Nonsense Bills. White folks in suits wouldnt steal from them like that.
NBA offseason 2016-2017...NBA offseason best in sports....This offseason is lit to the 3rd degree!!
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Nonsense Bills. White folks in suits wouldnt steal from them like that.
No he wasn't. He met these dudes at an NFL sanctioned event. They had an NFL cosign that they were legit and trustworthy financial advisor's
if you know nothing about something and your employer says that these dudes are legit and can help you manage your money...
Yea he said "homeboy" stuff like what? These cats are dealing with white cats who steal all of their money
Bruh Im still doing my own research when we are talking about millions of dollars. Plus, you NEVER give ANYONE POA over your affairs... shit, my damn wife cant make certain financial moves without my signature too...
Portis, now 35, says he was set out to find and deal with the men that had led him into bad investments, including sinking $1 million into an Alabama casino, and an investment with Success Trade Securities, which turned about to be a Ponzi scheme.
He didn't get involved in no ponzi schemes?
He flaunted his various houses (how many? “A lot,” he says) on MTV and on the NFL Network, leading cameras past waterfalls, tanks of exotic fish, stripper poles, rows of designer suits and an armada of cars with gargantuan rims. As Portis’s fortune grew, so seemingly did its gravity, pulling more properties, luxuries and hangers-on into his orbit. Former teammates and friends in the league, even those of comparable means, dared not try to keep pace. “Portis was on a different level,” says former Washington teammate Santana Moss, who himself once owned 11 vehicles. “He didn’t think about tomorrow.”
“They come impressive,” Portis says. “The complication begins because you don’t understand it. You don’t know what they’re saying, but you just get involved.”
Just because some Cacs took his money doesn't mean you should be scared to invest.
Like he said....he got impressed because they were in suits and clean cut and they got over on him.
EXACTLY. Portis fucked up trusting these dudes. You don't take the word of the NFL....them grimey fucks?
Bills you know I fucks with you heavy but I wouldn't want my father playing with my career like that is all I'm saying. I think it's selfish as fuck to take the focus off his sons game by his Little league parent tactics. At the very least you have to understand that part.
You think so? I don't cause he can shoot. If you a big and have a nice touch you can play for a long time.
You are a business owner correct? You are someone who is spending x amount of hours reviewing financial information and learning about that correct? You are not someone who is supposed to spend every waking moment dedicated to football and the minute you don't dedicate every waking moment to it (Ricky Williams and now Kap) your ability to even earn money doing the thing you're talented at is questioned right?
On top of terms like power of attorney...where are they taught what a power of attorney is? Where are they even taught there is a such thing as a power of attorney?
We've got to look at all the factors. All of them. Sure do your own research I agree, and also your employer should be held accountable for recommending a swindler to you because they paid for access to you to gain your trust and money.
And also it's never out the gate.
It's never here let's do this.
It's always something small with a nice return to gain trust. And then comes the big con to get them to lose their money. And once again and for all sanctioned by the league.
Harden making 500K + per game.
I picked the wrong career.
Cant be a ball player, maybe shouldve been a agent.
Curry had the biggest contract, Harden basically topped him; over 40 for most of it and almost 50 in that final year. Wonder what LBJ gonna get?
I picked the wrong career.
Cant be a ball player, maybe shouldve been a agent.
Curry had the biggest contract, Harden basically topped him; over 40 for most of it and almost 50 in that final year. Wonder what LBJ gonna get?
Holy shit....
They just trying to one up the dubs
Since the chef got his bread, the beard got his today...
I wonder what this convo gonna be like
They just trying to one up the dubs
Since the chef got his bread, the beard got his today...
I wonder what this convo gonna be like
I feel you, but these Dudes, arent spending every minute of every day doing football related activities. To say being football player limits their ability to have an eye on their affairs is just not true.
Yep, I own 2 businesses, and I do have financial.advisors, but their responsibility is to advise not control my money.
Even if they present something and I agree to it my wife and I are the only ones signing off on shit. My advisors have no decision making authority whatsoever and if there is a deal that doesnt meet my availability timeline then the deal just doesnt get done.
These athletes, black and white, have the time to do whatever they want to. They just choose not to educate themselve is all...
In a nutshell...Bills you know I fucks with you heavy but I wouldn't want my father playing with my career like that is all I'm saying. I think it's selfish as fuck to take the focus off his sons game by his Little league parent tactics. At the very least you have to understand that part.
Shit man......LEbron can get whatever he wants at this point.....it seems like whoever is last to sign will be the highest paid where its going.
Yo that shit is beyond words lmaoo
how did he meet these dudes?
Cavs owner Dan Gilbert is failing to prove his worth to LeBron
Free agency rolled along on Thursday, withKelly Olynyk taking his talents to South Beach, the Knicks proving they don’t need Phil Jackson to make head-scratching contract offers and the Clippers luring Europe’s Magic Johnson to Los Angeles.
Cleveland? All quiet on the Midwestern front.
Even if the Cavaliers had a stable, fully functioning front office supported by an owner committed to sinking resources into the operation responsible for fine-tuning a three-time Eastern Conference champ, their options are limited. Cleveland’s free spending the last few summers has obliterated any salary-cap flexibility, and it’s near impossible to persuade any free agent of note to take the taxpayer mid-level exception ($5.2 million) or the veteran’s minimum when there is potentially more money out there. That’s why signing Jose Calderon, re-signing Kyle Korverand reportedly negotiating with Turkish forward Cedi Osman can be considered a decent haul.
And yet, you can’t help but feel like this could be the first sign of an empire crumbling. The Cavs whiffed on Paul George, LeBron James has gone radio silent and Dan Gilbert continues to treat key front-office positions like a luxury. Allowing GM David Griffin to walk was a mistake, one compounded byGilbert’s unwillingness to pay Chauncey Billups the market rate to replace him or give him full autonomy within the organization. Or both.
Understand: Cleveland’s isn’t a plum executive job anyway. The possibility (likelihood?) of James walking after next season has cast a shadow over the franchise. Any incoming GM anywhere would want the opportunity to mold a team into a contender. It’s why gigs in Orlando and Atlanta have appeal. The Cavs’ job is viewed as more caretaker-ish, with cap restrictions limiting all but cosmetic changes and the team’s future held hostage by James’ next decision.
Chauncey Billups passed on running the Cavs. (AP)
Gilbert hasn’t made it any more appealing. Griffin is enormously popular among his peers, and that he wasn’t rewarded for three straight trips to the Finals – and the first championship in franchise history – was met by widespread astonishment. “Put that success on paper and it’s worth a five-year, $25 million contract,” a high-ranking rival team executive told The Vertical. “You win, you get paid. [Gilbert] doesn’t get that.”
It’s puzzling that money would ever be an issue in Cleveland. Yes, the Cavs are heavy taxpayers; the Korver signing will push Cleveland’s luxury tax payments to $42.7 million next season, a stiff bill even for the richest of owners. But NBA owners are rich. Television billions have infused teams with unprecedented revenues, making ownership of a profitable franchise idiot-proof. In 2005, Gilbert bought the Cavs for $375 million. Today’s valuation, per Forbes: $1.2 billion.
So why isn’t Gilbert dangling $6 million offers in front of the best young minds in basketball? Why did he refuse to give Billups whatever it took to come aboard? A counterargument is that Billups hasn’t earned it. He’s three years removed from his last NBA season and his post-playing résumé includes a TV gig and a spot in Ice Cube’s Big3.
But that’s shortsighted. Billups is considered a budding talent; there’s literally no NBA job for which he wouldn’t be considered. Teams have expressed interest in luring him into coaching and at least two franchises – Cleveland and Atlanta – have discussed prominent front-office gigs. Besides, Billups is savvy enough to know what he doesn’t know. He would have fleshed out his staff with an experienced GM – Justin Zanik, recently squeezed out of Milwaukee, would have made sense – and run a fully functional operation.
(This isn’t a slight on Cavs acting GM Koby Altman, either. Altman’s respected in NBA circles and a rising exec in his own right. But Altman is a few years removed from an assistant coaching gig at Columbia and has limited front-office experience.)
Besides: In Cleveland, optics matter. Even if a GM’s options are limited, Cleveland needs to show stability. Who knows what James is thinking? More importantly, who knows whom he is talking to? Miami’s “Super Friends” came together after years of behind-the-scenes plotting by James, Dwyane Wade and Chris Bosh; the Warriors spent a full season lobbying Kevin Durant. James is one of the NBA’s most intelligent players. Do we really believe he isn’t already thinking about his next move?
Installing an experienced exec sends a strong message. And right now, that’s one of the few chips the Cavs can play. The Kevin Love market is limited and Cleveland isn’t trading Kyrie Irving. All the Cavs can do is show James they are prepared for what comes next. All they can do is show him that money – on the roster or the GM’s office – will be no object.
Free agency rolled along on Thursday, withKelly Olynyk taking his talents to South Beach, the Knicks proving they don’t need Phil Jackson to make head-scratching contract offers and the Clippers luring Europe’s Magic Johnson to Los Angeles.
Cleveland? All quiet on the Midwestern front.
Even if the Cavaliers had a stable, fully functioning front office supported by an owner committed to sinking resources into the operation responsible for fine-tuning a three-time Eastern Conference champ, their options are limited. Cleveland’s free spending the last few summers has obliterated any salary-cap flexibility, and it’s near impossible to persuade any free agent of note to take the taxpayer mid-level exception ($5.2 million) or the veteran’s minimum when there is potentially more money out there. That’s why signing Jose Calderon, re-signing Kyle Korverand reportedly negotiating with Turkish forward Cedi Osman can be considered a decent haul.
And yet, you can’t help but feel like this could be the first sign of an empire crumbling. The Cavs whiffed on Paul George, LeBron James has gone radio silent and Dan Gilbert continues to treat key front-office positions like a luxury. Allowing GM David Griffin to walk was a mistake, one compounded byGilbert’s unwillingness to pay Chauncey Billups the market rate to replace him or give him full autonomy within the organization. Or both.
Understand: Cleveland’s isn’t a plum executive job anyway. The possibility (likelihood?) of James walking after next season has cast a shadow over the franchise. Any incoming GM anywhere would want the opportunity to mold a team into a contender. It’s why gigs in Orlando and Atlanta have appeal. The Cavs’ job is viewed as more caretaker-ish, with cap restrictions limiting all but cosmetic changes and the team’s future held hostage by James’ next decision.
Chauncey Billups passed on running the Cavs. (AP)
Gilbert hasn’t made it any more appealing. Griffin is enormously popular among his peers, and that he wasn’t rewarded for three straight trips to the Finals – and the first championship in franchise history – was met by widespread astonishment. “Put that success on paper and it’s worth a five-year, $25 million contract,” a high-ranking rival team executive told The Vertical. “You win, you get paid. [Gilbert] doesn’t get that.”
It’s puzzling that money would ever be an issue in Cleveland. Yes, the Cavs are heavy taxpayers; the Korver signing will push Cleveland’s luxury tax payments to $42.7 million next season, a stiff bill even for the richest of owners. But NBA owners are rich. Television billions have infused teams with unprecedented revenues, making ownership of a profitable franchise idiot-proof. In 2005, Gilbert bought the Cavs for $375 million. Today’s valuation, per Forbes: $1.2 billion.
So why isn’t Gilbert dangling $6 million offers in front of the best young minds in basketball? Why did he refuse to give Billups whatever it took to come aboard? A counterargument is that Billups hasn’t earned it. He’s three years removed from his last NBA season and his post-playing résumé includes a TV gig and a spot in Ice Cube’s Big3.
But that’s shortsighted. Billups is considered a budding talent; there’s literally no NBA job for which he wouldn’t be considered. Teams have expressed interest in luring him into coaching and at least two franchises – Cleveland and Atlanta – have discussed prominent front-office gigs. Besides, Billups is savvy enough to know what he doesn’t know. He would have fleshed out his staff with an experienced GM – Justin Zanik, recently squeezed out of Milwaukee, would have made sense – and run a fully functional operation.
(This isn’t a slight on Cavs acting GM Koby Altman, either. Altman’s respected in NBA circles and a rising exec in his own right. But Altman is a few years removed from an assistant coaching gig at Columbia and has limited front-office experience.)
Besides: In Cleveland, optics matter. Even if a GM’s options are limited, Cleveland needs to show stability. Who knows what James is thinking? More importantly, who knows whom he is talking to? Miami’s “Super Friends” came together after years of behind-the-scenes plotting by James, Dwyane Wade and Chris Bosh; the Warriors spent a full season lobbying Kevin Durant. James is one of the NBA’s most intelligent players. Do we really believe he isn’t already thinking about his next move?
Installing an experienced exec sends a strong message. And right now, that’s one of the few chips the Cavs can play. The Kevin Love market is limited and Cleveland isn’t trading Kyrie Irving. All the Cavs can do is show James they are prepared for what comes next. All they can do is show him that money – on the roster or the GM’s office – will be no object.
Cavs owner Dan Gilbert is failing to prove his worth to LeBron
Free agency rolled along on Thursday, withKelly Olynyk taking his talents to South Beach, the Knicks proving they don’t need Phil Jackson to make head-scratching contract offers and the Clippers luring Europe’s Magic Johnson to Los Angeles.
Cleveland? All quiet on the Midwestern front.
Even if the Cavaliers had a stable, fully functioning front office supported by an owner committed to sinking resources into the operation responsible for fine-tuning a three-time Eastern Conference champ, their options are limited. Cleveland’s free spending the last few summers has obliterated any salary-cap flexibility, and it’s near impossible to persuade any free agent of note to take the taxpayer mid-level exception ($5.2 million) or the veteran’s minimum when there is potentially more money out there. That’s why signing Jose Calderon, re-signing Kyle Korverand reportedly negotiating with Turkish forward Cedi Osman can be considered a decent haul.
And yet, you can’t help but feel like this could be the first sign of an empire crumbling. The Cavs whiffed on Paul George, LeBron James has gone radio silent and Dan Gilbert continues to treat key front-office positions like a luxury. Allowing GM David Griffin to walk was a mistake, one compounded byGilbert’s unwillingness to pay Chauncey Billups the market rate to replace him or give him full autonomy within the organization. Or both.
Understand: Cleveland’s isn’t a plum executive job anyway. The possibility (likelihood?) of James walking after next season has cast a shadow over the franchise. Any incoming GM anywhere would want the opportunity to mold a team into a contender. It’s why gigs in Orlando and Atlanta have appeal. The Cavs’ job is viewed as more caretaker-ish, with cap restrictions limiting all but cosmetic changes and the team’s future held hostage by James’ next decision.
Chauncey Billups passed on running the Cavs. (AP)
Gilbert hasn’t made it any more appealing. Griffin is enormously popular among his peers, and that he wasn’t rewarded for three straight trips to the Finals – and the first championship in franchise history – was met by widespread astonishment. “Put that success on paper and it’s worth a five-year, $25 million contract,” a high-ranking rival team executive told The Vertical. “You win, you get paid. [Gilbert] doesn’t get that.”
It’s puzzling that money would ever be an issue in Cleveland. Yes, the Cavs are heavy taxpayers; the Korver signing will push Cleveland’s luxury tax payments to $42.7 million next season, a stiff bill even for the richest of owners. But NBA owners are rich. Television billions have infused teams with unprecedented revenues, making ownership of a profitable franchise idiot-proof. In 2005, Gilbert bought the Cavs for $375 million. Today’s valuation, per Forbes: $1.2 billion.
So why isn’t Gilbert dangling $6 million offers in front of the best young minds in basketball? Why did he refuse to give Billups whatever it took to come aboard? A counterargument is that Billups hasn’t earned it. He’s three years removed from his last NBA season and his post-playing résumé includes a TV gig and a spot in Ice Cube’s Big3.
But that’s shortsighted. Billups is considered a budding talent; there’s literally no NBA job for which he wouldn’t be considered. Teams have expressed interest in luring him into coaching and at least two franchises – Cleveland and Atlanta – have discussed prominent front-office gigs. Besides, Billups is savvy enough to know what he doesn’t know. He would have fleshed out his staff with an experienced GM – Justin Zanik, recently squeezed out of Milwaukee, would have made sense – and run a fully functional operation.
(This isn’t a slight on Cavs acting GM Koby Altman, either. Altman’s respected in NBA circles and a rising exec in his own right. But Altman is a few years removed from an assistant coaching gig at Columbia and has limited front-office experience.)
Besides: In Cleveland, optics matter. Even if a GM’s options are limited, Cleveland needs to show stability. Who knows what James is thinking? More importantly, who knows whom he is talking to? Miami’s “Super Friends” came together after years of behind-the-scenes plotting by James, Dwyane Wade and Chris Bosh; the Warriors spent a full season lobbying Kevin Durant. James is one of the NBA’s most intelligent players. Do we really believe he isn’t already thinking about his next move?
Installing an experienced exec sends a strong message. And right now, that’s one of the few chips the Cavs can play. The Kevin Love market is limited and Cleveland isn’t trading Kyrie Irving. All the Cavs can do is show James they are prepared for what comes next. All they can do is show him that money – on the roster or the GM’s office – will be no object.
It's over..
Btw Crawford just signed with the T Wolves
Bills you know I fucks with you heavy but I wouldn't want my father playing with my career like that is all I'm saying. I think it's selfish as fuck to take the focus off his sons game by his Little league parent tactics. At the very least you have to understand that part.
My thing is, it's not my style at all. I'm not that style and my dad wasn't that style however I know everybody ain't the same and if it works for their family then i support it because the reason they're attacking him isn't because of the pure reasons you don't like what he's doing
if it came from your place i could side with it.
that's not where this cac rhetoric they're dishing out is coming from.
Wow. Odd he wouldnt go to a contender tho.
2 yrs 8.9 Mill
Look beat I went to Miami already to see dude get his ring....spend a week in LA...so if you go there I'm update my bandwagon verification with a huge
I'm saying that in your field it translates. In theirs it doesn't that's all I'm saying
they don't know power of attorney
like you don't know horns split cut feel me?
but when your league who is supposed to look out for you is providing swindlers.. i don't know what you can do. everybody isn't incredibly blessed to be surrounded by good people.
like i hear people say that all the time.. he needs the right people around him
yea where is he going to meet those people coming from where he comes from?
and like i said take clinton portis for example he tried to get around the right kind of people whom the nfl introduced him to and now he's broke
Thats what I think Lebron is focused on. If the money can be made in Cleveland, then thats where he'll be. This idea that Lebron is chasing titles or some big market is crazy, imho. He chased titles when he first left the Cavs and went to Miami. He got three since then. Lebron is the market, he dont need LA, NY etc.
Folks are talking about him being silent. When he does talk, he's talking too much and tryna do the GM's job. When he doesnt talk, he's preparing to leave the Cavs. Cant win with these mofos! LoL. When he has shown his face. dude has been nothing but smiles. Even after he lost to GS. Sooooo........
Article said the NFL recommended them.
The same people that have a history of shady dealings and not giving a fuck about their employees.
It doesnt translate because they dont put in the effort for it to. While I understand your point, after shows like Broke and the public occurences of this type of thing happening, a player has to be a straight up idiot to get done like this.
Dude the NFL instituted contracts which arent worth the paper they are written on?!??!!Article said the NFL recommended them.
Dude the NFL instituted contracts which arent worth the paper they are written on?!??!!
Niggas will sign a 120 million dollar contract and at BEST 50-70 million of will be guaranteed.
In the most dangerous sport in America which also happens to be the most profitable......yet, they have the worst salary cap/contracts in all of sports.
Never trust nobody your employer references you to. They your homeboy not mines.
Especially CACs... everybody has a hand in each others pockets man
Especially CACs... everybody has a hand in each others pockets man
Dudes gotta lose 50 million in order to understand something they should've known from jump.......
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