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re: Rex Chapman arrested for stealing $14,000 of stuff from Apple Store
Posted on 9/19/14 at 11:40 pm to NorthEndZone
Posted on 9/19/14 at 11:40 pm to NorthEndZone
quote:
SalariesSeason Team Lg Salary
1988-89 Charlotte Hornets NBA $675,000
1990-91 Charlotte Hornets NBA $675,000
1991-92 Charlotte Hornets NBA $940,000
1992-93 Washington Bullets NBA $2,004,000
1993-94 Washington Bullets NBA $2,004,000
1994-95 Washington Bullets NBA $2,004,500
1996-97 Phoenix Suns NBA $247,500
1997-98 Phoenix Suns NBA $326,700
1998-99 Phoenix Suns NBA $2,800,000
1999-00 Phoenix Suns NBA $3,150,000
2000-01 Phoenix Suns NBA $3,500,000
2001-02 Phoenix Suns NBA $3,850,000
Career (may be incomplete) $22,176,700
Looks like another 30 for 30 episode in the making. "When 22 million is not enough"
Half to taxes,agents etc makes it 11 mil and half to ex-wife takes it down to 5.5 mil. That $ was over 25 years so his cut is like $200k a year and I am sure he led an NBA lifestyle for a few of those years. Not to mention he is a gambling and drug addict.
This post was edited on 9/19/14 at 11:42 pm
1
Posted on 9/19/14 at 11:49 pm to lsu480
That's what is so baffling about it. Even saving 5% of that 22 million would be over 1 million invested over 20 years ago which would be worth at least 3 million today with a modest return.
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