Originally posted on Celtics 24/7  |  Last updated 3/22/13
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

WATCH: K-State players storm student section after big win

Tony Dungy coaches his way into Canton

Top eight takeaways from NFL Honors awards

Report: Austin Rivers out 4-6 weeks with broken hand

Brett Favre Hall of Fame discussion took less than 10 seconds

WATCH: Pop wishes Kobe well in heartfelt message

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Eric Berry named NFL Comeback Player of the Year

Cam Newton to be named NFL MVP

Ezekiel Elliott hung out with Jim Brown

Rickie Fowler taunted by fans over his ex-girlfriend

Roger Goodell speaks about future of Pro Bowl in annual address

Mike Krzyzewski provides an update on his health

Another star confirmed for Super Bowl 50 halftime show

WATCH: Wayne Simmonds loses his cool, earns match penalty

Winners and losers from 2016 Hall of Fame vote

Brett Favre, Tony Dungy headline Hall of Fame Class of 2016

Terrell Owens says he was not elected to Hall of Fame

Bruins prospect hit in throat with puck, taken to hospital

WATCH: Mavs rookie laughed at for trash talking Spurs bench

Norris Cole has No. 30 retired with LeBron James, New Orleans Pelicans in attendance

Three keys to victory for the Broncos in Super Bowl 50

Torrey Smith: ‘This is probably the best offense’ for Kaepernick

Byron Scott thought D’Angelo Russell would be further along

Under-the-radar Super Bowl 50 matchups

Is Tim Lincecum's run with the San Francisco Giants done?

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

The 14 biggest plays in Super Bowl history

Five outrageous predictions for Super Bowl 50

QUIZ: Name the winning starting quarterback from every Super Bowl

The top six matchups that could decide Super Bowl 50

Seven unheralded players set to make major impacts in SB 50

10 underrated performances in the NBA Slam Dunk Contest

X-factors in Super Bowl 50

NHL nightmare: No Canadian teams in playoff hunt

QUIZ: Name the Super Bowl halftime performers since 1991

Manziel's father fears for QB's life

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker