Locker room banter flies all over the conversational map: Clubs/restaurants to first cars to rappers to Fortnite to why Player X never has any lotion and always has to borrow someone else’s.
What doesn’t come up? Money.
That according to Chris Paul, who should know after 14 years in the league and now serving as the players’ union president. He was talking about his campaign to help players become more financially aware and said this to Clevis Murray of The Athletic.
“I think the reason why I’m so passionate about this is because I’m finishing up my 14th year in the NBA, and I’ve been around long enough to realize that guys in our league, we talk about everything in the locker room except for finance, except for money,” he said. “Nobody talks about money, because it’s one of those uncomfortable things.”
It’s a strange dynamic in an NBA locker room because everybody knows what everybody else makes, it’s very public, and that provides a certain measuring stick of worth.
Yet how does one player tell another “man, your entourage is too big, you’re blowing your money.” Players finally making money understandably want to take care of family and close friends, but other people come into their life and things can spiral fast. CP3 says he gets it, and he is working with Joe Smith — who made $60 million in NBA earnings and lost all of it — to help prepare rookies.
The stories of NBA players blowing through their money absolutely happen, but they also are not the majority, and the numbers are shrinking. More and more players are learning to be smarter with their money and set themselves up on some level for life after basketball. Not all, but guys who stick in the league a few years tend to learn. If Paul and the union can come up with ways to reach players at an earlier age and prepare them for what is to come, all the better.