- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Klay Thompson's dad takes away his allowance for role in fight
Posted on 2/28/13 at 3:06 pm
Posted on 2/28/13 at 3:06 pm
LINK
quote:
This was the first time that Klay has ever been fined for an on court indiscretion in his NBA career and the consequences will be more noticeable to him than just the $35K fine. The 23-year-old doesn’t have access to his money, all cheques are paid to Mychal and Julie who take care of his accounts for him to make sure Klay’s financial situation is set up for his post NBA career. So, naturally, Papa Thompson’s going to teach Klay a lesson of his own by fining him personally also, however, Klay will find out the old fashioned way.
“He will [find out he's been fined by us] when he sees that cash envelope show up a little short this week,” he said.
5
Posted on 2/28/13 at 3:08 pm to quail man
That's good Klay has agreed to this arrangement. I would not be so willing if I were him.
Posted on 2/28/13 at 3:08 pm to quail man
That's pretty awesome, assuming they aren't robbing him blind. I can see where it's easy to question their judgement though, afterall, they thought spelling his name with a K was a good idea.
This post was edited on 2/28/13 at 3:09 pm
Posted on 2/28/13 at 3:08 pm to quail man
quote:
23-year-old
Posted on 2/28/13 at 3:09 pm to ProjectP2294
quote:
assuming they aren't robbing him blind
papa Thompson played in the league. so he knows well what happens when players start making all that money. they aren't robbing him. they're helping.
Posted on 2/28/13 at 3:10 pm to ProjectP2294
quote:
That's pretty awesome, assuming they aren't robbing him blind.
Key part there.
But at what age should you be able to handle your money.
Posted on 2/28/13 at 3:10 pm to ProjectP2294
His dad was a former #1 pick. Mychal Thompson
Posted on 2/28/13 at 3:11 pm to mattz1122
Parents are probably taking 20%
Posted on 2/28/13 at 3:12 pm to barry
All they are doing is working as a financial advisor....
Same thing as many others, just they are his parents as well.... So they probably have more influence
Same thing as many others, just they are his parents as well.... So they probably have more influence
Posted on 2/28/13 at 3:12 pm to saderade
quote:
Parents are probably taking 20%
why do all of you assholes assume his parents are fricking him over? maybe they are just helping out their kid.
Posted on 2/28/13 at 3:15 pm to Waffle House
quote:
His dad was a former #1 pick
I didn't realize his dad is one of guys that gets made fun of on Petros & Money a lot during free form friday.
Posted on 2/28/13 at 3:16 pm to barry
quote:
But at what age should you be able to handle your money.
Have you seen the list of ex-NBA players that are broke? The list is long.
This is a very smart thing on his part.
Posted on 2/28/13 at 3:17 pm to Fun Bunch
quote:
Have you seen the list of ex-NBA players that are broke? The list is long.
something in the range of 70% of professional athletes are broke within 5 years of retirement.
Posted on 2/28/13 at 3:20 pm to Fun Bunch
quote:
Getting docked allowance probably won’t help Klay’s reputation as a guy who looks like Cory Matthews on “Boy Meets World.”
Kind of weird but whatever works. Seems like if you raise your kid right, they won't need you to give them an allowance of their own money.
Posted on 2/28/13 at 3:20 pm to quail man
I remember something about his dad wanting to be governor or elected official of the bahamas (home country) after his playing career.
Posted on 2/28/13 at 3:23 pm to Honcho C McGregor
It's supposedly 60% but I still find that hard to believe. Although, I guess if you were in the league for 2 years making $400,000 then $600,000 and you were done, it's possible. I think it's a pretty skewed statistic.
This post was edited on 2/28/13 at 3:24 pm
Posted on 2/28/13 at 3:23 pm to Honcho C McGregor
his dad's doing Laker broadcasts. dude's got an annoying voice.
Posted on 2/28/13 at 3:25 pm to CQQ
quote:
I think it's a pretty skewed statistic.
it isn't really. when you think about how much your average player makes in a career. they spend it like they are making 10X as much as they are actually pulling in. it's the mentality that they will be iin the league forever, when most of them can't stay on a roster for longer than 4 years, especially in football.
Posted on 2/28/13 at 3:26 pm to quail man
quote:
it's the mentality that they will be iin the league forever
Yeah, this and most of them coming from nothing. This is part of the reason I think that all high schools and colleges should require mandatory financial classes. You make me take art appreciation but don't teach me how to balance a checkbook or what an IRA is?
Posted on 2/28/13 at 3:27 pm to ProjectP2294
quote:this
That's good Klay has agreed to this arrangement. I would not be so willing if I were him.
quote:and this
That's pretty awesome, assuming they aren't robbing him blind. I can see where it's easy to question their judgement though, afterall, they thought spelling his name with a K was a good idea.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News