Property Investment

6 Sports Stars Who Are Crushing It in Business & Property

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It’s common perception that cash-rich professional athletes go broke shortly after their professions are over– and it’s not necessarily an unfair one, either.According to a 2009

Sports Illustrated article, within 2 years of retiring, 78 percent of NFL players go broke, bankrupt, or both. And these are men who were making an average of$ 1.9 million a year.But there

‘s a select list of professional athletes who actually have actually gone out and developed real chances– not simply recommendations and figurehead roles– to establish life after sports.Here are 6 sports stars making huge plays in the boardroom.6 Sports Stars Who Are Crushing It in Organisation & & Realty

1. Kobe Bryant

I think in innovation that will assist athletes train and perform at their finest. We have an item that is THE UPGRADE professional athletes have actually been silently requiring for years! @drinkbodyarmor #entrepreneur #TasteRevolution #UpgradeYourSportsDrink

A post shared by Kobe Bryant (@kobebryant) on

Sport: Basketball
Organisation: Investments
Understood for: being a five-time NBA champion

Among the fiercest rivals on the basketball court, previous Los Angeles Lakers star A big thanks to @wbcmoro @wbcboxing for having me host the 55th annual WBC convention in the great country of #Azerbaijan. Appreciate all the hospitality.A post shared by

Paul Malignaggi (@paulmalignaggi)on Oct 7, 2017 at 12:41 pm PDT

Genuine estate; clothing; car shop Known for: Being a two-time
world champion; Showtime Sports TV host; Showtime podcast host Two-time world champ and award-winning Showtime Sports expert Paulie Malignaggi is best-known in pop culture for his beef with Conor McGregor over a sparring session gone wrong.Outside that accident,”Magic Man”Malignaggi has managed to collect quite business portfolio for himself.< a href=http://nypost.com/2015/07/30/paulie-malignaggi-finds-right-combination-of-business-and-boxing/ > According to the New York Post, Malignaggi owns”many realty holdings”in New York and Miami, established the clothes lineFuture Legend, and also runs Magic Man Custom-mades, a car body store in Brooklyn.”I’m not complaining. I have actually made a great living from boxing, better than any living I perhaps could have done, “he said.

“Having said that, you do not live the rest of your life off the cash you make in boxing. You still have to develop positive types of income. “Cash can make cash if you’re intelligent about it and do not lose it the wrong method. “Since that story broke, Malignaggi tells us he’s constructed

well from the dining establishment organisation, including a pizzeria in New Jersey and a restaurant in Manhattan

‘s Lower East Side where he made a good rating.” I also play the stock exchange, “he states.” I aim to distribute my investments so that I’m not placing all my danger into one area so to speak. “Even though he’s been retired for near a year, he’s shrewdly positioned himself for a< a href =https://www.forbes.com/sites/trentreinsmith/2017/10/18/conor-mcgregors-bargaining-power-with-the-ufc-increases-with-talk-of-paulie-malignaggi-boxing-match/#47da1a8e11f6 >$10+million payday to face McGregor in a boxing ring in March, consisting of a possible return match in the UFC.Not bad for a retired man.6. Joe Montana TODAY I will be signing autographs & taking photos with fans in< a href =https://twitter.com/hashtag/LasVegas?src=hash&ref_src=twsrc%5Etfw >

#LasVegas @FODVenetian & @FODCaesars!.?.!! Information: https://t.co/NoWfOVPYAi!.?.!pic.twitter.com/LblTRoUHIa!.?.!— Joseph Montana(@JoeMontana) August 25, 2017 Sport: Football Business: Realty development Known for: Four-time Super Bowl champ Perhaps the very best quarterback of all time, Joe Montana’s NFL credentials speak

for themselves: Four Super Bowl trophies with the San Francisco 49ers. Montana was the very first gamer to win 3 Super Bowl MVPs. T oward the tail end of his profession he in some way nearly led the

Kansas City Chiefs(along with fellow Hall of Famer, Shields)to the Super Bowl in 1993. Today, Montana heads his own development, the Montana Residential or commercial property

Group, which has invested in huge jobs in the San Francisco location. His trophy advancement, Santa Clara Centennial Gateway, is a$400 million, nine-acre, 5.2-million-square-foot luxury hotel, workplace, and home entertainment complex near the 49ers stadium.Which sports stars do

you admire for their company savvy? Let me understand in the comments below!

Source

https://www.biggerpockets.com/renewsblog/sports-stars-crushing-it-in-real-estate/

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