576: Mike Nugent, Former NFL Player
So Money with Farnoosh Torabi
Farnoosh Torabi
4.7 • 2K Ratings
🗓️ 22 May 2017
⏱️ 48 minutes
🧾️ Download transcript
Summary
Today's episode is a treat to anyone who follows pro football. A couple months ago I received an email from NFL player Mike Nugent saying he was a fan of the podcast and he had some money questions for me, as a new dad. I was totally blown away and excited, so much so that I asked if he'd come on So Money today to share more of what it's like to manage money as a pro athlete and to share some of the behind-the-scenes of the role of money in the professional sports world. Seriously, why do so many athletes lose their financial grip?
Mike been a placekicker in the NFL for 12 years. He's played with the Tampa Bay Buccaneers, Arizona Cardinals and most recently just finished playing with the Cincinnati Bengals. Mike is a two time All American in football and played in the 2002 National Championship team. When we recorded this episode he was still a free agent, so I was curious to ask how that is impacting his financial planning.
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Transcript
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| 0:00.0 | So Money episode 576 Mike Nugent, NFL player. |
| 0:05.0 | You're listening to So Money Guru Farnu |
| 0:09.0 | Farnu Shorabi. |
| 0:10.0 | Each day get a 30 minute dose of financial inspiration from the world's top business minds, |
| 0:15.4 | authors, influencers, and from Farnus yourself. |
| 0:19.7 | Looking for ways to save on gas or double your double coupons? |
| 0:23.0 | Sorry, you're in the wrong place. |
| 0:25.0 | Seeking profound ways to live a richer, happier life. |
| 0:28.0 | Welcome to So Money. |
| 0:31.0 | Today's episode is a real treat for anyone who follows pro football. |
| 0:36.7 | Welcome to the show. |
| 0:37.6 | I'm your host, Farnish Terabi. |
| 0:39.1 | Welcome to So Money. |
| 0:40.6 | You know, a couple months ago I got an email from an NFL player named Mike Nugent. |
| 0:45.0 | He said he was a fan of the podcast and he had some money questions for me. |
| 0:49.0 | He was a new dad and he wanted to ask about college savings and preparing for her financial future was very cool. |
| 0:56.0 | And truthfully, I was kind of blown away, a little starstruck, excited, so much so I asked him if he would do me a favor and come on the show to share |
| 1:06.3 | with us what is it like to manage money as a pro athlete? What are some of the behind |
| 1:10.9 | the scenes of the role money plays in the professional sports world? |
| 1:15.5 | Why do we hear about so many athletes going bankrupt? |
| 1:19.2 | He has some really interesting thoughts on that and dispels some of the myths. I really |
| 1:24.0 | appreciated that perspective. A little bit more about Mike, he has been a place |
... |
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