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Old 01-05-2021, 04:32 PM  
ThaVirus ThaVirus is offline
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Travis Kelce on rookie contract: "Man, I spent it all"
This is kind of a shit post and doesn't mean much, but it gives some interesting insight to the mind of one of our best players.

We all know he wasn't a great decision-maker in his younger days, but blowing through a few hundred thousand dollars in his first year is beyond insane.

https://www.tmz.com/2021/01/05/travi...T_MNQHHJ_5f0Ks

Quote:
"Man, I spent it all," the Kansas City Chiefs tight end revealed on Shannon Sharpe's "Club Shay Shay" podcast ... "I should've been on the '30 for 30: Broke' the way I was spending!"

Here's the deal ... Kelce was a 3rd round pick in the 2013 NFL Draft and signed a 4-year, $3.1 million deal with a $700k signing bonus. Great money for a normal person but far from generational wealth!

So, how did Travis spend his first NFL checks? Shoes and a Rolex...
Quote:
...But, he has some advice for the next generation of young guys ...

"All the young guys in the league, all the guys that have the opportunity to get that big first check from the NFL -- save it!"

"Find a financial advisor that you trust, that's gonna do right with your money because I was searching around for car deals after my first year trying to just pay rent!"
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Old 01-05-2021, 08:58 PM   #31
R Clark R Clark is offline
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Originally Posted by InChiefsHeaven View Post
At the age of 22, I was living in a shitty little apartment working 3 jobs and trying to figure out if my pregnant girlfriend and I were even going to get married. If I had a 700K signing bonus, I'm sure I would have been more prudent with it then a ****ing Rolex and shoes, but if I didn't have all that responsibility, I could see blowing it on cars, guitars, guns, good booze, helping friends, and maybe a house. BUT...my folks would have been all over my shit and I listened to my old man (even if he did piss me off...he was right just about all the time). It never would have happened to me. Of course, I lived in town with them too, which was not the case with Travis.

Meh. Stupid people do stupid things with stupid money. Glad he grew up.
In 1982 I was 22 yrs old and bought a Rolex along with all kinds of party favors of the 80s on journeyman pipe fitter wages and had the time of my life.some people’s view of bad life choices are different than others bad life choices.
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Old 01-05-2021, 09:02 PM   #32
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Spending all that money motivates a guy to earn more.


Sounds crazy, but I bet it contributed to his success.
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Old 01-05-2021, 09:04 PM   #33
R Clark R Clark is offline
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Originally Posted by notorious View Post
Spending all that money motivates a guy to earn more.


Sounds crazy, but I bet it contributed to his success.
That’s right get a taste and you want more
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Old 01-05-2021, 09:07 PM   #34
Easy 6 Easy 6 is offline
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Originally Posted by sedated View Post
??

Where is my comment about what I would have done better if I was in his situation?
You can always be counted on to chime in with the same old refrain when it comes to anything like this... but you're a respected old timer here and I'm not in the mood to drag it out

Just count us both glad that he wised up and got real about his career and life... peace
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Old 01-05-2021, 09:10 PM   #35
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Old 01-05-2021, 09:14 PM   #36
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Originally Posted by R Clark View Post
That’s right get a taste and you want more
It can also push a man to "survive".

When I bought my business, I was up to my neck in debt. There was only one way out. Work my ****ing ass off.

As soon as I actually made money, I put it all back in the business to expand. In a sense, I was still fighting my way out, which kept me VERY motivated.

Day by day, while you are fighting for your life, you build one hell of a work ethic, which never leaves you.

When everyone else hits cruise control after they feel they've made "enough", you are still full throttle even though you are piling up money.
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Old 01-05-2021, 09:19 PM   #37
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Originally Posted by notorious View Post

Day by day, while you are fighting for your life, you build one hell of a work ethic, which never leaves you.
^^^^^^

I'm getting ready to start a job doing 10 logos, that need to be done in 12 days, for the Grand Opening.

I'll make the deadline. I'll work 10 days straight through, but I'll make it.
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Old 01-05-2021, 09:20 PM   #38
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Quote:
Originally Posted by notorious View Post
It can also push a man to "survive".

When I bought my business, I was up to my neck in debt. There was only one way out. Work my ****ing ass off.

As soon as I actually made money, I put it all back in the business to expand. In a sense, I was still fighting my way out, which kept me VERY motivated.

Day by day, while you are fighting for your life, you build one hell of a work ethic, which never leaves you.

When everyone else hits cruise control after they feel they've made "enough", you are still full throttle even though you are piling up money.
Or you could just give up, do nothing, and let somebody else pay to keep you alive.
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Old 01-05-2021, 09:24 PM   #39
htismaqe htismaqe is offline
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Thankfully, I was broke in my early 20's. It wasn't until after I met my wife that I straightened up, got a real job and made some money.

If I had the money I have now at 22, I'd be dead.
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Old 01-05-2021, 09:57 PM   #40
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Quote:
Originally Posted by R Clark View Post
In 1982 I was 22 yrs old and bought a Rolex along with all kinds of party favors of the 80s on journeyman pipe fitter wages and had the time of my life.some people’s view of bad life choices are different than others bad life choices.
Well sure, my bad choices involved knocking up my girlfriend. I'm basically saying I did not have the opportunity to be that carefree with my money. Add to that if I had a 700k windfall, if not for my parents living in the same town and having my ear, I probably would have gone through that money pretty quick. Probably a lot of trips to places.
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Old 01-06-2021, 06:55 AM   #41
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Originally Posted by htismaqe View Post
Or you could just give up, do nothing, and let somebody else pay to keep you alive.
Thank goodness that’s not Kelce.

Amazing work ethic mixed with generational talent.
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Old 01-06-2021, 07:32 AM   #42
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I have to imagine the culture in an NFL locker room is more about extravagant spending than saving and investment discussion. It's probably pretty easy for a young guy with full pockets to get caught up in that and feel the need to keep up with the other guys and their toys.
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Old 01-06-2021, 07:52 AM   #43
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Anyone remember Alphonso Hodge, the fifth round corner? He was robbed at a ****ing Waffle House in 2005 where they stole a "$90,000 Hummer, $8,500 in cash, two diamond earrings valued at $6000, a $20,000 bracelet, a $6,000 watch and $450 dollar sunglasses."

And he was a fifth round rookie who played two years in the NFL and only one with the Chiefs before getting cut.
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Old 01-06-2021, 08:00 AM   #44
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I couldn't even imagine the stupid bullshit I would buy and the things me and my friends would do if I had that kind of money at 23
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Old 01-06-2021, 08:08 AM   #45
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Well sure, my bad choices involved knocking up my girlfriend. I'm basically saying I did not have the opportunity to be that carefree with my money. Add to that if I had a 700k windfall, if not for my parents living in the same town and having my ear, I probably would have gone through that money pretty quick. Probably a lot of trips to places.
Hard way to start out in life ,it could have happened to me lucky it didn’t.much respect for stepping up and staying with it you grew up fast.
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