Frugal Lessons From Ballers: Season 3 Episode 10


Ballers is a HBO series show about a former football player turned financial manager (a character named Spencer, played by The Rock) that highlights the life of current and former players in regards to sports and finances and how they balance it all together.  Ballers goes in depth on a number of topics involving the lifestyle of professional athletes from players transitioning post career to handling family and friends to dealing with negotiations.


The following highlights different key financial points from the show that athletes deal with or can learn from.

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Just because you are rich doesn’t mean you can’t be frugal. In the finale, Charles and Ricky take an economy flight to LA en route to Charles’ big interviews with the LA Rams for the vacant GM position. Spencer and Joe reserve a boutique hotel via Groupon instead of the lavish five star hotel because they wanted to be different from the billionaire owners they are competing against.  At the end of the day, first class and economy land at the same time. As an athlete, you may feel pressured to be living a lavish life that you don’t need to live. Yes, you have the money and you can splurge but don’t force yourself to spend unnecessarily when you don’t need to. You’d actually be surprised how much free stuff you can get as an athlete.  


Family and Business

You know the old saying, never go into business with family. The Anderson brothers, who are Spencer’s main investors, have an ongoing sibling rivalry that has tarnished their relationship and business to a certain extent. For athletes,  it’s a great lesson to learn, that if you are going to do business with your family, you have to make sure guidelines are set. Business with your family can be a beautiful thing as the Anderson brothers realize once they finally come to terms.   



Ricky decides to retire for health and family reasons and is at peace with his decision. Every athlete is going to retire, that is inevitable. On your terms or not, retirement is something athletes have to come to terms with. At the very least, athletes need to be prepared for when that time comes with their finances and transition into the real world. Various reports show that over half of NBA and NFL players go bankrupt after they retire.  When you fail to plan, you plan to fail. Like a wise man once told me, once you start, you are closer to your retirement than the beginning of your career.