They get a bad rap. Guys like Latrell Sprewell proclaiming, "I've got a family to feed," in declining a 3 year, $21 million contract.. Miami Heat's Gary Payton isn't sure how many Bentley's he owns. "I've got four of five of them," he says. I say that about how many clean pairs of undies I've got when deciding whether or not to do laundry. Conversely, I know exactly how many Bentleys I've got.
My personal favorite. Patrick Ewing as President of the Player's Association during contract negotiations, "Sure NBA players make a lot of money, but we spend a lot too."
So, this was something different. This month's Sports Illustrated had an article on Toronto Raptors' Forward, Matt Bonner. No, he's not a superstar. He can rest assured that he will never have to worry his chances of making the Hall of Fame. But that's not very important these days. He is 6'10" and not clumsy. That's worth a $4 million, two year contract.
So, what does a guy like that do? Phat sportscar? Sick threads? Pimped out pad? Nah, he lives like us po' personal finance bloggers. He doesn't own a car. Instead, he takes the subway. He lives in a one bedroom apartment, and moved his parents up from a two bedroom condo to a three bedroom house. When he had an itch to upgrade his subway sandwich to "double chicken" he passed. At two bucks, he thought it was a rip-off!
I remember a player's comment during a past NBA strike (1999 I think) that went like this:
"Not all of us are millionaires, I only make $500,000 a year."
I can't remember who came up with that gem, but it has stuck with me.
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