If there is one sort where athletes end up going broke faster than others, it’s National Football League players. Whether it’s terrible purchases, bad investments, or just taking care of way too many people, we see the same thing happening to multiple athletes every year.
22-year-old Dwayne Haskins didn’t have a lot growing up, so once he signed his first contract with the Washington Redskins, he had plans for his first million dollars.
In the first episode of “My First Million,” Haskins breaks down exactly how he spent his money after he was selected as a first-round pick, number 15 overall, out of Ohio State.
- Custom Bentley — $250K
- New House for Mom — $750K
- Jewelry — $70K
- Vacation Savings — $5-7K
- Art + Clothing — $50K
- Rookie Dinner — $?
As you can see, that actually adds up to more than $1 million, but the house he purchased was for his mom.
Watch video below: