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Evander Kane is bankrupt


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It’s been proven time and again that many people who have never had a lot of money, and suddenly have a large amount of it, blow it. There’s also your Bryan Berards who just flat out trust the wrong people and get ripped off. 
 

This includes not only athletes, but also lottery winners and people who receive a nice inheritance. 
 

Shoot, even the NHL was an inch away from giving the keys to a franchise to a Joe Blow scammer. 

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1 hour ago, Weave said:

Tons of judging here.  7 dependents might well be his mother, siblings, their children, his wife and child. If I remember correctly he grew up poor.  He may feel obligated to keep them out of where they came from.

The gambling, obviously, is a huge problem if you’re in the hole.  How many folks with addictions on this site?

It’s not judging, but professional experience.

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1 hour ago, Weave said:

Tons of judging here.  7 dependents might well be his mother, siblings, their children, his wife and child. If I remember correctly he grew up poor.  He may feel obligated to keep them out of where they came from.

The gambling, obviously, is a huge problem if you’re in the hole.  How many folks with addictions on this site?

From The Athletic:  The petition also listed seven dependents, all as living with him: his 6-month-old daughter, his sister, 27, his uncle, 54, his mother, 55, another uncle, 59, his father, 60, and his grandmother, 77.

It seems obvious that, beyond providing for these 7, there was some heavy discretionary spending going on, but I'm not getting into that.

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11 hours ago, Eleven said:

From The Athletic:  The petition also listed seven dependents, all as living with him: his 6-month-old daughter, his sister, 27, his uncle, 54, his mother, 55, another uncle, 59, his father, 60, and his grandmother, 77.

It seems obvious that, beyond providing for these 7, there was some heavy discretionary spending going on, but I'm not getting into that.

No wife listed as a dependent?  I thought he was recently married. 
 

Some athletes grow up poor and never get the advice (or example) they need to handle the salaries they get. The Bills provide help to their rookie class that include financial planning services - this might be part of NFL compliance.  
 

So there is knowledge and advising/mentoring that is lacking and there are lifestyle choices he made that have hurt him.  Extravagance, legal issues, gambling dependence all contribute but at the root is he probably never had the mentoring and advice needed to handle all that money.  

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12 minutes ago, Pimlach said:

No wife listed as a dependent?  I thought he was recently married. 

Not according to The Athletic article, anyway.  And I too recall that he was married and that they suffered a miscarriage.

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I read that with his current salary, he is negative 93000 per month. That is more than most people make in 1 year.

As i said before, hopefully he gets it squared away and turns his life around. that number though is shocking 

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