Of course it is not your point, you apparently think that money is very important. So what might he make and for how long? A brief review suggests 400k per year as the minimum, and say five years.
so he makes 2mill, pays say 600K in taxes, and say 500K in expenses over those five years. So he has 900k invested and if he is smart has some opportunities too boot. Retired with plenty of money unless he is foolish. And he does not need the best financial adviser, but rather the best advice to avoid getting ripped off and spending way too much. An index fund would work.
That's good math Chief....and a lot of assumptions. I personally don't "think money is very important"....but he does. That's why he left school early. That's why he bet a buddy of his who would get drafted higher.....and it is a big factor in where a player is signed. He has a 1st round mouth (and twitter) though.
I'm going to assume also:
-If he indeed runs a 4.7, he gets selected late 2nd or early 3rd round. He gets a nice signing bonus of around $850K (he keeps just over half of this w/ taxes and agent fees) - losing more than $1 million in bonus money by dropping that far. He makes the league average for his year group, which is great money. But it's only for a couple/3 or so years....due to his lack of speed (4.7 40...that's not an assumption, that's what he ran).
- He buys a $75K (or more) vehicle (or two), along w/ an $8,000 watch, $50K in other jewelry, pays his buddy who he bet he'd get drafted higher, hooks up his homeboys, maybe even does something nice for his family. He rents a sweet pad in whatever city he ends up in - on the high end, of course. Fills it w/ over priced items.....oh, and he ignores the advice of the financial advisor the NFL team recommends to him.
-If he indeed runs a 4.7, he washes out by the end of his 2nd year.....he may get picked up for a 3rd year somewhere on a flyer.
-If he washes out somewhere in his 3rd year....he goes broke within 2 years (5 years from now).
(these are just assumptions....but I wish him well and hope he is faster than his 2 NFL tryouts and I hope he lasts longer, becomes an All-Pro....and doesn't go broke somewhere along the line....)