Jaylen Brown says 60% of NBA players lose most of their wealth because the agency model broken
“I hope I ruffle all the motherfucking feathers. The agency model isn't working. It's a bunch of players going broke when they retire. It's like 60% of players within the first 10 years are losing majority of their wealth after making millions of dollars. Living check to check. You can blame the athlete, maybe they living expenses, but they was 18 or 19 when they came into wealth and the people that represented them didn't help them handle that in no capacity or care to. After they get you and they get in your pocket, they just go get the next one and get in his pocket”
“This is what I'mma stand on. And this could be controversial, but I don't care. If you can't help me at 18 or 19 to maintain my wealth, build a legacy, and keep what I'm earning and be able to influence me on my decision making, you shouldn't be representing me in the first place. Shouldn't even be allowed to walk into my house. But we allow this agency model. They keep coming in and they keep stripping everything and we giving it right back to the same people that was giving it to us in the first place. Giving it right back”
“Something got to change. There's been people taking advantage of these 18, 19 young kids, and nobody says nothing. I think that's a part of the problem where we don't say that and we just allow that to be normalized. No, that shit ain't normal. You get millions of dollars and now you broke. And the people that's representing you can't even pick up the phone now. These people have continued to do that and they're gonna continue to do it because they see it as business and economic opportunity”
“It’s my dream to play for Memphis, I’ve always admired the city and sometimes wish I got drafted there. Maybe I’ll finish my career there.”
- LeBron on his free agency options
Via @ShamsCharania
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