Ex-NBA star J.R. Smith regrets his old spending habits: 'I could have fed my whole community ten times over' (via CNBCMakeIt)
JR Smith #5 of the Cleveland Cavaliers reacts in the first half against the Boston Celtics during Game Seven of the 2018 NBA Eastern Conference Finals at TD Garden on May 27, 2018 in Boston, Massachusetts.He frequented clubs, dropped large amounts of cash on clothes and used thehe made in salary over 16 NBA seasons to pay fines levied by his teams or the league.
"You know how many people you can change [their] lifestyle with $10 million in our hood?" Smith said. "We'd rather go throw $60,000 in the strip club…than go feed 2,500 people in the hood." "I felt like I had everything, but I still wasn't whole with me, because I knew there was something missing," he said.
"[Athletes make] their schools... millions and millions over again… and the $50,000 [they donate back] changes nothing," he said, noting many universities put that money toward on-campus construction projects. "But the $50,000 to $100,000 you give to HBCUs, it changes lives."
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