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Part 15: Joe Smith on Moniece Slaughter Forging $109K in Checks while They were Dating
Part 13: Joe Smith on His Wife Divorcing Him When No NBA Team Wanted to Hire Him
Part 1: Joe Smith on Meeting Kisha Chavis, Her Adult Film Past, Why He Married Her
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Joe Smith opened up about the toll of personal life on his wealth. Smith, who made a total of $61 million over his professional basketball career, admitted he fathered four children outside his marriage. The final straw for his wife was a picture posted on Twitter showing Smith asleep with a woman. Smith confessed that the divorce took a sizable chunk of his retirement money (approximately $3 million) and landed him $157,000 in debt. Further contributing to his financial troubles were poor real estate deals and expensive car purchases. He strongly emphasized the need for young and upcoming athletes to manage their income wisely to avoid facing a similar situation in the future.