Couch Commentary

Thoughts from an outspoken American

Category: NFL

On This Edition of “Smart Money”….Deuce McAllister

It really pains me to see professional athletes go down because of money. It boggles my mind that middle-class workers (like myself) and even the low-class can go through life without having to break down and sell pretty much everything to pay the bills. The level of financial intelligence amongst pro athletes is frighteningly low.

Deuce McAllister as well as other athletes such as Scottie Pippen and Mike Tyson have fell victim to the “smart investment” ploy often cast by preying crooks. It’s sad to see.

Now, after already filing for Chapter 11 bankruptcy protection for his Nissan dealership in Jackson, Mississippi, McAllister’s Louisiana home has been seized and is set to be auctioned on July 27th.

Apparently, McAllister owes about $1.8 million on the mortgage and Whitney National Bank, where the loan was set up, has had enough and are suing the former Saints running back.

Sigh.

You know the old saying: “Another day older and deeper in debt.”

(H/T ProFootballTalk)

With The Way DeSean Jackson Parties, He Better Hit The Jacccpottttt

Yeah, I realize the kid is young and he wants to have fun in his early years. What I also realize is that he’s not a millionaire yet. Under his current contract, he will make $565,000 with the Eagles in 2011. That’s a hell of a lot of money, but suppose the lockout continues? Can he really afford all of the parties he’s having over there on the “west coast best coast?”

Why am I going on this rant? Well, last night DJACC supposedly hosted an after-party for the ESPYs at Bare, a strip club in LA. ¬†What a great place for a party (sarcasm). Yeah, the boyzzz will attend, but are the girls going to want to attend a strip club party? Probably not. If it were me, I’d pick a sick club in LA that the ladies wouldn’t mind going to.

Look I’m all for fun, but not when you’re racking up $25,000 bar tabs on a weekend with your homeboys. That’s just crazy.

(H/T Crossing Broad)