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re: Chad ‘Ochocinco’ stashed away 83% of his NFL salary; bought fake jewelry, lived in stadium
Posted on 4/6/23 at 4:28 pm to USEyourCURDS
Posted on 4/6/23 at 4:28 pm to USEyourCURDS
quote:
Dedicated employee
He wasn't eligible to be the last one to leave the building because he NEVER left. Legend.
0
Posted on 4/6/23 at 4:54 pm to rickgrimes
Smarter than I gave him credit for
Posted on 4/6/23 at 4:58 pm to rickgrimes
Posted on 4/6/23 at 5:00 pm to jeffsdad
quote:huey long built it
How did he live in the stadium?
BENGAL PRIDE
Posted on 4/6/23 at 8:15 pm to rickgrimes
quote:
Ochocinco wore fake jewelry
Smart if you want to keep up appearances
quote:
leased his exotic cars
Ditto
quote:
flew on budget airlines
Good financial decision
quote:
admitted to living in the Bengals’ stadium for two years
Posted on 4/6/23 at 8:17 pm to TONYCLIFTON_1
quote:
living under a rock? this story is old AF
I think the downvotes are funny.. Evidently its not an old story if its new to them, but yeah this isn't a new story at all.
Posted on 4/6/23 at 8:21 pm to jeffsdad
If Rudy could do it, why couldn't Ocho-cinco?
Posted on 4/6/23 at 8:22 pm to TigerIron
quote:
Really should have pinched pennies to get that extra 2%.
10/12 bro
Posted on 4/6/23 at 8:53 pm to HeadSlash
quote:
Smarter than I gave him credit for
Doesn't surprise me. Stereotyping is for people who has a simplistic mindset.
Well, let me rephrase this, I know we all stereotype to some degree. You have to be aware of stereotypes, but you also have to realize there are also a lot of people of whatever group you stereotype that doesn't fall under the stereotype.
Posted on 4/6/23 at 8:56 pm to rickgrimes
quote:
Ochocinco wore fake jewelry from Claire’s, only ever leased his exotic cars
Good for him and it's his money. But these first couple of things still seem like a waste of money.
Posted on 4/6/23 at 9:01 pm to rickgrimes
Smart man
Posted on 4/6/23 at 10:17 pm to rickgrimes
Dude also only eats McDonald’s.
He’s smarter than your average bear and incredibly athletic.
He’s smarter than your average bear and incredibly athletic.
Posted on 4/6/23 at 10:26 pm to rickgrimes
quote:
living in the Bengals’ stadium
Posted on 4/6/23 at 10:32 pm to rickgrimes
I mean it's impressive for a NFL player for sure. But I think most of us could live off 750k a year pretty comfortably.
49x0.83= 40 mil
49-40 = 9 mil
9mil/11 years = 750k
49x0.83= 40 mil
49-40 = 9 mil
9mil/11 years = 750k
Posted on 4/6/23 at 10:46 pm to Shexter
quote:
Johnson allegedly headbutted Lozada following an argument.
Posted on 4/6/23 at 11:22 pm to NATidefan
quote:
49x0.83= 40 mil 49-40 = 9 mil 9mil/11 years = 750k
Agent is what 5-10%
So 49 million = 3 to 5 million to agent
Let’s say 35% tax rate, so 17 million in taxes.
Saving 83% of 49 million leaves you 8.3 million gross to spend pre-tax/agents, and the numbers don’t work that way.
I’m guessing savings is net (after tax/agents). 49-4-17 = 28 million net. 17% of this is 4.76 million. So 433k of spending/year. That’s crazy low, considering his profile and the fact that he probably spent a good portion of that 17% on real estate/housing (an appreciating asset).
Isn’t his daughter being recruited to run track at LSU?
Posted on 4/7/23 at 5:42 am to RedFoxx
Posted on 4/7/23 at 5:57 am to rickgrimes
Met him on a flight out of New Orleans. He is a funny guy that had the area laughing.
Posted on 4/7/23 at 6:40 am to Shexter
quote:
In 2012, Johnson played for the Miami Dolphins during preseason but was released following his arrest for domestic violence.
Why are you deadnaming him?
Posted on 4/7/23 at 7:06 am to OysterPoBoy
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