Former NFL great Marshawn Lynch recently admitted to ESPN sportscaster Shannon Sharpe that he was so oblivious to money he walked around with his $3 million signing bonus check for almost three weeks as a rookie.
The admission was made on the Oct. 4 episode of Sharpe’s Club Shay Shay, where the host and Super Bowl champion talked finances with Lynch, who had zero financial savvy when he entered the NFL in 2007 as a 21-year-old high first round draft pick of the Buffalo Bills.
“Realistically I walked around with my signing bonus on me for at least, like three weeks. I had my signing bonus on me. Because I ain’t know nothing about no banks and all that kind of s**t like that,” Lynch, now 39, said.
He explained that he talked with a financial advisor about what to do with his money and developed a technique that worked for him.
“So, he like, Marshawn it’ll probably be good, uh you know if you have somebody help you about your money this, that and a third. Well, I know another financial advisor that I
talked to that I pretty I’m like shit, well I’ma just have one over here and I’ll give all of my money that I make off the field, I just put it over here and the money that I make on the field I’ll put it over here.”If he had any questions about his money, he had two sources who were taking care of it for him: his off-the-field accountant and his on-the-field money advisor.
The Sports Rush reported that Lynch, who retired in 2019 after rushing for more than 10,000 yards, still makes $5 million a year in endorsements. He also recently appeared in the comedy, Bottoms.
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