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Dennis Rodman is likely best known for his prolific career with the NBA , showcasing incredible defensive abilities during his 20-year tenure on the court. However, the retired basketball star has gone on to exhibit a host of eccentric accolades in his 62 years on Earth, making him one of the most interesting humans to ever live. Today, Dennis Rodman touts a paltry net worth of only $500,000 according to Watcher Guru , in spite of his multi-million dollar legacy. Rodman sits at this figure for a number of reasons, most notably due to a number of shady business deals that saw his long-time financial advisor embezzling millions from his personal fortune. Despite Dennis Rodman’s lower-than-expected net worth, the retired basketball legend seems to be living comfortably today, and has tons of social credit to fall back on in case he needs additional financial security. Since retiring from the NBA, Rodman has gone on to wrestle at a professional level, appear in numerous film and...
If you find yourself in a Black-owned barber shop, there is a high chance that sports talk is always on the agenda. And when it comes to basketball, in particular, people can’t get enough of deciding who the GOAT is — Lebron James or Michael Jordan? However, what about the game legends like Bill Russell, Wilt Chamberlain, and Kareem Abdul-Jabbar? Players like Abdul-Jabbar laid the foundation for the more recent past and present players the world knows and loves. With a 20-year career average of 24.6 points, 3.6 assists, and 11.2 rebounds per game, many find it difficult to dispute the impact Abdul-Jabbar had on the game. In 1969, Kareem Abdul-Jabbar was chosen as the No. 1 draft pick from UCLA to the Milwaukee Bucks. He stayed with that team for six seasons and led the franchise to its first NBA championship in 1971. View this post on Instagram A post shared by Kareem Abdul-Jabbar (@kareemabduljabbar_33) After his time in Milwaukee, he was traded to the Los Angeles Lakers in 1975...
Ulysses Bridgeman — aka Junior Bridgeman — may not be one of the most famous players to ever grace a basketball court. However, that really doesn’t matter because it’s what he did after his time in the NBA was over that really made an impact. At the peak of his career, Junior Bridgeman made $350,000 in a season. And though that’s certainly a respectable salary, it pales in comparison to what modern-day NBA greats like Michael Jordan and LeBron James make. That said, NBA salaries in the 1970s and the 1980s, in general, were not what they would become in the 21st century. And while there are many NBA players who lose all their money after they stop playing — with the most infamous example being, perhaps, Dennis Rodman (though, in fairness, it wasn’t his fault) — Bridgeman flew in the face of conventional wisdom and, instead, became a multi-millionaire in his own right. According to Celebrity Net Worth, he amassed a net worth of $600 million after becoming one of the most successful...
It’s hard to overstate how Sean Kingston had girlies of the early 2000s in a chokehold. The man born Kisean Paul Anderson came from a musical family: his grandfather was famed reggae producer Jack Ruby, who was best known for his work with The Toasters. But Kingston, himself, was discovered on MySpace, according to Digital Spy, and seemed to be everywhere all at once. With hit songs like “Beautiful Girls” and “Take You There” — not to mention a guest appearance on Natasha Beddington’s “Love Like This” — Kingston’s pop-flavored brand of reggae was inescapable. Unfortunately, according to Celebrity Net Worth, Sean Kingston is only worth $500,000 today. This, of course, is despite the fact that his songs were all over the charts at one point in the early 21st century. Kingston’s financial difficulties didn’t come from a shady record deal or from a shady financial adviser. Rather, it came because he over-spent on things he didn’t need — and, in particular, on custom jewelry. Let’s take...
From Dennis Rodman to Ja Rule, celebrities are just like us in that they, too, can make bad financial investments. Most recently, AfroTech told the story of NBA player Tim Duncan, whose scamming financial adviser cost him more than $20 million. Yet, most interestingly of all, Duncan remained unbothered by his ex-adviser’s behavior. “Luckily I had a long career and made good money. This is a big chunk, but it’s not going to change my life in any way. It’s not going to make any decisions for me,” he said. But while the likes of Tim Duncan can easily bounce back from bad financial investments, not every celebrity is quite as lucky. These celebrities made bad financial investments — let’s take a look at how it worked out for them.
Tim Duncan was one of the biggest NBA superstars in the early 2010s. But in 2013, he enlisted a financial advisor. And according to Bleacher Report, that’s when all the problems began. The outlet confirms that thanks to a series of bad investments by his financial advisor, Charles Banks IV of Atlanta, Duncan was defrauded out of more than $20 million. What’s more, thanks to his role in the fraud, Banks was sentenced to a four-year prison sentence for wire fraud in 2017, per the San Antonio Current. Despite the loss, Tim Duncan is completely unfazed. “Luckily I had a long career and made good money. This is a big chunk, but it’s not going to change my life in any way. It’s not going to make any decisions for me,” he said to Bleacher Report. That said, Duncan still felt the sting of betrayal by Banks, whom he counted on to follow through on an investment that would help him “make a living that would last [him] for the rest of [his] life.” Instead, Duncan and his attorneys said there...
Dennis Rodman is just one of the many celebrities who lost it all at the height of his career. But, as AfroTech previously reported, Rodman didn’t lose it all because he frittered his money away, or because he was sued into oblivion. Rather, Rodman lost it all because his business manager at the time was involved in some shady financial dealings — and those dealings ultimately landed her in prison. What’s more, Rodman could only recover a mere fraction of the money he’d lost to Peggy Ann Fulford’s illegal activities. Fortunately, Rodman was able to build back better — and while he’s nowhere near his peak net worth of $27 million, he still stays paid…and, inexplicably, inside a Planet Fitness. Iconic. Planet Fitness aside, Rodman’s only the first of many celebrities who lost it all — only to build back better when the time was right. From musicians, to athletes, to actors, no one stays down forever — and these superstars are living proof that it’s not how far you fall, but how you...
It’s impossible to overstate how influential Dennis Rodman was at the peak of his career. The original “Bad Boy of Basketball” got attention both on and off the court thanks to his larger-than-life personality and his ferociously competitive spirit. As part of the Chicago Bulls during the team’s historic 1996-1997 season, Rodman — together with the legendary Michael Jordan and Scottie Pippen — brought the team to unprecedented heights. And he was paid handsomely for it all. By some estimates, Dennis Rodman was worth more than $27 million at the height of his career. And that money attracted all sorts of celebrity cache — including high-profile relationships with Madonna and former Prince protegée Carmen Electra. If NBA stars are Met Gala-attending celebrity darlings today, it’s partly because Rodman walked (or, more specifically, dunked ) so they could rip the runway. Unfortunately, with such incredible highs came even more incredible lows — and he ultimately lost it all. But how...