The NBA is a pretty lucrative business. Apart from the thrilling games every day, the financial aspect of the league is among the very best in the world. As a result, the athletes make a lot of money in their career and some even continue to get the bag after retirement. However, it is not always a happy ending as one would assume.
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One such example is an ex-Golden State Warriors star, Joe Smith, who made close to $61 million in his career. However, after a string of bad decisions, one proved to be the nail in the coffin, dragging him into debt.
Warriors veteran details going broke
Joe Smith has recently been the talk of the town. It all started from his wife’s OnlyFans account revelation and then everything began to spiral down from there. Over the last few weeks, Smith has made several media appearances to talk about his life. While at the beginning of his career, Smith was considered among the best talents in the league, sadly it couldn’t translate into an on-court success. He was the 1st round first overall pick in the 1995 draft by the Warriors but couldn’t really make it big in his career. However, he did manage to bag over $61 million in career salary.
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Recently, he has been in the news for reasons outside of his NBA legacy. During a recent conversation with DJVlad, Smith talked about being broke and going into debt following his retirement. He said that he has lost a lot of money in real estate and expensive cars but his divorce was the breaking point. The 48-year-old said, “That’s what really cost me. The divorce.” Smith said that most of his retirement money went into the divorce settlements. He said he lost close to $3 million during the divorce, and was left with little money after the dust settled.
The NBA veteran also revealed that he was $157k in debt after everything was over.
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Joe Smith’s wife’s OnlyFans drama
About three weeks ago, a clip of the NBA veteran went viral where he was seen in a heated argument with his wife. Smith had just discovered that she had an OnlyFans account, and he was in a disagreement with her. While the clip made rounds on the internet for weeks to follow, the 48-year-old said that it was very exhausting for him to deal with it.
After the incident, although the two made media appearances, his wife said that she was clueless about his whereabouts for the next few days.
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Caroline Joseph