NEW YORK – On Thursday, Nerlens Noel, the projected number one pick in the 2013 NBA draft told the media that once he is drafted and signed he plans to spend his millions all in his rookie year.
“I’m not going to wait until my career is over to go broke. I’m going to do it early and get it out of my system,” said Noel. “Allen Iverson waited until he was 15 years in to go broke. That’s just stupid. He made over $200 million and he can’t even buy a double cheeseburger. I’m too smart for that. I’ll spend all my money as soon as I get it and then when I get my second contract that’s when I’ll start investing my money so that my money can take care of me when I finally do retire.”
“$4.2 million as a 19-year-old is ridiculous. I’ve already started adding people to my entourage and told them they need to start making their lists of all the gifts they want. I’m talking exotic animals, cars, houses, and gaudy jewelry. I’ve already got my eyes on a gold Atari system that I’m going to play on my flat screen TV that is encased in python skin.”Noel who is estimated to make about $4.2 million his first year if taken as the top pick in this years draft, will make slightly more in years 2 and 3, which is estimated to be $4.5, and $4.7 respectively.
Jacob Mathews a financial advisor hired by Team Noel thinks this is the right move for his client to make. “As a financial advisor for the last six months, I’ve read enough stories about players who have squandered their money late in their career. I always have my clients best interest in hand and the best thing he could do for himself and all the people he is going to take care of is to splurge now on all the hoes and homeboys and then once they have everything they need he can start thinking about his future contract that will set him up for life.”