Antoine Walker Attributes Gambling, Bad Real Estate, And More To His $110 Million Loss

Tweet

 

ESPN’s documentary titled “Broke,” highlights the financial failure of professional athletes who once acquired millions of dollars in their athletic career. In a recent filming of the documentary, former NBA superstar Antoine Walker discussed how he spent $110 million over a course of 14 years. Walker attributed bad real estate deals, gambling debts, and frivolous spending to his demise.

“Personally, I was involved in a lot of real estate projects with the banks where I was the personal guarantor of the loans,” Walker told ESPN. “And when the recession hit back in 2007 and 2008, the banks went really hard after the money. There’s probably like 7 to eight banks that we had loans with. And it kind of hit me all at once. I had to pay back the money.” In addition to the aforementioned causes of his demise, Walker was twice the victim of armed robbery in his hometown in Chicago.

Read More At Black Like Moi