
Ray Williams reportedly made over $2 million while playing in the NBA from the years 1977 to 1987 and apparently he just could not hang onto the money. He has also gotten about $12,000 in money from the NBA Legends Foundation, which he used to purchase a condo to live in, under a lease-to-own contract that through no fault of his own, was not honored by the widow of the man he made the contract with.
It’s a whole bunch of reasons: bad luck, bad money management, bad choices and bad people in his life that either took advantage of him or did not help him to be responsible for himself.
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