Joba C...

HBK4life

Nebraska Football Hall of Fame
Jan 24, 2004
17,985
16,415
113
North of Lincoln South of Heaven
Bar closed. House and possessions being auctioned off this Sat. 11 year MLB career earnings and broke. Bought house for 1.1 mill. Still owed bank 900k. Sad.
 
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tpmcg

Offensive Coordinator
Mar 25, 2002
9,239
1,719
113
Yes, it is sad. I don't see how these people piss all that money away.
its hard to imagine that someone cant squirrel away a few hundred grand or for some, much more.
but, very sad.
 

HBK4life

Nebraska Football Hall of Fame
Jan 24, 2004
17,985
16,415
113
North of Lincoln South of Heaven
I'm a broke mutha. I'm not better than anyone else. But... if I was given that kind of moolah, you can bet that I would set X amount aside for some residual income. Blow the rest if you want, but set yourself up for life first.
Pure stupidity to piss away that kind of cash. They have awareness seminars in NFL, MLB and NBA of stories like his and what not to do. But yet most of these boneheads still buy Mercedes and sports bars and end up bankrupt. No sympathy.
 
Aug 1, 2002
2,313
554
113
Look, many highly paid athletes cannot accept themselves as wealthy individuals. They find all kinds of ways to separate themselves from their money. They know poverty and gravitate back there. It’s really a shame.
 

mkbrkloster

Junior
Jan 27, 2005
1,824
614
113
I'm a broke mutha. I'm not better than anyone else. But... if I was given that kind of moolah, you can bet that I would set X amount aside for some residual income. Blow the rest if you want, but set yourself up for life first.
That's not how it typically works. Generally, if someone can't handle their money at their current income level, they can't handle money at a higher income level.
 

dinglefritz

College Football Hall of Fame
Jan 14, 2011
23,664
17,021
113
Yes, it is sad. I don't see how these people piss all that money away.
Well owning a bar then having it shut down by COVID is a good start on "pissing away" away your money. Remember also what city he was paid most of his baseball money in. He might have ended up with half of his earnings when it was all said and done. That doesn't end up going very far for very long. He should still have a baseball pension to fall back on which in his case should still be a pretty nice guaranteed check for life.
 

RedCap

Nebraska Legend
Sep 29, 2001
71,358
14,287
113
Bar closed. House and possessions being auctioned off this Sat. 11 year MLB career earnings and broke. Bought house for 1.1 mill. Still owed bank 900k. Sad.
He's not the first big bucks earner to piss it all away. Rags to riches and then back to rags.
 

JohnRossEwing

Offensive Coordinator
Jul 4, 2013
9,239
6,962
113
Man, he made 13 million dollars. So even after agents and taxes say he cleared 6 million.

Take a million of that, but 5-6 duplexes in Lincoln (since he knows the area). Rent out each side for 1,000 a month.
 

litespeedhuskerfan

Nebraska Football Hall of Fame
Aug 27, 2006
17,848
8,829
113
Mike Tyson blew a lot more than Jaba. Blows my mind and proof that no matter how much some people make, it's never enough.
 
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Kleitusbpn

Redshirt Freshman
Apr 27, 2008
809
325
63
He's still got his mlb pension. Pretty nice chunk of change every year too.

He will be fine after the dust settles on this.
 
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mgbreis

Senior
Dec 16, 2004
2,393
3,629
113
Well owning a bar then having it shut down by COVID is a good start on "pissing away" away your money. Remember also what city he was paid most of his baseball money in. He might have ended up with half of his earnings when it was all said and done. That doesn't end up going very far for very long. He should still have a baseball pension to fall back on which in his case should still be a pretty nice guaranteed check for life.
Owning a bar in the first place is a problem. Let's just say he oughta be in the meetings in the church basement, not running a bar.
 
Oct 6, 2018
372
341
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When I read that Roby is out for health issues again...and is only guaranteed for 20/21....money is what I thought of. Hope he banked some of that initial money. Might be a good time to finish that degree!
 

drubendall

Redshirt Freshman
Apr 18, 2004
500
719
93
Owning a bar in the first place is a problem. Let's just say he oughta be in the meetings in the church basement, not running a bar.
He's probably seen the movie Roadhouse a few times and thought what a great life
 

Champs 70-71-94-95-97

Redshirt Freshman
Aug 17, 2010
600
310
63
I got to know Joba a little bit back when he first got signed. He was just a kid when he became a millionaire overnight. He spent money, but didn't necessarily throw it away at first. He had people coming at him left and right for handouts. He put his sister in charge of the money, and she was ferocious, but it may have been too late by then.

He made a lot of mistakes for sure, combined with bad luck..
 

EVHUSKER

Sophomore
Gold Member
May 29, 2001
1,133
432
83
I'm a broke mutha. I'm not better than anyone else. But... if I was given that kind of moolah, you can bet that I would set X amount aside for some residual income. Blow the rest if you want, but set yourself up for life first.
We would all like to think that, but few do.
 

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