Kyle Kuzma Says Players Waste Money and Should Save Instead
Kyle Kuzma, a forward for the Milwaukee Bucks, made headlines with a blunt message about how many NBA stars spend huge amounts on cars and luxury items. He pointed out that a player who earns $40 million after taxes still has that amount, and the problem is not the tax system but personal spending habits.
Fans React
Kuzma’s post struck a nerve with fans who are tired of seeing wealthy athletes complain about taxes while still buying extravagant things. One fan noted that ordinary people also face high taxes and expenses, to which Kuzma replied that athletes must be realistic about how they use their money.
The Context
The comments came after CJ McCollum talked about his first million dollars. McCollum said he once earned $2 million, but after taxes and fees it was much less. He explained how he lived on a small energy‑drink deal until he could get paid for the season. Fans felt McCollum’s story was out of touch, and many sided with Kuzma.
Other Voices
- Shaquille O’Neal shared his experience with high taxes and now teaches financial literacy to young athletes.
- Giannis Antetokounmpo has also spoken about the short life of an NBA career.
Kuzma’s Own Example
Kuzma himself shows how money can be managed wisely. He signed a $102 million contract with the Wizards in 2023, and now earns about $20–22 million a year with the Bucks. Over nine seasons he has earned more than $107 million in total contracts.
Instead of buying cars that lose value, he invests in companies like a men’s skincare brand and other tech ventures.
He still buys some high‑end cars, watches, and grooming products, but he is not in debt. By sharing his approach to saving and investing, Kuzma challenges the idea that NBA players must spend lavishly.