- AMG GT. Some million dollars y'all...change
[angry bass music]
- Wassup everybody it's Kelly Oubre Jr. Aka Tsunami Papi.
I'm here with GQ sports
and today I'm gonna tell you
how I spent my first million dollars.
[bouncy music]
- I'm originally from New Orleans, Louisiana, 2005.
I relocated to Houston, Texas
all the way up until my senior year in high school.
Growing up early stages life wasn't, you know,
not extravagant at all.
Now I give credit to my dad for working his butt off,
you know, my whole life to provide for us.
You know, I think that instills a lot of me.
- Being me and my dad, you know, my whole life,
something that he definitely instilled in me was financial
literacy. He made sure that I wasn't, you know,
spending outrageous at early age.
I know how to make money and, you know,
I know how to invest it and continue to save as well.
[bouncy music]
- My first nine games at Kansas I didn't play at all.
So, you know, and I was, you know,
really humbled from that experience.
I eventually got the opportunity to play and showcase my
potential, my skillset my translated
into the league, so everything happens for a reason.
[high energy music]
- Walk us kinda through that draft night,
how did you feel when you got that call?
- Ton of anxiety.
My life was definitely about to change everything that I had
worked for, you know, was coming to life.
Obviously draft night, I was blessed to, you know,
get drafted, period.
- Do you remember the feeling of like when that money
hit your bank account?
- It was a very exciting feeling of course,
but it was also scary cuz, you know, more money,
more problems.
[high energy music]
- Do you remember the contracts for the Suns
and the one that you signed with the Hornets?
- Both two year deals,
two year deal in Phoenix, two year 30 mil
and then I'm assigned a two year 25 mil deal with Charlotte.
Here are the details of my contract with the Suns and the
Hornets.
[high energy music]
- All right. So enough of how I made
my first million dollars,
let's talk about how I spent my first million dollars.
[high energy music]
- First thing I bought when I first got money was
Mercedes-Benz AMG G-Wagon.
And then I eventually got it wrapped too which, you know,
comes out to another good 6,000, you know,
on the wrap matte black painted rims, all that good stuff.
That was just my soldier and you know what I'm saying?
It was my baby. The G-Wagon was about 250,000.
[bouncy music]
- The next thing I pers I had to get a condo in
Washington, DC,
which was ranked the most expensive city at the time on
rent. So I think it totaled up to about 200,000.
- DC man two bedroom apartment. And the thing we're renting
it's like you to find somewhere
to lay your head that's comfortable.
And I'm very picky when it comes to picking houses because I
like my interior to look a certain way.
Like I coulda got a one bedroom somewhere right next to
the gym, but I've never been that guy.
I always had to do it a little more elegant, you know.
[high energy music]
- I had to get furniture as well for the spot.
I had to get a cloud costs from restoration hardware.
I got a free Casper Masterson there.
I went to Costco and got a bit, a guest bedroom bed for the
guest bedroom. and then I just got some art from Wayfair.
[high energy music]
- Another backstory. My dad had gotten bitten
in the head by a pit bull when he was younger.
So I used to always ask him for a dog and he,
"Hell no, we're not getting a dog."
And then, you know, when I got to the league,
I bought my own two dogs. Bought a dog, know,
who's $5,000 in itself.
And I had him for the first year that I was in the league.
And then my second year in the league, I bought another dog.
She was 7,000. It was a mini Frenchie.
Those are my babies and my first pets.
I only bought a Soul because Saint used
to be so lonely and I used to be on the road
and you know, he used to had to go to a dog watcher.
So I spent about 12 bands on my two dogs.
[high energy bass music]
- My first rookie contract I bought a set of diamond teeth,
four single teeth up top, and a whole grill probably around
maybe about $8,000.
And then I bought a little guitar chain.
It was my first chain ever rocking the mess out
that thing. Really was just tryna
get a piece of gold around my neck to match my
watch and my teeth,
so I was flexing for that for a little bit.
So that probably ran me about,
what? 1,500. Really was just tryna
get a piece of gold around my neck to match my
watch. I purchased two Florida Lee chains
for Saint and Soul, you know.
My dogs at the time probably ran me about seven bands as
well. I bought two black diamond rings
from Jason of Beverly Hills.
One was just like this actually, without the spin.
The other one was like a octagon shape, but I got those,
you know, on my rookie contract.
And those ran me about 13,000 together.
[high energy music]
- You know, my pops has been the least overhead
for me cuz he don't really want anything.
He never wanted gifts or anything like that either,
but, you know, he's very low maintenance.
He doesn't need, you know, too, too much.
You know, my first year he got a little apartment in DC,
you know. It was about two bands a month
for about 24,000 on rent for
him. You know, in the first year he got a Mercedes-Benz
s450. He knew what he wanted.
He said, "I want this.", you know. For my pops,
I'd probably say I would spend $50,000 in my first year,
you know. [inaudible]
[high energy bouncy music]
- I was partnered with the school in Washington,
DC called Duke Ellington.
I set up a seminar series called Black Boys
Rock the Arts for all the, you know, the younger kids
in the school who just needed inspiration.
It was a creative art school.
So I sat through design class with them,
I sat through guitar class with them.
Know I hosted about two or three seminars. At the end of the
year I gave away 25 scholarships to the seniors tryna,
you know, further themselves and go to college.
So just tryna inspire em,
prolly pretty much tryna give back to the next
generation is, you know, what my purpose was.
I'm just happy that I was able to do that, you know.
I had guest speakers like Brian Leslie, Young Paris,
Afrobeat artists. The best money that I spent, you know,
within the stack within my first contract.
[high energy music]
- And so also the MBPA actually matched my 25,000,
so, you know, each kid had got about $2,000.
[bouncy music]
- Definitely, you know, a big part
of this stuff was learning through my mistakes.
Big trading companies like Apple, Nike, Chase,
a lot of the banks.
I really was able to learn about the stock market
and I made back a lot of the money that I spent, you know,
just by smart investing.
I also learned to study GIA certified diamonds.
I have a regret buying the guitar chain with S high dock.
I shouldn't have never done that.
You'll be surprised though hey.
Your favorite rapper might be
wearing S high diamonds and you
wouldn't even know cuz that is the day you ain't
questioning them. Stay woke my people.
One thing that I did invest in, I invested in myself.
I spent about 10 to $15,000
just create an LLC for the businesses and the ideas that I
had. My grandma died also in my second year,
second to third year in the league.
I created a mark called Biophony, which was, you know,
pretty much infinite life and it was just for her.
It'd being inspired by, you know,
the whole process of grieving and that's another 5,000.
[high energy music]
- In my second year league I bought my mama a crib
in New Orleans.
It was a blessing for me because I think that as she's been
living in inner city.
We close on the house pretty much after my second year in
the league. So I was still on my rookie contract,
but I knew that, you know, my next contract was coming.
So, you know,
I definitely wanted to do something for her because
at the end of the day, I was just,
I didn't wanna have her moving from house to house.
You know, New Orleans real estate is not too crazy
so, you know, it was about 240,000.
[high energy music]
- I just wanted her to kinda find a place that she likes,
you know. We had some options that we went through
and then, you know,
we settled with the one that she's in right now.
It was a blessing like I let her do her thing.
She was just happy in herself, you know,
feel gratitude that 'shoo' I was able to buy her home.
Yeah it wasn't any keys, surprise hanging of anything.
It was just her, you know, signing the papers,
signing her name on the house
and then having something of her own.
[bouncy music]
- So my second year in the league summer,
I purchased a 2018 AMG GT. I wanted the SLS,
but they were sold out everywhere or they were hidden for a
good pretty penny. So, you know,
I went with the AMG GT and I called her the Bane mobile.
Yeah I got Bane tatted on me. Respect to Bruce Wayne,
but I like Bane, you know,
because it makes people feel like they're in charge
when they really in charge. I had the Bane mobile,
you know what I'm saying? It was about,
it was about one-forty.
[angry bass music]
I paid another 10 to get it wrapped matte black,
just like my G wagon.
So, you know,
I got the G wagon and I got the GT and I get to drive a
different car. You know what I'm saying?
Every other day if I want to,
so I was feeling real good. At the end of the day,
when you on the team for the youngest, centric guys who show
their money off really well,
you kinda are motivated to do the same in some senses.
So I stepped outta character. I got the GT and
I was flexing young rook out here.
[high energy music]
- Thank you to GQ sports. You guys saw how I made,
spent and saved my first million dollars. So, you know,
catch me this season with the Hornets, man.
Bye city. Queen city we here, let's get it.
[high energy music]