+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Brooklyn Nets rookie shares a North Jersey apartment with 2 roommates because prices in New York City are 'ridiculous'

Sep 16, 2015, 02:09 IST

Nick Laham/Getty

Despite earning the highest paycheck of his life this year, Brooklyn Nets rookie Rondae Hollis-Jefferson is managing his money wisely.

Advertisement

In a profile from Wall Street Journal's Alex Raskin about Hollis-Jefferson's transition to the NBA, Hollis-Jefferson discusses how, even with a $1.3 million salary this year, money can still be tight.

Enough so that Hollis-Jefferson lives in a North Jersey apartment with his brother and a friend and makes the drive into the Nets' Brooklyn facility or to their practice facility in East Rutherford, New Jersey.

Hollis-Jefferson said, "You can live in a nice, three-bedroom condo with all that in Dallas for like two thousand bucks. Three bedroom, three-bathroom in New York, you're paying eight grand. It's ridiculous."

Hollis-Jefferson also noted to Raskin that he was surprised by how much was missing from his first paycheck:

Advertisement

"When I saw the check, I saw half of the money was gone. And being in New York, more than half was gone. I was like, 'Who do I call here? What's going on?'"

Still, Hollis-Jefferson said he may eventually consider moving into Brooklyn to cut down on the commute to the Nets facility, noting that there's always traffic going in and out of New York.

Hollis-Jefferson certainly wouldn't be the first athlete to compromise typical luxuries over money concerns. Chicago White Sox pitcher Jeff Samardzija spent his tenure with the Oakland A's renting hotels because he said the rent in San Francisco was too expensive. In a somewhat similar sense of saving, Baltimore Ravens' 308-pound guard John Uschel drives a $9,000 used Nissan Versa because it's good on gas and spacious.

NOW WATCH: Sports agents reveal the biggest threat to an NFL player's financial success

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article