Just like other famous athletes, NBA stars bring in millions of dollars each year thanks to expensive contracts. However, when they have too much money in hand and are still young, they sometimes make shopping decisions that are not really reasonable. Below are the lifetime “money burns” of NBA stars.

Allen Iverson jewelry

Iverson is one of the legends of the NBA and a player with the most fans thanks to his beautiful and charming playing style. Despite the money and fame he received from the NBA, Iverson still encountered numerous financial difficulties in retirement. The reason largely comes from one’s own wasteful spending habits.

Allen Iverson has a huge passion for diamonds and jewelry.

The Philadelphia 76ers legend is a big fan of jewelry and has spent quite a bit of his fortune on collecting precious jewelry. During an autograph session, Iverson once overwhelmed everyone by bringing along jewelry worth more than 3 million USD. It was that wasteful spending that pushed Iverson into his current difficult financial situation.

Miami Heat’s victory celebration party

After successfully defending the NBA championship in 2013, Miami Heat players such as Dwyane Wade, LeBron James, Chris Bosh… decided to party all night to celebrate. And they all gathered at LIV (the most famous bar in Miami).

Miami Heat players experienced an unforgettable night after winning the 2013 NBA championship.

Dozens of bottles of wine costing more than 1,000 USD and many luxury services were ordered. Along with that is a bottle of Dom with a value of about 23,000 USD. According to estimates, Miami Heat players spent more than $200,000 on that luxury party.

Eddy Curry’s monthly offerings

Even though he is a great player in the NBA, Eddy Curry is actually quite lazy and that is a bad trait that everyone knows about him. Although he has earned a lot of money in his career thanks to his basketball talent, Curry has never been a frugal person. There have been many times when people around him have been overwhelmed by the luxurious “money-burning” pleasures of this player.

Eddy Curry was often ridiculed for gaining weight so quickly after hiring a personal chef for $6,000 per month.

It is known that Curry spends an average of more than 30,000 USD per month on expenses such as cable TV, personal chefs or super cars… It is because of that wasteful spending habit that has caused Curry to fall into debt and be arrested. confiscation of houses at the present time.

Dallas Mavericks victory party

Like the Miami Heat, the Dallas Mavericks players also decided to go celebrate together after the historic NBA championship in 2011. And they also held a celebration party at Miami’s famous bar, LIV. Even though they were only there for 4 hours, the “Wild Horses” still managed to spend up to 110,000 USD.

Dirk Nowitzki and his teammates had a great celebration after the historic championship in 2011.

Shark tank by Gilbert Arenas

Gilbert Arenas started his career very successfully and was considered one of the top scorers in the NBA during the 2000s. That great potential helped Arenas receive a contract worth up to 111 million USD for 6 years. However, continuous injuries later ruined his career.

Gilbert Arenas actually built a shark tank at home just for his free time.

Therefore, Arenas actually made millions of dollars while just sitting at home. Because he has too much free time, he has indulged in many luxurious entertainments. The most typical example is building a shark tank right at home, which costs up to millions of dollars and costs $6,000 per month to maintain.

Jewelry by Marquis Daniels

Like Allen Iverson, Marquis Daniels also has a special passion for jewelry. But compared to Iverson’s hobby of collecting jewelry, Daniels’ hobby is really on a different level. As a way to make a difference, Daniels decided to have a necklace handcrafted with his face printed on it. Embedded on that face are luxurious diamonds. It is estimated that that necklace cost him over 50,000 USD and it was just one of the crazy money-burning missions of the former Milwaukee Bucks star.

Marquis Daniels made a necklace with his face printed on it with dozens of expensive diamonds.