April 25, 2025
Antoine Walker is utilizing his expertise of going broke after the NBA to supply monetary literacy to rising athletes.
NBA champion Antoine Walker makes use of his expertise from incomes over $100 million throughout his profession to declaring chapter by 2010 to supply immediately’s rising skilled athletes with important monetary literacy and steering.
The NBA All-Star joined Ross Mac on the Monetary Freestyle podcast, the place he opened up about his path to monetary all-time low and the way that have led him to a brand new profession in finance. Now, he works as a marketing consultant, serving to up-and-coming athletes avoid the pitfalls he as soon as confronted.
“If you’re getting cash…every little thing goes good — you’re shopping for vehicles, you bought homes, you bought jewellery, you bought all this stuff occurring,” Walker stated. “However in some unspecified time in the future, the cash’s going to cease coming in the best way it got here to start with. Are you in a position and are you ready to take care of that life-style?”
Walker was a dominant pressure within the NBA through the Nineties and early 2000s. Drafted by the Boston Celtics because the sixth total decide within the 1996 NBA Draft at simply 19 years outdated, he shortly rose to stardom, signing a six-year, $71 million contract by age 21. Over his 13-year profession, he earned an estimated $108 million. Nevertheless, a collection of poor monetary choices and restricted monetary schooling in the end led him to file for chapter.
“The cash got here so quick with out the schooling,” Walker stated.
After dropping all of it, Walker started sharing his work as a marketing consultant with Edyoucore, a monetary literacy firm devoted to serving to athletes take management of their funds. With faculty athletes now incomes hundreds of thousands by means of NIL offers earlier than even turning professional, Walker is raring to supply his steering to the subsequent era of athletes, serving to them navigate the monetary challenges he as soon as confronted.
“I believe it’s my job to sort of use the issues that I did fallacious and simply assist [others] out,” Walker instructed Mac. “I do know the issues that they wish to do. I do know the issues that they’re shopping for. I do know the issues that they’re overlooking. … I attempt to put that again of their face and perceive that this basketball profession or any sports activities profession goes to be short-lived, and you bought an entire life to dwell after your profession is over with.”
RELATED CONTENT: Cardi B Wins Huge, However Waits Huge: Tasha Ok’s $1.2M Supply? Assume Amazon Prime, However, Like, 5 Years