When news leaked that Dwight Howard has severed ties with Goodwin Sports Management, the reaction was swift in NBA circles. “What is he thinking?” we asked. The history of independent representation for athletes is sketchy at best. But then, who are we to judge?
Dwight Howard, LeBron James, And The Changing Politics Of Sports Business
It’s always tricky trying to tell somebody what to do with their money. It reminds me of a line from an unreleased Kanye West track, “How you gonna talk about the way I spend my money? Everybody say it with me now: It’s my money.” There’s something paternalistic about telling a self-made millionaire what’s best for them.
And yet, sometimes the decisions are just so baffling, it begs for our input. Particularly when we’re talking about the NBA, the history of forays into finance is fraught with cautionary tales. Trusting the wrong people, burning through $100 million dollars on the way to bankruptcy, paternity suits, lawsuits, and promises to friends and family that end up bleeding these guys dry.
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