- Former NBA star Antoine Walker discusses how his desire to live the same lifestyle as famous rappers.
- Antoine Walker is one of those players who, despite earning more than $100 million during his career.
- Walker has had his ups and downs in life, but he is now back on track as a basketball analyst for FS1.
- He may not be as wealthy as he once was, but he appears to be in good spirits and enjoying his life.
Former NBA star Antoine Walker discusses how his desire to live the same lifestyle as famous rappers back in the day led to him going bankrupt, selling most of his belongings, and losing the majority of his NBA earnings.
Walker desired to be like well-known rappers
Many NBA players have financial difficulties after leaving the league.
Players who are accustomed to having a lot of money throughout their playing days have financial difficulties later since their spending habits remain constant while their income fluctuates dramatically.
Some players are astute enough to launch various businesses while still playing in the NBA, allowing them to have multiple money streams after they retire.
Antoine Walker is one of those players who, despite earning more than $100 million during his career, declared bankruptcy a few years after retiring.
In a recent interview for the “I Am Athlete” podcast, he discussed how he became bankrupt while earning unbelievable sums of money that most people would only dream of.
Walker describes himself as “young, naive, and strongly influenced by hip-hop culture and musicians showing their opulent lifestyles.” Walker aspired to be just like them, which led to financial difficulties.
“It’s a matter of culture, and I like to speak for myself. When I first came out, Jay-Z, Puffy, and the other rappers did exactly what I wanted to do.
You see them with large jewelry, chains, great automobiles, and videos. I’m looking at everything and thinking, “When I acquire it, I’m going to do that.” I had a lot of fetishes when I had a lot of money.
I had a thing with cars. I’d have 8 to 10 automobiles at the same time. I was obsessed with watches.
When I first arrived, Jacob, the jeweler was the man; everyone went to Jacob. I used to buy every new watch that came out. I had 15 to 20 watches on hand at any given moment and couldn’t wear them all.
When he had to sell his mother’s house, he was devastated
Walker desired it all, and he desired to provide for his family, namely his mother. So he built her a $4 million mansion with everything she could ever want.
Even though he had good intentions, all of his spendings eventually caught up with him, and he recalls the lowest point in his life as having to give up the house he had bought for his mother.
“I designed and built my mother’s home from the ground up. I paid $4.1 million for that crib, which was 15.000 square feet with an indoor pool and everything you could desire.
You must make a decision during the bankruptcy process. I owned four houses at the time.
I asked my mother what she wanted to do, and the first time I sobbed was when she said she wanted to sell the house.
That was the lowest time for me because that is something you never want to do.
You never want to see your mother work or go through anything like that, so that was probably the low point.
Walker has had his ups and downs in life, but he is now back on track as a basketball analyst for FS1.
He may not be as wealthy as he once was, but he appears to be in good spirits and enjoying his life, which is the most important thing at the end of the day.
He also encourages younger players to learn from his mistakes in order to avoid repeating them and to be more prudent with their spending.