In May 2012, the Chicago Bulls icon went to Las Vegas for a night of gambling and fun. Little did he know that he would be in for a big surprise when he realized that he had lost almost $35,000. With a net worth of almost $150m, it is no wonder that the basketball icon is the most hated man in Las Vegas. But what made him so angry?
The world’s most famous sociopathic former basketball player, Dennis Rodman, once explained his hatred for money in a very interesting interview. There has long been conjecture that the reason for his disregard for money is that he once lost almost $35,000 in Las Vegas.
The NBA player and social media sensation is known to love Vegas and has been going to Sin City for decades. However, after a trip in 2012, a number of things happened in a very peculiar way. The next day, the basketball star went to a casino and lost almost $35,000 in a single sitting. The reason? According to Rodman, he was deliberately trying to lose all that cash, and he even wrote a book about it that he later put online. The book is available to read for free, and it’s very interesting.
Dennis Rodman, despite his well-known peculiarities, understood a thing or two about basketball. While the forward was never going to score 50 points, he was a tenacious rebounder and defender. That fact enabled the Worm to carve out a good niche for himself and, in the end, earn more than $27 million in compensation.
Those paychecks, on the other hand, didn’t always make it into Rodman’s bank account. Despite his wealth, the Southeastern Oklahoma State product allegedly said that he despises money and even went to Las Vegas to lose thousands of dollars on purpose.
Dennis Rodman made more than $27 million in NBA salaries by playing defense and rebounding.
Defense, as the cliché goes, wins championships. Dennis Rodman enjoyed the benefits of that idea, even if it isn’t entirely accurate in reality.
Rodman found a home with the Detroit Pistons despite a lengthy and winding route to the NBA — the big started as an airport janitor before attending community college and then Southeastern Oklahoma State. Despite earning just $75,000 as a rookie, the forward soon established himself as a key part of the team. The Bad Boys had won back-to-back titles in no time, and the Worm was making over $2 million per year.
Rodman joined the Chicago Bulls after a short stay in San Antonio. He proved to be the ideal complement to Michael Jordan and Scottie Pippen in Chicago, where he won three more championships with them. The Worm’s financial clout reached its pinnacle during the 1996-97 season, when he earned $9 million and added $4.6 million the following year.
Rodman made short appearances with the Los Angeles Lakers and Dallas Mavericks before departing the NBA scene, but he never achieved the same success after leaving Chicago. Despite his reputation as a class clown, the forward’s particular skill set proved to be very useful. He made more than $27 million in compensation over his 13 years in the league. While it may not compare favorably to today’s superstars, it’s rather remarkable for someone who couldn’t even make a layup in high school.
The Worm once traveled to Las Vegas with the purpose of losing money.
Dennis Rodman, a former NBA player, makes a 2018 TV appearance. | NBC/NBCU Photo Bank/Nathan Congleton)
Rick Telander described a scenario that won’t surprise watchers of The Last Dance in a Sports Illustrated article from 1993. Rodman went missing towards the end of the summer, and no one knew where he was. However, a rumor started circulating that the forward had been seen in Las Vegas.
This excursion to Sin City, on the other hand, was a little out of the ordinary. While some losses are unavoidable when visiting a casino, Rodman wasn’t attempting to stick to a budget. Instead, he wanted to flee the city with no money.
Rodman is now in Las Vegas. His money has been placed on the table. There is a lot of it. The dice are bouncing around on the wall. Rodman has bet on the wrong side and has lost once again. Everything the Worm has left is harvested by the croupier. The 32-year-old basketball player, who used to work the night shift as a janitor at the Dallas-Fort Worth Airport, has performed a symbolic act of penance, a spiritual cleansing that he believes will allow him to reclaim, if only for a brief moment, the naivetè and freedom of a former self who haunts him like a ghost. He has lost everything he brought with him in a couple of days, close to $35,000, which is exactly what he intended to accomplish.
In a piece for Sports Illustrated, Rick Telander says
Rodman, for his part, would subsequently clarify the circumstances behind his trip to the casino.
The forward stated, “I despise money.” “I went to Vegas with the intention of losing. As a result, I was able to reclaim my sense of normalcy
Telander refers to the gambling tale later in the narrative to support that interpretation.
“So, after last season, he disappeared from his world and resurfaced at that holiest of American temples, Las Vegas, to cleanse himself and make amends,” wrote the experienced writer. “With his ritualistic gaming losses, [Rodman] explains, ‘I was getting away of everything that had significance in my life and beginning again.’
Dennis Rodman wasn’t the only one who handed away his money.
While placing random bets at the casino is one way to lose money, Rodman also had another strategy. This one, on the other hand, was a little healthier.
Rodman went to Detroit, “giving out money to homeless individuals, occasionally bringing a vagabond home with him, cleaning the guy up, feeding him, and sending him out in high spirits,” according to Telander’s SI article. In an article for the New York Times, Joe Lapointe verified at least the first portion of this procedure.
Rodman was leaving a Chicago restaurant when a lady approached him and begged for a few bucks, according to Lapointe’s testimony from 1990. The forward, on the other hand, had greater ambitions.
Rodman stated, “I had $250 in my pocket and I handed it all to her.” ”I would have given her $1,000 as well if I had it. There are many of individuals who are better deserving of this money. People who do not have a home. Those who live on the streets. I was fortunate to stumble upon what I have now.”
The Worm also mentioned his visits to Detroit, claiming that he had previously distributed $50 and $100 notes. He said, “You can’t assist everyone, but you can help certain people.” “I’m now worth a billion dollars. “How much is $250?”
Whatever you think of Dennis Rodman’s unorthodox decisions, he appeared to be speaking from the heart at the time.
Contact the National Council on Problem Gambling’s hotline at 1-800-522-4700 in the United States.
Spotrac provided the financial records.
RELATED: When Dennis Rodman and John Salley were rookies with the Detroit Pistons, they were subjected to a lot of hazing.
Dennis Rodman is one of the most controversial NBA players of all time, but he’s also one of the most entertaining. But there’s one topic he’s never talked about, until now. Last week, Rodman went to Las Vegas for a charity event. To raise funds for his charity, he held a game show, “Dennis Rodman’s Celebrity Basketball Challenge.”. Read more about dennis rodman today and let us know what you think.
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