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Birdman Loses $2 Million on NBA Championship

Johnny Nunez/WireImage

When you bet big, there's a possibility that you'll lose big, which is a lesson that Birdman learned last night (June 12).

The Cash Money millionaire lost $2 million on the NBA Championship game for betting that the Miami Heat would be the victors over the Dallas Mavericks. For the first time in franchise history, the Dallas Mavericks won the NBA Championship beating the Heat 105-95 in Game Six. The victory wasn't just good for the team, television ratings also reached the highest for a Game Six in 11 years.

During the game, Birdman seemed confident that his team would win. "Don't panic real n----az know tha rules stay focus.miami heat YMCMBusiness.2million gone turn 2. 4m [sic]," he tweeted. Yet once the game was over, he headed out to LIV nightclub in Miami where he partied the night away alongside Lil Wayne and the Dallas Mavericks.

Birdman is known for spending money just as fast as it comes in. Earlier this year, he won $1 million betting on the Super Bowl, then shelled out $8 million on a German sports car. However, with the releases of albums from Lil Wayne and Drake coming later this year, plus all of the other artists on his roster, chances are his finances will be just fine.

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173 Comments

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Amina Rezig

not thing in this world d to kill what i have in side of me

June 19 2011 at 9:00 AM Report abuse rate up rate down Reply
Ti

I really dislike their music ----but people buy it, or he would be broke!

June 16 2011 at 6:30 PM Report abuse rate up rate down Reply
PJ

This passes for music? nuff said.S A D

June 16 2011 at 5:09 PM Report abuse rate up rate down Reply
GJJ

There are so man children out here who could have benefited form this money. You bet on a game when those players are making millions and also helping other children who are in need. Why didn't you just donate the money to the HEAT CHARITY. You have the perfect nickname cause birds don't think. There are a couple that makes my life hell when I put out my garbage. They pick though the bag till it makes a mess....

June 16 2011 at 3:01 PM Report abuse rate up rate down Reply
Kevin Ardoin

Boy could have gave that monet to the poor

June 16 2011 at 11:17 AM Report abuse rate up rate down Reply
Kevin Ardoin

Boy coulda gave that money to the poor

June 16 2011 at 11:17 AM Report abuse rate up rate down Reply
Diya Nabawi

This is the type of character that is influencing our black youth and setting the standards.

June 16 2011 at 6:58 AM Report abuse rate up rate down Reply
Diya Nabawi

This is the type that is influencing our black youth!!!

June 16 2011 at 6:55 AM Report abuse rate up rate down Reply
JLick@love.com

Dumbass should've backed up his investment with some paid refs...I'm sure 100 grand would've sufficed...

June 16 2011 at 1:43 AM Report abuse rate up rate down Reply
Randy

Again, so what. He can't spell 2 million so what is the big deal. He thought it was $20.00. Don't forget, nobody said you need a High School certificate to try and flap. You can be as stupid and dumb as you wannabe. Does this story surprise anybody? Just like his flappin is a lost, his gambling ability and knowing the game of basketball is lost.
Listen bird poop, if a team could beat the Lakers like you beat step-children, that team could beat that weak under-achieving fizzle. The whole team choked every single time the Mavs took the lead. And the Weak just froze up in the last ten(10) minutes of the game. Get with Charles Barkley and between the both of you, have smebody teach you how to gamble and win. There are no Brownie Points for losing milions of dollars. It means you are too stupid and too dumb to gamble. Take the hint, The advice is free. Next time, give what you want to gamble to a charity. That way, your stupidity would be shown in other areas of your life. Like trying to flap. Terrible.

June 16 2011 at 12:02 AM Report abuse rate up rate down Reply
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