Lou Williams Defending Broke NBA Players Actions Earning $5 Million Salary Angers Fans – “Broke Take”

Former Clippers' star Lou Williams knows a lot of NBA athletes go broke despite earning millions of dollars in their careers.

Lou Williams Defending Broke NBA Players Actions Earning $5 Million Salary Angers Fans – “Broke Take”

Lou Williams explains how NBA players lose money (Image via FirstSportz)

After playing 17 seasons in the NBA, Lou Williams currently works as an analyst for Run It Back, the primary basketball show hosted by FanDuel.

He may not be the only player on the panel, but he is one of the most consistently available ones. The media house is leaning into former players to have a different opinion than that of the usual loudmouth analysts.

So far, Williams has been a breath of fresh air, as his opinions tend to be laden with facts and opinions that a player can only have. But there are times when he goes awry or sounds biased.

The 39-year-old has made some claims leaning on the latter, and has faced flak from fans. But then, which player isn’t biased, or eager to stick to one side?

Then, Williams has also made a lot of sense when recently pointing out how ‘hot take’ analysts are muddying the game he and his fellow peers represented.

That is why the folks at Underground Lounge wanted to know his opinion on why NBA players go broke despite earning millions in the few years they were in the league.

You make $5 million, two and a half of that is gone. You got agent fees, probably another $50,000. Then you have dues for the NBPA, the fees is $15,000 to $20,000 a year. Then you have your personal staff… Before you look up, you probably have $1.5 Million off of $5 million… Before you know it, you’re not a millionaire no more.

Lou Williams said

Lou Williams clarified that once all the payments are done, the players do not have much left. Then, when they head towards paying for the luxuries they think they want, NBA players are no longer millionaires.

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Fans tear into Lou Williams opinion on NBA players

Fans would not have had a problem with what Lou Williams had up until that point. All those expenses are never something the common folk are aware of.

But after that education, when the former three-time Sixth Player of the Year awardee somewhat justified NBA players getting into a luxurious lifestyle, fans lost it.

They felt that instead of educating them, he was seemingly condoning what they do. That, to fans, felt like poor use of the platform he had. Check out examples of those reactions below.

Lou Williams might not have had any ill motives here, but fans felt that he, too, had been susceptible to that luxurious lifestyle. That is why he was defending the actions of players who eventually lose it all. Had they saved or invested instead of throwing money away, they would never have been broke.

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Lou Williams brought a Ferrari and a Lamborghini in the same week

Throughout his career, Lou Williams earned $85 million. He may be financially stable now, but he, too, had his moment of weakness when it came to spending his money.

Williams' car collection
Williams’ car collection (Image via LouWillVille/IG)

I had a week, I bought a Ferrari and a Lamborghini in the same week. I rationalized it with my financial advisor… I was young, I was 24 or 25 years old.

Lou Williams said

The former Los Angeles Clippers star added that when his financial advisor tried to suggest that he was making a mistake, Williams replied that he makes a lot of money.

It is this overconfidence that has led even some of the greats to lose a lot of money. Thankfully, some have recovered and fixed their mistakes.

But not everyone is that lucky. Stories of broke NBA players are littered, and even the league tries to use ingenious ways to warn young players from making mistakes.

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