Some skilled athletes make tens of tens of millions of {dollars} and nonetheless go broke. Dolphins rookie quarterback Tua Tagovailoa won’t be a kind of athletes.
Tagovailoa acquired $30.three million assured, together with a $19.6 million signing bonus, on his four-year rookie contract. He isn’t spending a dime of it.
As an alternative, Tagovailoa stated in an interview with GQ, each NFL paycheck goes into financial savings, and all he’ll spend to dwell on is what he will get in endorsements.
“I’m gonna be residing off of my advertising and marketing cash, so the endorsement cash that I get, after which all the pieces else is simply put to the facet,” Tagovailoa stated. “So the cash that I’m making from my contract, that’s put to the facet, so none of that’s gonna be seen.”
With endorsement offers with a number of massive firms, Tagovailoa has been capable of buy some good gadgets, together with a $1.65 million home close to the Dolphins’ facility, an $80,000 Escalade for his mother and a $10,000 Rolex for his dad.
“I’d say I’m pleased with what I spent it on,” Tagovailoa stated.
Tagovailoa is sensible to acknowledge that for professional athletes, the cash you make at age 22 isn’t going to final perpetually. Except you’re sensible about the way you spend it.
Tua Tagovailoa will save his $30 million rookie contract, dwell on endorsements initially appeared on Professional Soccer Discuss
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