Antoine Walker Rumors

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Antoine Walker
Antoine Walker
Position: None
Born: 08/12/76
Height: 6-9 / 2.06
Weight:244 lbs. / 111.1 kg.
The temptations — the cars, the clothes, the pressure to help family and friends — that came with the fame and fortune caught up to Walker, and he was forced to file for Chapter 7 bankruptcy. “That process of me playing in the NBA created a very expensive lifestyle for myself,” Walker told USA TODAY Sports in a phone interview last month. “I lived a very good lifestyle where I took care of not only myself, (but) my brothers and sisters. I was the oldest of six, so I watched my mom raise us by herself. I have two kids of my own … and I brought friends along on the journey as well. I ran with a group of friends, seven or eight of us that grew up in the same neighborhood. I kind of took them on this journey with me throughout the NBA and made sure that they enjoyed the fruits of my labor too.”
Walker, who would never wear the same suit twice and owned more cars than he could count on one hand, accelerated his financial downfall when he dove into real estate. “In the process of taking care of (friends and family) and myself and creating a lifestyle for myself, seven years into my career I decided I wanted to venture off into real estate,” Walker said. ” … Eventually, four years down the line, it ended up going bad. Recession hit, 2007, 2008. … The downfall, the mistake that I made, was being the personal guarantor of the real estate company and putting up my personal financial portfolio in order to get these loans and this money.”
“I had some personal fetishes that weren’t very good,” Walker said. “I loved cars, even though cars depreciate the moment you drive them off of the lot. I always tell guys that now. But I had a Maybach, which was $450,000. I paid that for one car. I always tell guys about that and how it depreciated. I also had some very expensive homes. There’s nothing wrong with having a nice home, but there’s no reason to have houses with rooms you don’t use. You don’t think about all of the taxes that come with those homes. And when the money is no longer coming in, the upkeep on those expensive homes is a problem. I also had a jewelry fetish. Now, I try to tell guys, ‘You don’t need to have 15 watches!’ If you want a watch, buy one nice watch that holds its value and you can have for the rest of your life. Guys want to make big purchases when they get into the league, but there are a lot of things that they don’t think about when they’re buying these things. I try to tell them some of the things I learned the hard way.”
“At the end of the day, you have to add the word ‘no’ to your vocabulary. It was a word that I never really used. When I played, I was very generous to my family and friends, but you have to find a balance. You have to hold them accountable. You have to be a little bit selfish and make sure that you’re taking care of yourself too because you’re the one working hard and earning the money, but it’s tough. In addition to telling guys to add the word ‘no’ to their vocabulary, we also teach the athlete to create buffers – assigning other people to be the one saying ‘no’ and giving the bad news. A lot of players feel like they can’t say no. Well, if that’s the case, put someone in place to do it for you and take that stress off you.”