re: What has Jamarcus Russell done with his 40 million?

Net of taxes, agents and expenditures, seems highly unlikely he could have more than $15M left.

bought a cough syrup factory

Former player told me he would drop $300k in one weekend pretty regularly. As another poster said, between taxes, agents, and lawyers the most he could have is $15 million.

With how he lived while he was in the NFL, I don't see how he could possibly have more than $5 million left. A large number of professional athletes end up bankrupt and he was on the fast track.

Former player told me he has a farm full of unicorns and pink elephants. He also spent a few million to successfully capture the Mobile leprechaun.

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except that isn't JR in the picture, its Dorsey

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Holy shite, really?

I'm just showing that other players who we praise on here also do stupid things with their money, and it's not very fair to call someone out unless you have all the facts.

Jamarcus may have invested in Google at $200/share - no one here knows. Until his bankruptcy hearing it's not cool to proclaim that a guy is destitute because he flies on Southwest. So does Kevin Smith, and I'm sure he's got way more than $40M.

i wasn't responding to you. Don't be such a sarcastic prick

I don't think he's quite gone the way of MC Hammer, but I'm sure there are or were quite a few hangers-on who had their hand out. His uncle Ray-Ray was a father figure and I think his death sent JM into a tailspin. And, of course, Oakland was probably the worst place for him. I sincerely hope he can find a mentor and get another shot.

I was being serious when I said $25 million. These people are usually pretty accurate - LINK

Now I'm sure most of it is built up in his assests. Houses, cars, jewelry, etc. no telling how much he has left to spend. Could always sell a Rolls Royce or two.

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A large number of professional athletes end up bankrupt and he was on the fast track

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You KNOW that he was on the fast track?

So many finance wizards on the Rant these days.

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Is this assuming he hasn't invested ANY of it?

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Yes, but I was being very generous with the "expenditures" category.