Published 11/29/2022, 4:30 PM EST
The NFL’s big man Rob Gronkowski is a genius money manager. When players often struggle to sustain their wealth after retirement, the former Patriots tight end had a clever way to make his post-football life go smoothly. In his elite list of admirers, Professional golfer Will Zalatoris secured a spot and admitted to drawing inspiration from the NFL superstar.
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Rob Gronkowski’s carefree attitude and love for parties often confuse people with his financial intelligence. While speaking in an interview, Zalatoris was asked about his plans for retirement life, and the ways he multiplies his wealth.
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Without a second thought, he mentioned that he has been an admirer of Gronkowski and his way of expenditures. Gronk saves all his NFL contract money and lives with his endorsement paycheck. Something that happened to be a life lesson for many athletes in the sports fraternity.
Per reports, the 33-year-old hasn’t touched a single penny from his NFL salaries. He has reserved them for the later stages of his life. “Something that I love about Gronkowski was he lives off of his endorsement money and saves all of his NFL contracts,” Zalatoris said in an interview.
“I don’t live by that strictly, but I tried to do a really good job of that. I think that what I do off the golf course allows me to live very comfortably and everything that I make on the golf courses, you know, almost set for retirement,” he added, explaining his way of wealth accumulation.
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Indeed, there is no guarantee of how long these players play in their careers. Sometimes frequent injuries often doom their aspirations, forcing them to retire. And hence a smart approach is always necessary.
Rob Gronkowski sets an example for all those who went bankrupt
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The former Super Bowl champion had authored a book “It’s Good to Be Gronk”. In the book, he disclosed to the outside world his money-saving methodologies.
He saved around $10 million from his five-year contract with the Patriots. According to a study conducted by Forbes, several NFL players went bankrupt enjoying their retirement life.
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“Nearly 16 percent of NFL players drafted between 1996 and 2003 declared bankruptcy within 12 years of retirement,” it says. Gronkowski, falling under this bracket, happens to be extra cautious and has succeeded in his disciplined approach.
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