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Sebastian Telfair on Making $40M, Goes Off on NBA Not Protecting Players Who Go Broke (Part 18)
Posted
January 25, 2024
Views
162,503
Likes
2,226
Comments
1,397
Engagement
2.23%
January 25, 2024
162,503
2,226
1,397
2.23%
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11:09Now PlayingWatch Full Interview
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In this clip, former NBA player Sebastian Telfair reflects on his career, where he amassed a fortune of around $40 million. He cites buying his mother's house as one of his proudest purchases, and alludes to his ex-wife as one of his worst. He also discusses the lack of financial understanding in the NBA, particularly around investments. He suggests that players should collaborate on investments such as hedge funds to create wealth collectively instead of focusing on personal, fleeting luxuries. The ex-NBA star goes on to say that it is essential to change the narrative around financial independence and autonomy in the NBA, explicitly mentioning the potential of players to generate significant returns if they collectively invest in ventures like LeBron James did. Sebastian insists that nobody is advocating for the athletes, and this needs to change.
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