During his 16 years in the National Basketball Association, Joe Smith played for a total of 12 different teams. The Golden State Warriors, the Minnesota Timberwolves, the Los Angeles Lakers, the Milwaukee Bucks, the Denver Nuggets, the Chicago Bulls, and the Philadelphia 76ers were some of the clubs that he played for during his career. After a one-year tenure with the Lakers, during which he earned a total of $61 million at the end of his career, he decided to retire after the 2010-2011 season. After taking into account taxes, agency fees, and other deductions, he had approximately $18 million in his possession.
A few years into his retirement, Smith stated in a recent interview with Vlad TV that he had only three thousand dollars in his bank account. In addition, he was carrying a significant amount of debt with a few individuals, which amounted to around $157 thousand. His predicament was a significant contributor to his descent into depression, a condition that only served to make his financial situation even more precarious:During the year 2018, Smith appeared in a show on CNBC called “Back in the Game,” which featured Alex Rodriguez, a legendary figure in the sport of baseball. During the premiere episode, Rodriguez played a role in assisting the team that was selected first overall in the 1995 NBA Draft.
Eighteen million dollars was more than the majority of people will ever make in their whole lives. Joe Smith was well on his way to a prosperous life, but he was unable to rein in his spending. One of the most significant errors that Smith made was purchasing a home in each of the cities that he was playing for. It was a terrible financial decision for him to get rid of them when it came time to move on.During his retirement, the basketball player who had previously played for the Denver Nuggets owned a number of high-end automobiles, including a Bentley and a BMW. The financial situation that Smith was experiencing compelled him to perform basketball clinics for ten to fifteen hours each day. In comparison to the amount of money that he and his then-fiancee Kisha Chavis had been spending, the money that he received from that gig was insignificant.
Even before he married Kisha Chavis, Joe Smith was already having a difficult time making ends meet.
In an interview, Kisha Chavis stated that she married Joe Smith because she believed that he would be “great” and that they would “take off.” She also described their relationship as “taking off.” However, before to making the decision to get married, the couple was experiencing a lot of financial difficulties.
When the CNBC show was taped in 2018, it was stated that they were earning approximately $26,000 each year, which is a significant amount of money compared to Smith’s days in the NBA. Their manner of life, which consisted of the aforementioned expensive automobiles and a big property in Atlanta, was estimated to cost roughly $130,000.
During the interview with Vlad TV, Joe Smith asserted that he was left out to dry after the conclusion of the CNBC episode. He was unable to get in touch with the individuals who had said they would assist him in getting back on his feet. The life of the former player for the Detroit Pistons appears to be at an all-time low.In order to assist them with the current financial difficulties, his wife, Kisha Chavis, has created a page on OnlyFans. In the event that Smith does not come up with something fresh, she has no intention of stopping. In the event that the couple is unable to resolve their differences, it is possible that they will end up divorcing.