Former Blazer Sebastian Telfair Gets Prison Time

What a dipshit.

 

Wow bad draft choice and maybe he should rethink a few things.

 

Wow

 

One of those guys that you could just tell he was going to fail….. came up from nothing man…..blew it all away

 

Can't believe Boston gave us a pick that turned into Roy for him.

Odd that he's labeled as former Blazer, I guess because we drafted him. He played for other teams more recently.

 

I wonder if he paid his dentist?

 

Dude made almost 20 million in his career. With some simple investments of half that, he could easily generate 250,000 to 400,000 annually

 

Why would you want to live off only 250k if you have 10 million your able to spend sitting in the bank?

 

I still remember when I was in middle school or maybe early in high school, someone did a feature on him. He was like 8 or 9 years old and balling out against adults at The Rucker. It's a real shame that's the way his life went.

 

So that you 10 million turns into 20 would be my guess.

 

In spite of growing up in the spotlight and hype around him and his cousin…..he was actually a really cool dude. Wish he had better people surrounding him though. Never forget the whole gun thing on the plane.

 

Why would I want to wait for the rest of my life if I can spend all of that $10 million dollars tomorrow!

 

I hope Telfair gets his act together after prison time.

There’s crap that we build up in our own lives — some of it circumstance, most of it our own making. At some point, we have to shovel as much of that crap out of our own barns as possible. More will take its place, but at least as adults we can choose and have zero excuse — and maybe it’s the finest kind of crap that simply is part of a helluva good life.

I hope he actually picks up the shovel.

 

there are a couple of Oregon Muni Funds, very low risk, paying around 3.5.3.6% annually. One million = $3,000/month. So 10M would generate $30,000/month....tax free. $1,000 into your pocket, every day for all 365 days of the year. Have to really cinch up your belt and budget, but it's manageable.

 

Because you are a responsible adult?

 

And that 250k is a conservative estimate of what solid wealth management firms could get you after taxes off of 10M.

 

I've always wondered if there was a better way to have some of NBA players salaries, as well as other pro athletes, setup the payments better so some of their earnings are deferred or in a savings or such. Maybe 10% go to a pension.

There's really shouldn't be any of these stories of people that earned tens or hundreds of millions and a decade later are completely broke.

But also kind of sucks to be ~19 and have all that money. Most of us kind of scraped by in our 20s and built our earnings/savings then have better habits during the bulk of our careers from 30s-60s.

Most NBA players are unemployed before 30.

 

ZBO’s big contract with us was just that if I’m not mistaken.