Stories of NFL players blowing millions on bad investments, bad habits, and badass strippers are rampant throughout the NFL.
Junior Seau was forced to play years after he wanted to retire due to bad investments, scams, alimony, and a gambling habit. Dexter Manley sold his Super Bowl ring to feed his cocaine habit.
But Detroit Lions wide receiver Ryan Broyles is the dramatic exception to the rule.
Despite having made more than $3 million thus far in his career, he budgets his lifestyle to $60,000 a year, according to an ESPN profile.
“Whatever comes, it’s just a blessing,” Broyles reflects on money. “But I got the mindset of a businessman off the field, I’ll tell you that.”
Exotic cars? Not unless your idea of exotic is a base model Ford Focus.
Broyles says his fiscal conservatism let’s him play for the love of the game and never worry about money.
“I studied as much as I could,” Broyles tells ESPN. “Talked to people wealthier than me, smarter than me. So that definitely helps.”
Broyles has begun working with a company to promote a video game teaching financial responsibility. According to a feature piece by ESPN’s Michael Rothstein:
Broyles immersed himself in the financial world. In March, he went to Washington, D.C., with New Orleans running back Mark Ingram to speak to students about financial planning. He worked with VISA and the NFL on promoting a Financial Football video game in classrooms to help teach financial security and planning in both D.C. and his home state of Oklahom
Broyles says sticking to a budget has helped him learn when and where to spend his money.
“Then you know how much you can invest, how risky you can be,” Broyles said. “When I was hitting the same budget over three, four, five months, it was all right. This is what your budget is and I had some spending money.”