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October 7, 2008 1:23:42 PM CDT

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NFL Sends Players to Millionaires' School

Posted May 31, 08 6:26 PM CDT in Business,  Glossies,  Sports 

(Newser) – The average NFL player leaves football after 4 years. That’s enough time to make decent money—the average annual salary is about $1.7 million—but not enough to learn how to use it. So the NFL is helping out its 20-something millionaires by sending the best and brightest to a $10,000 business boot camp, the Washington Post reports.

The players make apt pupils. “These guys spend hours studying [game] films… so they have to be mentally focused,” said one lecturer. The NFL says it would be “disingenuous” to pretend the world outside of football isn’t competitive—but as one ex-Redskin graduate notes, “The players who really need these classes the most aren’t here.”

Source Washington Post

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Ross Tucker #65 of the Buffalo Bills reacts during a play against the Seattle Seahawks at Qwest Field on November 28, 2004 in Seattle, Washington. Tucker has since gone on to start his own business.   (Getty Images)
NFL players are in the (sort of) unenviable position of having a lot of money, and no experience handling it.   (Shutterstock)
Ross Tucker poses for his 2007 NFL headshot. Tucker has gone on to start his own business, and took advantage of an NFL-sponsored business program to help.   (Getty Images)
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NFL  • entrepreneurs  • adult education  • business class


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