How Spencer Haywood Lost $3 Billion Because Of His Agent

Given the fact that $100,000 was worth a lot more in the 1970s than it is today, his agent advised him to take the money — big mistake.

Today, his 10% stake in Nike would be worth $3,000,000,000. Yes, you read that right, that would be three billion dollars.

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Thanks for reading! Tristan is a Writer for Playmaker HQ who covers all sports. You can follow him on Twitter @TristanMeltonHQ. Stay tuned for future articles.