Frugal Lessons From Ballers: Season 4 Episode 8
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.
Everybody’s About Their Green
Whether it’s the NCAA, Quincy, Spencer, Charles, or Ricky everyone is about their money. Decisions are made from a business perspective first. Sports are a business. Whether it’s why someone got cut or traded or why a high school recruit chooses a certain school or why a company chooses to sponsor a certain influencer.
Money and Marketing
Vernon and Terrell Suggs are asked to not only put money into an Xtreme Sports Media company but are now asked to market it as well. This is a great antidote for athletes to look at when investing and understanding the value they bring into any company they invest in. You as an athlete bring more to the table than any amount of money can offer. It’s vital you understand that and help use it to leverage your position within the company.