Jakarr's time with 76's foiled

He should be riding the bus to practice and saving that money
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I read an article somewhere maybe a year ago that Alfred Morris of Washington still drives a 1990 something Mazda or something like that and he had no plans of getting rid of it. Pretty crazy in this day and age of keep up with the joneses. Love stories like that
 
He should be riding the bus to practice and saving that money
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To JaKarr's defense, he had that car while at SJU. So it's not something he has bought since earning pay checks from the league.
 
Last year at this time we were telling him not to take money from the league. Now we're telling him how to spend it. Very paternalistic of us.
 
Last year at this time we were telling him not to take money from the league. Now we're telling him how to spend it. Very paternalistic of us.
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I'm going to tell you how to spend your $ too.

hint-bronx pale ale/mjmaherjr/msg home games :)
 
He should be riding the bus to practice and saving that money
Click to expand...

To JaKarr's defense, he had that car while at SJU. So it's not something he has bought since earning pay checks from the league.
Click to expand...

NBA minimum salary for a rookie is about 500K. That puts you at the highest federal tax bracket of 39.6%. His NYS income tax is 6.85%. That's almost 1/2 his income. He's smart not to blow any of the remaining $250K or so on an expensive car. Good for Jakarr. Too many NBA rookies have no concept of money and end up having to live off meal money to make ends meet.
 
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