My neighbor some years ago spent two years in the NFL and six in the CFL (1990s to early 2000s). Got a real college degree in Finance, it seems. After retiring he became an investment advisor to sports and entertainment stars. Seemed to have a solid middle class lifestyle. His wife was a star athlete as well, but apparently made very little money out of it. As I understood it he made a total of just over $1m in an eight year career, about half of that in the two NFL years.
He’s now in the private equity game.
A guy I used to play tennis with was a sports memorabilia dealer. You would not believe the stories of financial idiocy he told about his clients. But these were players from the 1970s and 1980s when the money wasn’t that huge.
Where did you get that information? In the low minors it’s not unusual for players to earn about a thousand bucks a month.
According to Most minor league ballplayers earn less than half as much money as fast-food workers | For The Win, many players earn less than povert level wages.
Ron Shelton became a writer and director after six years in the Minors. No wonder he’s responsible for two of the greatest baseball movies ever (Bull Durham and Cobb).
My bathroom was renovated last year and the company’s Construction Manager played in the NHL for a few years in the 80s.
Edgar Martinez runs an embroidery company and imports high end tequila from Mexico.
A guy I know played a handful of games for the Mets. He didn’t catch on there, but he’s an FBI Special Agent these days.