CJ McCollum Claims Almost A Third Of NBA Living Paycheck To Paycheck

McCollum also talked about the way he has prepared his finances in case something happened like a natural disaster, global pandemic, etc..

“I think a lot of guys are going to be hurting, especially people on minimums, or people that didn’t just budget correctly and didn’t expect this to happen. Maybe they loaned money or paid money to family. Maybe they’re taking care of multiple people and now there’s a work stoppage and for a lot of people in America.

I would say out of 450 players, 150 probably are living paycheck to paycheck.”

When Williams asked McCollum about his plan, the star guard responded with the fact that he had been “strategically investing.”

“I have been strategically investing. Diversifying my portfolio. Learning more about other ventures and things of interest to where I am stable even though the market has been terrible. I’ve diversified enough where it doesn’t really hurt me.

Other people need to be forward thinkers. Not just basketball players. Not just people in the sports world. But people in general.

Life happens fast. You have to have a Plan B, a backup plan and really figure out a way to have different avenues of income and just avenues of happiness. That is what is really important, being at peace and having that happiness.”