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Carmelo Anthony explains why a $100,000,000 contract doesn’t make professional athletes rich for life “$100 million… let’s not get that twisted.” “It’s not really $100 million.” “You’re taking 50% to 60% off the top.” “So that $10 million becomes $5 million.” “Then you’ve got taxes in every state you...

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Isaac Bassey

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12,195,874 Aufrufe • vor 1 Monat •via X (Twitter)

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JJ Redick says $10,000,000 is supposed to last an NBA player forever “During my career the average NBA career was like four and a half years. So if you play four and a half years, that means you’re not getting to a real second contract” “You’re likely making 750, 1.2, 1.5 maybe you get an exception, 2.9. So you’ve made $8 million over four and a half years. Let’s call it $10 million over five years” “You’ve got $5 million to spend. You’re in the NBA, you’re going to get a nice car, you’re probably going to buy a nice house, but you’re going to take care of your parents before you spend another dollar” “Then you’ve got to pay your agent. How is that supposed to last you the rest of your life?” “It’s not about the intake, it’s about the outtake”
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JJ Redick says $10,000,000 is supposed to last an NBA player forever “During my career the average NBA career was like four and a half years. So if you play four and a half years, that means you’re not getting to a real second contract” “You’re likely making 750, 1.2, 1.5 maybe you get an exception, 2.9. So you’ve made $8 million over four and a half years. Let’s call it $10 million over five years” “You’ve got $5 million to spend. You’re in the NBA, you’re going to get a nice car, you’re probably going to buy a nice house, but you’re going to take care of your parents before you spend another dollar” “Then you’ve got to pay your agent. How is that supposed to last you the rest of your life?” “It’s not about the intake, it’s about the outtake”

katsu

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Knicks Legend Carmelo Anthony says the thing nobody warns athletes about isn't going broke, it's what it does to you mentally "That's $100 million, but it's not really $100 million over a five-year span" "You're talking half your check gone to taxes. Then you gotta live, the house, take care of your mom, your agency fee, all of this stuff happening…" "And that drastic change of lifestyle messes you up mentally. That's the grey area that gets a lot of athletes"
1:17

Knicks Legend Carmelo Anthony says the thing nobody warns athletes about isn't going broke, it's what it does to you mentally "That's $100 million, but it's not really $100 million over a five-year span" "You're talking half your check gone to taxes. Then you gotta live, the house, take care of your mom, your agency fee, all of this stuff happening…" "And that drastic change of lifestyle messes you up mentally. That's the grey area that gets a lot of athletes"

katsu

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NFL Hall of Famer Shannon Sharpe says athletes who go broke after a $100,000,000 contract have issues “A $100 million contract, I think everybody understands nobody's getting all $100 million of that” “If you live in a tax free state, let's just say on the high end you paying 37% federal income tax” “You got 60 million liquid, theoretically you put that in a fund you gonna get 5 to 8%. There'll be some years you get 10 to 12%” “So, even if you're just getting 5% on 60 million, that's $3 million a year. If you can't live off $3 million a year, you got issues”
0:36

NFL Hall of Famer Shannon Sharpe says athletes who go broke after a $100,000,000 contract have issues “A $100 million contract, I think everybody understands nobody's getting all $100 million of that” “If you live in a tax free state, let's just say on the high end you paying 37% federal income tax” “You got 60 million liquid, theoretically you put that in a fund you gonna get 5 to 8%. There'll be some years you get 10 to 12%” “So, even if you're just getting 5% on 60 million, that's $3 million a year. If you can't live off $3 million a year, you got issues”

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Asmongold explains how a video game actually makes money to studios that apparently don’t know “How does a game profit with a $100 million budget? You have to make more than $100 million. If you have a $100 million budget and you make $3 million, you’ve lost $97 million.” “If the second number’s bigger than the first number, it’s good. If it’s smaller, it’s bad. Bungie doesn’t know this, Ubisoft doesn’t know this, but the secret to making money is to make more money than you spend. I know it might sound crazy, people might not be ready for this.”
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Asmongold explains how a video game actually makes money to studios that apparently don’t know “How does a game profit with a $100 million budget? You have to make more than $100 million. If you have a $100 million budget and you make $3 million, you’ve lost $97 million.” “If the second number’s bigger than the first number, it’s good. If it’s smaller, it’s bad. Bungie doesn’t know this, Ubisoft doesn’t know this, but the secret to making money is to make more money than you spend. I know it might sound crazy, people might not be ready for this.”

Asmongold Updates

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JJ Redick explains why some NBA players still go broke despite earning millions “They don’t anymore.” “I’ll tell you how it happened.” “The average NBA career during my career was about four and a half years.” “You’re probably not getting a real second contract.” “Let’s say you made $10 million over five years.” “You’ve really only got about $5 million to spend after taxes and fees.” “You’re going to buy a nice car.” “You’re probably going to buy a nice house.” “You’re going to take care of your parents.” “How is that supposed to last you the rest of your life?” “My financial advisor told me from day one—it’s all about spending.” “It’s not just about the money coming in. It’s about the money going out.”
1:18

JJ Redick explains why some NBA players still go broke despite earning millions “They don’t anymore.” “I’ll tell you how it happened.” “The average NBA career during my career was about four and a half years.” “You’re probably not getting a real second contract.” “Let’s say you made $10 million over five years.” “You’ve really only got about $5 million to spend after taxes and fees.” “You’re going to buy a nice car.” “You’re probably going to buy a nice house.” “You’re going to take care of your parents.” “How is that supposed to last you the rest of your life?” “My financial advisor told me from day one—it’s all about spending.” “It’s not just about the money coming in. It’s about the money going out.”

Isaac Bassey

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Joe Haden says most people have no idea how quickly an NFL contract disappears once taxes and family expenses hit. “I signed a five-year, $50 million contract.” “I had about $26.6 million guaranteed.” “My first year, I got a $12 million signing bonus.” “After taxes, I only touched around $7 million.” “The first thing I did was give my parents $3 million.” “Then I bought them a $1 million house.” “So right away, about $5 million was gone.” “I bought my brothers cars.” “I bought myself a penthouse.” “I got a Range Rover Sport and a Bentley GT.” “People hear $50 million and think you’ve got $50 million sitting in the bank.” “That’s not how it works.” “You look up after all that and realize you might only have around $1 million left.” “You start understanding real quick that a $50 million contract is not actually $50 million.” “That’s why so many guys go broke.”
2:22

Joe Haden says most people have no idea how quickly an NFL contract disappears once taxes and family expenses hit. “I signed a five-year, $50 million contract.” “I had about $26.6 million guaranteed.” “My first year, I got a $12 million signing bonus.” “After taxes, I only touched around $7 million.” “The first thing I did was give my parents $3 million.” “Then I bought them a $1 million house.” “So right away, about $5 million was gone.” “I bought my brothers cars.” “I bought myself a penthouse.” “I got a Range Rover Sport and a Bentley GT.” “People hear $50 million and think you’ve got $50 million sitting in the bank.” “That’s not how it works.” “You look up after all that and realize you might only have around $1 million left.” “You start understanding real quick that a $50 million contract is not actually $50 million.” “That’s why so many guys go broke.”

KΞRL_✂️

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NBA Player, Lou Will says the average NBA player goes broke because $5 million isn’t a lot of money. “You make $5 Million, two and half of that is gone. You got agent fees and that’s another $50,000 and then you have dues for the NBPA” “The fees is $15,000 to $20,000 a year and that’s how we’re able to get our health care and all of that” “Then you have your personal staff, financial advisor is probably 1%, agent at a high number is gonna get 4%” “Before you look up, you have $1.4 Million off of $5 Million left and then you have the mansions and jewelries and girlfriends and channel bags” “Before you know it, you’re not a millionaire no more”
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NBA Player, Lou Will says the average NBA player goes broke because $5 million isn’t a lot of money. “You make $5 Million, two and half of that is gone. You got agent fees and that’s another $50,000 and then you have dues for the NBPA” “The fees is $15,000 to $20,000 a year and that’s how we’re able to get our health care and all of that” “Then you have your personal staff, financial advisor is probably 1%, agent at a high number is gonna get 4%” “Before you look up, you have $1.4 Million off of $5 Million left and then you have the mansions and jewelries and girlfriends and channel bags” “Before you know it, you’re not a millionaire no more”

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Rich Paul says athletes have the hardest job in the world because their $100 million contracts can become $50 million after taxes while everyone around them stops working “Athletes have the hardest job in the world.” “They take everybody to work with them.” “You at work, you at work, nobody with you. But they take everybody to work with them.” “Not to mention $100 million, really $50 million after taxes.” “Now you gotta multiply that times your dependents, then break it down from there.” “When an athlete makes money, everybody around them stop working.” “That don’t make sense though.” “When the CEO of Amazon gets promoted to become CEO, I can guarantee you nobody stopped working.”
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Rich Paul says athletes have the hardest job in the world because their $100 million contracts can become $50 million after taxes while everyone around them stops working “Athletes have the hardest job in the world.” “They take everybody to work with them.” “You at work, you at work, nobody with you. But they take everybody to work with them.” “Not to mention $100 million, really $50 million after taxes.” “Now you gotta multiply that times your dependents, then break it down from there.” “When an athlete makes money, everybody around them stop working.” “That don’t make sense though.” “When the CEO of Amazon gets promoted to become CEO, I can guarantee you nobody stopped working.”

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1,865,110 Aufrufe • vor 10 Tagen

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Senator Josh Hawley (R) GOES SCORCHED EARTH ON ANTHONY FAUCI: “A MILLION PEOPLE DEAD. You’re getting rich.” “A MILLION PEOPLE DEAD. You’re using federal employees to get cash awards for you.” “A MILLION PEOPLE DEAD. And you’re here taking the Fifth because you don’t want to admit that what really happened in all that time was a multi-month, multi-year course of self-dealing.”

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19,489 Aufrufe • vor 20 Tagen

Odell Beckham Jr gets emotional as he says it is hard to live on $100 Million and it doesn’t last forever. “You always hear the people who ain’t us and has never been in the position say things like ‘oh that will last a lifetime’” “I always explain this to people like you give someone a 5year $100 Million contract. What is it really? It’s 5 years for $60 Million. We’re getting tax” “If we do the math, that’s $12 Million a year that you have to spend, use, save, invest, flaunt, buy a car, get my mum a house. Everything costs money” “So if you’re spending $8 Million a year, that’s really $40 Million over 5 years” “So if you start doing the maths it’s like, that’s a 5 year span of where you’re getting $8 Million” “Can you make that last a lifetime?”
1:00

Odell Beckham Jr gets emotional as he says it is hard to live on $100 Million and it doesn’t last forever. “You always hear the people who ain’t us and has never been in the position say things like ‘oh that will last a lifetime’” “I always explain this to people like you give someone a 5year $100 Million contract. What is it really? It’s 5 years for $60 Million. We’re getting tax” “If we do the math, that’s $12 Million a year that you have to spend, use, save, invest, flaunt, buy a car, get my mum a house. Everything costs money” “So if you’re spending $8 Million a year, that’s really $40 Million over 5 years” “So if you start doing the maths it’s like, that’s a 5 year span of where you’re getting $8 Million” “Can you make that last a lifetime?”

Percy

71,239 Aufrufe • vor 1 Monat

Lacy got into a debate with his chat after saying he's not "rich", revealing that his current net worth is $3-4 million 😳 - 50% to taxes living in California - expenses - investing into content - long term investments "rich to me is having $10 million"
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Lacy got into a debate with his chat after saying he's not "rich", revealing that his current net worth is $3-4 million 😳 - 50% to taxes living in California - expenses - investing into content - long term investments "rich to me is having $10 million"

yoxic

2,298,168 Aufrufe • vor 3 Monaten

Grant Cardone reveals a $1,000,000 isn't a lot of money "Yeah, dude, look—a million dollars is not even money. I mean, a million dollars is no money. Okay? You went from having no money to a million dollars, and now you still have no money." "So, I’m just telling you: one emergency, one car wreck, one cancer treatment, one political event, another inflation’s gonna steal the money." "Like, a million dollars for you—if you had no more income—a million dollars for you divided by... let’s say when you’re... how long you gonna live?" "I'd like to say 80." "Okay, okay, you’re gonna live 80 years... okay, maybe. Divided by what, you’re 21 years old? So you’ve got, what is that, 59 years? Okay, divided by 12... you can spend 1,400 bucks a month on your million dollars. If there’s no inflation." "$1,400 a month, bro, that’s not even rent. You can’t even go to lunch once. You ain’t strapped a condom on yet, okay? Nothing. Nothing. You ain’t had a bottle, you ain’t... like nothing. You haven’t made one mistake. That’s what you can spend if you never earn any more income."
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Grant Cardone reveals a $1,000,000 isn't a lot of money "Yeah, dude, look—a million dollars is not even money. I mean, a million dollars is no money. Okay? You went from having no money to a million dollars, and now you still have no money." "So, I’m just telling you: one emergency, one car wreck, one cancer treatment, one political event, another inflation’s gonna steal the money." "Like, a million dollars for you—if you had no more income—a million dollars for you divided by... let’s say when you’re... how long you gonna live?" "I'd like to say 80." "Okay, okay, you’re gonna live 80 years... okay, maybe. Divided by what, you’re 21 years old? So you’ve got, what is that, 59 years? Okay, divided by 12... you can spend 1,400 bucks a month on your million dollars. If there’s no inflation." "$1,400 a month, bro, that’s not even rent. You can’t even go to lunch once. You ain’t strapped a condom on yet, okay? Nothing. Nothing. You ain’t had a bottle, you ain’t... like nothing. You haven’t made one mistake. That’s what you can spend if you never earn any more income."

Lunix Twin

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OBJ says a $100 MILLION NFL contract isn't really worth $100 MILLION… and Cam Newton explains why. Odell Beckham Jr. says fans see the headline number, but not what players actually take home. His example: > “A five-year, $100 million contract… it's really five years for $60 million.” He says people also forget that the money is spread across five years not paid all at once. Cam Newton agreed and said the real problem isn't just taxes, it's lifestyle. He explained that once your income goes up, so do your expenses. He pointed to things like: — Taxes — Buying your mom a house — Cars — Ferrari insurance — Maintenance — Registration fees — Moving cars between states — Everyday lifestyle costs Cam then addressed the common belief that $100 MILLION means you'll never have to work again. > “People say, ‘If I made $100 million, I'd never work another day in my life.’” His response: > “That too is a lie.” Cam says it all comes down to one thing: > “If your income is being submerged by your output, you are doomed.” His advice: > “Live like a prince… not like a king.”
5:28

OBJ says a $100 MILLION NFL contract isn't really worth $100 MILLION… and Cam Newton explains why. Odell Beckham Jr. says fans see the headline number, but not what players actually take home. His example: > “A five-year, $100 million contract… it's really five years for $60 million.” He says people also forget that the money is spread across five years not paid all at once. Cam Newton agreed and said the real problem isn't just taxes, it's lifestyle. He explained that once your income goes up, so do your expenses. He pointed to things like: — Taxes — Buying your mom a house — Cars — Ferrari insurance — Maintenance — Registration fees — Moving cars between states — Everyday lifestyle costs Cam then addressed the common belief that $100 MILLION means you'll never have to work again. > “People say, ‘If I made $100 million, I'd never work another day in my life.’” His response: > “That too is a lie.” Cam says it all comes down to one thing: > “If your income is being submerged by your output, you are doomed.” His advice: > “Live like a prince… not like a king.”

J’ae VESper 🩸

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If you’re a male model content creator, you’ve got to broaden your appeal. You’ve got to understand your audience goes beyond just women. Like it or not, the reality is women tend to be a smaller part of the audience in this space.
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If you’re a male model content creator, you’ve got to broaden your appeal. You’ve got to understand your audience goes beyond just women. Like it or not, the reality is women tend to be a smaller part of the audience in this space.

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“With Your Monthly Salary, You Loaned Your Wife ₦40 Million To Start a Business? How Possible Is That? Where Did The Money Come From? Otedola, You’re Not a Serious Person”. ~ Man Reacted To Otedola’s Book.

Somto Okonkwo

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Ben Affleck says making a theatrical movie is far more expensive than most people realize. “Even without paying a huge movie star, it’s very difficult to make a film for less than $25 million today.” “And that number can climb fast once you add action scenes, stunts, or visual effects.” “What most people don’t realize is that you often spend about as much marketing the movie as you do making it.” “If the movie costs $25 million to make, you might spend another $25 million promoting it.” “Now you’re $50 million into the project.” “And theaters only send back about 50% of the box office.” “So if your movie grosses $100 million, you’re basically breaking even.”
1:25

Ben Affleck says making a theatrical movie is far more expensive than most people realize. “Even without paying a huge movie star, it’s very difficult to make a film for less than $25 million today.” “And that number can climb fast once you add action scenes, stunts, or visual effects.” “What most people don’t realize is that you often spend about as much marketing the movie as you do making it.” “If the movie costs $25 million to make, you might spend another $25 million promoting it.” “Now you’re $50 million into the project.” “And theaters only send back about 50% of the box office.” “So if your movie grosses $100 million, you’re basically breaking even.”

KΞRL_✂️

145,291 Aufrufe • vor 2 Monaten

“If You’re In Nigeria And You’re Not Making Up To ₦1 Million a Month, You Better JAPA (Relocate) And Find Your Way Abroad. You’ll Be Making Triple That Amount Monthly. Truck Drivers Here Are Making Over N5 Million a Month.” ~ Italy-Based Nigerian
1:00

“If You’re In Nigeria And You’re Not Making Up To ₦1 Million a Month, You Better JAPA (Relocate) And Find Your Way Abroad. You’ll Be Making Triple That Amount Monthly. Truck Drivers Here Are Making Over N5 Million a Month.” ~ Italy-Based Nigerian

Somto Okonkwo

134,478 Aufrufe • vor 7 Monaten

Elon Musk: 𝕏 users post 100 million times a day. Grok will read everything. “The really big change is Grok literally reads everything that's posted to the platform; there are about 100 million posts per day. So it's 100 million pieces of content per day. I think it goes beyond that if it's outside of English. We're going to start off reading what Grok thinks are the top 10 million of the 100 million. And we'll actually read them and understand them and categorize them and match them to users. This is not a job humans could ever do. And then once that is scaling reasonably well, we'll add the entire 100 million a day. So it's literally going to read through 100 million things and show you the things that it thinks, out of 100 million posts per day, are the most interesting posts to you.” All-In Podcast, October 31, 2025
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Elon Musk: 𝕏 users post 100 million times a day. Grok will read everything. “The really big change is Grok literally reads everything that's posted to the platform; there are about 100 million posts per day. So it's 100 million pieces of content per day. I think it goes beyond that if it's outside of English. We're going to start off reading what Grok thinks are the top 10 million of the 100 million. And we'll actually read them and understand them and categorize them and match them to users. This is not a job humans could ever do. And then once that is scaling reasonably well, we'll add the entire 100 million a day. So it's literally going to read through 100 million things and show you the things that it thinks, out of 100 million posts per day, are the most interesting posts to you.” All-In Podcast, October 31, 2025

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0:43

Mark Cuban says you can sell your company for a billion dollars and walk away with $30,000,000 and still be working forever for somebody else “You get caught in that trap of, I did my seed, I did my Angel, I did my Series A, then my Series B and you think that’s the accomplishment, you’ve already failed” “I’ve seen huge multi-billion-dollar exits where the original founder… it’s not nothing to make $20, $30 million” “But out of a multi-billion-dollar exit to make $30 million? That means you’re working forever for somebody else”

katsu

2,018,200 Aufrufe • vor 1 Monat

“Someone can count ₦100 million in 100 seconds. You can also count ₦50 million in 50 seconds just by looking at it. Even if Harrison Gwamnishu wanted to add something to the money he was giving the k!dn@ppers, he should not have removed the ₦5 million; instead, he should have added it to the ₦20 million so that the kidn@ppers would not notice.” —VeryDarkman responds to a lady wondering how k!dn@ppers could tell that the rånsom was incomplete
8:57

“Someone can count ₦100 million in 100 seconds. You can also count ₦50 million in 50 seconds just by looking at it. Even if Harrison Gwamnishu wanted to add something to the money he was giving the k!dn@ppers, he should not have removed the ₦5 million; instead, he should have added it to the ₦20 million so that the kidn@ppers would not notice.” —VeryDarkman responds to a lady wondering how k!dn@ppers could tell that the rånsom was incomplete

CHUKS 🍥

85,475 Aufrufe • vor 8 Monaten