Wednesday, February 23, 2022

Bankrupt..

 


Growing up in Queens, New York, Kenny Anderson was a star on the court from an early age. In a 1994 profile of Anderson, Sports Illustrated reported recruiters went to watch him play when he was in sixth grade.


After 14 years in the NBA, he’d earned just over $63 million. And he enjoyed spending that cash. At one point, he owned 11 cars and spent large amounts of money on champagne, cigars and partying.

“I lived a fast life,” he told The Undefeated in 2019, “and enjoyed every bit of it.”

But with expenses for seven children, child support ate up another huge chunk of his budget. By 2005, he had filed for bankruptcy.

Fortunately, he rebounded with a second career as a basketball coach and is now head coach.

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