Allen Crabbe Says Athletes Make so Much Money, 'Crazy' to Hear They Go Broke

Timothy Rapp@@TRappaRTFeatured ColumnistJuly 8, 2018

Brooklyn Nets guard Allen Crabbe (33) runs down court during the first half of an NBA basketball game against the Chicago Bulls, Monday, April 9, 2018, in New York. Crabbe had 41 points in the Nets 114-105 victory over the Bulls. (AP Photo/Kathy Willens)
Kathy Willens/Associated Press

Brooklyn Nets shooting guard Allen Crabbe is entering the third year of his four-year, $74.8 million contract. And he told TMZ Sports it's hard to imagine professional athletes going broke when they can make that type of money.

"As athletes, we make so much money. And I'm not the one to go spend it on five cars and three houses," he noted. "Really, you can't even use all that stuff. You can't even use all this money, so it's crazy to hear stories about players going broke, because it's so much money that we can make in our careers. It's like, 'How did you just blow all of it?'"

Crabbe also spoke to TMZ Sports about a donation he made to the Frederick K.C. Price III Christian School in Los Angeles, keeping the institution from having to shut down.

The Nets guard isn't just an alum of the school—his grandfather, Frederick K.C. Price, was the founder of the institution, according to Law Murray of ESPN.com. When his aunt and mother explained the school wasn't receiving the donations it needed to stay afloat, Crabbe stepped in:

"I was just doing something from the heart, something to help my family. I still have little cousins, I have a nephew who goes there, and just to see how long the school has been going on, you didn't want to see the doors close. So me, being blessed with the platform that I have and with the contract that I have, I wanted to help out the school. And I'm glad that I was able to give the donation."

Crabbe went to the University of California after attending Price. He started his NBA career with the Trail Blazers (originally drafted by the Cavs) before being traded to the Nets last summer. The Nets had previously signed Crabbe to an offer sheet in July 2016, though the Blazers matched and retained the shooting guard at the time.

This past season for the Nets, Crabbe averaged 13.2 points and 4.3 rebounds per game while shooting 37.8 percent from three.