Financially Smart Jock: Detroit Lion Ryan Broyles Lives on $60000 a Year - Daily Detroit

Detroit Lions wide receiver Ryan Broyles has made national headlines for doing something so financially outrageous, it is trending on all the major news sites. ESPN reported Broyles lives on a $60,000-a-year budget supporting himself, his wife and his newborn son. Broyles was drafted by the Lions in 2012 during the second round draft. He signed on for a cool $3. 6 million with $1. 42 million guaranteed. But I got the mindset of a businessman off the field, I’ll tell you that,” said Broyles. Broyles and his wife drive Mazdas. He still has the 2005 Chevrolet Trailblazer he drove in college. Broyle’s financial attitude is such a contrast to the financial decisions and lifestyle choices of others in the world of professional sports that stories like this cause amazement, mixed with a consuming curiosity to see exactly how these larger... After living expenses, Broyles’ money has been allocated to investments, retirement savings and life after football. In sports, those millions, which seem like a lot at first, are meant to last after the game ends. Source: www.dailydetroit.com