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Broke Ballers 

A person who "hustles" (they suck at it)all day and night, and has nothing to show for it, but the new Jordans, and a fit. The "wad" of money in their pocket is ALL the money they have to their name- so if they get robbed...
Them corner niggaz that quit hustlin after they make a G are some broke ballers.
Broke Ballers by Redstallyun August 2, 2005

broke baller 

A "hustler" that don't know how to stay in the game- usually carries the only $500 to their name with them at all times to look ballerific. A "hustler" that does more shit talkin on the block than hustlin- has no car, but ALL the latest gear (sometimes not even that), and talks about the "game" constantly.
That nigga been hustlin since 2000, and he still can't afford a car, or a place.
broke baller by Redstallyun September 14, 2005