his money, and his parents are looking out for him long term.
this is stupid


i'm pretty sure he's an idiot with his money, or else they wouldn't be doing this. that's not some huge revelation. but again, unless they're going to do this forever, he's gonna stay an idiot until they actually teach him to stay on top of his own stuff




 arthurmack27 said:
its usually the n*ggas that dont know sh*t that do the most talking. his daddy been around the block and knows wassup. kt could easily take over his own finances but he dont cus he knows hes in good hands. the smartest pro athletes are those who have financial advisers. his just so happened to be his daddy who been around the block a few times.

game yourself up lil n*gga!
sit down


this isn't "financial advising". this is a grown man getting an allowance. advisors empower you to make your own decisions. this dude, on the other hand, probably doesn't even know what his take-home pay is


Last edited by Dee Grande; 03-02-2013 at 11:34 AM..
 5 years ago '10        #80
hoopslj 5 heat pts
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Most players have a financial a.ssistant that THEY PAY anyway. His parents are his financial advisors. The end.
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