Comments on: NBA, Black Men, How Much Money Is Enough Money?

By: Sherley Jean-Pierre

Sherley Jean-Pierre — Fri, 21 Oct 2011 14:08:13 +0000

There is a reason that Warren Buffett pays more in taxes than his secretary, Buffett’s secretary’s money comes from salary alone, while Buffett’s money comes from investments and assets. NBA players income (salary, endorsements) are taxed at the 50% rate. In addition, they have to give a percentage to agents, managers and lawyers. Many NBA players live paycheck to paycheck, just like regular folks. There is a saying that to whom much is given, much is expected. However, what has the black community given these young men, to ask so much of them. Many of these young men are the products of homes with abseentee fathers, teenage mothers, and dysfunctional schools. Before they were famous how many black people were out there trying to assist them?

By: Mini Blog: Weekly Blog Love

Mini Blog: Weekly Blog Love — Thu, 20 Oct 2011 19:15:37 +0000

[…] NBA, Black Men, How Much Money Is Enough Money? By Steffanie Rivers for Thy Black Man […]

By: ELove

ELove — Thu, 20 Oct 2011 02:52:12 +0000

Misplaced HATE is such a PATHETIC and USELESS Emotional…

IF the NBA Owners promised in Writing to Cut Ticket Prices drastically Along With the concession costs & NBA Properties apparel/accessories for the betterment of THE FANS then the NBA Players would gladly take a significant reduction in the BRI… But the NBA Players already KNOW that the owners will ONLY Pocket that money and Go Up on everything Cost-Wise regarding the NBA FANS (Real)

And those NBA Players that know nothing about managing THEIR MONEY (Key Word Here… THEIR MONEY !!!) are INDIVIDUALS and they don’t represent EVERY NBA Player that ever played the game.

The NBA Players are an organized UNION and representing their interests is of the UTMOST Importance when YOU (The NBA Player) is the DIRECT RESULT of any revenues that are generated for the NBA which is a Multi-BILLION dollar enterprise and a Worldwide Commodity (Word)