http://www1.pressdemocrat.com/apps/pbcs.dll/article?AID=/20061206/NEWS/612060383 So... I guess he doesn't coach becasue there's something more profitable to do. Good for you, Hakeem. Edit: I mean... seriously, if I had the money, I'd do the same.... I'll bet he made more $ than Pat Ewing. He can just spend his spare time teaching a young big guy or two in the summer.
I hate to say it, I am slowly becoming more and more disenchanted by him, or is it to him? I don't know, all I know is that I haven't really been a "fan" of dream in the past 6 years.
Is it really? So there are no Muslims working in financial and/or banking industries in this country? Moreover, how do Muslims pursue their "American Dreams" (i.e. getting houses without full purchasing power)?
^ what has dream done? he is done with basketball, he doesnt owe us anything else. He is dedicated to his religion and i honestly dont think that he wasnt to be a coach. there is nothing wrong with that.
I just feel like he doesn't even give a damn about the team anymore, at all. It's not just the coaching, I feel like he never has really made amends for the way he left. As a Rockets fan, I'm most disappointed in him for that. If the Houston Rockets magically ceased to exist tomorrow morning, I doubt he'd even bat an eye. Maybe I'm wrong, it wouldn't be the first time, and it won't be the last.
Good for him, if he can be as successful out of basketball as he was while playing then more power to him. There aren’t too many basketball players who do extremely well after they retire. He remains my favorite player of all time.
There is "Islamic banking." I'm not sure how exactly it works, but my impression is that enables some sort of payment of fees for borrowing/lending money without having it technically be "interest." Wikipedia probably has something on it.
Dream owes nobody. Where is it written that once you win a championship you now owe your team and city a lifelong commitment in the form of coaching or helping out? r****ded. It is really. Actually, living debt-free, without having credit card and loan payments charging an average of 200% more than the price of whatever goods/services were purchased is a good thing. True purchasing power = actual assets = true net worth. Muslims realize their American Dreams by being patient and purchasing things once they have the money to. It also creates a much less stressful lifestyle because you own 100% of everything you have in your possession. Many Muslims do work in the banking and financial industries and this is not necessarily prohibited in Islam since it is 'intention-based'. The intent of avoiding the giving or taking of interest is to avoid the 'rich getting richer and the poor getting poorer' syndrome which is always the ultimate outcome of an interest based system. Giving a loan should be a charitable act rather than a means of taking advantage of and exploiting the poor. If you want something and you don't have the money to buy it, then you shouldn't. Of course there are many ways to exploit an interest based system and make lots of money, but that is usually done by people who have a good deal of wealth to begin with. I find this aspect of Islam interesting because it is in line with what many top-shelf economic scholars and financial gurus advise in the first place. Sorry, couldn't resist responding here.
Made amends? Maybe the guy wanted a little money but we owed him. We should have shown some respect. The people in charge of his contract are the same people that Olajuwon made prosper. Stinginess! And for what? Mo Taylor? Maybe he did something I forgot about but if anything the organization needs to make amends.
Forgive me for saying so, because I am a huge Rockets fan always, but Hakeem doesn't owe the team anything. He already did more for this franchise than anyone else ever has, and if anything, the team is the one who owes him. After 94 and 95, Hakeem is off the hook for owing any debts to the team. That said, I would love to see him get back involved with the team. But if he is finding success in other areas, who are we to say he is wrong?
Hakeem is Hakeem. He has moved on since basketball, finding new ways to be happy. Not every star needs to hang on to the league to be happy. In fact, it is probably healthier to move on. If you want Hakeem to be something other than what he's always been, his own person, then you don't understand the dude.
I'm proud for Hakeem making good money. I like to make money too! He still keeps up with Rockets -I read in a Chronicle article this last offseason. He loves Houston and has roots here. He is a class guy. He never got the big endorsments other players have.He also made most of his baketball money at the end of his career..... A great success story for a very good man. Good for you Hakeem- you are and always will be " unbeatable"
Hakeem has been coaching over the summer called, "Hakeem's Big Man Camp" @The Wellness Center at Memorial Hermann-HBU Guys like Emeka Okafor, DeSagana Diop, D.J. Mbenga, Ike Diogu, Luol Deng, & More attended the camp. Look how much Okafor's numbers have increased this year! Was it Hakeem's training? I THINK SO! He coaches out of the love for the game not for power or controll, IMO. Hakeem is and allways will be the DREAM!
I used to have a colleague, who's a very religious Muslim. He never bought a house, although he's made good money in Financial IT industry long enough. But until he has all the cash to buy a house, he won't own anything. He said that his religion doesn't allow him to borrow money and pay interests.
Are you absolutely friggin kidding? You're more disenchanted with him because, what, he's successful in real estate? Gee, now there's someone I definitely don't want to use as a role model for my kid- have a successful sporting career, playing the game with integrity and honor, then start a 2nd career and be successful at that, too- WHICH IS THE RIGHT OF ANYONE WHO LIVES IN THIS COUNTRY- and then stay faithful to your religion even when many don't, and then keep involved with the game by visiting your former teammates to give support (Robert Horry during the 2005 Finals), people who weren't even your teammates but play for the Rockets (showing up for T-Mac's celebrity softball game), and holding free clinics for current big men in the game (Okafor) because you feel obligated due to everything the sport has brought to you. No offense, but he's probably the one Rocket that is the hardest to be disenchanted with- not to "hero worship," but without Dream, we're a team searching for its first championship.
We had a Kuwaiti company investing in some real estate assets with my company a while back. Because of the prohibition on interest, we had to rename our debt service payments on the books as "rent expense." It was still interest, but they preferred to conceive of it as rent until the principal was paid down. I don't know if that really flies with Islam, but it worked well enough for them to justify it to themselves, I guess.
I have to agree. His combination of size, strength and agility - the quickness in his hands and feet - have probably translated better to the real estate game than Chamberlain, Russell and Alcindor combined.
This is not new...Hakeem has been doing this since his playing days. He owns property all over H-town, and has his firm's headquarters off of Beltway 8 (don't know if it is still there or not). He owns land in Missouri City and owns the mosque downtown next to UHD. Hakeem doesn't own the Rockets anything. It's his life to live as he sees fit and now he is living in Jordan studying arabic to better understand Koran. Props to him!
