Former Dolphins’ Bryant McKinnie Has Money Problems

[DKphin]

I am always amazed when I read this kind of stuff. I know most in the NFL are no geniuses when it comes to finances, but you can not be that stupid. $300,000 spent in a nightclub? Or Warren Sapp crying that he had to help his family out to the tune of $7+ mil. I know alot of people will say they are just ignorant, but I say they are morons and I have no sympathy for them.

The NFL can make a man rich and it can make a man poor. In the case of offensive tackle Bryan McKinnie, the NFL has done both. McKinnie is in need of work because he has spent all of his money. According to a report on TMZ Sports, McKinnie failed to pay his Florida attorneys for work they did previously. The attorneys filed and received a judgement of over $21,000 and when McKinnie didn’t pay, they repossessed his car.
TMZ also points out that McKinnie was in similar trouble with a strip club that had claimed he never paid a tab that was over $300,00. That case was settled. While in Baltimore, McKinnie had his wages garnered because he failed to payback the loan he took out during the lockout.
McKinnie is a big talented yet sometimes non-dedicated offensive lineman who played last season with the Dolphins as we all remember. Many thought the team might bring him back to help support the right side of the line where Ja’Wan James will lineup giving the Dolphins some needed veteran depth thus far the team has shown no interest in re-signing the lineman.
Whether or not his money issues are due to a lack of funds or complete mismanagement is hard to say but it very well could be a case of both. McKinnie has made over $10 million in his career and is yet another example of a player getting caught up in a lifestyle that he simply has no way of managing. Hopefully he will land a job soon and maybe this time he will manage himself a little better.

http://phinphanatic.com/2014/07/06/former-dolphins-bryant-mckinnie-money-problems/

 

[mrhankey81701]

If you ever get the opportunity to watch the ESPN 30 for 30 film Broke. It goes into a lot of detail about how so many of these players end up penniless just a few years after retirement.

 

[jason_taylor]

If you ever get the opportunity to watch the ESPN 30 for 30 film Broke. It goes into a lot of detail about how so many of these players end up penniless just a few years after retirement.

IMO ive heard it said that a man can take 1mil dollars put it in the bank and Not touch it for 1 year , and spend it the right way it would be hard to spend the intrest off it , that dont mean go out here and buy castles and lamberginnis and such , a man can go through any amount if he is careless .

 

[spiketex]

Bryant McKinnie is 34 going on 35. After playing in the NFL for 13 seasons, generating income allegedly over $20M, he is reportedly broke. This is extremely sad to hear that he didn't listen to financial advice or was extremely poorly managed to enable this to occur.
Apart from the fact that he's pushing 360 - 380 lbs and probably is a candidate for poor health, it is an absolute disgrace to the NFL to hear a good player has squandered it before he even retires.
We read about Big Mac getting sued for $375K by a Miami strip club. That sounds like a whole lot of lap dances for the big guy - I hope he enjoyed it. Seriously, how could he spend that much in such a short time period (he was only here for like half the season)?
We also read how Incognito was also of the biggest regular patrons, and people wonder why our O-line underperformed? The players are earning big incomes, but we appear to have a problem with some players who are not properly preparing for life after football. McKinnie was at the end of his career by the time he got here, but even still, it was on Philbin/Sherman/Turner and Ireland's watch.
Bryant McKinnie will be lucky to make it to age 40. He faces the risk of likely poor health and having made and spent so much, he is also a possible suicide candidate.
The NFL Commissioner should be absolutely disgraced by this story. Maybe the NFL has some sort of responsibility to the players to be putting a certain amount of their income into a reirement fund that they cannot touch.

 

[Roman529]

It must suck for these guys knowing they pissed away all their money. It is like the boo hoo stories I hear about Allen Iverson being broke after making over $150 million dollars In his career. When most of us are scraping by to pay the bills I feel zero sympathy for these guys.

 

[Vaark]

I'd actually feel sorry for him - if I didn't know how most anyone, myself included could benefit their family by growing even half of that $20mil he easily earned mostly thanks to a genetic role of the dice and ballooning-up appetite in order to wear a game-playing uniform instead of a fries supersizing one.

 

[WVDolphan]

Bryant McKinnie is 34 going on 35. After playing in the NFL for 13 seasons, generating income allegedly over $20M, he is reportedly broke. This is extremely sad to hear that he didn't listen to financial advice or was extremely poorly managed to enable this to occur.
Apart from the fact that he's pushing 360 - 380 lbs and probably is a candidate for poor health, it is an absolute disgrace to the NFL to hear a good player has squandered it before he even retires.
We read about Big Mac getting sued for $375K by a Miami strip club. That sounds like a whole lot of lap dances for the big guy - I hope he enjoyed it. Seriously, how could he spend that much in such a short time period (he was only here for like half the season)?
We also read how Incognito was also of the biggest regular patrons, and people wonder why our O-line underperformed? The players are earning big incomes, but we appear to have a problem with some players who are not properly preparing for life after football. McKinnie was at the end of his career by the time he got here, but even still, it was on Philbin/Sherman/Turner and Ireland's watch.
Bryant McKinnie will be lucky to make it to age 40. He faces the risk of likely poor health and having made and spent so much, he is also a possible suicide candidate.
The NFL Commissioner should be absolutely disgraced by this story. Maybe the NFL has some sort of responsibility to the players to be putting a certain amount of their income into a reirement fund that they cannot touch.

Why should the commissioner be ashamed over this? McKinnie is who should be ashamed....... of himself.

The NFL has responsibility for their players personal choices and behavior? What is this, a daycare? McKinnie is a grown man. He shouldve acted like one. He made the choices he made. What did you want the NFL to do? They already spend money on educational programs for players. Too bad many of them dont listen. McKinnie shouldve saved some of his money as opposed to blowing it all on nonsense.

Its the NFL's responsibility to keep the game safe for the players based on the science and information they have. How players spend their income is their own responsibility. The NFL has done a fine job creating a situation where a player has the good fortune of making so much money playing in its league. I think they have done their part. People need to take personal responsibility.

 

[LANGER72]

I am always amazed when I read this kind of stuff. I know most in the NFL are no geniuses when it comes to finances, but you can not be that stupid. $300,000 spent in a nightclub? Or Warren Sapp crying that he had to help his family out to the tune of $7+ mil. I know alot of people will say they are just ignorant, but I say they are morons and I have no sympathy for them.
http://phinphanatic.com/2014/07/06/former-dolphins-bryant-mckinnie-money-problems/

LMOA! I have no sympathy for him. He blew his money. Now he has to bust his arse like the rest of us.
I can hear it now, the owners and league did it to him. The government must provide for him. Just go back to Baltimore and let them take care of you.

 

[Daytona Fin]

If Mckinnie wasn't too busy partying every other day and throwing parties every week he might have time to get in NFL shape and get one last contract before the show is over.

http://instagram.com/bryantmckinnie

 

[LANGER72]

Bryant McKinnie is 34 going on 35. After playing in the NFL for 13 seasons, generating income allegedly over $20M, he is reportedly broke. This is extremely sad to hear that he didn't listen to financial advice or was extremely poorly managed to enable this to occur.
Apart from the fact that he's pushing 360 - 380 lbs and probably is a candidate for poor health, it is an absolute disgrace to the NFL to hear a good player has squandered it before he even retires.
We read about Big Mac getting sued for $375K by a Miami strip club. That sounds like a whole lot of lap dances for the big guy - I hope he enjoyed it. Seriously, how could he spend that much in such a short time period (he was only here for like half the season)?
We also read how Incognito was also of the biggest regular patrons, and people wonder why our O-line underperformed? The players are earning big incomes, but we appear to have a problem with some players who are not properly preparing for life after football. McKinnie was at the end of his career by the time he got here, but even still, it was on Philbin/Sherman/Turner and Ireland's watch.
Bryant McKinnie will be lucky to make it to age 40. He faces the risk of likely poor health and having made and spent so much, he is also a possible suicide candidate.
The NFL Commissioner should be absolutely disgraced by this story. Maybe the NFL has some sort of responsibility to the players to be putting a certain amount of their income into a reirement fund that they cannot touch.

People have been unrolling the red carpet for him for years. He has blown more money on parties and women than most earn in a lifetime. The league setting up a forced retirement account? More nanny behavior for grown men? LMAO!

 

[jvw]

It must suck for these guys knowing they pissed away all their money. It is like the boo hoo stories I hear about Allen Iverson being broke after making over $150 million dollars In his career. When most of us are scraping by to pay the bills I feel zero sympathy for these guys.

Actually Iverson has a pension in about 5yrs that will pay him 100 grand a yr for life and when he turns 55 his annuity kicks in and pays him 1 million a yr for life...he should thank his adviser for looking out for him or that money wouldn't be there.....

These guys get there pay check and spend it, they make 8-15 million a yr, probably paying to much of it in taxes because they are not smart with it then spend the rest living paycheck to paycheck smh and most can't tell family and friends no....I'm sure every cousin, nephew, niece, aunts and uncles are all trying to get paid or living beyond there means and looking for these guys to bail them out.....

McKinney is a fool if he pays the strip club that 300,000 grand, I am sure they are ripping him off.....but if he is dumb enough to have an open tab he deserves what he gets.....

 

[Awsi Dooger]

If you ever get the opportunity to watch the ESPN 30 for 30 film Broke. It goes into a lot of detail about how so many of these players end up penniless just a few years after retirement.

There was a great line in that show. Somebody advised a young player, "You can live like a king for a few years, or live like a prince for life."

 

[jvw]

Bryant McKinnie is 34 going on 35. After playing in the NFL for 13 seasons, generating income allegedly over $20M, he is reportedly broke. This is extremely sad to hear that he didn't listen to financial advice or was extremely poorly managed to enable this to occur.
Apart from the fact that he's pushing 360 - 380 lbs and probably is a candidate for poor health, it is an absolute disgrace to the NFL to hear a good player has squandered it before he even retires.
We read about Big Mac getting sued for $375K by a Miami strip club. That sounds like a whole lot of lap dances for the big guy - I hope he enjoyed it. Seriously, how could he spend that much in such a short time period (he was only here for like half the season)?
We also read how Incognito was also of the biggest regular patrons, and people wonder why our O-line underperformed? The players are earning big incomes, but we appear to have a problem with some players who are not properly preparing for life after football. McKinnie was at the end of his career by the time he got here, but even still, it was on Philbin/Sherman/Turner and Ireland's watch.
Bryant McKinnie will be lucky to make it to age 40. He faces the risk of likely poor health and having made and spent so much, he is also a possible suicide candidate.
The NFL Commissioner should be absolutely disgraced by this story. Maybe the NFL has some sort of responsibility to the players to be putting a certain amount of their income into a reirement fund that they cannot touch.

I agree with the NFL should be doing something......it shouldn't be forced but should be available to them.....these are not isolated situations, they are happening all to frequent and to sit back and say well its there own fault is wrong and those that laugh at other peoples problems usually get theirs in the end....

Giving 22 yr old kids who most never earned a pay check, millions of dollars and expect them to manage it correctly is being naive....some of these kids come from difficult situations at home and don't have a person in the family they could turn to when decisions need to be made....a friend of mine son plays special teams for the Cardinals and he said his wife takes care of his money, he is given basically an allowance each check and the rest it put away in different investments and savings....they understand he will have a 4-6 yr career and then it will be over.....I'm sure Iverson had to rely on strangers to help him with these decisions and some of them didn't have his best interest at heart....

No I don't thinks its funny, no I don't sit back and laugh at the person because he couldn't manage his money and no I don't get any pleasure out of someone who is broke and struggling regardless of how much money they made in short period of time.....

 

[Zounds]

The NFL Commissioner should be absolutely disgraced by this story. Maybe the NFL has some sort of responsibility to the players to be putting a certain amount of their income into a reirement fund that they cannot touch.

The NFL teaches personal finance during the rookie symposium, but its really not their job to tell these players how to manage money.

 

[spiketex]

Why should the commissioner be ashamed over this? McKinnie is who should be ashamed....... of himself.

The NFL has responsibility for their players personal choices and behavior? What is this, a daycare? McKinnie is a grown man. He shouldve acted like one. He made the choices he made. What did you want the NFL to do? They already spend money on educational programs for players. Too bad many of them dont listen. McKinnie shouldve saved some of his money as opposed to blowing it all on nonsense.

Its the NFL's responsibility to keep the game safe for the players based on the science and information they have. How players spend their income is their own responsibility. The NFL has done a fine job creating a situation where a player has the good fortune of making so much money playing in its league. I think they have done their part. People need to take personal responsibility.

I think that the Commissioner should be ashamed because it reflects poorly on the whole NFL. This sort of problem is too common. Easy to say that the player needs to take responsibility and how they spend it is their business. But the reality is that some of these guys simply need help in handling these matters. To flush over $20M down the toilet is an absolute disgrace. Maybe they should put 10% of all earnings into a retirement investment fund, that they cannot touch until x years after retiring.
Multi-millionaires going broke before they get out of the game is ridiculous. This needs to become a much bigger issue. These guys need professional help and if McKinnie received it - he wasn't listening.