‘She’s Lucky She Gets a Kitchen for that Price’: Shark Tank’s Barbara Corcoran Says Lay Off Angel Reese and Her $8K Rent, It Could be ‘Worse’
Forum TalkCommunity Forum / Forum Talk 1 month ago 51 Views 0 comments
Angel Reese’s recent revelation about her WNBA salary not covering her $8,000 monthly rent in Chicago prompted debate among fans and financial experts alike. While some criticized the Chicago Sky player for “living beyond her means,” Barbara Corcoran, real estate mogul and “Shark Tank” investor, says Reese’s situation could be far worse.
Photo via Instagram, @angelreese5
A Good Deal?
“$8,000 a month in Chicago? She’s lucky she gets a kitchen for that price,” Corcoran said to TMZ Sports recently. “Thank God she’s not in New York. Here, she’d be paying $12,000 for the same apartment. So, it could be worse.”
As of October 2024, the average rent in Chicago is $1,847 per month, which is 19% higher than the national average. The average rent in Chicago Loop is: $2,067 for a studio, $2,504 for one bedroom, $3,624 for two bedrooms, and $5,497 for three bedrooms.
Earlier this month, during an Instagram Live Reese remarked her $73,439 WNBA salary did not cover her rent struck. And the comment stuck a nerve online, with supporters pointing out that her additional income streams — such as her estimated $1.7 million in annual endorsements with brands like PlayStation, McDonald’s, Amazon, and Reebok–more than paid...
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