Carmelo Anthony says Odell Beckham Jr. wasn’t wrong when he said $100 million isn’t really $100 million.
“People gave Odell a lot of heat for saying that, but I understood exactly what he meant.”
“Everybody hears $100 million and thinks that’s what hits your account. It’s not.”
“You can lose close to half of it immediately to taxes.”
“Then you’ve got agent fees, state taxes, a house, family responsibilities, and everything else that comes with life.”
“Your lifestyle changes drastically, and that change can mess with athletes mentally.”
“You go from never thinking about money to budgeting every day.”
“You have to become honest with yourself and live more modestly.”
“That’s the part a lot of people don’t understand.”
“From the outside, $100 million sounds like $100 million. In reality, it’s a lot different.”