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Phil Heath accused of stealing 100k bracelet from NFL PALYER

TG1

TG1

Staff member
www.advicesradio.com

Advices Radio :: Blood Sweat & Gear, Episode 44

Blood Sweat & Gear 44: NFL Super Bowl winner Jimmy Kennedy joins Skip Hill, S2H and Scott McNally to tell a story about IFBB Pro Phil Heath and a missing bracelet worth 100k. Tune in to hear Jimmy’s side of the story. Then of course, listener questions...
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NFL Super Bowl winner Jimmy Kennedy joins Skip Hill, S2H and Scott McNally to tell a story about IFBB Pro Phil Heath and a missing bracelet worth 100k. Tune in to hear Jimmy’s side of the story.
 
Sometimes it’s not about money, or if someone doesn’t actually need it, it’s about the feeling of doing it…
 
Yeah but he also has an extremely lavish lifestyle. Like most pro atheletes they spend alot and usually waste it away. Jay Cutler was probably the only one to make it successful long term thru his investments.
 
5 million goes by fast. And athletes have it backwards in terms of career earnings. They get it in the front end of their life unlike most people who make more at the later stages.

Net worth can also take a beating. It includes property so if he goes broke he may not be able to sell the house at market value. Probably some assets in companies that can go down.

5 million is pretty low for net worth for an athlete in his prime or just past. What’s he gonna do for money after?

My father retired with significantly more as his net worth at 50. And he lives way more frugal as a couple years past at 56. You live a long ass time these days he says lol.
 
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Yeah, it really depends on your lifestyle. My dad spent a lot while getting rich. He grew up super poor in his country without a degree. Started a company and became one of the largest in his country.

6 years into retirement, he’s like I don’t know if I’m going to live to 70 or 90+. There’s a huge difference trying to make that money stretch. Also some of that is assets in stock and property. Both can just drop at any time.
 
TG said:
Then taxes get you.
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Property tax is ridiculous. Especially if you own expensive property. I remember when I got my first car. It was real nice. And then one day I got a letter asking me to pay property tax on it. It changed my whole view of how the government works. I got to pay tax on things I fucking own???
 
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Bumping this since jackass phil is threatening to sue people posting this story
 
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