By Michelle Seiler-Tucker, Special for USDR
It’s the American dream to become your own boss and own your own business. Additionally, it’s an American idealistic fantasy to be able to retire in your 20’s, but surprisingly it’s not the typically logical path if you are a signed athlete with the National Football League. It must be the love of the game for these men that keeps them going season after season. Perhaps it’s the adoration and addiction to fame, or the notoriety and power; or perhaps it is because football is all they know and they don’t know how to handle the ridiculous amounts of money they make. Whatever it is, the NFL is an American favorite, and very few of these professional athletes opt out of their contracts early…until now.
The San Francisco 49er’s linebacker, Chris Borland, one of the NFL’s top players this past season announced that he would retire at the wonderful age of 24. As a line backer, the successful player decided to do extensive research in relation to his current and future life in a football career. He decided to retire after reviewing the long-term effects of repetitive head trauma.The reality is that more than 70 professional NFL athletes to date have suffered from adverse neurological side effects from playing football, and those numbers have just recently started to be documented. However, there is no doubt that Americans love football (American football, that is). Football is here to stay for a while. Borland just wanted to convey the message of making educated decisions when playing with the idea of pursuing a professional football career to younger adults. It may be a game, but its side effects will affect a person’s life after retirement.
Currently, professional football players have very nice salaries. The lowest paid NFL players make at least $6,000 a week if they are on the practice squad. Additionally, NFL players on the active roster, such as Drew Brees, can make over $20 million annually. Meanwhile, the average American makes $36,000 and manages to survive, and only 2% make more than $210,000 and then even those manage to thrive!
I think that Borland’s actions will do him well in the future. Millions of Americans are looking for some way to get ahead, and Borland did it. He has the funds he needs to sit happy for the rest of his life, and the option to multiply it several times if he invests it intelligently! I always tell my clients’ that buying a business is the first step towards financial freedom. I want to communicate that there are so many other ways to turn the money an NFL player makes into several times more than that. There is absolutely no reason to risk your health and well being. Quit while you are ahead! I’ll quadruple the money you invest through me. And likewise, just like with life, the same goes with businesses, the best time to sell is when you are doing well. Never forget that!