Antoine Walker on D&C: ‘I trusted people that I shouldn’t have trusted’
|06.19.14 at 12:53 pm ET|
Former Celtics power forward Antoine Walker joined Dennis & Callahan on Thursday to discuss the upcoming documentary on his financial struggles: “Gone in an Instant: The Antoine Walker Story.” To listen to the interview, go to the Dennis & Callahan audio on demand page.
The documentary, which is scheduled to be released in August, will chronicle the rise and fall of Walker’s career and his nine-figure fortune. Walker stated that he chose to do this documentary both in order to clear the air on some aspects of his financial turmoil as well as instruct young NBA players on how to be responsible with their money.
“I think there were a lot of false things put out there and I wanted an opportunity to get my chance to tell my side of the story the correct way,” Walker said. “I just felt like I was getting misjudged in the public eye, not so much about losing money but how I lost it and what were the things that went on to lose it. More importantly, I’m trying to use it as a learning tool for younger guys that come into the NBA, but also for kids. … I think, as an NBA player, we look at ourselves as a fraternity, so I try to make sure that I can give back and really turn this negative story into a positive.”
A three-time All-Star, Walker earned $108 million in salary during his NBA career. However, a combination of poor investing ventures, gambling and unnecessary purchases, such as a $400,000 Maybach car, led to Walker filing for bankruptcy in 2010.
“It took a while for me,” Walker said. “It took 10-plus years in the league for me to start seeing a little difference in people, let alone my financial changes. I tried to take more risks, as far as investing. I started dipping and dabbing in real estate investments and making things a little bit more difficult than it had to be. I trusted people that I shouldn’t have trusted in. … I think the gambling piece got blown way out of proportion, so I wanted to bring that to light. … People got the wrong impression that I gambled my money away.”
Walker, who played in Boston for eight of his 13 years in the NBA, still has a good relationship with Celtics president of basketball operations Danny Ainge and added that he would like to pursue a career in basketball operations in the near future.
“I think it’s good. I still have good friends that work within the Celtics organization. Me and Danny are fine,” Walker said. “I’ve obviously reached out to Danny to see if I can get into basketball operations of some sort. He’s always called me back and he’s said that he’ll let me know when something becomes available that he feels like I could be a part of, so I appreciate that.
“Over the last couple of years, I’ve been going to the NBA combine and trying to network and get back in, so it’s a process. … Hopefully, after this documentary comes out … this will make the decision a lot easier to get back into the Boston community. At the end of the day, I do want to be in sports in a huge capacity and I would love to be in Boston. That’s the place that’s loved me and took care of me and supported me the most. I played the most years of my career there, so I’d be excited to go back there.”