Offseason Money Strategies for NFL Players | NFL Players' Podcast #44
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In Episode 44 of the AWM NFL Players’ Podcast, Riccardo "Coach" Stewart is joined by Zach Miller "The Truth," Sam Acho "The Mayor," and Jeff Locke "The Professor" to discuss effective financial strategies for NFL players during the offseason. The hosts dive into topics such as offseason training plans, maintaining physical fitness, understanding NFL pay structures, and the importance of postseason financial meetings to ensure long-term financial success. This episode provides essential insights for players and their families navigating the unique financial landscape of professional sports.
Key Highlights:
Players should focus on decompressing and addressing physical health, including any required offseason surgeries.
Importance of planning offseason training and nutrition to maintain peak physical condition.
Explanation of postseason financial meetings and their role in assessing past spending and structuring future financial goals.
Understanding the NFL pay structure is crucial for effective cash flow management and avoiding financial stress.
Strategies for players anticipating big contracts and those considering retirement, focusing on residency planning and post-career benefits.
Quotes:
"Winning the cashflow game is one of the five skill sets of building multi-generational wealth." – Sam Acho
"These are really some of the biggest meetings of the year that we have with our clients." – Jeff Locke