Where is antoine walker now

Many players have financial advisors that consult them on the best practices when it comes to making smart financial investments. On top of that, Walker was addicted to gambling and made terrible decisions when investing in real estate. I used to go to Las Vegas and gamble. I lost the bulk of my money investing in real estate. In ,, we went through a recession, and I got caught up in that web, which ultimately resulted in me losing a bulk of my wealth.

So you add these three things together that played a huge part in losing most of my finances. Walker is now helping athletes manage their finances by educating them and telling them to learn from the poor decisions he made in the past.

In , he announced he was debt-free and is now working as an NBA analyst on various networks. Search for:. Instead of burying his past under the rug, the NBA champion has made it his life's mission to educate others about financial responsibility.

If you've reached a major financial milestone for yourself or have accumulated wealth in a short amount of time, protect it, Walker said. Don't blow the money that comes with it. Build your team, make sure you preserve it. I really didn't have the word 'no' in my vocabulary. It was something I was not used to saying. Walker laments this purchase and sees it now as losing , dollars almost instantaneously, because the cars value plummeted as soon as he drove it off the lot.

Walker would go out and buy the same model, because why not? The man had over a mil in the bank, and was ready to add to his already extensive car collection. Antoine Walker had to go out in the nicest clothes, and laden in jewelry. Walker estimates that by buying his inner circle mansions, giving them money for personal ventures, and employing an agent to keep the contracts coming, he spent just over 36 million dollars on things that came with zero return.

Just keeping his entourage around cost Walker 8. It got so bad that all three of the previously mentioned establishments reported Walker for writing checks that his bank account could no longer cash.

A sure sign of not awesome money management. It was a presumed smart investment gone horribly awry. Walker had invested over 20 million dollars in real estate. When the market crashed, Walker was forced to pay every penny to the bank. He was forced to repay all of his gambling debts, and even had to sell his championship ring to help pay back debt.