Kenny Anderson: 14 NBA Seasons, $63 Million, Seven Kids, Bouncing Back from Bankruptcy
1-liner, Athlete spawn, Former Athletes September 25th. 2009, 1:45pmKenny Anderson: Huge Kenny Anderson fan when he was at Georgia Tech and throughout most of his NBA career. Here’s an outstanding read about his seven kids and where he spent most of that $63 million. “The money came in fast, and went out faster. Salaries that peaked at $9.2 million in 2002-03. But also: Houses. Cars. Monthly expenses of $41,000, as claimed in Anderson’s 2005 bankruptcy filing. ‘The thing people don’t understand is, it sounds like a lot of money — 60 million — but there’s Uncle Sam. There’s agent’s fees, financial advisers, houses, allowances for family members who don’t even work.’ Anderson signed his first pro contract with the New Jersey Nets on Nov. 7, 1991: five years, $14.5 million. He had just turned 21. He soon became known around the league as a big spender, someone who liked bling, pretty women and, especially, fancy cars. At one time, he had 10 or 11 of them, he says now. He shakes his head when he says it.” [Washington Post]
73 Responses to “Kenny Anderson: 14 NBA Seasons, $63 Million, Seven Kids, Bouncing Back from Bankruptcy”
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September 25th, 2009 at 1:47 PM
And yet people live annually off of half a month of your monthly expenses Kenny.
September 25th, 2009 at 1:48 PM
Remember when he married that chick from The Real World who cried rape because that one dude pulled a blanket off of her?
I hate myself for remembering that story.
September 25th, 2009 at 1:49 PM
“What people dont understand is, that after taxes and shit I still brought home $30 mil.”
Financial advisers? They apparently didn’t work.
September 25th, 2009 at 1:49 PM
“Wasn’t not funny!”
September 25th, 2009 at 1:50 PM
That sentence sums up the raw, gripping emotion of that show.
September 25th, 2009 at 1:50 PM
Nope. I don’t feel bad for him. Not one iota.
September 25th, 2009 at 1:50 PM
The poster-child for everything that was wrong with the mid-late 90s NBA.
September 25th, 2009 at 1:51 PM
Is The Real World 100% gay now?
/nttawwt
September 25th, 2009 at 1:52 PM
yeah, this story is pretty much a mad lib.
September 25th, 2009 at 1:52 PM
forgot to add this video
http://www.youtube.com/watch?v=IO8dROH3dQk
September 25th, 2009 at 1:53 PM
Real World LA right Clown?
I remember when they traded Kenny to the Raptors. He refused to play in Canada
September 25th, 2009 at 1:53 PM
The Gay guy is always the one that never does anything gay, while the womens all fuck each other while also occasionally fucking guys. And they all have a stupid boyfriend at home who is surprised when he gets cheated on. Best show on TV? Best show on TV.
September 25th, 2009 at 1:54 PM
That male cheerleader is playing for keeps.
September 25th, 2009 at 1:54 PM
The media likes heartwarming stories of athletes overcoming obstacles to succeed, and heart wrenching stories of those same athletes failing after. Can we get a story of someone who hasn’t retired in bankruptcy for a change?
September 25th, 2009 at 1:54 PM
Financial advisers? They apparently didn’t work.
Yeah how do you fuck that job up, your client makes millions a year. “Just put it in the bank Kenny and everything will be fine”
September 25th, 2009 at 1:54 PM
From Wikipedia:
“rom 1994-2001 he was married to The Real World: Los Angeles cast member Tami Akbar Anderson (now known as Tami Roman [8]). Akbar filed for divorce in Christmas 1998 citing Anderson’s infidelity. She successfully challenged the 1995 $5.8 million pre-nup. As a result of the divorce Tami acquired a sizeable portion of his assets (reported to be half) in addition to $8500 monthly child support. Tami had a license plate custom-made to mark her victory with the phrase “HISCASH”
That license plate is cold.
September 25th, 2009 at 1:55 PM
That Tech team beat my favorite childhood Gophers team – Willie Burton, Melvin Newburn, Kevin Lynch, etc
Anderson definitely falls under the “had-to-be-there” category. He was going to be HUGE. Like, Isiah Thomas in his prime huge.
September 25th, 2009 at 1:56 PM
‘The thing people don’t understand is, it sounds like a lot of money — 60 million — but there’s Uncle Sam.
Shut the fuck up. I pay my share to Uncle Sam too. Be a man and take responsibility.
September 25th, 2009 at 1:56 PM
If your rich I can’t imagine getting married. Maybe after 20 years of cohabitation.
September 25th, 2009 at 1:56 PM
If your rich I can’t imagine getting married. Maybe after 20 years of cohabitation.
September 25th, 2009 at 1:56 PM
didn’t that chick also get her jaw wired shut to help her lose weight?
September 25th, 2009 at 1:56 PM
“Maybe 11 cars isn’t a wise investment.”
-A sentence never spoken by his “advisers”.
September 25th, 2009 at 1:56 PM
He took a ripe crap on Georgia Tech, though, back when 1 and done was a serious dick move.
September 25th, 2009 at 1:56 PM
It sounds like a lot of money because it is a lot of money.
September 25th, 2009 at 1:56 PM
Tami had a license plate custom-made to mark her victory with the phrase “HISCASH”
I would have declared bankruptcy right then and there just to spite that bitch
September 25th, 2009 at 1:57 PM
It’s more money than 99.9% of the population will make in their lives, even after taxes.
September 25th, 2009 at 1:57 PM
The poster-child for everything that was wrong with the mid-late 90s NBA.
THE poster child? Latrell Sprewell ring a bell?
September 25th, 2009 at 1:57 PM
its audience is
September 25th, 2009 at 1:57 PM
She should’ve gotten her jaw wired shut for that license plate.
/shows self out
September 25th, 2009 at 1:58 PM
its audience is
Not true. It’s just for the new 17 year olds that never saw the first, oh, 15 seasons. And Bill Simmons. Any my girlfriend… wait a minute…
September 25th, 2009 at 1:59 PM
forgot to add this video
That last second shot was a little late, relative to the game ending buzzer.
September 25th, 2009 at 2:03 PM
“Real n**gas do real things”
/tampa’d
September 25th, 2009 at 2:04 PM
He was there 2 years, and Cremmins knew he was only going to get 2 years from him when he recruited him. Plus, he got Tech to a final four. Marbury was the one that screwed Cremmins over.
September 25th, 2009 at 2:05 PM
jpq- Thats just racist.
September 25th, 2009 at 2:06 PM
Marbury was the one that screwed Cremmins over.
you’re right. I got my GA tech guys confused. My bad. I remember Cremmins getting it high and hard from somebody from NYC.
September 25th, 2009 at 2:07 PM
no, it wasn’t outstanding…can’t believe I wasted my time reading that. I don’t feel sorry for this guy one bit. hopefully, he finally does have things figured out in time to at least help steer his kids down a wise path.
September 25th, 2009 at 2:08 PM
btw- we were screwed on that shot.
September 25th, 2009 at 2:08 PM
He came out of the projects,played a little ball, got to travel the world and is happy now as he discovers himself. All before the age of 40. Good for him.
September 25th, 2009 at 2:08 PM
btw- we were screwed on that shot.
how, because it came after the buzzer, causing your team to lose?
September 25th, 2009 at 2:10 PM
HAHAHAHAHAHAHHAAHHAHAHAHAHAHAAHHHAHAHAHAHAHA
September 25th, 2009 at 2:11 PM
no, it wasn’t outstanding…can’t believe I wasted my time reading that. I
why do guys always read these types of stories with their first reaction being ” I don’t feel sorry for the guy”? I don’t see anywhere in the article where he was asking anyone to feel sorry for him. Actually, from what I see, he seems to be content.
September 25th, 2009 at 2:11 PM
the clock…his foot was over the line…but yeah.
September 25th, 2009 at 2:15 PM
Darrell, because the idea of bankruptcy generally elicits sympathy from other people, who have some basis in financial hardship. When people who squandered millions up on millions use bankruptcy to restructure their debts, it makes people angry, because it’s supposed to be a last resort measure.
So because he’s doing something that would normally make us feel sorry for people, and he wasted all his money at scrip clubs and on his posse, we have the opposite reaction.
September 25th, 2009 at 2:16 PM
I can’t speak for all the other guys that have a reaction similar to mine, but the reason that’s my first reaction is that the tone of many of his quotes in the article make me think he is trying to convey some sense that he was taken advantage of or he’s passing blame for actions/decisions that were completely his own.
I’ll recant if that wasn’t his intention. otherwise, “I don’t feel sorry for this guy.”
September 25th, 2009 at 2:16 PM
And also because in addition to all of the money that this guy wasted, he also wasted a shitload of talent.
September 25th, 2009 at 2:17 PM
jpq- Thats just racist.
I cut and pasted your comment from the other day. How is it racist?
September 25th, 2009 at 2:18 PM
o/t:
twixxer really needs to sell, asap.
September 25th, 2009 at 2:20 PM
Because Tampa is racist.
/science
September 25th, 2009 at 2:25 PM
He came out of the projects,played a little ball, got to travel the world and is happy now as he discovers himself. All before the age of 40. Good for him
wow.
September 25th, 2009 at 2:29 PM
ah, see, that’s the problem. giving allowances to unemployed family members is like buying booze, you feel real good until all you’re left with is an empty bottle
September 25th, 2009 at 2:31 PM
He says he didn’t listen to his advisors, he talks about the bad relationships he got into, sounds like he takes it on himself.
September 25th, 2009 at 2:35 PM
I used to buy weed with my allowance and my dad knew it.
September 25th, 2009 at 2:36 PM
I used to buy weed with my allowance and my dad knew it.
he wasn’t your real dad.
Now that, my friend, is racist.
September 25th, 2009 at 2:39 PM
you’re right Darrell. I’m
feel sorry forback to feeling ambivolent about Kenny Anderson.September 25th, 2009 at 2:44 PM
+1 dirt and miz
/two laughs in a row’d
September 25th, 2009 at 2:44 PM
Miz, you’re originally from Grainger County?
September 25th, 2009 at 2:45 PM
can we get back to what is really important here, that shot. IT SHOULDN’T HAVE COUNTED!!!
September 25th, 2009 at 2:46 PM
he has a hood
ie.September 25th, 2009 at 2:46 PM
not far off in location, but way off in outlook/attitude.
September 25th, 2009 at 2:48 PM
link?
September 25th, 2009 at 2:49 PM
here
September 25th, 2009 at 2:50 PM
Miz and Sparty- when are your NBA previews starting?
September 25th, 2009 at 2:52 PM
irish- they have. Thunder today.
September 25th, 2009 at 2:55 PM
I missed the joke.
/it’s late on Friday
/I’m stupid
September 25th, 2009 at 2:55 PM
already? awesome. thanks
September 25th, 2009 at 2:55 PM
sparty: With all those sales signs, is that a picture of every neighborhood in FL? It should be
/wish I coulda sold in ‘06
September 25th, 2009 at 2:57 PM
it was a neighborhood
September 25th, 2009 at 2:57 PM
irish- they have. Thunder today.
already? awesome. thanks
get a room, you two.
September 25th, 2009 at 2:58 PM
sorry MR MVP
September 25th, 2009 at 2:59 PM
i think we are actually a day or so behind schedule. supposed to be one every business day until opening night.
September 25th, 2009 at 3:01 PM
told you I’m stupid. actually, sprinkle in some palm trees and that could be my hood.
September 25th, 2009 at 3:02 PM
sorry MR MVP
I honest to god don’t know why TBL does that to me. It just makes everybody else hyper aware of how lame most of my comments are.
September 25th, 2009 at 3:05 PM
dirt: let yourself go and enjoy the bromance