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dkurty | 5 months ago

Love hearing about professional athletes taking their finances seriously. Based on the article, seems like he's taken the same approach as Rob Gronkowski--investing all of his NFL contract, living only on endorsements.

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NickC25|5 months ago

Easier to do when you're an extremely relevant person in your sport.

Not all NFL athletes have a shot at getting any endorsements at all. In fact, most don't.

Be a star player or famous role player on a very successful team, that's way different than some backup lineman who is out of the league by the time their rookie contract ends.

American football is by and far the worst culprit - in all the other big or semi-relevant american sports - baseball, basketball, hockey, etc, you can make a decent living playing overseas. Not huge, but decent enough. Can't do that with football.

dkurty|5 months ago

100% agree with you. Median salary is $800k, which is amazing, but if you only get 2-3 years out of it, need to index the take-home and live like a college student to make it worth anything after compounding.

wubrr|5 months ago

The median NFL salary is like 850k/year, and the average is ~3million/year.

Seems like a lot for playing with a ball, while producing exactly zero in practical value (other than advertising and distraction, which is a net negative for society arguably).