Originally written on Celtics 24/7  |  Last updated 11/17/14
Sometimes, having too much money can be a great problem especially if it wasn’t managed the way it should be. Antoine Walker has found fortune in the basketball as he was able to make $55 million in a span of 12 years apart from endorsements. What happened to his millions knowing that he is now facing check frauds and unpaid debts amounting to $4 million? With $1 million worth of bouncing checks in Vegas, a big portion of his earnings has already gone down the drain. Besides, losing $1 million in gambling is kind of alarming. This is just one of the scenarios on how his money evaporated in a blink of an eye. As for Walker’s attitude towards money, he somehow became too generous to his friends and teammates. Walker spent years of lavish lifestyle not only for himself but for his friends as well. During the hay days, Walker will not allow himself to wear a suit twice. Therefore, he opted to have a new suit every single day for the payoffs. According to his teammates, he would spend for giant dinners and extravagant limo hire with his buddies as he takes them all to town. At one point, Walker supported seventy people comprising of friends and relatives financially. His mother claimed that Walker did not have many gambling problems. He has stopped partying and that he is just enjoying his life peacefully. Unbelievably, $110 million is not enough to spend for a lifetime. As for Walker, he did not realize where this money would come from if his basketball career ends soon. Some of his money went to poor investments while others were given to charities. Betting $15,000 on a game of blackjack is somewhat a hostile retirement strategy. He loved to play blackjack, and if there was no casino nearby, he was betting on new online casino. In the year 1999, Walker signed a 6-year contract with Boston Celtics amounting to a $71 million deal. Anybody’s perception for $71 million in a span of six years is totally a lot of money to spend. President and coach Rick Pitino even said that Walker will never have to worry about money in his life. With what’s happening right now, Pitino got it wrong. Although Walker spent some of his money to charity and became too generous to his friends and relatives, perhaps his lavish lifestyle brought him to a great chunk in his account. IFRAME Embed for Youtube
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Could the Eagles release LeSean McCoy?

AEG: Inglewood stadium would be a terrorism target

Former Knick Anthony Mason dies at age 48

Report: Blackhawks, Caps discussed Patrick Sharp trade

Giancarlo Stanton was 'angered' over $325 million offer

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Colts, Cardinals, Cowboys interested in Adrian Peterson?

How much will Rousey and Zingano make for their fight?

Browns agree to three-year deal with Josh McCown

Bulls general manager expects Derrick Rose back in 4-6 weeks

Ray Allen reportedly will not sign with Cavaliers if he returns

Shane Vereen squashes rumor he wants $5 million per season

Kentucky raffling off Wildcats-themed motorcycle

WATCH: Montrezl Harrell throws down monster alley-oop

WATCH: Tyler Hansbrough, Festus Ezeli ejected for fight

WATCH: Russell Westbrook literally gets dent in his face

WATCH: Knicks' Alexey Shved tosses wild pass into stands

Ten players ready to make the leap in 2015

WATCH: Reggie Bush says he won't quit football

PHOTO: ECHL team will wear Dr. Seuss jerseys

Report: Baron Davis in talks to join a contending team

Earl Lloyd and basketball’s cruel February

Pirates issue statement about ISIS executioner in team hat

WATCH: Dress debate threatens to derail Brooklyn Nets’ season

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Could Eagles release LeSean McCoy?

AEG plays dirty with Inglewood stadium

Anthony Mason dies at age 48

Westbrook got dent in his cheek

Earl Lloyd and basketball’s cruel February

WATCH: Barkley rips analytics again

A-Rod: A con man returns to baseball

Bostick death threats show why some fans take sports too seriously

Russell Westbrook is surging into the MVP conversation

Five-round NFL Mock Draft

Key offseason moves for every MLB team

Rousey, Arianny Celeste get into it

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.