Athletes and celebs have always been known to mismanage their money and/or get scammed out of the money they worked hard for.
With the COVID-19 quarantines and loss of money, Blazers CJ McCollum says on Jason Williams’ The Boardroom that there are a lot of players living paycheck to paycheck.
“I would say out of 450 players … 150 probably are living paycheck to paycheck,” McCollum said.
“I think a lot of guys are going to be hurting especially people on minimums or people that didn’t just budget correctly and didn’t expect this to happen,” McCollum said, via The Boardroom. “Maybe they loaned money or paid money to family. Maybe they’re taking care of multiple people and now there’s a work stoppage for us and for a lot of people in America.”
I’m not surprised that there are some that are living paycheck to paycheck but a third of the players is a lot.
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