SOHH Whatcha Think: Can Birdman Rebound From Losing A $2 Million NBA Finals Bet?
Monday, Jun 13, 2011 1:30PM
One thing about taking gambles is that sometimes you lose...and sometimes, you lose big. Why do you think Las Vegas continues to make bank loads of money with dollar slot machines and free buffets? But when Birdman won this year's Super Bowl with a $1 million bet, shouldn't he have just been happy instead of doubling up and losing with a $2 million gamble on the Miami Heat defeating the Dallas Mavericks?
While the idea of having $2 million to even bet with sounds more like Monopoly than real life, you can't help but wonder how big of a loss it is for the Birdman. Even worse, having your hometown Miami Heat lose in Game 6, 105-95, right in front of you had to hurt. Just take a look at the backlash he received after last night's loss.
"ok BIRDMAN loses 2million -- I win $250 x 16 idiots = $4000 --- nice and CLEVELAND, Ohio wins the NBA finals!!!!!!!!" (DJ Whoo Kid's Twitter)
But then again, how bad is Baby's $2 million loss going to be? Isn't he the first one to tell everybody he's got money to blow?
Of course this could all be a lie. Look at how many artists get exposed courtesy of TMZ obtaining leaked tax debts and liens. The richest rappers, Lil Wayne included, tend to have debts which have not yet been paid off. In Baby's defense, however, he "is" one of the Top 5 Wealthiest Rap Artists according to Forbes.
When it comes to net worth, Jay-Z is number two. The top spot goes to Sean "Diddy" Combs, who tops our accounting of rap's richest with a fortune of $475 million, fueled by his interests in Sean John clothing, Bad Boy Worldwide record label and, most significantly, his Diageo joint-venture vodka brand Ciroc. Jay-Z ranks a close second, with $450 million. Super producer/rapper Dr. Dre ranks third with $125 million, fueled by past earnings generated from his own career and by helping to launch those of Snoop Dogg and Eminem. Curtis "50 Cent" Jackson, a one-time Dr. Dre protege who reaped a nine-figure payday from the sale of Vitamin Water to Coca-Cola, rounds out the top five in a tie with Cash Money Records cofounder Bryan "Birdman" Williams at $100 million. (Forbes)
$2 million or $20 million, the question rests, is Birdman's NBA Finals loss as big a loss as everyone is making it out to be?
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[Editor's Note: The views expressed in this column do not necessarily reflect those of SOHH]