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Shaq's Million-Dollar Dash: First Check Spent in Under an Hour
9 Dec
Summary
- Shaquille O'Neal spent his first million dollars in approximately 45 minutes.
- He purchased three cars, jewelry, and gifts shortly after receiving the check.
- A bank warning revealed he was nearly broke after taxes and fees.

Shaquille O'Neal's professional basketball career began with an extraordinary financial event. Shortly after being selected in the 1992 draft by the Orlando Magic, Shaq received a million-dollar check from a sports card brand for endorsing their product. This substantial sum was quickly spent, marking a dramatic shift from his previous financial reality.
Within approximately 45 minutes, O'Neal had purchased multiple cars, including dream models for himself and his family, along with considerable jewelry and gifts for friends. This impulsive spending spree left him with significantly less than expected once taxes and fees were accounted for.
The immediate aftermath saw a stark financial reality check when his bank alerted him to his dwindling funds. This early lesson in fiscal responsibility, though costly, shaped his later understanding of financial management as he evolved into a successful businessman and investor.




