Shaq to UKs soon-to-be pros: FICA will take all your money. [View all]

WILLIAMSBURG -- Before they ever dress in NBA uniforms, the University of Kentucky’s latest soon-to-be millionaires should have some business sense about them.

That was the advice offered by Shaquille O’Neal, a Naismith Hall of Fame member who won four NBA championships before retiring in 2011. He was in town as the keynote speaker for the University of the Cumberlands’ 12th annual edition of “The Excellence in Leadership Series.”

“Be prepared to handle your business,” O’Neal said. “Nineteen-year-olds, 20-year-olds making 20, 30 million (dollars), it’s kind of hard to handle. You need to have some sort of business type about yourself.”

O’Neal added with a grin, “One term you must know is FICA. FICA will take all your money.”

Read more here: http://www.kentucky.com/sports/nba/article143003199.html