No chance? He'll have gotten 8 million in NBA earnings. Probably another million overall from whatever endorsements he's done. I believe he had a New Era one at some point. I doubt that was for nothing.
Average male lives what, 75 years...so 50 ish more years. If he's relatively frugal, he might have spent half of it. 4-5 million, that's 75-100K a year for 50 years. If he were to invest even a million of that, he could probably have 150K ish a year for 40 years, then more than that a year for his twilight years.
And that's if he literally doesn't earn another penny. So it would be possible. However unlikely.
Since you and Bloom are just assuming he blew all that money...to make your point...I'm going to assume he invested 2 million bucks in early 2020 in Bitcoin...bought in at 10K, sold at 50K a year or so later. Reinvested that money in to the market right before Covid, and doubled it. So he's currently worth about 20 million bucks.
Or...he'll either get another NBA contract in the 2 million per range...or he'll parlay his NBA stint in to a good overseas career for the next 4-5 years where he makes 4-500K a year. He'll then come home and partner with some businessman in Southern Indiana and put his name on 8-10 car dealerships...making himself a passive 700K-1M a year off that. On top of that, he'll partner with some other people to start the Romeo Langford basketball academy. A Spiece like southern Indiana sports complex, that'll be more of a tax write off, but it'll be pretty big in Southern Indiana as well, and generate some decent cash every year. That window will be probably about 5 years after his playing days are over. So he'll have had 15 years or so since HS to figure out what he wants to do with his life. By then, he'll have played in the NBA, played overseas, owned a company, and started a kids bball program...All because he was a horrible shooter that got lucky and had coaches that just allowed him to keep shooting, and keep shooting.
