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Wizards heed warnings of going 'broke'


Wizards heed warnings of going 'broke'

Following their evening practice at George Masons Patriot Center Tuesday night, several Wizards went back to their hotel rooms to watch ESPNs 30 for 30 documentary, Broke, which explores why professional athletes have wasted away millions of dollars.

Its definitely a show that every athlete should watch, Wizards forward Trevor Booker said Wednesday. I didnt know that many athletes go broke after retiring. But Im tight with my money, so I dont have to worry about it.

Most players just need to watch their circle. People around them can bring them down. Thats the biggest thing. Learn how to say no. I learned quick.

In recent years, dozens of professional athletes have squandered millions with bad financial investments, lavish spending habits and keeping friends on their payroll.

Former NBA star Allen Iverson reportedly ran up a bill of more than 800,000 at a Georgia jewelry store and is facing bankruptcy. Scottie Pippen, Lenny Dykstra and Mike Tyson also lost millions after their retirements.

Sad stories, Wizards center Emeka Okafor said. I can only speak for basketball players. The newer crop of basketball players, weve heard the horror stories, so its not really the same.

There are a couple of guys who arent the wisest with their money, but for the most part you're not going to find guys with five high-end cars. I bought myself one car in the nine years Ive been here in the NBA.

Guys in general are not trying to hit home runs with investments. Conservation, just manage it properly. You can live a very good life not trying to go crazy.

Wizards rookie Bradley Beal, the third pick overall of the 2012 draft, recently signed a contract that will pay him just under 4.1 million this season. He said the biggest focus of the NBA rookie training seminar he attended over the summer was the importance of making smart financial investments.

Teammate A.J. Price says it might be the most important aspect of adapting to life in the NBA.

Playing basketball is the easy part, he said. The hard part is maintaining the lifestyle. The discipline is definitely one of the biggest things.

In the beginning you get the money and youve never seen money like that before. You tend to want to buy things youre not able to buy. A guy like me, Im not a 10 million a year guy. Still, youve got to be able to manage your money.

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Michigan's Moritz Wagner could be Wizards' solution for a stretch-five

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Michigan's Moritz Wagner could be Wizards' solution for a stretch-five

The pre-draft workout process can be an exhausting journey for players, with so many flights, hotel rooms and NBA arenas that they can all blend in together. Michigan big man Moritz Wagner, though, may have felt a sense of comfort in Washington for his pre-draft workout for the Wizards on Wednesday.

It was just over a year ago that his Michigan Wolverines cut down the nets at Capital One Arena as champions of the Big Ten conference.

"It was good memories, man. Never gets old," he said while glancing around the stadium.

Wagner, 21, will be seeing a lot more of Capital One Arena once he joins the NBA ranks and it is conceivable he ends up in Washington. They hold the 15th pick in the first round and the 44th pick in the second round and Wagner could be within their reach.

Wagner had an impressive workout in Washington and could provide what the Wizards need. He is a big, mobile and can spread the floor. Wagner was terrific at stepping out to hit threes off pick-and-rolls at Michigan and that ability would work well with Wizards All-Star point guard John Wall.

Wagner measured in at just under 7-feet at this month's NBA Combine, fifth-tallest among those who attended. He averaged 14.6 points as a junior this past season and made 39.4 percent of his threes on 4.1 attempts per game.

With three years of college experience and an NBA-ready jumper, Wagner believes he can step right in and help the Wizards.

"I think what we did at Michigan, sharing the ball and playing as a team, very organized basketball, that can help big-time," he said. "It's basically pro basketball I was playing on a different level."

As Wagner will tell you, he is very confident in his abilities. He is comfortable in his own skin and that includes openly discussing his faults. He feels good about his ability to score at the next level. Defense is where he needs to prove himself.

Despite his size, Wagner wasn't much of a rim protector in college. He averaged just a half-block a game as a junior. The Wizards need rim protection badly and he likely would not provide that.

Wagner, though, believes he can bring more to the table defensively than the numbers would suggest.

"I think I've been an offensive guy all of my life, but the more that you mature as a player, you understand that both sides are important. Without defense, you aren't going to play at any level," he said.

"I think the most important thing that I wasn't able to show in college is that I'm able to switch the ball-screen, especially with the way the league is going. Switch on everything and stay in front of guards as a big guy."

Wagner is from Germany and looks up to Mavs legend Dirk Nowitzki, who is entering his 21st season and will be in the Hall of Fame someday. Nowitzki's game has always been built around shooting and, though he developed into a decent shot-blocker in his prime, was never an elite rim protector.

Wagner hopes to follow in his footsteps playing a similar style.

"He was my MJ. He kind of shows you 'okay, this is possible and this is doable.' It's just basketball," Wagner said. "It gives you a lot of hope. It gives you a lot of belief and motivation."

Hear more from Wagner in his one-on-one interview with Chris Miller in our latest Wizards Tipoff podcast. His interview can also be found in the video above:

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Bradley Beal receives zero All-NBA votes, which itself is a snub

Bradley Beal receives zero All-NBA votes, which itself is a snub

On Thursday the NBA revealed the All-NBA teams for the 2017-18 season.

Not surprisingly, Bradley Beal and John Wall did not make it to one of the three five-player teams. Of the two superstars, only Wall has been recognized once in his career.

What is surprising is that neither Beal nor Wall received a single vote in the whole process, especially Beal.

The 2017-18 season was without question the best in Beal’s career. He played in all 82 games, coming right off of the heals of his All-Star recognition. Beal seems to agree in his snubbing, tweeting this minutes after the teams were announced:

Looking at the list of players who made the top three teams, it shouldn’t be an issue, but these three guys got more votes than the Wizards' duo combined: Steven Adams, Trevor Ariza, and Dwight Howard. It is not surprising that Beal and Wall did not make an All-NBA team. It is odd that Beal didn’t receive a vote.

Here is a list of the full All-NBA Teams:


LeBron James (Cavaliers), James Harden (Rockets), Anthony Davis (Pelicans), Damian Lillard (Trail Blazers), Kevin Durant (Warriors)


Giannis Antetokounmpo (Bucks), Russell Westbrook (Thunder), Joel Embiid (76ers), LaMarcus Aldridge (Spurs), DeMar DeRozan (Raptors)


Stephen Curry (Warriors), Victor Oladipo (Pacers), Karl-Anthony Towns (Timberwolves), Jimmy Butler (Timberwolves), Paul George (Thunder)