All I hear is one financial misstep after another. Why would you give your parents $3M + a $1M home when YOU only take home $7M for the year? THEN you copped a Bent GT, AND Range Sport? Became a millionaire and tried to live like a billionaire.
Thats insane.
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.”
Watching $MSTR bleed another 3% today while $STRC prints a record low is the clearest mining pitch we've seen all year.
The stock now trades for less than the Bitcoin it holds.
Which means the famous flywheel "issue shares, buy Bitcoin, grow Bitcoin-per-share" is running in reverse.
Every share Strategy sells to buy Bitcoin now shrinks holders' Bitcoin-per-share instead of growing it.
The engine that made MSTR legendary is the same engine eating it right now.
Meanwhile a miner had the exact same day everyone else did.
No premium to defend, no discount to escape, no flywheel to keep spinning.
The whole space is relearning something today.
The wrapper was always the risk. bitcoin:native was never the problem.
So stop buying the wrapper. Produce the Bitcoin and hold the real thing.
This clip was AFTER Tank sent Shakur an offer for a one fight deal with PBC to replace Lomachenko, which Shakur previously agreed he would do. Shakur declined the offer and decided to sign with Matchroom, instructing Eddie that Gervonta Davis is not one of the opponents he is interested in fighting at that moment. All of this went under the radar, but was documented nonetheless.
Lamont Roach was a backup backup opponent. First it was Loma, then Shakur, then Rayo, then Roach.
Kyle Kuzma says he now plans to launch his own venture capital fund.
Kuzma, who will have over $125 million in NBA career earnings after next season, has spent 3-4 hours a day in-season studying companies over the past few years.
Drake's "Janice STFU" officially debuts at No. 1 on the Billboard Hot 100 🏆
It is Drake’s 14th No. 1 on the chart, breaking his tie with Michael Jackson. He now holds the most No. 1 hits by a male solo artist in history. https://t.co/eecG6YYQTY