NFL star Odell Beckham Jr. says $20M/year deal isn't so much after tax. Could you make it last longer than him?

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For astir Americans, a six-figure wage equals fiscal security. So it’s casual to presume NFL prima Odell Beckham Jr. has cemented his information with an eight-figure, $100-million, five-year contract.

But connected a caller occurrence of The Pivot Podcast, the 33-year-old suggested that surviving disconnected $20-million a twelvemonth is simply a challenge.

“That’s a five-year span,” helium said. “Can you marque that past forever?”

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After all, Beckham argued, you person to retrieve that it isn’t truly $20 cardinal a twelvemonth aft taxation — much similar $12 cardinal (1) “that you person to spend, use, save, invest, flaunt, whatever.”

“Just being real, I'm going to bargain a car, I'm going to springiness my ma a house. Everything costs money.”

Judging by the backlash, his fans and adjacent immoderate multimillionaire NFL peers deliberation Beckham whitethorn person mislaid interaction with reality.

“Getting paid much successful 1 twelvemonth than astir Americans volition gain successful full implicit the people of their moving lives and inactive making excuses for blowing it is wild,” 1 idiosyncratic posted connected X (2).

Ex-NFL information Su'a Kristopher Cravens, primitively drafted into the NFL for $4 million, questioned however anyone with a $100-million declaration could tally retired of cash.

Cravens noted that six years aft leaving the NFL, helium tin “live the manner I desire, portion besides redeeming wealth and putting my kids successful the presumption to triumph aboriginal successful life” (3).

“These guys that interaction implicit 10 cardinal and stroke done it sounds similar axenic idiosyncratic mistake connected their end,” helium posted.

So is Beckham “being real”? Turns retired one’s conception of a comfortable, unafraid beingness is taxable to inflation, too.

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Some X users were speedy to item immoderate of the reasons they judge Beckham mightiness beryllium struggling to negociate his multi-million-dollar paychecks.

Several pointed retired that the prima wide receiver often wears a constricted variation Richard Mille ticker worthy astir $190,000 portion playing (4)(5).

They besides shared media reports of his car collection, worthy an estimated $2.4 cardinal (6).