Comments Thread For: Felix Trinidad Hoping To Avoid Losing Everything, Being Bankrupt

[Wizardsh]

how can mayweather not manage his money you ******ed bum? He is richer and has more cash than any boxer on this planet right now and in history of boxing....

Silly ******ed fool a tiger can't change its stripes, Floyd is already on his way to being broke again, no way he maintains his wealth he is to ****** to keep his money

[BOXINGADICT]

silly ******ed fool a tiger can't change its stripes, floyd is already on his way to being broke again, no way he maintains his wealth he is to ****** to keep his money

stop using your delusional imagination too much lmfaoooo.....

[PACnPBFsuck]

That entire island is running dry, damn

[Don Pichardo]

Love Felix as a fighter, he was awesome! That being said I don't feel the least bit sorry for him or other rich athletes who blow thru fortunes that should last multiple lifetimes. need to eat felix? you should have saved some doe now go get a job like the rest of us.

I'm amazed you can write but cannot read.

Tito didn't "blow" his money. He didn't buy 20 bentleys. He didn't have stripped hanging around all day. He didn't have 20 hublots

Tito invested all his money in what is generally common knowledge in the financial world as the safest place to put money. Government bonds. Unfortunately for him Puerto Rico went bankrupt. So went his money. Tito did what prudent millionaires do. Hire financial people to handle their money. His adviser royally ***ed up or was a swindler. I believe the former as private people can't swindle government bonds. The mistake was putting all eggs in one basket. So Tito is suing his advisor for malpractice In essence but is alleging fraud. Tito did the right thing but lost it. That sux for o e of those greatest fighters in history. His adviser should be shot.

[FinitoxDinamita]

I have no sympathy for multi millionaires who go broke.

Im sure Tito isnt really broke like that though.

[ShoulderRoll]

my problem with that statement is this:

what job can tito trinidad get? maybe he's one of the lucky ones who can still remember what he ate each monring, but believe me, whne you're talking about a championship calibre fighter who fought punchers and boxed several hundred rounds as a pro those guys are in the minority. trinidad probalby doesn't have enough mentally to invest and manage his money on his own, so he needs people to assist him.

the only kinds of jobs a lot of these guys qualify for are manual labor. or you can fight again. do you want a genuinely great fighter like trinidad to have to dig ditches until he's 65? or have to fight again in his mid 40's?


yes these guys are dumb and naive, and as adults they're responsible in part for that, but we also have to thin kabout why they're naive, and why they may very well be dumb. they did that for us. when young people are gaining life skills these guys are in gyms and fighting high level amateur or pro. somebody needs to look out for them, because most of them don't have the skills to look after themselves.


i put a ton of responsiblity on managers in boxing for making sure that fighters are taken care of later in life. no, you're not responsible for paying for his dinner, but during your time with the fighter you should be advocating on behalf of the rest of his life, not just a career as a boxer. introduce him to the right people, talk about the right kind of investments, talk about spending and cost, and inflation, and taxes, and depreciation, and try and guide these guys to success down the road and through retirement.


its' not hard to set somebody and his flipping grandkids up with the tens of millions that trinidad made over his career. FFS it's not tough at all. you shoudl ahrdly be touching the principal and living really, really well. people have done much better in retirement than fighters have done for much less.

Government bonds should have been a safe investment.

He just should have diversified his portfolio.

[FinitoxDinamita]

I dont get it when people say that fighters fight for us. That they make sacrifices and put on shows just to entertain the fans.

No they dont. They fight for themselves, for money.

[Fidel456]

Government bonds are no different from regular stock, it's just safer. But not safer in Puerto Rico cause the country is bankrupt. His money went with it

[MoneyKing]

Should of invested his money in tech, much safer then little old Gov bonds.

[alexguiness]

He lost $63 million?

That is quite an achievement...