One well-known former NFL player said that despite a significant proportion of professional football players going bankrupt once their playing careers are finished, he was able to save at least 80% of his salary. On a recent podcast, former NFL wide receiver Chad “Ochocinco” Johnson disclosed that by being frugal with his money, he was able to preserve between 80 and 83% of his NFL paycheck.
On the podcast Club Shay Shay hosted by NFL Hall-of-Famer Shannon Sharpe, the former Cincinnati Bengal also admitted that he wore false jewelry and that he prefers Spirit Airlines over flying on a private jet.
“Fly private? I ain’t flying private. Put me on Spirit. Exit row. Window seat. That’s all I need. As long as I get from point A to point B. I don’t need private.”
Johnson also demonstrated to Sharpe how wearing expensive jewelry may give the impression of wealth, despite the fact that his was phony. Because of who he was and/or how much money he was rumored to have made throughout his playing career, women were constantly impressed with him.
“We talk about jewelry and watches and chains. I never bought real anything when I was playing. Never. What was the point? I went to Claire’s. For what? What am I doing it for? The women are going to deal with you anyway, because of who you are, and then the other women, who are really doing their homework done Googled how much you making already. Why am I buying a 50-thousand dollar watch, 80-thousand dollar watch?”
Johnson also revealed to Sharpe that he spent his first two years as a Bengals player at the team’s training facility, which allowed him to save money. He chose, against the advice of others, not to buy a house or rent a condo.
“I stayed at the stadium for the first two years because I ain’t want to spend no money. Why you telling me go rent a house, go buy a house, go rent a condo when everything I need is right here in the facility at Paul Brown? Showers, cafeteria, TV, couch, gaming system — what’s the point?”
– Steve Sijenyi
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