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Gone In An Instant How NBA Star, Antoine Walker Wasted N18bn Fortune

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Former Celtics and Miami Heats star Antoine Walker says he is not embarassed blowing his entire fortune play

Former Celtics and Miami Heats star Antoine Walker says he is not embarassed blowing his entire fortune

(TMZ)

NBA Star Antoine Walker is currently on "cautionary tale" for future NBA stars that may still be under the spirit of exuberance and frivolous spending which has characterised some of the game’s best

Antoine Walker was so broke that he sold the 2006 NBA Championship ring he won with the Miami Heats because he needed money and later filed for bankruptcy in 2010

Walker though admits that he is not ashamed of his situation and is now on a campaign to caution the new stars to be meticulous in their finances.

Four years after filing for bankruptcy, Walker is gradually getting his finances in order and he says he’s ''more confident’’ and wants to make his story public with a documentary about him

"I got robbed twice (at gunpoint) and my home was burglarized in 1999 ... as a result of having lots of money and some bad people around me.''

  1. On July 15, 2009, he was charged with three felony counts of writing bad checks related to $800,000 gambling debts he had incurred at three Las Vegas casinos
  2. In July of 2000 and 2007, Walker was robbed with the assailants making away with close to $200,000 worth of merchandise, including his Mercedes. His car was later recovered having been stripped of its expensive aftermarket wheels and stereo system.
  3. On May 18, 2010, Walker listed in assets, four pieces of real estate including a $2.3 million Miami home that was underwater with a mortgage of $3.6 million, and three other properties in Chicago, one listed for $1.4 million; while recording a debt of $12.7 million

"If I can help bring down the number of athletes and entertainers who go broke ... then I feel I'm doing something to help the cause."

Walker’s written a book about the squandered $110 million fortune -- and also signed off on a documentary about his life called, "Gone In An Instant"

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