Kobe Bryant Loaning Money to Other NBA Players?

NBA players will soon start missing paychecks due to the lockout. How will players who are living paycheck to paycheck make ends meet? Enter Kobe Bryant. According to Billy Hunter, the players association president, Kobe Bryant is willing to loan money to needy players.

“I know Kobe is intimately involved in interfacing with colleagues and sharing in a pool of revenue to help the others get through this,” said Hunter. “Kobe has volunteered to do that in the event others need, he and others are prepared to loan money if necessary.”

Props to Kobe for helping his fellow millionaires survive the NBA lockout. Although considering he’s the league’s highest paid player, he probably has some money laying around that he can use to help out.

But hopefully Kobe is only loaning money to players who have guaranteed contracts. Loaning money to a free agent is asking for a lot of trouble. One twist of the knee and that unsecured loan becomes noncollectable.

Kobe Bryant loaning money