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Dan Tyminski Net Worth

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Dan Tyminski net worth: Dan Tyminski is an American bluegrass singer, composer, and musician who has a net worth of $3 million. Dan Tyminski was born in Rutland, Vermont in June 1967. He is a member of the band Alison Krauss and Union Station. Tyminski released his solo debut studio album Green Mountain Bluegrass in 1985. He released the album Carry Me Across the Mountain in 2000. His album Wheels was released in 2008 and reached #1 on the US Bluegrass charts. Dan Tyminski released the album Southern Gothic in 2017 which reached #8 on the US Heatseekers chart. His single "Man of Constant Sorrow" was featured on the O Brother, Where Art Thou? Soundtrack. Tyminski was featured on the song "Hey Brother" by Avicii which reached #1 in five countries. He has won 14 Grammy Awards during his career. Alison Krauss and Union Station has released six studio albums including Paper Airplane in 2011 which reached #1 on the US Country and US Bluegrass charts.

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Esther Williams Net Worth

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Esther Williams net worth: Esther Williams was an American actress and competitive swimmer who had a net worth of $40 million at the time of her death in 2013. Esther Williams was born in Inglewood, California in August 1921 and passed away in June 2013. She held multiple records and was a member of Billy Rose's Aquacade. She was unable to compete in the 1940 Summer Olympics due to World War II but was a commentator for the 1984 Summer Olympics. Williams starred in several movies including Andy Hardy's Double Life, A Guy Named Joe, Bathing Beauty, Thrill of a Romance, Ziegeld Follies, The Hoodlum Saint, Easy to Wed, Till the Clouds Roll By, Fiesta, This Time for Keeps, On an Island with You, Take Me Out to the Ball Game, Neptune's Daughter, Duchess of Idaho, Pagan Love Song, Texas Carnival, Skirts Ahoy!, Million Dollar Mermaid, Dangerous When Wet, Easy to Love, Jupiter's Darling, The Unguarded Moment, Raw Wind in Eden, The Big Show, Magic Fountain, and That's Entertainment! III. Esther Williams won two Golden Globe Awards and received a star on the Hollywood Walk of Fame in 1960 at 1560 Vine Street. She was married four times including to radio announcer Ben Gage and actor Fernando Lamas (father of Lorenzo Lamas). Ben Gage helped Esther established a business career that included a line of swimsuits, restaurants, swimming pools and more. Esther Williams passed away on June 6, 2013 at 91 years old.

Read more: Esther Williams Net Worth

NYC Secretary Dies At 96. Her Secret Multi-Million Fortune Revealed

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Sylvia Bloom was a secretary in New York City. She was the child of Easter European immigrants who grew up in Brooklyn during the Great Depression. She put herself though college at Hunter College. When she passed away in 2016, her family and friends learned something she'd kept a secret for many years. She had been a savvy investor who lived modestly for her entire life and amassed an $9 million fortune. Her will revealed that she was donating her millions to her favorite charities. The Henry Street Settlement for disadvantaged students will receive $6.24 million, the largest single donation to that charity in 125 years. Another $2 million will be split between her alma mater and a scholarship fund. The rest will go to family and friends.

Even the people closest to her were stunned by the revelation of her fortune. Her niece, Jane Lockshim, who is the treasurer of Henry Street's board and executor of her aunt's estate told CNBC:

"I was flabbergasted! I know Sylvia had enough money to live on but I did not know the extent of her estate. My aunt was a very private person and never mentioned the extent of her estate to anyone. She probably thought that was no one's business but her own."

Eduardo Munoz Alvarez/Getty Images

Bloom was savvy about how she invested and grew her money. She joined the Wall Street law firm Cleary Gottlieb Steen & Hamilton as a legal secretary in 1947 and worked there for 67 years. She paid attention to the lawyers' investment strategies. During the time that she worked for the law firm, it was common for secretaries to run their boss' lives, including their personal life and their investments. So, when her boss bought a stock, she'd make the same purchase for herself, just in a smaller amount since she was working with a secretary's salary.

She quietly and methodically built her more than $9 million fortune over the years and divided it between three brokerage houses and 11 banks. All of the accounts and money was in Bloom's name alone. Her husband may not have even known of its existence.

She was married to Raymond Margolies, a New York City firefighter, teacher, and pharmacist. The couple lived a low key and modest but comfortable life in a rent controlled apartment. They did not have children. Her husband died in 2002. As a child of the Depression, Sylvia knew what it was like to not have any money. She took the subway to work, even on September 11, 2001. The firm she worked for had offices not far from the World Trade Center. She was 84-years-old and she moved north away from the site of the terrorist attacks and walked over the Brooklyn Bridge to take a bus home.

Her passion was helping people, which is clear from her will. Her more than $6 million donation to Henry Street will help the charity continue to provide health care programs, transitional housing services, and educational support. The program caters to students from 9thgrade through college graduation, offering SAT prep, tutoring, college counseling, visits to colleges, and support for program participants until they complete their degree.

Sylvia Bloom worked at the same law firm until she was 96-years-old. She died soon after retiring.

Read more: NYC Secretary Dies At 96. Her Secret Multi-Million Fortune Revealed

The France Family Is Looking To Sell NASCAR – And It's A Terrible Time For A Sale

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The majority owners of NASCAR are exploring a potential sale of their stake. The France family, which includes Bill France Jr. among as many as 20 family members, operates the car-racing series of the same name, as well as other motorsport events. Goldman Sachs is partnering with the family to identify deals, though for now, the talks are still exploratory.

There's only one problem: now is a horrible time to sell NASCAR.

The sport has been struggling to attract fans both on television and at events. Over the past decade, three public companies that own tracks that host NASCAR races have reported a 54 percent decline in attendance revenue.

It doesn't help that major figures and fan favorites have left NASCAR over the past few years. Jeff Gordon, Dale Earnhardt Jr., Carl Edwards, Danica Patrick, and Tony Stewart have all left, either via retirement or to participate in other auto racing series.

Ker Robertson/Getty Images

Sponsors, an integral part of NASCAR, are also leaving. Sprint, Home Depot, and UPS are already gone, with Lowe's following suit after this year. Monster Energy signed a bargain $20 million deal to sponsor the main cars this year, though they're likely out after 2019.

Last year, Liberty Media Corp. acquired Formula One for more than $8 billion, including debt. With NASCAR's decline, it probably won't fetch as high a price.

One interested buyer? Marcus Smith, president of Speedway Motorsports, Inc. Smith wants to make his own legacy in sports and looked into buying the Carolina Panthers, though ultimately the price tag (of at least $2 billion) was too high. Additionally, Comcast, sponsors of the Xfinity Series, could also be potential bidders. Like Liberty last year, a media company buying a racing series for additional content makes sense.

Founded by Bill France Sr. in 1948, NASCAR is celebrating its 70th birthday this year. It's still trying to stay modern, looking at potential e-sports events. NASCAR's exclusive video game licensee, 704Games, plans to bring NASCAR Heat Champions to Daytona International Speedway during the Daytona 500. Might that draw in some younger fans?

Until NASCAR can connect with younger audiences, it's going to struggle to succeed. Maybe injecting some new blood into the sport will help.

Read more: The France Family Is Looking To Sell NASCAR – And It's A Terrible Time For A Sale

Matt Ryan Is The First Football Player To Make $30 Million In A Year – Who Was The First Athlete To Do So?

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Matt Ryan led the Atlanta Falcons to the brink of the Super Bowl in 2017, helping the team get off to a 28-3 start that eventually ended in a 34-28 heartbreak at the hands of the New England Patriots. Though the Falcons only made it to the divisional round this year, Ryan's play remained steady, and the team rewarded him with the largest salary in NFL history.

Ryan signed a five-year, $150 million contract to stay with the Falcons, with $100 million guaranteed. That means Ryan will make $30 million this upcoming season, more than any NFL player before him.

But Ryan is hardly the first player to make $30 million in a season. Before the 1996-97 season tipped off, Michael Jordan signed a contract with the Chicago Bulls that paid him $30,140,000 million.

The most impressive part of Jordan's contract? He had made just under $28 million combined during his first 11 years in the league. He more than doubled his career earnings in one season!

Patrick Smith/Getty Images

Jordan's contract the following year, his last with the Bulls, was worth $33,140,000. It still stands as the highest one-year deal in NBA history. Today, Jordan's $30,140,000 million contract would be worth about $48 million.

Since Jordan, only four other NBA players have made $30 million in one year – though a handful of players will make that much in upcoming seasons. But as of the 2017-18 season, only Jordan, Kobe Bryant, LeBron James, Steph Curry, and Paul Millsap have had salaries of more than $30 million.

Major League Baseball has seen several players make $30 million in a year, as well. Alex Rodriguez's famous 10-year, $252 million deal led to multiple such seasons, while Dodgers ace Clayton Kershaw has taken home more than $30 million each of the past three years, and will do the same for the next three, including this one.

David Price and Mike Trout have also made $30 million or more in a season. But at $35,571,429, Kershaw will make the most in the majors this year.

With the way the NHL is structured, no player can earn $30 million in a season. Ryan makes the NFL the last league of the major North American sports to join the $30 million club. And what a sweet club it is.

Read more: Matt Ryan Is The First Football Player To Make $30 Million In A Year – Who Was The First Athlete To Do So?

Tom Wolfe Net Worth

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Tom Wolfe net worth: Tom Wolfe was an American author, journalist and producer who had a net worth of $20 million at the time of his death in 2018. Tom Wolfe was born on March 2, 1930 in Richmond Virginia. He got his start in journalism as a newspaper reporter at various regional outlets. He shot to stardom in the 1960s thanks to a series of best-selling non-fiction books, most notably The Electric Kool-Aid Acid Test, The Kandy-Kolored Tangerine-Flake Streamline Baby, and more. His 1979 book The Right Stuff, which was an account of the Mercury Seven space program, was also hugely successful and was eventually turned into a movie. In 1987, Wolfe released his first fictional work, The Bonfires of the Vanities. Bonfire, which told the satirical story of a greed, social class, racism and politics of 1980s New York City, was also hugely successful and also became a feature film. In 2012, Tom Wolfe was given one of the biggest book advances of all time for his fourth novel, Back to Blood. As of this writing, his $7 million advance is 12th biggest advance ever paid to an author. Known for his trademark white suit, Tom Wolfe had two children with his wife of many years, Sheila. Tom Wolfe died on May 14, 2018 at the age of 87.

Read more: Tom Wolfe Net Worth

Hedge Fund Billionaire David Tepper Is Purchasing The Carolina Panthers For $2.2 Billion – Will Be The Second Richest NFL Owner

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The Carolina Panthers have reportedly been sold. Hedge fund titan David Tepper is closing in on an agreement to buy the team for a $2.2 billion. If the deal goes through and is approved, David Tepper, who has a net worth of $11 billion, will become the second-richest owner in the NFL, behind only Seattle's Paul Allen who has a net worth of $22 billion.

The deal is expected to become final later this month with Tepper paying a reported $2.2 billion. Shockingly, that is $100 million less than Forbes estimated the Panthers to be worth a few months back and over $1 billion less than many predicted the sale would fetch.

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 Sherman Financial Group LLC founder, Ben Navarro, and metals/mining investor, Alan Kestenbaum, have also made bids for the Panthers.

Tepper already owns a minority share of the Pittsburgh Steelers. He'd have to sell that stake before he could buy the Panthers. The deal would also have to be approved by the other league owners.

The Panthers are worth about $2.3 billion, which puts them near the bottom-third of teams in the NFL as far as value. Navarro's bid reportedly is more than $2.5 billion and he was still looking for investors.

After allegations arose that current owner, Jerry Richardson, sexually and racially harassed people within the organization, the team was put up for sale. Richardson is expected to get $3-3.5 billion for the team, but will still make an insane return.

Richardson spent just $140 million for the rights to the Panthers in 1993. Then an expansion franchise, the Panthers also had to give up more than $60 million in television revenue, making Richardson's total costs about $206 million.

Now, 25 years later, he'll make a huge profit. And the new owners will try to get the Panthers back to the Super Bowl for their first ever championship ring.

Read more: Hedge Fund Billionaire David Tepper Is Purchasing The Carolina Panthers For $2.2 Billion – Will Be The Second Richest NFL Owner

'Wonder Woman' Director Patty Jenkins Gets Huge Record-Setting Raise To Direct Sequel

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Patty Jenkins became one of the first women in the industry to direct at the highest blockbuster level when she directed Wonder Woman, but following the movie's surprise smash hit success, she's making enough to direct the sequel to make her salary for the first movie seem like a simple dress rehearsal. As originally reported by Variety, she negotiated a massive pay raise to do the as-yet-untitled Wonder Woman follow-up, securing a $9 million payday.

Jenkins reportedly made just $1 million to do Wonder Woman, but her $9 million paycheck to helm the sequel will make her the single highest-paid woman ever to sit in the director's chair. The Hollywood Reporter says the salary didn't come easy, and Warner Bros required a lengthy negotiating process in order to agree to Jenkins' terms, despite the fact that Wonder Woman made serious box office bank when it came out last year. Thanks to her only signing a one-picture deal before the first movie, she was in a prime negotiating position when it came time to secure her directorial talents for the sequel.

Kevin Winter/Getty Images

Jenkins' record-breaking paycheck is an apt response to Wonder Woman's own record-breaking box office performance. The film's worldwide gross of more than $800 million made it the highest grossing film ever directed by a woman, and it also made the film more successful than plain old guy-directed DC Universe films like Batman v. Superman: Dawn of Justice and Suicide Squad.

Of course, in addition to her $9 million fee, Jenkins is reportedly getting "a considerable backend" tied to the film's box office performance, which will likely mean serious money for her if the sequel performs as well as the first movie. That performance won't be known for sure until the movie actually comes out, and it's currently slated for a Christmastime release, December 13th, 2019.

Read more: 'Wonder Woman' Director Patty Jenkins Gets Huge Record-Setting Raise To Direct Sequel


Kwame Brown Is Suing His Financial Advisors For Taking Nearly Half Of His Net Career Earnings

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Back in 2001, Kwame Brown was a top basketball player fresh out of high school. The Washington Wizards rewarded him with the No. 1 pick of that year's draft. Though he never lived up to the lofty expectations of the top selection, he managed a 13-year career, earning just under $64 million in salary, or about $35 million after taxes and fees.

Now, Brown is claiming his financial advisors took nearly half of that money.

Brown filed a lawsuit against Merrill Lynch, Bank of America, and a financial advisor named Michelle Marquez. He claims they stole $17.4 million of his money.

Brown alleges that he was a client of the defendants from 2004 to 2017. He says they were supposed to handle his financial matters, from collecting NBA income to investing or trading stocks. However, he had to offer his consent before any investments could be made.

Sean M. Haffey/BIG3/Getty Images

It's that last point that makes up the bulk of the suit. Brown claims Marquez oversaw his account and began investing Brown's money into projects and stocks without his permission.

In the suit, Brown further alleges that Marquez opened multiple bank accounts under his name. He believes Marquez was depositing money into those accounts and collecting a commission on trades and investments. Brown says he took out a $1.1 million loan in 2006, telling Marquez to pay off the balance of the loan immediately.

But in 2015, Brown allegedly learned Marquez converted the unpaid portion of the loan into a line of credit. Brown claims he's suffered significant financial loss because of what Marquez did. And last year, Brown reportedly called Marquez to speak about his finances but was no longer able to get ahold of her.

According to Brown, both Merrill Lynch and Bank of America told him he had no money with them. The banks said Brown had signed authorization documents for defendants to invest and trade his money. However, Brown believes those signatures were forged, even going so far as hiring forensic experts to examine the signatures. According to Brown, all of them were forgeries.

Brown's lawsuit is seeking the return of Brown's $17.4 million, plus additional damages. He last played in the NBA in 2013, and his tale is a cautionary one for other athletes – always keep a close eye on your money.

Read more: Kwame Brown Is Suing His Financial Advisors For Taking Nearly Half Of His Net Career Earnings

Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

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The 144th running of the famed Kentucky Derby saw Justify winning by 2 ½ lengths after coming into the race as a 5-2 favorite. The 3-year-old colt was the first one to win without a prior racing history since 1882. The owner of this remarkable horse is Dallas billionaire Kenny Troutt. Kenny is a self-made billionaire who made his fortune founding the long distance phone company Excel Communications. The Troutts own the 600-acre WinStar Farm in Kentucky. WinStar has had 24 horses run the Kentucky Derby since Troutt bought it 18 years ago. Justify was one of three Derby runners from WinStar this year.

The chestnut colored colt has the nickname Big Red, the same one that the legendary horse Secretariat had.

Michael Reaves/Getty Images

Troutt was born in Mount Vernon, Illinois. His father was a bartender. He paid his own way through college at Southern Illinois University by selling insurance. He founded Excel Communications, a Texas-based company that used multi-level marketing to sell long distance phone service in 1988. He became a billionaire in 1998 when Excel was purchased by Teleglobe for $3.5 billion. Kenny Troutt has a net worth of $1.2 billion.

He got into the horse business in 1999 when he purchased Prestonwood Farm. He changed the name to WinStar. Troutt is actually allergic to horses. Justify is not Troutt's first Derby winner. He also owns Super Saver, the winner of the 136thKentucky Derby.

Justify just started racing in February. The colt has a 4-0 record, including his impressive victory in the most revered event in the horse racing world. Justify ran the Derby course in 2:04:20. Now he will move onto the Preakness on May 19thand is expected to be the favorite in the second race of the Triple Crown.

Could Justify become the 13thwinner of the Triple Crown and the first since American Pharaoh in 2015?

Read more: Kentucky Derby Winner Justify Is Self-Made Billionaire's Horse

Movie Stars' Salaries Not As High As They Once Were

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Back in the 1990s and 2000s, it wasn't unheard of for a number of actors and actresses to make $20 million or more per film, plus substantial backend profit participation. Big, bankable names brought in box office cash and they got well compensated for that. That isn't so much the case these days. Now, don't get us wrong, big name actors and actresses aren't exactly making minimum wage, they just aren't bringing home as much per film as they used to.

Part of the reason for this is that superheroes and space movies dominate the box office. The opening box office receipts are no longer determined by the big movie star attached to the film, but rather the source material. The studios have shifted from spending big bucks on cast to spending that money on special effects.

A few actors, like Robert Downey, Jr., Dwayne Johnson, and Vin Diesel still get paid $20 million or more for a big movie—but usually only franchise installments. Also, their salaries are tied to reaching a certain amount of box office dollars. Other actors take significant salary cuts for passion projects. Leonardo DiCaprio brings home $20 million for films like Inception, but will take half that to star in Quentin Tarantino's next film.

Another salary strategy being used by studios is asking the actors and actresses to bet on the success of the film in lieu of an upfront salary. In this case, they would receive only Screen Actors Guild scale as a salary, which is less than $3,000 per week. For this, the star gets a piece of the film's backend, which, if the film is a success, can lead to a huge payday. A classic example of this is Alec Guinness in the original Star Wars film.

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When Alec Guinness was offered the role of Obi-Wan Kenobi, he was less than thrilled. In fact, he hated the entire concept of this space opera called Star Wars, referring to it as "fairy tale rubbish." Nevertheless, Alec agreed to do the movie, but he made one very unique request: he would only sign on if he was given a percentage of the film's gross revenues, rather than being paid a flat fee. The deal would make it so Alec would receive royalties for the video release (and later release of the DVD), of not just the original Star Wars, but also the two following sequels, in which Obi-Wan returned in spirit form. At the time, this was considered a huge gamble and seemed colossally foolish. However, as you are about to learn, this deal has become legendary in Hollywood and is still used today as a blueprint for top-earning actors and their agents. Alec Guinness's agent struck a deal in which Guinness would receive two percent of all gross royalties paid to George Lucas. Lucas' deal was that he would forego his directing fee in exchange for a fifth of the box office gross. Star Wars would eventually gross more than $750 million dollars worldwide. Thanks in big part to the re-release of Star Wars in the 90s, Alec Guinness and his estate have earned more than $95 million from Star Wars.

A more recent example of this strategy is Ethan Hawke and the 2013 film The Purge. The film made nearly $90 million worldwide, which resulted in a $2 million bonus for Hawke.

Studios have become more reluctant to cut stars in on a share of the profits from big budget films. Frankly, the studios prefer to keep that money for themselves. Of course, that isn't always realistic. In 2000, when Vin Diesel appeared in the first Fast and Furious movie, no one realized it would become a film franchise with eight movies that grossed many billions. The success of the franchise, and Diesel's big role in it, enabled him to negotiate bigger and bigger paydays as the franchise has gone on. For 2017's The Fate of the Furious, he brought home more than $20 million.

A more recent example of this is director Patty Jenkins. Wonder Woman was a surprise blockbuster hit, so she's getting her salary more than tripled to $9 million, to direct the sequel.

Here's a list of a sampling of salaries for some of the biggest stars in Hollywood, thanks to Variety.

Daniel Craig $25 million for 2019's Bond 25
Dwayne Johnson $22 million for 2020's Red Notice
Vin Diesel $20 million for 2017's The Fate of the Furious
Anne Hathaway $15 million for 2020's Barbie
Jennifer Lawrence $15 million for 2018's Red Sparrow
Seth Rogan $15 million for 2019's Flarsky
Tom Cruise $11-13 million for 2017's The Mummy
Harrison Ford $10-15 million for 2020's Indiana Jones 5
Sandra Bullock $10 million for 2015's Minions
Leonardo Di Caprio $10 million for 2019's Once Upon a Time In Hollywood
Robert Downey Jr. $10 million for a cameo in 2017's Spider Man: Homecoming
Kevin Hart $10 million for 2017's Jumanji: Welcome to the Jungle
Chris Pratt $10 million for 2018's Jurassic World: Fallen Kingdom
Emily Blunt $8-10 million for 2019's Jungle Cruise
Bryce Dallas Howard $8 million for 2018's Jurassic World: Fallen Kingdom
Tom Hardy $7 million for 2018's Venom
Ryan Gosling $6.5 million for 2018's First Man
Jack Black $5 million to 2017's Jumanji: Welcome to the Jungle
Michael B. Jordan $3-4 million for 2018's Creed 2
Ethan Hawke $2 million for 2013's The Purge

Read more: Movie Stars' Salaries Not As High As They Once Were

Klay Thompson Might Take A Hugely Discounted Contract To Hold The Warriors Dynasty Together

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Life is good for the Golden State Warriors. The team has won two out of the past three championships and is two series victories away from its third in four years. With four All-Stars in Steph Curry, Kevin Durant, Draymond Green, and Klay Thompson, plus a solid, deep bench, the team has the firepower that no one has been able to consistently match.

Despite all the success, keeping the core roster together looked like it'd be impossible. After all, the All-Stars were going to earn huge contracts, pushing the Warriors far over the luxury tax.

But now, just like Durant took a discount last year so the Warriors could re-sign key bench players Andre Iguodala and Shaun Livingston, Thompson may be sacrificing a larger paycheck for the good of the team.

Photo by Lachlan Cunningham/Getty Images

Thompson and the Warriors have already entered contract extension talks. The two sides discussed a four-year, $92 million deal that would be worth $23 million per year. If Thompson signed with another team, he could make a max of $139 million over four years. That's a $47 million discount to stay in the Bay Area.

And if Thompson re-signed with the Warriors for the max after becoming a free agent in 2019? He could earn up to five-year, $188 million. He'd be potentially giving up $96 million!

Thompson has said his free agency won't be about chasing money. He's commented before that he loves playing in Golden State and would welcome the chance to stay there. It doesn't hurt that the weather is lovely just about all year round. Thompson has said the Bay Area is "beautiful" and that "a big part of" his happiness is how nice it is to get outside.

Besides Thompson, the Warriors would still have to sign Durant and Green to new deals. Durant can likely demand as much as he wants – he brought the team to new heights when he arrived in 2016 and has already taken discounts.

Green, on the other hand, would be the last of the Warriors core up for re-signing. When he hits the free agent market, he'll be 30 years old. For someone who's as aggressive as he is, that's a lot of damage his body has already taken.

It'll certainly be tough to re-sign everyone. But if Thompson is okay with taking a discount, the Warriors just may be able to keep their dynasty rolling.

Read more: Klay Thompson Might Take A Hugely Discounted Contract To Hold The Warriors Dynasty Together

Stormy Daniels' Attorney Finds Himself In Hot Water Over Coffee Shop Chain

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Michael Avenatti is adult film star Stormy Daniels' lawyer. He's representing her in her fight against Donald Trump. But that isn't the only battle he's got on his hands right now. He is the central figure in a number of lawsuits in the past four years related to the Seattle based coffee chain, Tully's Coffee. Avenatti partnered with actor Patrick Dempsey and bought the coffee chain out of bankruptcy in 2013. The trouble started almost immediately.

Tully's was founded in 1992 in Washington. The chain branded itself an independent, upstart rival to Starbucks, but couldn't compete with its 131 locations compared to the thousands of Starbucks across the globe. Keurig's parent company bought the Tully's brand for $40 million in 2009 and became the chain's coffee supplier. In 2012, Tully's filed for bankruptcy with more than $3 million in debt. This is when Patrick Dempsey entered the picture. In early 2013, Dempsey was the public face of Global Baristas LLC, which beat out six bidders, including Starbucks, and bought Tully's more than 40 Washington locations for $9.15 million.

The media focused on Dempsey. However, Avenatti reportedly promised to fund the entire deal. He had met the actor on a race course. Both men are race car drivers. By this time, Avenatti had worked on a number of high profile cases including the $10 million Paris Hilton defamation case. Once Dempsey and Avenatti were business partners, however, their friendship soured. The deal to buy Tully's closed in late June 2013 and by August, Dempsey was suing Avenatti for not funding the deal according to their agreement.

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Dempsey's lawsuit alleged that an internet search revealed that Avenatti had borrowed $2 million at the insanely high interest rate of 15% to fund the deal. He did not actually have the money to finance the whole thing, leading Dempsey to pull out of the partnership.

In 2013, Avenatti had big plans for Tully's. A company representative told Bloomberg at the time that Tully's planned to open at least 25 stores in the U.S. and 200 in China. However, when Dempsey left, awareness of Tully's faded and the company no longer grabbed headlines. The 40 locations that Avenatti's Global Baristas purchased for just over $9 million became just 15 locations in the greater Seattle area by early 2018. Then, in March, every single Tully's coffee shop shut down abruptly. At first, the company said it was because they ran out of coffee. The company soon changed its tune and claimed that Tully's was rebranding.

Global Baristas owes $4,998,198 in federal taxes according to an IRS lien. The company also owes thousands of dollars in state taxes and has more than 20 state liens filed against them in Washington and California. In early April, Washington state issued a warrant over more than $721,000 in unpaid state taxes.

Since 2013, 46 lawsuits have been filed against Global Baristas. The company has been sued by a number of landlords for tens of thousands in unpaid rent. Global Baristas has been named in 13 unlawful detainer cases in the past year. Suppliers also have filed lawsuits against the company. Tully's is also in a legal fight with Keurig, which owns the Tully's brand. According to a lawsuit filed by Keurig's parent company last year, Global Baristas failed to pay the 2016 and 2017 licensing fees.

Avenatti claims to no longer be involved with Global Baristas. In fact, he insists he is only outside counsel for the company, However, he is still listed as the sole governing person for Global Baristas in Washington business filings. Avenatti claims he sold his part of the company at a profit sometime in the past. However, in 2017, Avenatti told the Federal Bankruptcy Court that he was the owner.

Two Tully's locations in Seattle have reopened with new names and new owners.

For what it's worth, Avenatti is still claiming that Tully's closed for rebranding, not financial and legal issues.

Read more: Stormy Daniels' Attorney Finds Himself In Hot Water Over Coffee Shop Chain

Dr. Dre Loses Trademark Dispute With Gynecologist "Dr. Drai" Draion M Burch

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In the rap world, names are extremely important. Unfortunately, in the gynecological world they don't have quite as much respect for a person's own cherished moniker. Enter Dr. Drai, the now trademarked alias of Pennsylvania gynecologist Dr. Draion M Burch, and recent winner of a longstanding trademark dispute with Dr. Dre, as reported by the BBC.

Dr. Dre filed a US trademark complaint against Dr. Drai in 2015, claiming that the medical Dr. Drai using such a similar name to sell audio books and personal speaking engagements would be confusing to consumers. But the trademark office disagreed, ruling that consumers spending an average of five grand in speaking fees would probably exercise a "higher degree of care" in their selections and thus would be unlikely to mistake the author of 20 Things You May Not Know About A Vagina with the author of The Chronic. 

Jamie McCarthy/Getty Images

In his own arguments on the matter, Burch claimed that "because Dr Dre is not a medical doctor nor is he qualified to provide any type of medical services or sell products specifically in the medical or healthcare industry," he was unlikely to infringe on Dre's own trademark, which the trademark office's ruling agreed with. Burch also took a shot or two at Dre's own work, citing what he described as misogynist and homophobic lyrics as evidence he wouldn't have wanted to knowingly confuse anyone into thinking he was affiliated with Dr. Dre.

Another interesting aspect of the whole dispute, albeit one that does not involve a gynecologist, is that from one point of view Dr. Dre isn't even the only Dr. Dre in hip hop, at least if you discount spelling. Fans of Yo! MTV Raps probably recall Doctor Dré, who like Dre also started using his chosen name in the early 1980s.

Read more: Dr. Dre Loses Trademark Dispute With Gynecologist "Dr. Drai" Draion M Burch

Shaq Used A Piece Of Paper To Show Young People How To Effectively Manage Their Money

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Shaquille O'Neal is one of the greatest players in the history of the NBA; both on and off the court. In addition to winning four NBA titles and appearing in 15 All-Star Games, the legendary big man earned over $280 million over the course of his illustrious NBA career, not to mention the money he made, and continues to make, off of endorsements. Now, over a half-decade after retiring from the NBA, Shaq is now a successful businessman and investor, and wants to show the younger generation how to manage their money effectively.

When Shaq was younger, he admits that he wasn't always the most financially savvy individual. "I went through a lot of trials and tribulations. A lot of failures," he told CNBC's Bob Pisani. He even explained a while back how he spent $1 million in the matter of an hour shortly after he signed his NBA contract. Though it's impossible for him to go back in time, he undoubtedly wishes he could give his younger self the same analogy he told Pisani.

(Kevork Djansezian/Getty Images)

"Alright children," said Shaq, while holding a sheet of paper. "This is $100 … What you want to do is, you want to rip the $100 in half." Take one half and "save it. Don't ever touch it. Put it away. Don't even look at it," said the Hall of Famer. "Now you've got $50 left. Now the smart people; the billionaires of the world, they'll take half of that $50 and put all that away."

"This right here," while holding a quarter of the paper he originally had in his hand, "is your fun money," said Shaq. "You want to buy houses, you want to buy cars, you want to buy planes, you want to travel? This right here is what you have fun with."

What Shaq is essentially saying is to save 75 percent of your earnings to put towards retirement, while living off of the 25 percent. Savvy advice from one of the NBA's greats.

Read more: Shaq Used A Piece Of Paper To Show Young People How To Effectively Manage Their Money


Daesung Net Worth

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Daesung net worth: Daesung is a South Korean singer, actor, and television host who has a net worth of $10 million. Daesung was born in Incheon, South Korea in April 1989. He was a member of the boy band Big Bang and has also been a solo artist. Big Bang's album Made in 2016 reached #1 in Korea, Japan, and on the US World charts. Their album Big Bang 2 in 2011 also reached #1 in Japan. The group has had #1 singles with songs including "Tonight", "Love Song", "Blue", "Monster", "Loser", "Bang Bang Bang", "If You", "Let's Not Fall in Love", "Flower Road", and more. Daesung released his debut solo studio album D'scover in 2013 and the album D'slove in 2014 which both reached #2 in Japan. He has been featured in TV series including Show! Music Core, Family Outing Season 1, and Night After Night and the musical drama series What's Up.

Read more: Daesung Net Worth

Henry Lau Net Worth

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Henry Lau net worth: Henry Lau is a Canadian singer, rapper, dancer, record producer, composer, actor, and entertainer who has a net worth of $12 million. Henry Lau was born in Toronto, Ontario, Canada in October 1989. He is most popular in South Korea where he is simply known as Henry. He has been a member of the group Super Junior M. The group released the albums Me in 2008 and Break Down in 2013. Henry Lau released his debut studio album Trap in 2013 which reached #2 in Korea and #3 on the US World chart. His album Fantastic was released in 2014 and reached #2 in Korea and #6 on the US World chart. As an actor he starred in the 2013 film Final Recipe and has appeared on several TV series. Lau has produced songs for many artists and is a part of the composing team NoizeBank. He has won several awards and been nominated for multiple Worlds Music Awards.

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Natasha Yi Net Worth

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Natasha Yi net worth: Natasha Yi is an American actress, model, and stunt woman who has a net worth of $1 million. Natasha Yi was born in Boston, Massachusetts in March 1979. She was a model for the television series The Price Is Right in 2005 and for the TV series The Price is Right Million Dollar Spectacular from 2005 to 2006. As an actress Yi has appeared in the films Rush Hour 2, Cradle 2 the Grave, The Onion Movie, Hell Ride, Thunder Over Reno, Street Playerz, and Speed-Dating. Natasha Yi has also appeared in the short Tester and the videos Playboy: Girls of Mardi Gras, Playboy: American Beauties, Playboy's Girlfriends and Mystique Presents H2Ohh as well as in episodes of the TV series V.I.P., The Starter Wife, Jimmy Kimmel Live!, Picking Miss Octane, and Rules of Engagement. She also performed stunts for Kelly Hu in the 2002 movie The Scorpion King.

Read more: Natasha Yi Net Worth

Timothy Bottoms Net Worth

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Timothy Bottoms net worth: Timothy Bottoms is an American actor and producer who has a net worth of $10 million. Timothy Bottoms was born in Santa Barbara, California in August 1951. He has more than 120 acting credits to his name and starred as Tom Porter on the television series Land of the Lost from 1991 to 1992. One of his first roles came starring as Sonny Crawford in the 1971 film The Last Picture Show. Bottoms has also starred in several other movies including The Paper Chase, Operation Daybreak, Rollercoaster, Hurricane, Tin Man, The Census Taker, Invaders from Mars, The Drifter, Return from the River Kwai, Top Dog, American Hero, The Man in the Iron Mask, The Girl Next Door, Call of the Wild, The Land That Time Forgot, and more. In 1972 he was nominated for a Golden Globe Award for Most Promising Newcomer – Male for Johnny Got His Gun.

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Facebook IPO'd Six Years Ago Today. How Much Would You Have If You'd Invested $1000?

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Six years ago today, Facebook made its debut on the stock exchange with its Initial Public Offering. Facebook sold 337 million shares of the company with the goal of raising $13 billion in cash during the IPO. Shares debuted at $38 and the company raised a bit more than $16 billion on the first day of trading. Today, Facebook stock is trading at just over $183.23 per share. So, if you had invested $1,000 in Facebook at the end of the trading day on May 18, 2012 at $38.23 per share, what would that investment be worth today?

EMMANUEL DUNAND/AFP/Getty Images

Before we get to that, it should be noted at Facebook's stock is currently trading lower than its all-time high closing price of $193.09 on February 1, 2018. After the Cambridge Analytica data scandal was made public, the stock fell off for a number of weeks as the market gauged how much it could or could not trust the social network.

Still though, from $38.23 to $183 and change is a substantial increase.

On Friday morning May 18, 2018 that investment would be worth $4,792.83.

Hindsight, as they say is 20/20.

Read more: Facebook IPO'd Six Years Ago Today. How Much Would You Have If You'd Invested $1000?

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