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haroldsnepsts

Member Since 11 Feb 2004
Online Last Active Today, 10:32 PM
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#2550207 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 01:45 PM

Again, I had to idea that the point of contention had turned into either A) he's a victim of his s***ty parents, or B) a fool and his money are soon parted. 

 

Couldn't it be both?

 

I guess. I think we've sufficiently beaten this to death for a player I don't care about, but..

 

For me I think the distinction was that he was foolish, but naive and trusting of his parents.  I'm a lot more sympathetic to that than to someone who blew it all on houses, cars, drugs, etc.  




#2550202 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 01:33 PM

 

And I don't understand the need to coddle adults instead of expecting them to make intelligent decisions for themselves.  I was responsible for a squad of five other guys in Baghdad, Iraq when I was 20 years old.  I guess I just don't have a ton of sympathy for a guy who's not smart enough by the age of 25 to hire an accountant.

 

Then again, that's all a matter of perspective.

 

Coddling him?   I don't know the guy.  It's not like by me expressing sympathy on an internet forum he's somehow not going to learn his lesson and lose millions more.  I just don't hate him for his mistake  (Though honestly as a player I've never really liked him. I thought he was overhyped since his days at U of M). 

 

 

I'm just saying my response is "that sucks the dude got ripped of by his parents" rather than "what an idiot! He gets what he deserves!"  

 

Naive or not, that's a pretty crappy thing to have your parents do that to you.  




#2550178 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 12:45 PM

 

I'm not so sure why it's so hard for you to pick up on the fact that if you want your money to be safe you should give it to professionals. 

 

Also, 25 isn't that young or naive.  Stop acting like he's a child star or something. 

 

By age 25 Mark Zuckerberg was a billionaire.  And you know what he probably didn't do?  Give access to that money to his parents.  Because he's not an idiot. 

 

Mark Zuckerberg is hardly a typical example of a 25 year old, so that analogy means nothing. 

 

Actually, Jack Johnson isn't that different from a child star given how athletes are often treated when they excel at a young age.  I'm just saying I can understand not knowing who to trust, so you trust your mom to figure it out for you.  I don't feel the need to call someone an idiot for that. Naive maybe.  I just don't understand the angry reaction people have to a dude who got ripped off by his parents. 




#2550174 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 12:37 PM

 

Why does she even have that kind of access to his money?  I'm not saying he wasn't taken advantage of.  I'm saying dumb people are the easiest to take advantage of.  You can be stupid, and a victim at the same time. 

 

Also, not a week goes by that you don't hear about some parent taking out credit cards in their kids' names, mishandling their money, etc. etc. etc.  It's not uncommon.  And while I'm sure that it has happend, I doubt seriously that some joker at a reputable accounting firm, heavily regulated by the SEC and internally regulated by their desire to not lose million dollar accounts, is using his clients' money to buy houses and then claiming it was inheritance. 

 

To answer your question, I guess I'd trust...Pat Brisson.  The agent he stupidly fired, but who nevertheless seems to managing Crosby, Kane, and Toews just fine.  Johnson was duped, in large part because he's dumb, and easily duped it seems. 

Easily duped.  By his parents.   

 

His parents bought the house because they had power of attorney.  And the SEC hasn't exactly done a great job of protecting the US economy, let alone one guy.

 

I do agree that firing his agent and not replacing him was a giant mistake.  His parents, teammates, friends all should've been pointing that out to him.  He sounds naive.  I guess I just don't judge a 25 year old kid in that situation harshly for trusting his parents.  It'd be a different story if he blew it all himself on houses, cars, etc. 




#2550170 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 12:26 PM

 

They shouldn't have been handling his money in the first place.  I'm not sure why that's so hard for people to pick up on.  Do any of you have a joint bank account with your parents?  Do any of you let your parents buy things in your name, or with your money?  When was the last time you looked at your bank account and thought "hmmm, mom didn't spend as much as I thought she would?".  Never?  That's because only stupid people let others (including their parents) spend their money. 

 

You are assuming he expected them to make the financial transactions themselves, versus them being the ones to go out and find financial advisors to handle his money.  

 

He was a 25 year old who just signed a contract for 30 million dollars, which isn't quite the same situation as having your parents on your checking account.  It's a tremendous amount of money and people start coming out of the woodwork to get a piece of it.  So he put it in the hands of people he trusted while he went out and earned it.  I'd venture to guess he's not the only pro athlete who's done this and most of the time it works out.

 

I'm not sure why that's so hard for you to pick up on.




#2550163 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 12:20 PM

 

The last person I'd trust to handle my multi-million dollar estate is my mother too.  She's a secretary.  No matter how much I love her that doesn't make her capable of handling millions of dollars in assets intelligently or responsibly.  I know this.  Jack Johnson, however, doesn't.  That's why he's an idiot. 

 

NOTE TO ALL PROFESSIONAL ATHLETES:

Hire professionals to take care of your money.  You wouldn't let your parents repair your car, fill your cavities, or install your water heater.  Why would you let them handle your millions of dollars in wealth?

 

 

It's not like he gave the money to his mom and said "go play the stock market."  According to one source she did things like bought a house in Manhattan beach with his money, then lied to him saying they paid for it with a relative's inheritance. 


So it's not just about ignorance of handling money and more about his parents completely taking advantage of him and not looking out for his best interests.

 

Obviously in hindsight he should've found a financial adviser, but I can imagine being 25 years old, who just signed this giant contract.  There's people all around you licking their chops to get at that money and take advantage of you, so who do you trust?  You just don't expect it to be your parents.  




#2550146 CBJ's Jack Johnson files for bankruptcy

Posted by haroldsnepsts on 20 November 2014 - 12:05 PM

He's an idiot? Really?

I can't speak for anyone else, but the last person in this world I'd expect to screw me over financially is my mother. It's one thing to be awful with money, but what they did with his money goes beyond being financially irresponsible - they milked the **** out of him. They treated him like a cash cow and ran his debt into the ground. The amount they spent/lost has more to do with their greed and taking advantage of a situation than it does with making smart decisions. Disgusting on their part.

 

 

Agreed. 

 

When I first saw the headline I thought "what a moron."  But reading more about it and hearing what his parents did puts  it in a whole different light for me. 

 

I guess you can blame him for being naive and not picking up on the problem earlier, but it's his friggin parents.  The guy is likely busy playing hockey and trusting that his mother will be handling things and looking out for his best interests. 

 

Not having an agent didn't help.  Agents are often evil, but a necessary one in the entertainment business. 




#2550083 Smith and Ericcsson?

Posted by haroldsnepsts on 19 November 2014 - 09:46 PM

For those of us who didn't catch the game.  Not much of a fight but you can see Smith holding his hand immediately afterwards. 

 




#2550069 Smith and Ericcsson?

Posted by haroldsnepsts on 19 November 2014 - 08:10 PM

Hockey equipment is filthy and I can't imagine putting his hand back in a sweaty glove helped the situation. 

 

Agreed, but you'd think they would've cleaned it and covered it after the fight.  

 

It seems a little odd an infection shows up that fast.  

 

I'm really starting to wonder about the Wings training staff. 




#2550029 Smith and Ericcsson?

Posted by haroldsnepsts on 19 November 2014 - 02:18 PM

 Ansar Khan retweeted

Brendan Smith has had infection from fight last night. Won't make trip to Winnipeg. Could meet team in Toronto. #RedWings




#2549739 Forsberg in HOF, Fedorov equal?

Posted by haroldsnepsts on 18 November 2014 - 06:07 PM

IMO, the 2015 class locks are Lidstrom, Pronger (deemed eligible today) and Fedorov. Feds had the numbers, a Hart Trophy and 3 cups. That's a heck of a resume.

 

A Pearson and a couple Selke's too. 




#2549185 Malkin hit on Girardi

Posted by haroldsnepsts on 16 November 2014 - 11:47 AM

You know if it happened after only big hits I wouldn't have that much of a problem with it but as it stands now it happens after every kind of hit.

 

Agreed.  There was a time when players accepted that hockey is a tough sport and they might have a teammate get caught with a clean hard hit.  They'd just take a number and get that guy back.  Or the hitting in the game overall would increase. 

 

There were always the few star players who were protected, like Gretzky and Yzerman, but there wasn't all this fighting after clean hard hits.  The point is to separate the guy from the puck and take advantage of that.  By dropping the gloves immediately the team often negates that advantage.  The player starting a fight after a hit like that should always get an extra 2 and maybe even a 10 minute misconduct.  Especially considering it's often more of a mugging than a fight.

 

For as much as people complain about the league taking hitting out of the game, players fighting after clean hits tries to do the same thing. Hitting is part of the game.  Take a number and play on. 

 

To be clear, I'm not talking about the Wing's habit of standing around when one of their players has obviously been cheapshotted.




#2549183 11/14 GDT : Blackhawks 1 at Red Wings 4

Posted by haroldsnepsts on 16 November 2014 - 11:32 AM

Sounds like it might be the doghouse after all?

 

Ansar Khan ‏@AnsarKhanMLive  5m

Only change tonight is Lashoff in for Kindl. Kindl didn't play last 30 minutes on Friday. Babcock declined to say why but he is healthy.

 




#2548847 General discussion for tonight's games

Posted by haroldsnepsts on 14 November 2014 - 03:01 PM

 

Cocky attitude (this isn't the NBA, NFL or soccer!), diver - which seems to plague a lot of habs - for whatever reason.

 

I don't like Lucic and his attitude either but the guy is one of the last true power forwards in the game and when he is on and seeing red extremely fun to watch. Like Degraa mentioned he would look extremely good on Pashas wing. That being said he needs to get his emotions in check that's for sure.

 

Cocky attitude how?  What has he done that's like the NBA or NFL? 

 

As others have pointed out he's generally very well spoken, humble, and has handled some touchy situations with surprising maturity and grace. 

 

 

Meanwhile the other guy has threatened to kill a player in the handshake line and speared multiple players in the nuts.  So....




#2548814 General discussion for tonight's games

Posted by haroldsnepsts on 14 November 2014 - 12:23 PM

And yet he'd still look good and dats wing....

 

No doubt he's a talented player.  One of the few true power forwards left in the game. 

 

Just saying that if we're gonna call one of those two a rat, I'm going with the guy who's run goalies, suckerpunched guys, has repeatedly speared players in the nuts (usually because they gave him a clean hard hit and he couldn't take it), been suspended multiple times, and throws tantrums in the handshake line instead of manning up.