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UKWildcatsFAN 
Kentucky Fan
Bowling Green
Member since Sep 2011
4728 posts
| How long till Dre Kirkpatrick loses all of his money? (Posted on 10/3/12 at 11:59 pm)
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?
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LaBornNRaised 
New Orleans Saints Fan
The Datty's are Fixed!
Member since Feb 2011
7887 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:01 am to UKWildcatsFAN)
Quick fact: Do you know he never started smoking weed until he left Alabama?
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UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4728 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:04 am to LaBornNRaised)
quote:
Quick fact: Do you know that no one really believes that
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hg
Member since Jun 2009
53771 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:05 am to UKWildcatsFAN)
Heard he invested nearly all of it on tomatoes and floating furniture.
This post was edited on 10/4 at 12:13 am
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UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4728 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:06 am to hg)
I herd he's building a house with 2 bowling allies.
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sbr2
Member since Apr 2011
8787 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:07 am to UKWildcatsFAN)
His networth is directly tied to Whataburger franchise ownership.
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TigersSEC2010
Detroit, Michigan
Member since Jan 2010
17518 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:18 am to UKWildcatsFAN)
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
326 posts
 Online
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:22 am to UKWildcatsFAN)
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.
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TT9 
Illinois Fan
Global Warming
Member since Sep 2008
45220 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:24 am to zacharytiger08)
Asshurt
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MagicCityBlazer
UAB Fan
Birmingham
Member since Nov 2010
738 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:24 am to zacharytiger08)
quote:
zacharytiger08
Those in glass houses shouldn't throw stones.
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ReauxlTide222 
Alabama Fan
Member since Nov 2010
5966 posts
Online
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:30 am to UKWildcatsFAN)
He's a financial planner on the side guys. He has a great portfolio and will be set for years to come.
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UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4728 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:30 am to zacharytiger08)
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?
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MagicCityBlazer
UAB Fan
Birmingham
Member since Nov 2010
738 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:31 am to UKWildcatsFAN)
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
326 posts
Online
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:32 am to MagicCityBlazer)
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
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UKWildcatsFAN
Kentucky Fan
Bowling Green
Member since Sep 2011
4728 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 12:51 am to zacharytiger08)
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?
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LaBornNRaised
New Orleans Saints Fan
The Datty's are Fixed!
Member since Feb 2011
7887 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 1:00 am to UKWildcatsFAN)
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 
Lamar Fan
Member since Oct 2007
9984 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 7:02 am to UKWildcatsFAN)
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.
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arwicklu
Alabama Fan
Houston, TX
Member since Jan 2008
6307 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 7:27 am to jacks40)
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.
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brgfather129 
Texas Tech Fan
Austin, TX
Member since Jul 2009
4145 posts
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 7:55 am to sbr2)
quote:
His networth is directly tied to Whataburger franchise ownership.
Solid investment, he is all set.
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lsu480 
Arizona State Fan
1488 posts
Member since Oct 2007
48809 posts
Online
| re: How long till Dre Kirkpatrick loses all of his money? (Posted on 10/4/12 at 9:28 am to arwicklu)
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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