{"id":256162,"date":"2022-07-30T13:21:40","date_gmt":"2022-07-30T13:21:40","guid":{"rendered":"https:\/\/omni48.com\/news\/ex-nba-player-who-made-60-million-explains-what-really-happens-to-your-money-when-you-sign-an-8-figure-contract"},"modified":"2022-07-30T13:21:40","modified_gmt":"2022-07-30T13:21:40","slug":"ex-nba-player-who-made-60-million-explains-what-really-happens-to-your-money-when-you-sign-an-8-figure-contract","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/ex-nba-player-who-made-60-million-explains-what-really-happens-to-your-money-when-you-sign-an-8-figure-contract","title":{"rendered":"Ex-NBA player who made $60 million explains what really happens to your money when you sign an 8-figure contract"},"content":{"rendered":"<p>Getty Images Josh Childress is a former NBA player who has made more than $60 million in his career after graduating from Stanford. Childress avoided the financial problems that some other athletes have faced. Childress explains that a big mistake players make is overestimating how much they actually get paid. Josh Childress, a former NBA player who has made more than $60 million in his career after graduating from Stanford, is now playing professionally in Australia. During an interview with Grit Media , Childress was asked how professional athletes go broke. Even though he&#8217;s making less money now than when he played in the NBA, Childress says he has been able to avoid the financial problems that some other athletes have faced . Childress, who was the sixth pick of the 2004 NBA Draft and signed a four-year rookie contract worth $11.7 million, says the first mistake athletes make is overestimating how much money they have. &#8220;The first mistake is,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former NBA player Josh Childress made more than $60 million in his career and was able to avoid the financial problems others face.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-256162","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/256162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=256162"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/256162\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=256162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=256162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=256162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}