What really happens when you make $5 Million in the NBA? 🎙️ In this clip from The Underground Lounge, Lou Will and Spank Horton break down the brutal math behind an NBA paycheck. Lou explains how taxes, agent fees, and NBPA dues can quickly turn a $5 Million contract into $1.5 Million. He also shares a wild story from his 20s about ignoring his financial advisor to buy a Ferrari and a Lamborghini in the exact same week.
The guys also dive into life after basketball and why so many retired athletes get divorced. Lou Will gets incredibly real about the culture shock of retirement, opening his own mail for the first time , and how spending years on the road means you never truly get to know your partner. Plus, Spank explains why he refused to invest in vending machines and discusses meeting with Kevin Hart’s Heartbeat Ventures.
What is the craziest purchase you’d make if you signed an NBA contract? Let us know in the comments! 👇🚨 Catch full episodes of The Underground Lounge here: https://www.youtube.com/@UndergrndloungeVideo
#LouWill #SpankHorton #NBA #UndergroundLounge #FinancialLiteracy #NBPA #Retirement #LOLNetwork #ComedyPodcast #KevinHart
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Lou Will Bought a Ferrari & Lamborghini in the SAME Week | The Underground Lounge
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