What to know how professional athletes go broke? This is how professional athletes go broke. Among many other ”investments” professional athletes dump their playing salaries into during theirÂ careers that suck all their bank accounts dry, buying six-figure cars that turn into four-figure cars is a great way lose a bunch of money. You might think doing this isn’t such a big deal and isn’t a big piece of their net worth, but you have to realize that it’s never just one time or one car. Even worse, it’s not even just the car they blow money on. You need to buy the rims and the stereo systems too. You sign a professional contract and go buy a car you’ve always wanted. No big deal. Well, your mother and father needs a car too. Don’t forget your wife. Oh, her parents need cars? Your brother could use a new car too, he’s been there since day one. Same goes for your cousin. How about your two best friends you grew up with? They’ve supported you the entire way. Grandma’s Buick and your aunts old Ford Explorer are on their last legs. Now take all those scenarios and do all that three or four times over after that. All of a sudden you’ve blown a literal fortune on cars. Today’s car is an example of that.
This is a 2001 S600 that was bought and owned by former NBA playerÂ Anthony Carter. You probably don’t know who that is and neither did I, so let me explain who this guy is. Carter was an undrafted point guard that played an impressive 13 seasons in the NBA for six different teams before retiring after the 2012 season. He was mostly an off the bench guy for the majority of his career with his contracts usually being only for a year or two at most that paid him around a million dollars a year. Good work if you can find it and easily enough to buy a W220 S600 for over $100,000 then dump a bunch of other money into thanks to custom paint and a crazy stereo system. Now let me be clear, I am not saying that this car somehow made him broke, but this is merely an example of how it can happen and still continues to happen to this day. Although one thing is clear, the current owner of this car is asking entirely too much money for it.