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Kevin Ollie Update
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[QUOTE="DCHuskyFan, post: 3212090, member: 302"] First, as someone previously mentioned, NBA players do not collect pensions until age 60-62. Second, unless he paid his ex-wife a lump sum that specifically included a portion for the marital share of the pension, assuming she was married to him for most of his time in the NBA, she is entitled to 50% of that amount. The lump sum payment for $100K per year for 20-30 years (that he would collect) is not insignificant. He also may have been required to agree to a Survivor Benefit, so she could collect even after his death, if he predeceases her, which would further reduce the total $200K pension by 5-15% per year. Taking taxes into account, he will likely net far less than $200K, maybe $50-60K. [/QUOTE]
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