Saturday, October 23rd, 2010 at 12:33 pm  |  19 responses

Rondo Saving Money in Case of Lockout

Not many players are both financially savvy and court savvy. Rajon Rondo could very well be both. From the AP: “Boston Celtics point guard Rajon Rondo says he’s saving his money as if the lockout is going to happen. Reacting to NBA Commissioner David Stern’s comments that he wants player salaries cut by one-third, Rondo said he wants to be prepared. Rondo is the Celtics’ alternate player representative. He says he’s ‘saving a lot of money this year.’”

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  • http://google c_cantrell

    probably a good idea

  • deshawn33

    ..if not for a looming lockout you intended to spend your annual earnings??..not sure that qualifies as “financially savvy”..somebody explained to him he´s not gonna making whatever-mil a year for the rest of his life,right?

  • http://Slamonline.com Bryan Crawford

    He’d better start saving his money for the day when he has to play without KG, Ray Allen, and Paul Perce. Just sayin’…

  • James aka…

    its actually pretty saavy from a collective bargaining point of view as well, since what killed the players last time was the fact that none of them were prepared to live without their salaries (ie kenny anderson). In fact, if rondo is really smart, he’ll do this all his life since spending like you’re going to make 10 mill a year into your 70′s is what bankrupts these guys in the first place after its all done.


    Crazy to think he may be saving millions just in case…

  • ALEX 80

    Cinical pretencious clown!!!!! good player dough

  • http://www.twitter.com/jtrain73 Jono

    It’s called common sense. You’d be surprised how many people lack that. NBA players especially, who are earning all their money in 7-8 years on average. Latrell Spreewell is a sad case, so is Antoine Walker.

  • http://www.need4sheed.com Tarzan Cooper

    cosign deshawn. im sure hes been saving most his money anyhow, but whatever.

  • http://Yahoo.com Eboyhater

    Tell that to bosh who bought a 12 million dollar house

  • http://slamonline.com SpaceJam

    @ EboyHater, Tell that to LeBron who bought a 50 Million dollar estate even with the endorsements that’s rediculous

  • AJ

    i guess if not for the potential lockout he would be living check to check…man these players are funny and ridiculous at the same time…i guess he and other figure they would be playing week into their 50′s…just to think some of us could survive on just one of these checks for the rest of our lives or close to it none the less 4-6 years of X million per…

  • http://www.motherjones.com AndTheJellosJigglin

    Cosign AJ. WOW Upsidedown Headband boy-you so smart!
    This is a story? I thought this was SLAMONLINE not BSPN!

  • Robb

    smart guy

  • http://www.michaelcho.com M Cho

    Rondo with another steal.

  • jonny

    Hey Jono, I agree with you but the actual stat is something absurd like over 75% of NBA and NFL players go bankrupt within 2 years of retirement.

    It sad to hear about those kind of statistics, but what do you expect when you try to support a 10 man entourage, your entire family, drive half a million dollar cars and buy 100 000 dollar jewelery.

    For the superstars like Lebron its easy to live that lifestyle but all the middle and low salaried players who try to imitate that lifestyle are the ones who end up getting screwed. I remember seeing Damon Jones trying to floss like Shaq and Lebron only to nod my head in disapproval at how another dumbass millionaire is living way beyond his means.

    The only person these players should be paying is a certified financial adviser (Not one of their friends). At least the NBA is getting it right by starting to institute wealth management and other types of workshops so these idiot players don’t all end up Sprewelled.

  • http://ohlaglambam.blogspot.com Zabba

    How’s he gonna feed his family if he keeps saving his money?

  • http://www.need4sheed.com Tarzan Cooper

    jonny, its fun to make up stats isnt it? 75% ? wow. dunce.

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  • http://slamonline.com YKnot

    What? I can’t feed my kids on what he makes!~