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Jameerthefear
06-08-2016, 08:31 PM
Now, there are a variety of things an athlete can drop a wad of cash on: food, entertainment, cars, housing, charities, personal reasons, etc. When you see a grand total of nearly $50,000 a month, you might be curious as to what the money is spent on. Fortunately, the data (via the San Francisco Chronicle) breaks it down. Here's a brief summary:

Clothing/shoes: 11 percent
Automotive: 9 percent
Travel: 8 percent
Restaurants: 7 percent
Charitable giving: 7 percent
Entertainment: 6 percent
Based on percentages, those expenses seem fairly reasonable. Of course, a hoopster's 6 percent on entertainment is different than a fan's 6 percent.

It is important to understand this study may not be representative of the league. The sample size isn't huge, but it is a fairly good size. Also, this data comes from only a four-month sample.

Some athletes are better at managing their finances than others, as it's not unheard of for an athlete to go from having millions to being bankrupt. But as long as the individual can keep tabs on their bank account, who are we to tell them how to spend their money?
http://bleacherreport.com/articles/2645062-study-finds-the-typical-nba-player-spends-42500-per-month?utm_source=cnn.com&utm_medium=referral&utm_campaign=editorial

Kvnzhangyay
06-08-2016, 08:33 PM
This is definitely skewed either because of

1) Top players make a shitloadddddd moree and probably spend a shitloadddddd more

2)How do they seperate what's spent vs. what is supplied by the team?

bdreason
06-08-2016, 08:52 PM
And 60% of NBA players go broke within 5 years of retirement.