Alex Rodriguez helping former Hawk rebound after losing $61 million fortune
Former NBA player and Atlanta Hawk Joe Smith lost his $61 million fortune and now owes over $150,000, according to CNBC.
Smith was the No. 1 overall pick in the 1995 NBA Draft. He signed a one-year deal with Atlanta in August 2009, and then, Atlanta was Smith's 10th NBA team. His 16-year, 11-team NBA career ended in 2011.
With the help of former New York Yankee Alex Rodriguez, the former Atlanta player hopes to increase his revenue and decrease his spending.
How a former NBA No. 1 draft pick blew a $61 million fortune and now owes six figures | @kathleen_elk
— Washington News Line (@WashNewsLine) March 24, 2018
Alex Rodriguez gets this first round #NBA draft pick back on his feet after losing his $61 million fortune
Former NBA No. 1 draft pick Joe Smith @CNBChttps://t.co/dtmBjFWoj2 pic.twitter.com/MmE8Vl3rPf
Rodriguez helped Smith revamp his basketball coaching business, convinced Smith to downsize his home, and came up with a spending breakdown, according to the article.
You can read the full story here.
