06/13/2026
🚨 "If you can't live off $3 million a year, you got issues."
NFL Hall of Famer Shannon Sharpe isn't holding back on pro athletes who go broke after signing massive deals. Speaking on the Nightcap podcast, Sharpe argued that athletes who lose it all have only themselves to blame, breaking down the simple math of long-term wealth preservation.
According to Sharpe, even after Uncle Sam takes a 37% federal income tax cut from a $100M contract, an athlete is still left with roughly $60M liquid. By putting that money into a basic fund yielding a conservative 5% to 8%, it generates at least $3M a year in passive income alone.
His takeaway? True wealth isn't just about what you make—it’s about having the financial discipline to protect it.
Do you agree with Shannon, or is it tougher to manage that kind of wealth than it looks? 👇
