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Nets Rookie Rondae Hollis-Jefferson Surprises His Mom With New House
Posted on 10/25/15 at 7:42 pm
Posted on 10/25/15 at 7:42 pm
LINK
quote:
20-year-old Rondae Hollis-Jefferson was the No. 23 pick in the 2015 NBA Draft, and was immediately traded to the Brooklyn Nets. And the first thing the rookie wanted to do when he signed his NBA contract was to buy his mother a house. The Chester, PA native surprised his mother, Rylanda Hollis, recently and capture the emotional moment on film.
1
Posted on 10/25/15 at 7:43 pm to UltimateHog
I hope it has a room for him when he's out of the league with no diploma and broke
Posted on 10/25/15 at 7:44 pm to vengeanceofrain
Posted on 10/25/15 at 7:46 pm to vengeanceofrain
Mad cause he already has more money than you'll earn the next 5 years?
Posted on 10/25/15 at 7:48 pm to vengeanceofrain
quote:
has a room for him when he's out of the league with no diploma and broke
Well that didn't take long
Posted on 10/25/15 at 7:49 pm to Byron Bojangles III
Just a stupid decision. Kid had no savings yet
If i bought my mom a house with no personal savings, Money put back for kids education or no retirement money my mom would slap the piss out of me for being so stupid
If i bought my mom a house with no personal savings, Money put back for kids education or no retirement money my mom would slap the piss out of me for being so stupid
Posted on 10/25/15 at 7:50 pm to vengeanceofrain
quote:
I hope it has a room for him when he's out of the league with no diploma and broke
like u wouldnt leave "without a diploma" to be a first round pick
Posted on 10/25/15 at 7:52 pm to vengeanceofrain
I didn't see any mention of how much the house cost.....
Posted on 10/25/15 at 7:52 pm to vengeanceofrain
Lol he got 3 million guaranteed for 2 seasons with options for over 6 million beyond that, I think he'll be okay buying his mom a decent house.
Not like it's a mansion, pretty basic and semi-dated looking house.
Not like it's a mansion, pretty basic and semi-dated looking house.
Posted on 10/25/15 at 7:52 pm to oleyeller
quote:
like u wouldnt leave "without a diploma" to be a first round pick
Especially when you can easily just get a damn diploma while you are in the league
Posted on 10/25/15 at 7:54 pm to RTR America
Hes n a 4 year deal with a 2 year team option for about 5 mil. That's basically a 2 year guaranteed contract. He's acting like he just signed his.second deal
Mom would be.living in a nice apartment until i got that second contract
Mom would be.living in a nice apartment until i got that second contract
Posted on 10/25/15 at 7:56 pm to vengeanceofrain
quote:
That's basically a 2 year guaranteed contract.
All NBA contracts are fully guaranteed.
Posted on 10/25/15 at 7:57 pm to RTR America
No they are not. All rookie contracts come with a 2 year team option
Posted on 10/25/15 at 7:58 pm to vengeanceofrain
quote:
Mom would be.living in a nice apartment until i got that second contract
yes much smarter! Put mom in nice apartment so your pissing money away each month instead of investing in a nice home that will only increase in value.
Posted on 10/25/15 at 7:59 pm to UltimateHog
Yeah, I was going to say it looks like the house was maybe like $250k or something. This was obviously a lifelong dream of his to buy his mom a house. If he's going to be sensible with the rest of the ~$2.5 million guaranteed, I'm sure he'll be fine.
Posted on 10/25/15 at 8:03 pm to vengeanceofrain
Misunderstood what you were saying. Thought you meant he had a two year option at the end of the 4 year deal. I'm dumb and forgot how the rookie deals work
Still though, we have no idea how much the house cost. He can easily get a degree while in the NBA. He can still go back to school whenever he gets out the league. You have no idea what else he is doing with his money.
Still though, we have no idea how much the house cost. He can easily get a degree while in the NBA. He can still go back to school whenever he gets out the league. You have no idea what else he is doing with his money.
Posted on 10/25/15 at 8:34 pm to vengeanceofrain
quote:There's always gotta be one in every thread.
Just a stupid decision. Kid had no savings yet
If i bought my mom a house with no personal savings, Money put back for kids education or no retirement money my mom would slap the piss out of me for being so stupid
Posted on 10/25/15 at 8:41 pm to vengeanceofrain
How is buying real estate a bad investment. Especially for his mom. That house was probably 300k and will appreciate
Not like he bought her a 300k rolls
Not like he bought her a 300k rolls
Posted on 10/25/15 at 8:44 pm to vengeanceofrain
quote:
Just a stupid decision. Kid had no savings yet
If i bought my mom a house with no personal savings, Money put back for kids education or no retirement money my mom would slap the piss out of me for being so stupid
Unless things have changed in the past couple of days, I'm pretty sure you can "buy a house" without putting 100% of the money up front first.
Posted on 10/25/15 at 8:48 pm to Walking the Earth
Besides as the other poster put it, he bought an asset. One that will appreciate value over time. Sounds more like an investment than a some frivolous purchase.
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