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Tuesday, March 20th, 2012 at 10:15 am  |  42 responses

Dwyane Wade Saddened that Antoine Walker Sold Title Ring


Dwyane Wade reacted to the news that Antoine Walker was forced to sell off the Championship ring they won together back in 2006. Wade lamented the whole thing, but understood that Walker had little other choice in the matter. From Fox Sports: “I think it’s worth more than that, personally,’ Wade said. ‘I know how hard we worked for that ring and how much it means to all of us. It’s very unfortunate,’ said Wade, who read the news Monday about the sale. ‘But (Walker) has to do what he has to do for his family. I know how much that ring means to him and I know how hard he worked for that. And it’s really unfortunate that he’s in that situation. But, at the same time, you got to do what you got to do to get where you can get back to. Hopefully, everything he’s doing, he’s able to recoup and get his way back.’ [...] Udonis Haslem at least believes what Walker has gone through could serve as a warning to other NBA players. ‘It’s unfortunate,’ Haslem said. ‘Antoine is a friend of mine, and I hate to hear stuff like that. You also can learn something from it. You can look at it and realize that this life (as an NBA player) doesn’t last forever, this lifestyle is not going to last forever. And, at the end of the day, we’re going to have to all retire one day and hopefully live off the finances we’ve been able to save. (Walker’s situation is) sad, but you also try to learn from it.’”

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  • Luke

    I wonder if any of the refs have sold their rings from that series?

  • Mo

    Walker had too many failed business joints and put himself in that kind of situation. its shocking to hear NBA players going broke. Allen Iverson managed to actually have a REAL financial advisor, he has millions put away, ppl gotta learn from this

  • J.C.

    ^Zing!

  • c.a.

    Just to save 100 comments on the same topic: “Did he sell it to Lebron/Iverson/Barkley/Ewing/Frodo/Kwame Brown/Lebrons Mum/Karl Malone/Kobe Bryant/Shaq/Bill Russell (just to stay another one ahead)”

  • FnF

    What Haslem and Wade are trying to say is, “I know how hard he worked for it and how much it means to him. Like, to be honest, I could have bought it for him or at least got people in the organization to pitch in so he wouldn’t have to sell something so valuable and meaningful for less than a 1-game check. But I didn’t, oh well. As of right now that is a piece of the ONLY championship this franchise has. Since we plan to win not 1, not 2, not 3, not 4, more rings, each July that passes, Toine’s ring will mean less and less to us anyway.”

  • Paul H

    Dwayne must be the only one. Fu*k him.

  • AD

    give him some money then dwade… wtf??

  • Captain

    ^Because Toine has a fantastic track record and is sure to use that money wisely.

  • J

    Very sad! Walker had alot to do with that Championship, he played his heart out! The buyer of the ring should sell it to Wade so that Walker can buy it back some day. His children should own that ring in the future, not a stranger. “NBA CARES” ? Prove it!

  • http://www.twitter.com_dfrance dfrance21

    Why should DWade give him money? Wade is not the reason that he’s broke I’m sure selling the ring is not the last move he needed to make to get back on his feet. They would have bought it back for him, and then he would have ended up selling it later. Maybe I’m in the minority, but I have little sympathy for a guy who has made millions of dollars and squandered it all away. Especially with the way Walker did, losing a lot of it in the casino.

  • Tempest

    Walker’s a dumbass for goin broke

  • Paul H

    CoSign DFrance, it drives me crazy when we are asked to pretend sympathy for some idiotic moron who squandered millions he was gifted by his ability to play SPORT. I liked ‘Toine as a player but get that tiny violin out of my face.

  • Da-Meat-Hook

    He had a gambling addiction!!! What would DWade and Haslem giving him money do for him in the long run?! He’s a grown man who has to live/learn from the mistakes he made. Some of y’all just don’t get it, if you have a loved one who is addicted to drugs, do you give them money just because you have it?

    Addictions are a VERY serious issue, I remember Charles Barkley turned his brother in to the cops because his little brother pawned his golf clubs for drug money.

  • Paul H

    Yeah they are serious issues for regular people as well. I’m sorry he had a problem but I’ll reserve my real sympathy for people who really deserve It, not some guy who Sp*nked 10′s of millions round casinos. Woe-Is-Me sport star stories really grind my gears sometimes.

  • http://theurbangriot.com The NUPE

    It’s sad when anyone loses all their money. I don’t care who you are. I’m not sure he lost it from gambling or from bad business deals – but either way it sucks. Gambling addiction is an addiction like any other and not something to call someone a moron about (or any other such statement). If he lost it on bad business deals or investments (which millions of Americans have done) then it’s still an unfortunate scenario. Bottom line, this is a sad story. It must be hard to ‘have to’ sell your championship ring, go bankrupt, and have it be all so public.

  • Bawse

    This is sad b.c if D Wade truly cared he could have reached out to get the ring back for dude. None of those dudes are really friends. I am all for self responsibility but 30K is nothing to these guys to pitch in. Lesson to NBA players dont go broke and dont think for a second these other players are really your friends. Invest in outside successful friends b.c the players will watch you burn.

  • Da-Meat-Hook

    Paul H, I complete agree that they are serious issues for regular people, which is why I struggle to find sympathy. What upset me was that people expect guys like Haslem, a guy who will never see 1/2 of the money that Walker has blown, to give Walker money just because Haslem has it. Boggles my mind!

  • http://slamonline.com The Philosopher

    Damn.

  • T-Money

    co sign da-meat-hook, it’s never that simple. you just don’t give money out to someone who suffers from an addiction (and why does it have to be d-wade anyway?). antoine has to get a good financial adviser and come up with a plan and stick to that plan. a quick 50 Gs wired by wade will only send him back to vegas or atlantic city. i remember a couple of years ago there was a story about chris rock’s older brother dying alone in the streets of jersey i believe, a life-long crack head. severe addiction is one of the few instances where money doesn’t help at all, it enables.

  • Red Star

    It would be nice if the NBA would educate their players to stop this from happening! I don’t hear about this in hockey or baseball so much but basketball smh. This isn’t about race or where you grew up, it’s about education. The NBA needs to do a better job educating their players of the consequences of gambling, living beyond your means, having a 50 man entourage and so on and so forth.

  • T-Money

    sympathy is not the issue, what you need to have is empathy. i’m always uncomfortable when people seem almost delighted to talk bad about someone that lost it all. we’d all like to think that there is no way we could blow 100 Ms but the reality is that the vast majority of us will never know. and we also need to stop acting like only athletes go broke, a lot of regular professionals are in the red. if you make 300k, will you have the discipline to not overspend on a townhouse, a cottage + 2 luxury cars? because you will get credit approved for all of that but will barely be able to make payments.

  • RunNGun

    D-WAD3 should buy it back from the guy and give it to ‘Toine.

  • Drig

    So DWade should bail out Tonie? No way. He had the cash. He lost it. And the express has passed away for him. Esp. when he had many a chance to correct it.

  • dma

    who would actually buy an NBA championship ring? that’s like some porn star buying someone’s Oscar. you know you didn’t earn it!!

  • jay

    The only difference at all between Walker and Iverson is that Iverson took the 5 seconds to sign a document or two. Walker sleeps on a mattress on the floor in a $900/month apartment that he shares. Iverson lives off of $1 million a year in interest. He’ll have the equivalent of an NBA salary coming to him for decades to come.

  • TripleDouble

    I haven’t read all the comments above because, it’s not the most interesting topic, BUT, someone (like Wade?) should buy it and give it back to him in a couple years once the IRS are off his ass.

  • AD

    dwade has enough mone to feed the homeless in chicago, 1 million to walker is nothing…

  • bike

    ‘toine should have call J.G. Wentworth;

    I have pissed away my millions and I need cash now

    Call J.G. Wentworth!

    877 CASH NOW

  • fdred

    Do you know what kind of conscious decision you have to make to blow that kind of money!? There are people who make 60k and live extremely comfortably. How do you go so broke after making millions for years!

  • Roberto

    I know he didn’t do as much or wasnt as a star as Antoine Walker was, but ex-Bull Randy Brown had to auction off his 3 championship rings because he filed for bankruptcy in 2009.

    http://blogs.suntimes.com/sportsprose/2009/04/bulls_guard_randy_brown_championship_ring_auction.html

  • FnF

    For months now I’ve been mulling the meaning of that 2 chainz lyric, “When I was in school… money wasn’t a subject.” When exactly are these players to learn how to manage money? If the first meaningful check in your life was $25K and all of your financial memories are of your parents never having money to do anything they wanted without a steep sacrifice, you’re financial principles are skewed. You go from having nothing to what seems like an endless supply. Also, by the time you realize that you’re an addict to something, it is too late. Who walks into a casino for the first time and admits they are addicted to gambling? Wade & Haslem COULD help him. Not all help has to be legal tender used to settle both private and public debts.

  • kantankruz

    Hey D Wade, just buy the ring back for him. Simple.

  • G9

    You people are ignorant. It will mean less to us, God I hope Miami never wins another title. With stupid fans like that guy above you don’t deserve it.

    The first title always means the most and the journey those 12 guys took to win that title will always mean a lot to me and I bet to Wade too.

  • IamYOU

    I agree with dfrance21 took the words out of my mouth.

  • FnF

    @G9, I’m sorry for not using my sarcastic font.

  • Dingo Rob

    However he lost the money selling the ring might help put the past behind and focus on the next stage of his life. No way Wade should buy, it’s none of his business

  • Mooney10

    Stupid, I am sure when he was growing upl and didn’t have money he knew how to appreciate the value of a dollar, these millionaire athletes that every kid wants to be are a disgrace. Ballin hard spending money like it doesn’t mean anything, funny how quick they forget that a lot of people in their own cities aren’t eating tonight and still tryin to watch them play, the ones who love their team but cna never afford to go the arena and watch em, easy to forget those people. I don’t care who you are, I am worth millions, you’re my teammate and I hear you are gonna lose your ring, I am buying it, and I’ll give it to you. smae with MJ not biddin high enough for his ex-teammate’s ring, how chepa are you guys? the ring was 20 g’s DWADE’s watch is worth more…pathetic

  • That Dude

    How many of us would of known how to plan our financial future at 18-19 yrs old? Going from nothing to millions with everyone around you living it up, you can see how it happens.

  • http://www.femalegamblers.info Marilyn Lancelot

    Sure, everyone loves to gamble . . . if they win. But, the person sitting next to you in church, the man in line at the grocery store, or one of your co-workers; any one of these could be involved with a gambling problem. Imagine your grandmother committing a crime to support her gambling addiction. I am a recovering alcoholic, gambler, and have recovered from other addictive behaviors. I published a book, Gripped by Gambling, where the readers can follow the destructive path of the compulsive gambler, a prison sentence, and then on to the recovery road.

    I recently published a second book, Switching Addictions, describing additional issues that confront the recovering addict. If a person who has an addictive personality, doesn’t admit to at least two addictions, he’s not being honest. Until the underlying issues have been resolved, the person will continue to switch addictions. These are two books you might consider adding to your library. I also publish a free online newsletter, Women Helping Women, which has been on-line for more than twelve years and is read by hundreds of women (and men) from around the world. (www.femalegamblers.info). I have been interviewed many times, and appeared on the 60 Minutes show in January 2011, which was moderated by Leslie Stahl.

    Sincerely,

    Marilyn Lancelot

  • Hydros

    Lebron shoulda bought it just so he could finally have one.

  • Quentin Fisher

    I think it’s extremely sad to see someone with a ton of basketball potential come to this. The public mindset on economics during his peak was different, most people in the 90s and early 2000s were not worried about their finances, unless you were already in financial trouble. Lottery winners have gone bankrupt, it can handle to anyone, even you “fiancial experts” commenting, it’s pretty messed up of people to be so jaded. This guy isn’t asking for a handout or anything to my knowledge at least respect him for that. What’s worse than losing millions of dollars, a fiancé, and your championship ring? Being a person would could find joy in seeing someone hit rock bottom…

  • Bobby

    Well maybe he shouldnt have spent it all on bling bling, chrome wheels and Sean John clothing

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