Menu

Post image 1
Post image 2
Post image 3
1 / 3
0

Jeremy Lin Says His Mom Emptied Her 401k to Help Him Prepare for NBA Draft

#complex#mother#dream#money#draft#borrowed
Reading 0:00
15s threshold

Jeremy Lin opened up on Pablo Torre Finds Out about the huge financial risk that his mother took to help him realize his NBA dream. Lin shared that his mom took out everything from her 401k so he could use the money ahead of the 2010 NBA Draft. “We were, financially, in such a tough position, and when it really came down to it,” he recalled. “When I was preparing for the NBA Draft, my mom emptied out her entire 401k so that I can eat until I was full, so I could prepare for the NBA Draft.” Lin revealed the extent of his family’s considerable debt when he was given the money. “At that time, we were very far in debt,” he said. “We had already borrowed from the bank. We had borrowed from the house. We had borrowed from Harvard. No one would let us borrow anymore, and then we had to borrow from family.” Lin said the money from his mother came with an ultimatum: accomplish your NBA dream in two years or put the Harvard degree to use.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More