How long till Dre Kirkpatrick loses all of his money? | TigerDroppings.com
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UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4849 posts

How long till Dre Kirkpatrick loses all of his money?

Image: http://arrestnation.files.wordpress.com/2012/01/dre-kirkpatrick-january172012.jpg


Born: October 26, 1989 (age 22), Gadsden
40 yard dash time: 4.51 seconds
Height: 6' 2" (1.88 m)
Salary: $390,000 USD (2012)
Team: Cincinnati Bengals (#27 / Cornerback)
Education: University of Alabama, Gadsden City High School


He aint afraid of Julio but how about the IRS?



LaBornNRaised
LSU Fan
The Datty's are Fixed!
Member since Feb 2011
10290 posts

re: How long till Dre Kirkpatrick loses all of his money?
Quick fact: Do you know he never started smoking weed until he left Alabama?


UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4849 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

Quick fact: Do you know that no one really believes that


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hg
LSU Fan
Member since Jun 2009
77224 posts

re: How long till Dre Kirkpatrick loses all of his money?
Heard he invested nearly all of it on tomatoes and floating furniture.
This post was edited on 10/4 at 12:13 am


UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4849 posts

re: How long till Dre Kirkpatrick loses all of his money?
I herd he's building a house with 2 bowling allies.


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sbr2
Member since Apr 2011
13346 posts

re: How long till Dre Kirkpatrick loses all of his money?
His networth is directly tied to Whataburger franchise ownership.


TigersSEC2010
Toronto, Ontario, Canada
Member since Jan 2010
19339 posts

re: How long till Dre Kirkpatrick loses all of his money?
That dumbass probably blew every cent in his contract at some bar with his hoodrat friends.


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zacharytiger08
LSU Fan
zachary
Member since May 2009
348 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

$390,000
No one mentioned that he took a paycut leaving bama. That Charger he had explains all you need to know about his financial planning.


TT9
Texas Tech Fan
Vegan Restaurant
Member since Sep 2008
53732 posts
Online

re: How long till Dre Kirkpatrick loses all of his money?
Asshurt


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MagicCityBlazer
Member since Nov 2010
3686 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

zacharytiger08



Those in glass houses shouldn't throw stones.


ReauxlTide222
Alabama Fan
St. Petersburg
Member since Nov 2010
12782 posts

re: How long till Dre Kirkpatrick loses all of his money?
He's a financial planner on the side guys. He has a great portfolio and will be set for years to come.


UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4849 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

No one mentioned that he took a paycut leaving bama. That Charger he had explains all you need to know about his financial planning.


Do you ever give serious thought to your post?


MagicCityBlazer
Member since Nov 2010
3686 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

No one mentioned that he took a paycut leaving bama. That Charger he had explains all you need to know about his financial planning.


Is this Peej with less capitals or exclamations?


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zacharytiger08
LSU Fan
zachary
Member since May 2009
348 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

Those in glass houses shouldn't throw stones.

I know this it was a simple joke. To be serious Let's hope dre is not mislead like so many of these other athletes. Honestly there are sharks everywhere looking to take advantage of athletes. I hated him when he played at bama and his attitude but I hate to see people taken advantage of.He is the type that will attract those people. The 30 for 30 really shows how easily it can all go


UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4849 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

To be serious Let's hope dre is not mislead like so many of these other athletes. Honestly there are sharks everywhere looking to take advantage of athletes.


Yeah like strip joints, realtors, car dealers, or any other service providers that have a legit business. Those people shouldn't sell their services to those poor players. Whats wrong with making it rain?

Image: http://www.goodbooksandgoodwine.com/wp-content/uploads/2011/11/make-it-rain-guys.gif


LaBornNRaised
LSU Fan
The Datty's are Fixed!
Member since Feb 2011
10290 posts

re: How long till Dre Kirkpatrick loses all of his money?
If you want serious answers, then I would say he is one of the types looking from the outside in that seems like he would have money troubles one day. CLM talk.


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jacks40
LSU Fan
Member since Oct 2007
11592 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

Yeah like strip joints, realtors, car dealers, or any other service providers that have a legit business. Those people shouldn't sell their services to those poor players. Whats wrong with making it rain?


Also financial planners and accountants, people with a fiduciary duty to their clients.

I think it was in the ESPN 30 for 30 Broke but over a three year period recently a study showed that NFL players had been swindled for over $42 million by their certified financial planners.

These guys make horrible decisions but don't act like there arent people out there trying to steal from them either.


arwicklu
Alabama Fan
Houston, TX
Member since Jan 2008
6395 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

Also financial planners and accountants, people with a fiduciary duty to their clients. I think it was in the ESPN 30 for 30 Broke but over a three year period recently a study showed that NFL players had been swindled for over $42 million by their certified financial planners. These guys make horrible decisions but don't act like there arent people out there trying to steal from them either.


There are people out there trying to swindle them. Beyond the financial planners, many of them get swindled into fathering loads of children with women that are too happy to get a free paycheck. Many of them are trying to compete with other people on their team with millions of dollars worth of jewelry and cars. There are tons of reasons things go wrong.

At the root of the problem is that you're giving way too much money to someone at an age that they're usually not responsible enough to know how to handle it. If you've worked for 10 years, then you understand the value of money a lot more. When you're in your low twenties and think that you'll be making millions for the next twenty years, then you don't have to worry about much because there is a never-ending supply.

Dre's contract is 8.6 million over 4 years. If you're making 7 figures for multiple years, then you shouldn't really need a financial planner. If I made say 4 million after taxes during that period, then I promise you that I would never have to work again unless the entire economy collapsed and the new currency was Xanax and Rhubarb Pie.

If you live like a normal person, then you'll be fine. Some of the bad decisions are made based out of greed. Once you start living like a king, you don't want to stop. Many of these guys are so worried about getting richer that they can't sniff out the concept of a deal that is too good to be true. When you're worried about showing off, it isn't shocking when your vanity gets you in trouble.


brgfather129
Texas Tech Fan
Austin, TX
Member since Jul 2009
10222 posts
Online

re: How long till Dre Kirkpatrick loses all of his money?
quote:

His networth is directly tied to Whataburger franchise ownership.


Solid investment, he is all set.


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lsu480
LSU Fan
Downtown Scottsdale
Member since Oct 2007
80340 posts

re: How long till Dre Kirkpatrick loses all of his money?
quote:

Dre's contract is 8.6 million over 4 years. If you're making 7 figures for multiple years, then you shouldn't really need a financial planner. If I made say 4 million after taxes during that period, then I promise you that I would never have to work again unless the entire economy collapsed and the new currency was Xanax and Rhubarb Pie.


And this is one of the main reasons you aren't a star athlete!


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