Klay Thompson's Daddy is Still in Charge!

[THE HCP]

http://blogs.thescore.com/tbj/2013/...-fight/?utm_source=dlvr.it&utm_medium=twitter

Outside of David West and Lance Stephenson, Tuesday night’s Warriors-Pacers fight was a skirmish between a bunch of the nicest guys in the league. Stephen Curry, Klay Thompson and Roy Hibbert going at it isn’t really “Gladiator,” you know?
I mean, Klay Thompson is such a sweetheart that on top of the $35,000 fine the NBA levied against him, his dad (former NBAer Mychal Thompson) is going to take his allowance away. From ESPN Radio, as transcribed by Believe the Hype:
This was the first time that Klay has ever been fined for an on court indiscretion in his NBA career and the consequences will be more noticeable to him than just the $35K fine. The 23-year-old doesn’t have access to his money, all cheques are paid to Mychal and Julie who take care of his accounts for him to make sure Klay’s financial situation is set up for his post NBA career. So, naturally, Papa Thompson’s going to teach Klay a lesson of his own by fining him personally also, however, Klay will find out the old fashioned way.
“He will [find out he's been fined by us] when he sees that cash envelope show up a little short this week,” he said.
A few things here:
Haha to all of this.
Parents still get mad when their kids get in fights, even when they’re adults.
Getting docked allowance probably won’t help Klay’s reputation as a guy who looks like Cory Matthews on “Boy Meets World.”
Klay Thompson’s parents control his bank account?
To that last question, the answer is yup.
So, if Mychal takes care of Klay’s finances, what does his week-by-week financial situation look like?
“Rent is $3K … Walking around money $300 a week…” Mychal explained. “That’s a lot of money to go to the movies and buy pizza…”
But what if Klay wanted to take a girl out on a nice date?
“Go to Langers in Oakland … Go to the grocery store and get a nice [bottle of wine] for $30…”
What about the corkage fee?
“Sit in the car and drink it.”
Seems like Mychal Thompson is a pretty good dad, except for maybe the part where he tells his son to sit in a car drinking a bottle of wine, which is almost definitely illegal. As a former player who’s been around the league for decades, he knows the struggles that young players often have with their money and he’s taking steps to prevent that from happening to his son. Plus, he seems to realize that if he takes Klay’s allowance away when he gets in fights, he can probably trick him in to not trying to fight guys who are 7-foot-2, weigh nearly 300 pounds and have gone through MMA training. This is just a dad looking out for his son and that’s pretty nice.

 

[jlprk]

If the media's going to make fun of him for it, if I were him, I'd call my lawyer and end this ridiculous financial arrangement. "From now on, send my paycheck to me!"

 

[Rhal]

I actually think this is a good thing. To make fun of a player taking steps to make sure he will be financially secure in the future when so many athletes end up broke is just childish.

 

[porkchopexpress]

I actually think this is a good thing. To make fun of a player taking steps to make sure he will be financially secure in the future when so many athletes end up broke is just childish.

As long as his dad is trust worthy with the money, which I'm guessing he is. So many times it seems it's their "manager" who convinces them into horrible financial decisions.

 

[Run BJM]

lmfao @ "sit in the car and drink it"

As long as his dad is trust worthy with the money, which I'm guessing he is. So many times it seems it's their "manager" who convinces them into horrible financial decisions.

His dad had a long career and I believe still works as an analyst/radio show host for LAL/LA area. Hes not needing for money and he has no reason to fuck his son over. Sounds like hes setting up a variety of investments that will have KT set for life once his career is over.

 

[Boob-No-More]

If the media's going to make fun of him for it, if I were him, I'd call my lawyer and end this ridiculous financial arrangement. "From now on, send my paycheck to me!"

Let them make fun all they want. Something tells me Klay Thompson, with >$50 million in the bank when he retires in his early 30s, will end up getting the last laugh.

BNM

 

[Nikolokolus]

Let them make fun all they want. Something tells me Klay Thompson, with >$50 million in the bank when he retires in his early 30s, will end up getting the last laugh.

BNM

All of this. Let's face it, if Klay really wanted full control of his money, there isn't a court in the world that wouldn't give it to him. I'm not sure if I like the idea of Daddy docking a grown man's "allowance," but I guess that's the relationship he has with his parents, so it's none of my business.

 

[EL PRESIDENTE]

I like it. Better than being another Antoine Walker. Kind of sucks for him, but he's famous, girls will sleep with him and he won't have to spend a dime anyway. That should be the real lesson here, folks.

 

[BlazerCaravan]

it's none of my business.

That's the problem; so much of everything isn't anyone's business... yet here we all are, gossiping about someone like busybody neighbors peeking over the fence.