PEAK SPORTS SALARIES

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Posted on 1st June 2012 by Tampa Gold in Economy

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 http://www.telegraph.co.uk/news/worldnews/northamerica/usa/9303708/NBA-star-DeShawn-Stevenson-installs-cash-machine-in-his-kitchen.html

I think that we are at the precipice of peak sports salaries. We have a failing economy, everyone is broke or they do not have the discretionary cash to attend sports events like in the past. Where the teams are going to get the money to pay those exorbident salaries is a mystery to me. You need steady revenue steams to accomplish that and with the consumer at the end of his rope, that’s not gonna happen.

Deshawn Stevenson….thank you for the eye opening hubris that was professional sports. I predict that you will be broke in less than two years from today.

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For the sports star who has everything there remains one tiresome problem – how do you get hold of your millions without having to leave the house?

Basketball player DeShawn Stevenson has come up with the answer and had a cash machine installed in his own kitchen, next to the toaster.
Stevenson, 31, who has earned more than $26 million so far in a 12-year playing career in the NBA, was so proud of his latest unique accessory that he posed for a photograph with it.
The 6ft 5 ins defensive player, who sports a large tattoo of Abraham Lincoln on his neck, is currently with New York team the Brooklyn Nets.
He previously played for teams in Utah, Orlando, Washington DC and Dallas. He was arrested last year for public intoxication in Texas.
It was not clear whether his free-standing cash machine will charge Stevenson and his friends a fee each time they use it.