Barbara Corcoran Weighs In: Angel Reese’s $8K Monthly Rent in Chicago is a ‘Smart Investment’

Recently, **Angel Reese**, a forward for the WNBA’s Chicago Sky, made headlines when she expressed her frustration on Instagram Live about her salary not being sufficient to cover her rent in Chicago, where she reportedly pays about $8,000 a month. This revelation sparked discussions and reactions from fans and commentators alike, with many questioning her financial management.

Barbara Corcoran, a well-known real estate mogul and star of the show **Shark Tank**, weighed in on the controversy. She acknowledged Reese’s situation but pointed out that renting in Chicago isn’t as bad as it could be. According to Corcoran, paying $8,000 for a place in Chicago isn’t the worst scenario. In fact, she noted that the same apartment in New York would cost at least $12,000, suggesting that Reese should count her blessings regarding her rental situation.

Corcoran also mentioned that considering Reese’s financial situation, she doesn’t believe the athlete is out of touch with reality. In her opinion, living in a vibrant city like Chicago for $8,000 a month is a fortunate deal, as Corcoran playfully commented, “she’s lucky to get a kitchen for it.” This adds a light-hearted touch to the discussion, contrasting the serious nature of financial struggles that many athletes face.

However, Reese faced backlash online after her comments, with fans claiming that she was living beyond her means and lacked proper budgeting skills. Despite the criticisms, Corcoran defended Reese, stating that the rent reflects the market and that athletes should be allowed to enjoy their earnings without being judged harshly.

Looking forward, Corcoran expressed her belief that Reese would likely transition from renting to owning a property soon. With multiple sponsorships and a lucrative multi-year extension with **Reebok** to her name, Reese has a considerable income beyond her WNBA salary. This financial backing should ensure her stability and open doors for future investments, including home ownership.

Reese’s situation sheds light on the broader issue of athletes’ finances and the challenges they often face, especially in leagues where salaries can be significantly lower than anticipated when compared to their male counterparts. Such discussions are crucial for understanding the economic landscape of women’s sports, which continues to grow and gain recognition.

In summary, while Angel Reese may have initially sparked controversy with her comments on rent, figures like Barbara Corcoran remind us of the broader context in which these athletes operate. In an era where women’s sports are gaining ground, it’s essential to engage in meaningful conversations about their financial realities and support their journey as they continue to break barriers. Reese is poised to thrive, leveraging her skills and opportunities, making her an athlete to watch in the coming years.