RICH PAUL SAYS NO ATHLETE CAN AFFORD TO FLY PRIVATE ALL THE TIME
Earn Your Leisure
iHeartPodcasts
4.8 • 7.8K Ratings
🗓️ 19 November 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
Description: In this eye-opening discussion, Rich Paul, a notable sports agent who has had the experience of being on LeBron James' payroll for two years, earning $48,000, shares his candid perspective on financial management for athletes. Drawing from his personal journey, he underscores the financial realities confronting many professional athletes, specifically highlighting the hefty cost of flying private. According to Paul, no athlete can afford the luxury of private flying all the time without risking a dent in their financial stability. This conversation extends into a broader discussion on prudent financial practices to prevent athletes from going broke, underlining the importance of wise spending and long-term financial planning. Rich Paul's insights provide a glimpse into the financial pitfalls in the glamorous world of professional sports and offer key takeaways on maintaining fi nancial health amidst a lifestyle of fame and fortune. #klutch #richpaul #sports
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.5 | Guaranteed Human. |
| 0:05.2 | This episode is brought to you by PNC Bank. |
| 0:08.2 | A lot of people think podcasts about work are boring. |
| 0:11.2 | And sure, they definitely can be. |
| 0:13.5 | But understanding a professional's routine shows us how they achieve their success |
| 0:17.4 | little by little day after day. |
| 0:20.4 | It's like banking with PNC Bank. |
| 0:22.8 | It might seem boring to save plan and make calculated decisions with your bank, |
| 0:27.2 | but keeping your money boring is what helps you live on more happily fulfilled life. |
| 0:32.1 | PNC Bank, brilliantly boring since 1865. |
| 0:36.6 | Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc. |
| 0:42.3 | PNC Bank, National Association member FDIC. |
| 0:47.4 | As we're talking about that education process, when you're taking on a client, |
| 0:51.2 | how important is that they're thinking about life after the career before you |
| 0:55.1 | involve them and sign them to clutch? |
| 0:58.6 | It's very important. And I'm telling you, man, athletes, they live a tough life. It looks great. |
| 1:07.9 | But when you think about all they endure and the pull down you know I always tell my family |
| 1:17.2 | let me be your back line of defense you know don't don't allow yourself to think that |
| 1:25.3 | was mine is yours but if I'm your back line of defense, then, you know, |
| 1:31.3 | we can really stay afloat. For athletes, we all have survivors remorse, right? We all have |
| 1:37.7 | that feeling that we feel obligated. And like Mr. Bridgman said, I got guys 22 making $200 million over the next four or five years. |
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