Once Robbed of $600,000, 9x All-Star Dominique Wilkins Opens Up About NBA?s Financial Safety Measures

It’s a well-known fact that the NBA stars are some of the highest paid athletes in the world. Majority of them however come from humble beginnings and are directly thrown into the money-crazed world.

The average NBA player makes a massive $9 million every calendar year. One might wonder how does a basketball star manages his money. A certain NBA legend touched on the subject.

NBA Legend on how NBA helps the young NBA stars

Dominique Wilkins is one of the absolute best players of the 20th century. He was a menace of an offensive asset for the Atlanta Hawks. He was spotted in a conversation with VladTV talking about everything basketball. He was asked an interesting question on how does the league helps the young stars with their finances. He gave his take on the matter.

Wilkins said, “I think that the NBA has done a fabulous job of putting educational tools in place and opportunities to regulate the agents and to also give them financial tools that they can invest in their lives now ultimately it’s up to that individual. You know, what do you want to do? Because the NBA can’t control that. Your financial advisors and you know your closest family wants to see you prosper as the years go on.” Dominique also revealed in that interview that his former agent stole a massive $600,000 from him in the past.

Wilkins made it clear that the NBA has systems in place in order to educate the stars on money. Ultimately its on the athletes on how they decide to spend their money. The main accountability always lies on the hands of the young basketball stars and they should be careful with their money.

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However, the NBA pot keeps on increasing by the day as it was reported that Jaylen Brown signed a massive contract recently.

Jaylen Brown’s biggest contract

The NBA keeps on getting crazier by the day. It was reported that Jaylen Brown signed a massive $300 million contract with the Boston Celtics recently. Seems like the NBA stars are set to get richer by the day.

With Jaylen Brown signing a massive contract Jayson Tatum is also all set to receive a mammoth contract in Boston.

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It’ll be interesting to witness the size of the purse of NBA players receive in the future.