Professional basketball player Ben Simmons has an incredibly successful career, but reports now indicate that the 25-year-old’s absence could turn into a financial problem.
Several outlets have reported that the athlete is in the process of “going bankrupt,” but what is Simmons’ overall net worth? We destroy everything.
Why would Ben Simmons be “going bankrupt”?
HotNewHipHop reports that reporter Howard Eskin suspected Ben Simmons of “going bankrupt.”
The same outlet Eskin explained: âSomeone very reliable told me he could be sidelined, broke.
âThe cash flow has collapsed. Because he is losing so much money, but he has spent so much money.
Ben Simmons’ financial situation has not been commented on by Simmons himself or anyone affiliated with him.
If the basketball player is Experiencing “cash flow issues,” Sports Rush suggests that Simmons’ recent lack of games, along with his lavish lifestyle, could be contributing factors. The same outlet reports that the 25-year-old could lose more than $ 20 million this season if he continues to be absent.
Ben Simmons’ net worth explored
According to Essentially Sports, Ben Simmons’ estimated net worth is $ 6 million, considering his successful basketball career.
The Australian initially signed a rookie-level contract with the Sixers in 2016, before a contract extension. Wtfoot reports that Simmons could earn a hefty annual salary of up to $ 33 million.
The basketball player’s contract explained
Serving as a point guard for the Philadelphia 76ers, the pro signed a five-year, $ 177 million contract with the Sixers during the 2019-20 season.
Apparently, Simmons has already made around $ 90 million from the contract.
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