Exposing Pro Athletes: “$100 million Is Not A Lot of Money”

35 thoughts on “Exposing Pro Athletes: “$100 million Is Not A Lot of Money””

1. See if your SSN is for sale right now. My sponsor Cloaked will tell you for free in 2 seconds here: https://cloaked.com/spencercornelia

2. I think this video might just be an ad for Spencer Cornelia being a “no” guy.

3. Never lived up to the hype either

4. You dont get it. Its about the principle not making rational decisions. They NEED VALIDATION.

5. I didn’t do the math but on $20 million you could live off $500,000 per year salary very wealthy and invest

6. Not having hundreds of thousands in college debt AND making millions and then having no money is CRAZY 😂

7. 😮

8. This guy hates succeful black people that has more money than him

9. Most people think Rob Gronkowski is a dumbass. He has never spent one dime of any money he earned in the NFL; he invested that money. He lived on the money he made from endorsements. He lived in a modest home and drove the same car for 9 years. He should be giving seminars to these losers.

10. Spencer makes excellent points! I don’t feel sorry for any of these people!

11. Even after taxes for $100M at the low end is $50M. So lets say you buy a house where you live and buy a vacation home as well, along with a few cars and lets say you even buy a boat. That would cost you $5M at the most if you splurged or hell even if you spent $10M and went nuts that would leave you with $40M. Now you want to give family money lets say you give your close family members a total of $5M that would leave you with on the low end $35M. Let's say you invest what's left into the S&P and live off of just 3% a year from the interest which is also on the low end that would leave you with just over $1M a year income and after taxes and health insurance etc… you're left with $600K. You now have $50K a month to live off of with no payments. More than enough to cover your insurances and property taxes and live life to the fullest and that $50K a month is way on the low end.

12. NOOOOOOOOOOOOOOOOO in public housing my God sad!!!!!!!

13. I’ve always said the only legitimate reason to not pay pro athletes such large amounts of money is because they win both the genetic and financial lottery and yet it’s not enough. Atleast the degenerate billionaires respect the money enough.

14. 1:19 i am.not from us so I don't get your system but if I would be in very competitive 'market' I would study the market not something else. So for athlete human movement is no brainer

15. Love how you didn’t cover the countless white athletes who speak on the matter. Let’s just try to make it seem like only “these” athletes can’t manage their money.

16. NBA and NFL and NBL have programs now to help them with money now this is not the 70's anymore. Also, Goldman, Chase and Citi bank will help you invest and they have classes for their high end clients!!!! What they don't have is some rando telling you can get 25 percent on your investment in 5 days. LOL

17. The median income in America is 43K. That means that if the average person works 50 years, they would make 2 million in their lifetime and get a Social Security payout of $1100 to $1500 a month. Hearing losers crying about making more in one year than most Americans make in their lifetimes is revolting and disgusting. NO ONE feels sorry for these morons. In fact it actually makes most people happy knowing he's a poor loser living in a fleabag apartment now. I heard that people in the neighborhood constantly make fun of Telfair for being broke. I do find that funny.

18. full ride scholarship to some of the best schools in the country. You weren't taught because u didn't seek knowledge

19. I know an NFL player who played 9 seasons….he paid his wife $2M in their divorce. For several years after the divorce, he sent her another ~$1M as she had a drug addiction…she used their kids as leverage for needing more $.

    The positive….he retired with $38M. He set up trusts for his kids and future grand children. Generational wealth.

20. That’s a crazy statement 😂

21. Hey bro love your videos but this video has some weird undertones 😂😂😂

22. 14 siblings?

23. Give me your tax payment off 100 million, I'll show you just how wrong you are.

24. to be fair the average american is not taught well about money, and the low iq comment was lowkey racist.

25. You entered with a bang 😂😂😂

26. 7,000 SHEKKEL SPENCER ATTACKING THE COPPER PEOPLE LIKE USUAL👺

27. Crazy how none of them. Bought land and open up clubs, and built restaurant. They rather spend it on jewlery. Smh

28. The “I wasn’t taught anything about money” is a tired old excuse it’s plenty of vets in the league that would’ve told them what to do and probably did and they didn’t listen

29. 1:52 You gotta play the whole Giannis interview and not just a clip he isn’t like all the athletes in the video he actually talks about saving money and investing. You took the clip out of context.

30. You should expand that series to fictional characters, please expose Vincent Chase ahahah.

31. U have this fixation on black athletes blowing their money. People win the lottery and go bankrupt all the time, most Americans are in debt, not necessarily because ur a "low IQ idiot"

32. you need 2.5-8 million dollars invested in dividends to make 200k a year just off dividends and yet these guys r out here saying 100 million isnt a lot of money… 2.5-8 million is a lot but for these guys its genuinely a drop in the bucket

33. I don't see cars as a viable asset. Maintenance, Insurance, and depreciation makes it the worst asset.

34. If u watch the full interview obj never said he was broke it was a general conversation ijs

35. So make your $60 Million dollars in a 5 year span THEN GO GET ANOTHER JOB. These guys don't know how lucky they are to get paid to bounce a ball around on TV.

Comments are closed.