Many players go broke shortly after retiring but it sounds like DHB should avoid that

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  • RuthlessBurgher
    Legend
    • May 2008
    • 33208

    Many players go broke shortly after retiring but it sounds like DHB should avoid that

    Steelers WR Darrius Heyward-Bey has saved most of his career earnings thanks to mother

    8:34 PM ET
    Jeremy Fowler
    ESPN Staff Writer

    PITTSBURGH - Wide receiver Darrius Heyward-Bey has worked his way into the Pittsburgh Steelers' starting lineup, but that's his football portfolio.

    Off the field, Heyward-Bey has saved most of his career earnings of about $35 million, largely from his rookie contract as the No. 7 overall pick in the 2009 NFL draft.

    The secret, Heyward-Bey told ESPN: his mother, Vivian, a certified accountant and, as a result, a co-worker.

    Vivian handles the books, and those books are thick.

    "I get an email [from her] every Tuesday," said Heyward-Bey, who pays a commission for his mother's work. "I can read it over, check it up. I see where the money is going."

    Heyward-Bey made $30.3 million in four years with the Raiders, according to Spotrac.com, which tracks NFL salary data. He never had the 1,000-yard season that could have earned him the big second contract, but he's been a steady option for Pittsburgh, which re-signed him to a three-year, $3.8 million deal in March. He caught a touchdown pass in Week 7 against the New England Patriots, and he's on the first-team depth chart alongside Antonio Brown as the Steelers prepare for the Baltimore Ravens.

    More than eight years after signing that rookie deal, Heyward-Bey, 29, gives himself a monthly allowance that he and his mother configured. Though he won't disclose exact figures, he assures that pot keeps growing because he doesn't spend much of that money.

    Heyward-Bey even shuts down the cable in his California home for half the year because "nobody's there watching TV."

    "I don't have any kids and I'm not married, so the money I spend is on me. It's really easy to say no to myself," Heyward-Bey said. "I keep things real simple. I'm not really a flashy guy. I understand what I want to buy. I invest my money well and pay my taxes."

    Heyward-Bey ran a 4.3-second 40-yard dash at the 2009 NFL scouting combine, and he's also quick to run to his mother for financial wisdom. She's been an accountant for more than 20 years, Heyward-Bey said.

    "I grew up knowing what to spend and what not to spend," Heyward-Bey said. "It's easy when you don't have money to not spend. That's how I grew up."

    http://www.espn.com/nfl/story/_/id/17964162/pittsburgh-steelers-wr-darrius-heyward-bey-saved-most-career-earnings-thanks-mother
    Steeler teams featuring stat-driven, me-first, fantasy-football-darling diva types such as Antonio Brown & Le'Veon Bell won no championships.

    Super Bowl winning Steeler teams were built around a dynamic, in-your-face defense plus blue-collar, hard-hitting, no-nonsense football players on offense such as Hines Ward & Jerome Bettis.

    We don't want Juju & Conner to replace what we lost in Brown & Bell.

    We are counting on Juju & Conner to return us to the glory we once had with Hines & The Bus.
  • BradshawsHairdresser
    Legend
    • Dec 2008
    • 7056

    #2
    Good for DHB. Sounds like a good guy, and a good teammate to boot.

    Comment

    • feltdizz
      Legend
      • May 2008
      • 27531

      #3
      This is amazing. The guy hit the lottery due to his 40 time and made the most of it.

      It wasn't his fault he was drafted so high and failed to live up to expectations.

      He he has been very impressive as a Steeler.
      Steelers 27
      Rats 16

      Comment

      • bostonsteeler
        Pro Bowler
        • Oct 2008
        • 1529

        #4
        Originally posted by RuthlessBurgher
        Steelers WR Darrius Heyward-Bey has saved most of his career earnings thanks to mother

        8:34 PM ET
        Jeremy Fowler
        ESPN Staff Writer

        PITTSBURGH - Wide receiver Darrius Heyward-Bey has worked his way into the Pittsburgh Steelers' starting lineup, but that's his football portfolio.

        Off the field, Heyward-Bey has saved most of his career earnings of about $35 million, largely from his rookie contract as the No. 7 overall pick in the 2009 NFL draft.

        The secret, Heyward-Bey told ESPN: his mother, Vivian, a certified accountant and, as a result, a co-worker.

        Vivian handles the books, and those books are thick.

        "I get an email [from her] every Tuesday," said Heyward-Bey, who pays a commission for his mother's work. "I can read it over, check it up. I see where the money is going."

        Heyward-Bey made $30.3 million in four years with the Raiders, according to Spotrac.com, which tracks NFL salary data. He never had the 1,000-yard season that could have earned him the big second contract, but he's been a steady option for Pittsburgh, which re-signed him to a three-year, $3.8 million deal in March. He caught a touchdown pass in Week 7 against the New England Patriots, and he's on the first-team depth chart alongside Antonio Brown as the Steelers prepare for the Baltimore Ravens.

        More than eight years after signing that rookie deal, Heyward-Bey, 29, gives himself a monthly allowance that he and his mother configured. Though he won't disclose exact figures, he assures that pot keeps growing because he doesn't spend much of that money.

        Heyward-Bey even shuts down the cable in his California home for half the year because "nobody's there watching TV."

        "I don't have any kids and I'm not married, so the money I spend is on me. It's really easy to say no to myself," Heyward-Bey said. "I keep things real simple. I'm not really a flashy guy. I understand what I want to buy. I invest my money well and pay my taxes."

        Heyward-Bey ran a 4.3-second 40-yard dash at the 2009 NFL scouting combine, and he's also quick to run to his mother for financial wisdom. She's been an accountant for more than 20 years, Heyward-Bey said.

        "I grew up knowing what to spend and what not to spend," Heyward-Bey said. "It's easy when you don't have money to not spend. That's how I grew up."

        http://www.espn.com/nfl/story/_/id/17964162/pittsburgh-steelers-wr-darrius-heyward-bey-saved-most-career-earnings-thanks-mother
        That's an amazingly smart guy and an amazing mom.

        Comment

        • fordfixer
          Legend
          • May 2008
          • 10921

          #5
          Good for him he sets a good example that other players of all Pro sports should follow

          Molon labe

          People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf. George Orwell

          ?We're not going to apologize for winning.?
          Mike Tomlin

          American metal pimped by asiansteel
          Only two defining forces have ever offered to die for you 1. Jesus Christ, 2.The American G.I., One died for your soul, the other for your freedom.

          Comment

          • Shoe
            Hall of Famer
            • May 2008
            • 4044

            #6
            Originally posted by feltdizz
            This is amazing. The guy hit the lottery due to his 40 time and made the most of it.

            It wasn't his fault he was drafted so high and failed to live up to expectations.

            He he has been very impressive as a Steeler.
            Yup, its great. And as a player, he reminds me a lot of Dwight Stone.

            OTOH, you do have to worry a little about a guy like AB, buying Rolls' with his autograph across the door. And that's not the big pill to swallow... it is paying off all the probable illegitimates running around all over the country.
            I wasn't hired for my disposition.

            Comment

            • Notleadpoisoned
              Starter
              • Mar 2010
              • 554

              #7
              For a lot of the higher paid players in the league they could simply choose to lead a modest existence with one decent house, one nice car, and maybe 2 or 3 kids tops and pretty much still be set financially for life.

              Comment

              • Captain Lemming
                Legend
                • Jun 2008
                • 16041

                #8
                Originally posted by Shoe
                Yup, its great. And as a player, he reminds me a lot of Dwight Stone.

                OTOH, you do have to worry a little about a guy like AB, buying Rolls' with his autograph across the door. And that's not the big pill to swallow... it is paying off all the probable illegitimates running around all over the country.
                Can't we stop with the Stone references?
                Dude had not had hand problems as a Steeper.
                sigpic



                In view of the fact that Mike Tomlin has matched Cowhers record I give him the designation:

                TCFCLTC-
                The Coach Formerly Considered Less Than Cowher

                Comment

                • phillyesq
                  Legend
                  • May 2008
                  • 7568

                  #9
                  You read so many stories about how these guys end up bankrupt, either by squandering everything on lavish spending or getting conned in investments. It's refreshing to hear about a guy like this who has his priorities straight. Props to him and, as somebody else mentioned, to his Mom as well.

                  Comment

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