Former Raiders pick says mom tried to hit him up for $1 million after draft


Aaahhh the love of a mother… who apparently showed her true colors when the Oakland Raiders selected her boy, CB Phillip Buchanon, 17th overall in 2002 NFL Draft.

According to Buchanon in his new book, New Money: Staying Rich, his mother asked for a cool one million after his big day:

“Soon after the draft, she told me that I owed her a million dollars for raising me for the past 18 years. Well, that was news to me. If my mother taught me anything, it’s that this is the most desperate demand that a parent can make on a child. The covenant of having a child is simply that you give your child everything possible, and they owe you nothing beyond a normal amount of love and respect. There is no financial arrangement.”

New Money Staying RichBuchanon wisely didn’t fork over the $ million; he instead, perhaps unwisely bought her a big house and covered the $15,000 in maintenance costs. An “an uneducated purchase” he called it.

When the house became a burden, he offered to either buy her a smaller house or give her $15 grand.

She of course took the money.

“Early on, I found myself in too many situations where some relative would come to me and claim they needed something fixed. So I’d write them a check; of course, the problem never got fixed. The check, however, always got cashed. By trying to fix a problem, I created an additional one for myself … It took hundreds of thousands of dollars, far more than the cost of an Ivy League education, to learn this lesson. I can at least attribute it to my mother. It’s true; mothers have a way of making you learn the most important lessons in life.”

H/T Fox Sports, USA TODAY’s FTW



Powered by