Shame on the NBA! And while I'm at it, shame on the NFL! This is yet another example of how the culture of celebrity is IRRESPONSIBLE and lacking in ANY grounding. It is HARMING our country. Young people look up to these sad souls as if they are heroes. THEY ARE NOT.

Look on the bright side. At least he went bankrupt with HIS money. Unlike the Dear Leader that is bankrupting us all on our dime.

Obama's next Treasury Secretary!

So, Antoine is as financially irresponsible as Obama?
Don't they teach basic economics in the 'hood? You can't spend more money than you take in. You can't spend more money than you have.

You'd think athletes would learn, but they seldom do.

That's nothing compared to lil teleprompter's profligacy.

That's chump change when you consider how a certain political 'star' blew through $6 TRILLION in just four years.

Well I guess he can apply for a free OBAMA PHONE now!!

Why is this surprising to anyone? My grandmother had a bigoted term for it.

If I owned a professional sports team, I'd hire someone to be a life coach for these guys. Teach them about managing money, dealing with fame, women etc. I would want to protect my investment. It's easy to say what an idiot these guys are, but they have no training in this stuff and are easy prey for people to leach off of. Most boxers and many actors and actresses and recording artists fall into this situation too.

no - they do not teach economics in the hood. I've often wondered how I would handle a huge windfall of money - like a lottery win. People are seldom equipped to deal with this, particularly when you factor in hangers-on, gambling, stupid business deals and sneaky management.

these stories are all too common - you would think that at least the major sports associations (or even the individual clubs) could offer financial management advice to the players. None of them are truly capable of handling this kind of income...

I didn't even read the article but I can guess: paternity suits/child support, grifters, bad advice & living beyond his means.

Idiot !

Boo-effin'-hoo.

Life is tough. It's a lot tougher if you're stupid.

Antoine shoulda been NIGGARDLY with his money.

Perhaps instead of exploting them, perhaps the Universities should actually encourage the athletes to learn something.

Who cares? Guy's an idiot. Comes right back to sports players are way overpaid for what they do.

NBA has them, #10. Satch Sanders is one of them. He may have run into Walker a time or two, he played 13 years for the Celtics.
P.S. Walker is a punk.

Fools and their money are soon parted. They should have mandatory financial management classes, that way it's not someone else's fault...

Financial responsibility and economics is for whitey, if a black tries to understand this in the hood, they are immediately labeled an Uncle Tom, because apparently ghetto culture dictates that blacks must have no responsibility for anything. Thank you LBJ!

ESPN 30 for 30 covered this last night.. most NBA players file bankrupcy a couple years after retiring. And it's not just the NBA, it's all sports.

Players don't keep track of where their money goes. Players spend too much. Players give money to friends to invest which they lose or steal.

One guy even got a note on his birthday from his mom, saying she wanted him to give her $25k or their relationship would be over.

What I cannot understand is why seemingly sane people fork over the huge ticket prices to see these knuckleheads bounce a ball around the court. The only difference between this waste of money and the government's is the optional nature of the funding. There are so many better uses for the money (taxes or tickets).

Antoine is young and strong. Get a job and shut up.

Watch the documentary BROKE on ESPN. It has a cross-section of sports stars both black and white who lost millions. I do not feel sorry for any of them.

The blacks spent their money on cars, houses, liquor, women and lots of bling not to mention child support...9 children by 9 different women, Evander has 11 children. When they received their checks, it was a signal that they were to spend it all cause another one was coming next month....then the checks ceased!!

Kosar and Shilling spent theirs on real estate and other flimsy business ventures but at least they didn't have a posse to support plus an assortment of "baby mamas".

One might think that the leagues and/or players' associations would provide mandatory financial counseling to these athletes. Don't they? Poverty is a mindset. It takes more than large checks to overcome it.

Who cares about these dumb bells?
Stupid is as stupid does applies to all of them.

I don't feel even one drop of sympathy for anyone who is that stupid with his own money. Just don't be stupid with my money!

Reminds me of Obama, except Obama has done it with 6 TRILLION dollars in 4 years.

Maybe this guy could get Bernake's job.

You can take the boy out of the 'hood, but you can't take the 'hood out of the boy.

Where are the stories about Corzine with other people's money??

A fool and his money...

I think the Colleges and Universities where these budding superstars are groomed owe them an education, so they can make responsible financial decisions when the time comes. This kid came from Kentucky, who is now the pinaccle of college bball. Few of their kids last more than one or two years before they go the NBA, but the University makes plenty of money off them until they do!

I pay no attention to basketball. This is a white guy,right? /s

This actually illustrates a good point - just become someone is financially successful does not mean they are "smart" - having the skills and ability to be a popular actor, athlete, professor, investor ect.. does not mean you can think critically and make optimum choices.

Now eligible for free phone.

At least these people are creating jobs through their excess consumption. It's a shame, but if you are never held accountable, that what happens!

Most of the time in Boston he was a selfish ball hog, not much of a team player on defense, and a whiner with the refs. This isn't surprising. Number One went to his head.
Maybe Obama will invite him to play hoops.

Give him a job in the Treasury Department.
He'll fit right in.