NBA

Antoine Walker no longer embarrassed over being broke

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At an age when some of his former teammates are playing in the NBA, Antoine Walker is long gone.

He played 13 years, he made $110 million. And he blew every cent of it, having to do everything to get himself out of his 2010 bankruptcy filing, including setting his NBA title ring (won with the Heat).

Now, he's told TMZ Sports that he's got his finances in order and he's “more confident” talking about his financial woes. In essence, he's no longer embarrassed about it.

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What happened?

Well, Walker blames a lot of it on surrounding himself with the wrong people.

"I got robbed twice (at gunpoint) and my home was burglarized in 1999 ... as a result of having lots of money and some bad people around me," Walker told TMZ Sports.

He has written a book on the topic and also says he has signed on for a documentary called “Gone in and Instant.” He told TMZ Sports he “needed to do” that and he can now be an example for others.

"If I can help bring down the number of athletes and entertainers who go broke ... then I feel I'm doing something to help the cause."

He isn't alone

Plenty of NBA players and pro athletes go broke after their careers. According to Sports Illustrated, it happens to 60 percent of NBA players within five years of retirement.

They're used to having a steady flow of money and wads of cash to spend. When that money flow stops, it's hard to curb spending habits and pay things like mortgages. It's also hard to cut off friends who have been on the payroll during the more bullish years.

Topics:
Miami Heat
Boston Celtics
NBA

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