Joe Smith Lost $86 Million After NBA Found Out His Agent Made An 'Under-The-Table' Deal With Wolve

Former NBA player Joe Smith discloses the financial toll of an $80 million under-the-table deal scandal.

Former NBA player Joe Smith claims to have lost $80 million after the NBA discovered an "under-the-table" deal between him and the Minnesota Timberwolves. 

In a recent interview with VladTV, Smith revealed the details of the scandal that unfolded early in his career. 

After being selected as the No. 1 pick by the Golden State Warriors in the 1995 NBA draft, 

Smith played for the Warriors for two and a half seasons before being traded to the Philadelphia 76ers.  

Following the 1999 NBA lockout, he signed a suspiciously low one-year, $1.75 million deal with the Timberwolves, raising eyebrows in the league. 

The NBA found out about an under-the-table deal between Smith and the Timberwolves, involving him signing three consecutive minimal one-year deals.  

This arrangement allowed the team to acquire his Bird rights and eventually exceed the salary cap to sign him to a more lucrative deal. 

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