Posted by EwingsGlass:

Maybe you guys can cut the kid some slack. I am sure you were all brilliant at managing your money when you were 19 years old. He's only 26 now and has a lot of people going after his money. People making claims that they wouldn't try with you and me cause we don't have 7 digits in our salaries. He got a couple big checks and made some bad decisions with them.

I am pretty tired of dragging the guy through the mud on a daily basis. At this point, if he puts on the Knicks uniform and performs, I hope the best for him.

Otherwise, I want to cut the Knicks losses as best as possible and move on.

I am interested to see what shape Eddy comes to training camp in. I hope he gets his act together.

Why does the guy have a mortgage on his house with a yearly salary of 10mm? I don't care if you are 18 you should be able to figure it out.

Posted by tkf:

Posted by Vmart:

Posted by Allanfan20:

I always wondered why these athletes are going to buy these unbelievably expensive houses, when they aren't going to even be in them 95% of the time.

Just buy a nice house man. Not something outregeous and you can have so much more money to keep for yourself and your wife/husband and kids.

I just want to know where he is pissing his money away. Is he just aloof and not aware that he has to make payments or doesn't care he has to make payments. Where is his wife in these matters. You would think she would at least question where his finances are being disposed of. Oh well at least we can say Eddy is doing his best to help the circulation of money which in turn helps the economy. The banks don't even bother giving out loans anymore.

when I moved to Atlanta I used to live next to a rookie player who was with the MLB montreal expos.. He then signed a huge deal with the Braves. I won't reveal his name, but we got to know each other as did my wife and his live in girlfriend. We both had our sons a week apart so we had some things in common. When he got that big deal,his girl told us, all the crap that came with it and how complicated his life became... From family, to friends to people wanting you to finance business deals. After some years he and his girlfriend seperated, but not after she gave him two kids. Now he had a huge child support payment and he purchased her a 400k house down the steet from him and a brand new custom lexus. these guys spend so much money and without good people around you, it is easy to lose it all.. just look at Holyfield. I pass his house(which is in forclosure again) every day on my way home, and I say to myself, who in the hell needs a 54 thousand square foot home on 200 acres.. just idiotic spending..

Are you talking about Delino Desheilds? LOL...you told this story before.

Posted by BRIGGS:

Posted by EwingsGlass:

Maybe you guys can cut the kid some slack. I am sure you were all brilliant at managing your money when you were 19 years old. He's only 26 now and has a lot of people going after his money. People making claims that they wouldn't try with you and me cause we don't have 7 digits in our salaries. He got a couple big checks and made some bad decisions with them.

I am pretty tired of dragging the guy through the mud on a daily basis. At this point, if he puts on the Knicks uniform and performs, I hope the best for him.

Otherwise, I want to cut the Knicks losses as best as possible and move on.

I am interested to see what shape Eddy comes to training camp in. I hope he gets his act together.

Why does the guy have a mortgage on his house with a yearly salary of 10mm? I don't care if you are 18 you should be able to figure it out.

Regarding the mortgage, at the time he bought the house, he was making $2.8M per year under his rookie scale contract. Most people take the fact that mortgage interest is tax deductible to validate having an outrageous mortgage.

I am not defending Curry's ineptitude so much as saying that a lot of people make the same mistake. Having that much money at such a young age makes it easy to make a mistake of a large magnitude.

9.25% interest? Did he have bad credit?

The NBA and player's union almost needs to set up some sort of trust fund that doesn't allow players access to 60 or 70% of the money earned in their contract until they are 26.

Eddy is a child who does not understand money.

He will break his ass to earn money and will be broke soon enough.

This guy is why the league has the 19 year old rule. Lets even say that if you can handle moving to another country and playing with older dudes that want to rip your head off you can handle most things. At least with one year in europe you are transparent if your mature. Kwame's immaturity would have been discovered.

Of course one year of college can do the same. If your lazy, can't get up, can't eat properly, can't stay out of trouble, etc, your not going to be drafted that high and be a teams 100 mil investment.

While its not fair to the well rounded Lebrons, it prevents teams from drafting the next bill Wiloughby, Kwame, Darko, etc and also lets guys like Rashard Lewis prove his meddle and raise his stock at the same time!

Its a good rule. They should raise it to 20.

Wow Eddy cant catch a break. Well even if his credit goes to crap he still has cash.

Posted by EwingsGlass:

Maybe you guys can cut the kid some slack. I am sure you were all brilliant at managing your money when you were 19 years old. He's only 26 now and has a lot of people going after his money. People making claims that they wouldn't try with you and me cause we don't have 7 digits in our salaries. He got a couple big checks and made some bad decisions with them.

I am pretty tired of dragging the guy through the mud on a daily basis. At this point, if he puts on the Knicks uniform and performs, I hope the best for him.

Otherwise, I want to cut the Knicks losses as best as possible and move on.

I am interested to see what shape Eddy comes to training camp in. I hope he gets his act together.

Good luck with that. Curry has been a monumental disappointment for us but on a personal level he has had some horrible, tragic things happen to him while he's been here. Yet, people have continued to hurl invective at him. Guess basketball means more than life to some.

By the way who would this be:

A former NY Knick who at one time was making $200,000 per month in salary retired early due to child support payments. He had three kids with his wife and 12 kids outside his marriage, after child support, taxes and agent commissions were deducted he only brought home $15,000 per month