How Much Does Pro Football Players Make latest 2023

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NFL Players And Money

One of the questions people always ask me about being an NFL player is, “How does it feel to make so much money at such a young age?”

I have to say that it is very difficult to go from being young and penniless to being young and a millionaire because you don’t know how to be financially responsible. It’s like winning the lottery, and as you know from reading about lottery winners, most lottery winners go bankrupt within 10 years of winning the lottery. Well, it’s not that different with professional athletes. The reason is that most professional athletes and lottery winners have never learned money management skills. Going from broke one day to a millionaire the next is a huge life change, mostly because once you have money, everyone wants you to give it to them, and most of the time you do. .

I come from a single family home without a father, which is what many professional NFL players have in common. I’m also African American and my family didn’t have a lot of money, which is also very common among NFL players. Because of this, I was never taught how to handle money responsibly and plan for my future. I went from being broke one day to being drafted into the NFL and becoming a millionaire.

A huge problem with being young and having a lot of money is the pressure from just about everyone, including other players, to spend a lot of money very quickly. When you’re rich, everyone wants your money, especially your family and friends. My mother, my aunts, my uncles, my cousins, my friends, etc. all wanted to borrow money from me. And of course I gave them. Then you have girlfriends and wives who want you to buy them lots of expensive gifts like cars, jewelry and clothes because you are rich and they want to show off to their friends. You also have charities, investors and business people all asking for your money – and you end up giving it to them.

But perhaps worst of all are the other players, because when it comes to money, the blind lead the blind. We all spend our money like it will never run out because we are not educated in financial responsibility. For example, in order for you to be cool and respected by other players, you need to follow them. So if a player buys a new SUV, you want to buy one too. I mean, you can’t be an NFL player and drive a normal car like a Honda Civic. You have to drive an expensive Hummer, Cadillac Escapade, BMW, Mercedes, Porsche, etc.

You must also have a huge expensive house. All the other players do, and if you live in an average house, they look down on you. Thus, we spend a fortune to buy huge houses for us and for our parents that we do not need. And of course there is the jewelry. We spend so much money on jewelry it’s crazy. It’s nothing for a player to spend $100,000 a year or more on jewelry, and that’s fair to us. This does not include all the jewelry we buy for our family, wives and girlfriends. This is all extremely irresponsible. But, when so many people are pressuring you every day to buy things and follow other NFL players, it becomes a lot easier to say yes than to say no, even as you watch all your money disappear.

Another problem is that as a wealthy NFL player, you are expected to return the bill for everything. Every time you go out to a restaurant, you are the person paying for everyone. And, when you go out with other players or your buddies, it’s always to a fancy club where we go to the VIP section and spend thousands of dollars on fancy champagne and drinks – for everyone. I have known players who have spent over $25,000 in one night at a club. And then they’re going to do it over and over again so they can be the “big man”.

Another problem NFL players face is women who come after us for our money and status. And many of these women are gold diggers. If we weren’t wealthy athletes, these beautiful women probably wouldn’t look at us twice. But now that we’re rich and famous, women are constantly chasing us. It almost always leads us to marry a woman we shouldn’t marry, then divorce after a few years and lose a large percentage of our money in the divorce. I made that mistake myself and it cost me dearly and still costs me.

Basically, being a wealthy athlete is a lot harder than you think because there’s so much pressure on us to spend our money as quickly as possible. Money amplifies problems, it doesn’t eliminate them like most people think.

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