If the best NBA players are very rich thanks to their talent, it is nothing compared to the multi-billionaire owners. Speaking of which, a former All-Star was totally shocked by his employer’s wife’s spending habits.
This is excellent news for them, NBA players seem to be more and more comfortable with financial management. Because at the end of the 90s and in the 2000s, many stars ended up broke because of their exorbitant and uncontrolled spending. This is also why the wife of a former number 1 in Draft had to open an OnlyFans account in recent months…
Thanks to examples like LeBron James, who quickly understood the importance of investing and entrepreneurship, few people allow themselves to be trapped by their wealth. Bilal Coulibaly, who has only just started his career, recently explained what he did with his first millions with impressive maturity.
NBA owners more stingy than others?
In fact, the best way to ensure its future is still to take an example from the richest people in the NBA microcosm, namely the franchise owners. In one of his podcasts, former Hawks point guard Jeff Teague explained how billionaires behave on the road. Obviously they are not too rich for counterfeiting.
Rich people are crazy. Who is the richest person in a franchise? The owner. We were traveling in China, and his wife went and bought a whole set of Louis Vuitton bags and suitcases, everything was fake. They bought so much fake stuff on this trip. She’s a billionaire… In the team they wanted us to buy fake Rolexes.
How to keep your money safe? By not hesitating to buy fake products. In any case, it was the technique of the wife of the owner of the Hawks, who returned from a trip to China with bags and suitcases and no longer knew what to do with them. Even the players on the squad almost let themselves be tempted by a few Rolexes not necessarily designed in Switzerland.
If the image is more important than anything in the NBA and the stars of the league will never appear with fakes, a matter of honor, this anecdote shows on the other hand that the richest do not necessarily care about all that. Why spend thousands when you can have a perfect copy for dozens? This is also financial intelligence.
The richest are not necessarily those who spend the most, proof with this funny anecdote about an owner’s wife. We understand better why some players spend the summer in China.
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