Throughout the years we’ve all heard plenty of stories about former rich athletes who go broke.
Former NBA star Jalen Rose isn’t one of them, but he did spend plenty of his money when he signed his rookie contract with the Denver Nuggets. After Jalen was selected No. 13 overall in the 1994 NBA Draft, the former Fab Five member spent some serious cash on things he never even used.
For example, Jalen spent some of that rookie money on a luxury phone for “high-net-worth individuals” called Vertu.
“I paid $15,000 for a phone that I never used,” Rose said. “That’s a dumb purchase.”
According to Vertu’s website, users have access to a 24/7 private butler service that takes requests via voice message, phone call, or email. “The people who make Rolls-Royces made this phone,” Rose says. “If you buy this phone, you have your own concierge [service].”
'Fab Five' basketball star @jalenrose on blowing his first NBA contract: ‘I paid $15,000 on a phone I never used' https://t.co/9gcfKSEzSi
— MSN Sports (@MSNSports) October 9, 2021
“Your first contract, you spend it all,” he said. “Almost everyone spends it all.”
Rose earned more than $100 million playing basketball. Is a $15000 phone really that crazy, relatively speaking? No, but it all does add up.
🔥 Hot from Side Action 🔥
- Kliff Kingsbury Photographed with Girlfriend Veronica Bielik For the Very First Time
- Miles Bridges Wife’s Sister Likes Interesting Comment About Felony Domestic Violence Charge
- Jayson Tatum is Now Following NBA Girlfriend Mulan Hernandez
- LaMelo Ball Posts Rare Picture of His ‘Baby’ Ana Montana
- Dad Gets Caught Texting Escort While With His Daughter At White Sox Game
Jalen is one of the lucky ones who ended up landing on his feet.
I’d love to get my hands on a Vertu. Maybe Jalen will list it on eBay…
Welcome to the game outside the game! Follow us on our Sideaction Twitter handle, Instagram, and Facebook for the latest on sports and pop culture news across the web!
