Antoine Walker Arrested for passing bad checks: A sobering example of how to waste Arab money…

July 17, 2009

Don't worry Mark, Ricky is broke too, and needs to sign his T'wolves contract. Not to put his business out there, but his contract last year was south of 100 stacks

Damn…

Prime example of why you need a good economic plan for your money.  If nothing else, just get a simple savings account.  At least the money will earn interest AND you might be less tempted to spend it.

Las Vegas is fun, but you should always know your limits.

This is not investing...investing requires financial insitutions and people who have degrees.

This is not investing...investing requires financial institutions and people who have degrees.

Antoine, you have a problem.  If you need to gamble, just bring cash.  If you run out of cash, go to the Bank and get more.  If they say your account is overdrawn, then you should be done, until the next check comes in.  ESPN.com says that Antoine has “accounting” problems.

STATELINE, Nev. — Former NBA All-Star Antoine Walker has been arrested on criminal charges stemming from $822,500 in gambling debts in Las Vegas.

Douglas County sheriff’s Sgt. Jim Halsey says Walker was arrested Thursday at a Harrah’s Tahoe cabaret bar on Lake Tahoe’s south shore.

Deputies were notified of his presence by an employee who had seen a television report about an arrest warrant issued for Walker two days before.

Walker is accused of three felony counts of writing bad checks. Clark County prosecutors say he failed to make good on 10 checks totaling $1 million to Caesars Palace, Planet Hollywood and the Red Rock Resort.

Walker has repaid $178,000 of the debts that were incurred from last July to January.

Walker was released from jail after posting $135,000 cash bail.

Hoopsvibe points out that Walker should be paid in full.

A source close to the negotiations said Walker received roughly 95 percent of what remains on his $9.3 million salary. The Griz still maintain financial flexibility for trades and free-agent spending with Walker’s salary due to be subtracted from their salary-cap figure next summer.

Here is a dude that got a check for not playing AND got to move on to a new team.  But, with his lack of dedication to his craft, he is going to be washed out of the league and the checks are going to stop rolling in.  BTW,  why in the hell are you in Lake Tahoe, gambling, when you should be working out and trying to get your bills paid?

This is very lucky for Antoine that he is not in old Vegas.  Trying to skip on a marker in the old days would have you kneecapped or killed.

This is how they snatch you up...You think that they are your friends, but they only want your money...

This is how they snatch you up...You think that they are your friends, but they only want your money...

Its all about the money.  Friendships are built on money.  But, nothing gets in the way of the money.  I got my mind on my money and money on my mind…You know Big Worm…money, emotions…then death.

Toine, this could have been you...Thank your lucky stars that we are a little more civilized..

Toine, this could have been you...Thank your lucky stars that we are a little more civilized..

You won’t be missed Toine…Vegas always has people who can gamble responsible and still have a good time.

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