Money Wire
▲2 The Root · A Letter to the Girl Behind Nicki Minaj’s Persona▲6 CNBC · Oracle integrates ChatGPT, Codex into apps and expands cloud chip lineup▲9 MarketWatch · JetBlue has been losing money for years. It just charted a path to profitability.▲8 MarketWatch · When will Anthropic go public? Here’s what to know about the IPO timeline.▲10 AfroTech · Ternwheel, A Fintech Web-Based Software Solving For Operational Inefficiencies In The Entertainment Industry, Closes $2M Seed Round▲5 Black Enterprise · Tina Knowles, Kelly Rowland Team Up To Support Black Maternal Health In Houston▲7 CNBC · Honda warns 50% Canada auto tariffs would be catastrophic for auto industry▲5 CNBC Business · American Airlines hikes annual fees on rewards cards for first time since 2018▲2 The Root · Best Looks at HBCU Homecomings in 2026▲7 MarketWatch · U.S. economy is gathering steam. This is the chief reason why.▲5 MarketWatch · How to use I-bonds to create guaranteed, inflation-proof income in retirement▲5 CBS MoneyWatch · High airfares are weighing on Thanksgiving travel plans this year▲1 CNBC · Ex-FBI official's lawyers slam unusual new criminal charge: 'Outrageous government conduct'▲8 MarketWatch · How Broadcom’s stock can surge and overcome ‘the biggest dislocation in the market’▲5 Word In Black · A New NAACP Voter Tool Puts Data Centers on the Ballot▲2 The Root · A Letter to the Girl Behind Nicki Minaj’s Persona▲6 CNBC · Oracle integrates ChatGPT, Codex into apps and expands cloud chip lineup▲9 MarketWatch · JetBlue has been losing money for years. It just charted a path to profitability.▲8 MarketWatch · When will Anthropic go public? Here’s what to know about the IPO timeline.▲10 AfroTech · Ternwheel, A Fintech Web-Based Software Solving For Operational Inefficiencies In The Entertainment Industry, Closes $2M Seed Round▲5 Black Enterprise · Tina Knowles, Kelly Rowland Team Up To Support Black Maternal Health In Houston▲7 CNBC · Honda warns 50% Canada auto tariffs would be catastrophic for auto industry▲5 CNBC Business · American Airlines hikes annual fees on rewards cards for first time since 2018▲2 The Root · Best Looks at HBCU Homecomings in 2026▲7 MarketWatch · U.S. economy is gathering steam. This is the chief reason why.▲5 MarketWatch · How to use I-bonds to create guaranteed, inflation-proof income in retirement▲5 CBS MoneyWatch · High airfares are weighing on Thanksgiving travel plans this year▲1 CNBC · Ex-FBI official's lawyers slam unusual new criminal charge: 'Outrageous government conduct'▲8 MarketWatch · How Broadcom’s stock can surge and overcome ‘the biggest dislocation in the market’▲5 Word In Black · A New NAACP Voter Tool Puts Data Centers on the Ballot
Culture & Capital

Black culture · business · wealth

Sports Business

Ex-NBA Star Paul Pierce Says He’s ‘Drowning Financially’

Source: The Root · Oct 27, 2026

Share

The Money Angle

Business relevance

7/10

  • 01Despite approximately $200 million in NBA career earnings, Paul Pierce claims financial distress after losing a Fox Sports job paying $100,000 a month.
  • 02Pierce reports no guaranteed monthly income and says his business ventures brought in $23,000 last month. Court documents list $300,000 in cash and $3 million in property assets.
  • 03He claims $96,000 in monthly expenses, including $28,000 in child support, $20,000 in spousal support and $48,000 in recurring bills.
  • 04Princess Santiago disputes his financial account and seeks $30,000 a month in child support. Pierce is asking a judge to reject her additional requests for $40,000 in legal fees and $10,000 for a forensic accountant.
  • 05For Black athletes building lasting wealth, the dispute highlights the difference between substantial career earnings and enough ongoing income to cover post-retirement obligations.
Share

Who's involved

Paul PiercePrincess SantiagoFox SportsBoston CelticsNBATMZYahoo SportsJulie Landrum

Tickers mentioned

No public companies
Original reportingRead the full story at The Root →

This Money Angle is an AI-assisted summary of reporting by The Root. Figures come only from the source article. Not financial advice.

Weekly · Money Moves

Get the week's biggest deals and dollars in Black culture — every Sunday.

The week's biggest deals, dollars and moves — every Sunday.

More in Sports Business

Former NBA All-Star Amar’e Stoudemire Trades Basketball Jersey For Police BadgeFormer WNBA Player Renee Montgomery Invested In The Atlanta Dream When It Sold For Up To $10M, Now Its Valuation Has Soared To $280M