Many friends may not know what the care fund of NBA is for. Literally, it is a fund project set up to care for players. This fund is specially set up for the retirement of NBA players. Simply put, it is to give retired NBA players some care subsidies so that they can live a better life after retirement.
In fact, the establishment of such funds is necessary for the following reasons:
1. Not all NBA players make money.
In everyone's impression, NBA players are very rich. For example, well-known players such as Kobe earn tens of millions or even hundreds of millions every year, but this is only a part of the star players we pay attention to. In fact, most NBA players are not very profitable. In order to play basketball well, some players even live a little cautiously, without much subsidy or salary. Such players are in great need of subsidies from the Care Fund.
2. Life is hard after retirement.
Besides, most NBA players have a hard life after retirement. There is a simple reason. Because they have been focusing on the basketball game NBA at their best age, it is difficult for them to enter other jobs or roles in society, that is, they are out of touch with society. Life will be greatly hindered at this time. Without some funds, some players will even live extremely hard.
3.NBA players live in luxury.
But there's one thing we basically know. Many NBA players who make a lot of money in their careers are very extravagant in life. For example, it is said that Iverson was famous when he was young. After signing some big contracts, he began to spend money lavishly. He never mistreats himself, usually goes in and out of various well-known games, and even is stingy with his friends. It is common to buy cars and houses for each other. How long can such luxury consumption last?