NBA

Former Miami Heat guard Rex Chapman arrested

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The demise of former professional athletes is a common story line. Some fall victim to drugs. Others to alcohol.

And many more simply end up flat broke when the checks stop coming in and their spending isn't held in check.

On Friday, another one of those sad stories came forward when former NBA player Rex Chapman, who spent time with the Charlotte Hornets and Phoenix Suns, was arrested for stealing items from the Apple store in Scottsdale, Arizona, according to the Arizona Republic.

What was he doing?

Chapman wasn't just taking items and tucking them under his shirt or into his pants. He was allegedly picking up items at the store, pretending to pay for them with the iPhone self checkout and then leaving, according to the paper.

And it didn't happen just once. It happened seven times in recent months. Chapman would then take the items to a local pawn shop and get cash for them, according to the paper.

Now, he's charged with several felony counts, including organized retail theft and trafficking in stolen items.

Scottsdale police spokesman Mark Clark told the paper that Chapman was identified by Apple Store employees "based on his previous celebrity status as an NBA basketball player."

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Why this shouldn't surprise us

The story of pro athletes going broke after the game is common. But the stat, from Sports Illustrated, is that five years after retiring, 60 percent of former NBA players are broke.

The NFL number is even worse, with 78 percent going bankrupt or being under financial stress two years after retirement.

There are a ton of factors, as the ESPN 30 for 30 documentary brought up, starting with spending but continuing on to taxes, financial assistants and agents and bad investments.

One of the craziest stories was former Browns QB Bernie Kosar saying that, at one point, he was supporting 25-50 families. In 2009, he declared bankruptcy.

But what about Chapman?

Chapman wasn't just a guy who played in the NBA. He spent a long time there, 12 years, making a reported $22 million.

He was the original Charlotte Hornet, becoming a first-round pick for the franchise in 1988. He then held several front office jobs after his career.

He also played for the Washington Bullets and Miami Heat. He worked last year's NCAA Tournament and Final Four as an analyst for Turner and CBS and was the color analyst for Grand Canyon University men's basketball games on the local Cox station in Arizona.

Topics:
NBA
New Orleans Hornets
Phoenix Suns

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