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Andre Iguodala says Warriors locker room talk about investing; he discusses money, wealth

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What is most NBA locker room talk like? Exactly what you think most talk is about with 20-something men: there’s plenty of trash talk, with other topics being women, cars, Fortnite, clothes, and, occasionally, their jobs.

However, things can be a little different in the Golden State Warriors locker room, as Andre Iguodala told Wealthsimple in an exclusive interview.

A number of my Warriors teammates — Stephen Curry, Draymond Green, JaVale McGee — are into investing and tech. But we never look at it as a competition. We inform each other of what’s going on. We have a lot of conversations. I learn something from all of those guys. Steph was having a conversation about net neutrality one day, and I wasn’t as caught up on it. He got started on it, and I was locked in, because he did his homework!

“That’s our locker room talk. We have free agents come to our team, and the first day the guy is walking in like, “What do you know about this business?”

We know the pro athlete stereotype: An alpha male making and spending a lot of money who will be broke three years after he is out of the league — and some players live up to that stereotype. However, there are a lot of players who are smart about their money. Players, especially ones who stick in the league longer than a handful of seasons, start to think long-term about how they can set up not just themselves but their children and grandchildren with the money they earn.

Iguodala is one of those guys. In this interview for the Website of the investing tool WealthSimple, Iguodala talks about the evolution of his thinking about money, wealth, and responsibility.

“I wasn’t thinking about all the money, the cars, jewelry (when he came into the league). I’d never seen that before, so I wasn’t looking for it. My first contract was for four years, $9 million. I think the fourth year was a team option, so if you don’t improve over the first three years, then they can cut you — so, really, three years, $7 million. You get an advance over the summer, and just before the draft, you get an advance for trading cards and an advance for a shoe contract. I remember a loan agency floating me until I got the advances. They sent me a check for $25,000. I think I just went to Niketown and bought a whole bunch of pairs of Jordans. I spent like two or three grand and it felt like I spent a million dollars. I didn’t know how to spend money. And it was so early that there wasn’t enough money to go buy a car, you know? I was happy where I was at….

“I had a few veterans who were really smart with their money (who were mentors). I mean, they had nice contracts, but in the scheme of the NBA, they were on the lower end. I asked a lot of questions, and they got me into good habits early. I think it’s always important for young athletes to position themselves with the veterans who are professionally and financially savvy.

“One of my favorite conversations was with Elton Brand, who had two or three max contracts. He talked about black wealth. He talked about Oprah’s situation, Will Smith — African Americans who created a lot of wealth. There aren’t too many of us. There are only 23 billionaires that are African Americans. It wasn’t like he was trying to teach me a lesson: Make sure you do this, make sure you do that. It was more like: You know how hard it is to have wealth. Period. And then how hard it is to be African American with wealth?

A lot of players see that as a responsibility — to take advantage of their financial opportunity (and to give back to the community).

The interview is worth reading and includes Iguodala’s business partner Rudy Cline-Thomas, who talks about their investing strategy and how they don’t go targeting basketball-related ventures or things where Iguodala is the pitchman. The goal is much bigger than that. They look for certain kinds of start-ups, knowing that there will be misses but also hits that really pay off. It’s a process.

And it’s something more and more players take seriously.

NBA players, fans react to Damian Lillard’s series-ending shot

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Damian Lillard is the best Portland Trail Blazers player of all time. We’ve established that, it’s time to move on.

Lillard hit yet another game-winning, series-ending shot in the playoffs on Tuesday night as the Blazers beat the Oklahoma City Thunder in Game 5 at Moda Center, 118-115.

Lillard hit a step-back 37-foot 3-point shot over Paul George to win the series at the buzzer. It was reminiscent of the shot Lillard hit in 2014 over Chandler Parsons to beat the Houston Rockets and send Portland to the second round.

Of course the league was watching as the game went down this track too late into the night on the West coast, and early in the morning on the East.

After Lillard hit the shot, NBA Twitter left into action. NBA players who were awake reacted as well, including Parsons, who was cavalier about the whole thing.

What an incredible night in the NBA.

Damian Lillard did it again

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Damian Lillard did it again.

On Tuesday night when the Portland Trail Blazers needed him most, Lillard came through. Things were tight between Portland the Oklahoma City Thunder late in Game 5 at Moda Center. Both Russell Westbrook and Paul George played with five fouls in the fourth quarter, and after an explosive first half where Lillard scored 34 points, things had slowed for Portland.

In the second half, Westbrook played the part of the bully against CJ McCollum, and George was fantastic, eventually scoring 36 points with nine rebounds and three assists.

But things seemed to turn around when Jusuf Nurkic, out with a broken leg, returned to the Blazers bench with three-and-a-half minutes left and Portland down by eight. Nurkic said he left his house with a few minutes to go in the third quarter, anticipating his team could use his good spirits. Indeed, Nurkic’s presence seemed to fuel Portland. When Nurkic showed up, the home team immediately went on an 8-0 run.

Then, Lillard did what he does best.

After hitting the two-for-one shot with 32 seconds left, Lillard found himself with the ball, the game tied, and the shot clock off. As time ticked down and with the game on the line, Lillard hit the biggest shot of the night, right as time expired.

It was the shot that won the series.

You wouldn’t be mistaken if you equated Tuesday night’s big shot to the one Lillard hit in 2013 to beat the Houston Rockets and send Portland into the second round of the playoffs. In fact, I was at that game and I can tell you it was a defining moment for the franchise over the past half-decade.

But this was so much more.

Lillard’s shot to beat the Thunder solidified several things, both about the team and about the star guard himself. The Blazers have been a squad that have relied on its bench and supporting cast all season long, even more so with Nurkic out with a broken leg. But when the Thunder played perhaps one of their best games of the postseason, it was Lillard’s 50-point performance that moved them forward.

Portland is a team’s team, but in the end, it was their star that they needed.

There’s no doubt that Portland and Lillard have had it their fair share of doubters over the past several years. The idea that they could — or should — have a team built on the backs of Lillard and McCollum has raised the eyebrows of many, including myself. But externally, and particularly after their playoff sweep at the hands of the New Orleans Pelicans last season, it appeared most were ready to write off this team altogether.

But this playoff series, and this team, is different. They’ve been different all season long, right down to the rotations and flexibility that head coach Terry Stotts has enabled this season. Stotts has gone deeper into his bench, and altered his Flow offense in a way that is helped Portland stay fresh after years of running the same old song and dance.

Guys like Jake Layman, Seth Curry, Zach Collins, and Enes Kanter have all stepped up over the course of the season to be able to contribute to a squad that is needed more than just Lillard and McCollum.

To that end, Portland rose again and again to the challenge. Despite some of their losses, the Thunder gave numerous gut punches to the Blazers that would have seen previous iterations of this team fold. But Portland has been stronger, both as a unit and as Lillard has solidified himself as a more complete two-way player.

The idea that Lillard came back stronger and as more of a leader, ready for adversity, is not a supposition. At this point, it’s fact. You can see how the rest of the team has banded behind him in support of his path forward. Hell, Kanter told reporters after the game on Tuesday that he separated his shoulder and had to have an injection at halftime. That’s how bad these Blazers wanted to win, and how much they wanted to push not just for themselves, but for Lillard.

Thanks to Lillard’s shot (and McCollum’s jumpers, and Maurice Harkless’ free throws) Portland beat the Thunder, 118-115. They advance to the second round, and Rip City will be buzzing all week long. They deserve it, and they’ll be real contenders to challenge for a Western Conference Finals berth.

But where does that leave us when we think about Lillard, and these Blazers? If his famous “0.9” shot from 2014 was the thing that put him on the map, Tuesday’s 37-foot step-back jumper over George was the thing that made Lillard a legend.

The impossibility of that jumper — and the sheer gal to take it — is what makes Damian Lillard who he is.

The greatest Blazer of all-time.

Nuggets have figured out Spurs, how to win, dominate Game 5 to take 3-2 lead

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The coach who made the adjustment that changed the series is not the Olympic team coach, not the “why isn’t he in the Hall of Fame already guy. Instead, it’s Michael Malone. He has been the Bobby Fischer.

Malone’s adjustment: Starting Torrey Craig. Exactly the move everyone expected before the series.

Defensively, Craig has used his length to slow DeMar DeRozan (as much as anyone is going to), while Gary Harris could focus on the young Derrick White and Jamal Murray could hide on Bryn Forbes.

Craig was supposed to drag down the Nuggets offense too much to play him, but he was 5-of-7 from three in Game 4, and in Game 5 it didn’t matter because the San Antonio had no answer for the Jamal Murray/Nikola Jokic pick-and-roll.

The result was a 108-90 Denver thumping of the Spurs, giving them a 3-2 series lead. Closing out the Spurs in San Antonio will be a tall order, but a Denver team that came into the series needing to learn how to win at playoff basketball looks like a team that has figured it out.

“They just outplayed us in every facet of the game,” Gregg Popovich said succinctly.

Murray had 23 points on 9-of-16 shooting, plus dished out seven assists and was +33 on the night.

Murry and Jokic have developed a tremendous pick-and-roll chemistry that leads to easy buckets off cuts, rolls, or open threes. Jokic is going to be good — 16 points, 11 rebounds, 8 assists — but when Murray is hitting shots too the duo is nearly impossible to stop.

More important than the offense has been how Denver has started to defend the Spurs well — something Craig helped bring to the table. The Nuggets were stepping in and blowing up pick-and-rolls, forcing the Spurs into dry stretches of offense that allowed Denver to pull away.

The Spurs at home cannot be written off, but their role players need to make more plays — LaMarcus Aldridge and DeMar DeRozan each had 17 points, but the rest of the Spurs shot 38.7 percent on the night. Against this Denver offense, that’s not going to be good enough. Denver has figured out what it needs to do to win, the ball is in the Spurs court to adapt. And just make shots.

A bunch of players got ejected at the end of Sixers-Nets (VIDEO)

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The Philadelphia 76ers are moving on to the second round. They beat the Brooklyn Nets on Tuesday, 122-100. They will meet in the Toronto Raptors in the next series after Kawhi Leonard & Co. took care of the Orlando Magic earlier in the evening.

Brooklyn was a spunky team, and they gave the Sixers some headaches. They also exposed some of Philadelphia’s more obvious flaws, which we will no doubt see Toronto try to exploit moving forward.

The Nets are a prideful team, and they weren’t too pleased about getting bumped out of the playoffs by Philadelphia. At the end of the game, a scuffle between Jonah Bolden and Rodions Kurucs resulted in the ejections of several players.

Via Twitter:

Greg Monroe and Dzanan Musa were also ejected.

It’s a bummer of a way to end the year for Brooklyn, but they should hold their heads high given they gave a championship-hopeful team in the Sixers a scare and cast some serious self-doubt in their hearts.