Tags: ryan broyles | millionaire | nfl | player | 60k

Ryan Broyles, Millionaire NFL Player, Gets By on $60K a Year

Image: Ryan Broyles, Millionaire NFL Player, Gets By on $60K a Year
Detroit Lions wide receiver Ryan Broyles takes a pass when it comes to the high life. (AP Photo/Paul Sancya)

By    |   Wednesday, 12 Aug 2015 12:51 PM

Ryan Broyles, the Detroit Lions wide receiver drafted with a $3.6 million contract in 2012, lives proudly on a $60,000 a year budget, he recently revealed.

"Whatever comes, it's just a blessing. But I got the mindset of a businessman off the field, I'll tell you that," he recently told ESPN.

"When I come to work, I don't think about the money, man. I can tell you that, without a doubt. There might be some guys that do but I put myself in a position where I come out here and have fun. I don't have that pressure, you know what I mean. My wife has no worries. My child has no worries. For the most part, I can help my family, you know."

Broyles said he met with a financial advisor soon after being drafted, deciding he didn't want to be one of those pro athletes who makes headlines for money troubles.

In addition to driving a Mazda — and his 2005 Chevrolet Trailblazer from college — Broyles said he and his wife, Mary Beth — his high-school sweetheart — just invested in their first home, in Texas. All of the money not in his annual budget gets invested, he said, and he even checks his investments on a daily basis using a smartphone app.

"I studied as much as I could," Broyles said, referring to the financial tools he uses. "Talked to people wealthier than me, smarter than me. So that definitely helps."

Broyles is so committed to prospering that he and New Orleans running back Mark Ingram spoke to students in Washington D.C. about financial planning, and recently partnered with the NFL and Visa to promote a Financial Football video game.

According to the New York Daily News, Broyles said his biggest post-draft purchase was a Tempur-Pedic bed. 

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Ryan Broyles, the Detroit Lions wide receiver drafted with a $3.6 million contract in 2012, lives proudly on a $60,000 a year budget, he recently revealed.
ryan broyles, millionaire, nfl, player, 60k
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2015-51-12
Wednesday, 12 Aug 2015 12:51 PM
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