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The Greg Hill Show

Why do so many Athletes run out of money?

The Greg Hill Show

Audacy

Sports

2.6709 Ratings

🗓️ 3 December 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

The crew are joined by Rob Ninkovich and try to understand why a lot of pro athletes run out of money after hearing OBJ say 100 million isn't enough for generational wealth.

Transcript

Click on a timestamp to play from that location

0:00.0

Jones and Keith coming up at 10 before that Hill Notes, and you still have plenty of time to leave one on the Odyssey app on any topic.

0:09.1

Rob Nikovic is here.

0:11.2

Curtis, we should talk about OBJ.

0:14.5

I know we were talking about what are we doing, but I don't know.

0:19.5

Have you heard a pay?

0:20.8

What is OBJ's issue at the moment that we don't understand the plight of the millionaire athlete oh no we have some sound of this I believe this was OBJ on a podcast somewhere if I don't have a dollar in my account right here today as we speak I'm going to be straight for the rest of my life.

0:38.1

No question, right?

0:54.3

I don't think everybody is in that. And when you've sacrificed your whole life to get here and you're like, yeah, I play 10 years in the league. And I always explain this to people. I'm like, bro, you give somebody a five-year, $100 million contract, right? What is it really? It's five years for 60. We're getting tax, do them out.

0:57.5

That's 12 a year, you know, that you have to spend, use.

1:13.1

Save. Save, invest, flunt, like, whatever, however. Just being real. I'm going to buy a car. I'm going to get my mom my house. I'm going to do everything costs money. So you, if you spending $4 million a year, that's really $40 million over five years, eight a year, you know?

1:15.0

And now you start breaking down the numbers.

1:17.8

It's like, that's a five-year span of where you're getting $8 million.

1:20.5

Can you make that last forever? And you always hear the people who ain't us and ain't been in the position.

1:24.7

Like, oh, well, that would last lifetime.

1:26.8

So OBJ has gotten some pushback, and he tweeted last night,

1:32.4

boy, you can't say nothing in this world nowadays, smiley face.

1:35.8

That's why I've been in my own lane, my own world, to put it that way.

1:39.2

People love to take S completely out of context to rationalize a statement in their own head that makes sense to them.

1:45.2

What a world.

1:45.8

Now, explain to me what we could possibly take out of context from that conversation.

1:50.0

I mean, it basically goes on to say that $100 million is, if you're an athlete, NFL player, what have,

1:59.9

you're unable to create generational wealth with that because you spend. That's cap. You have to spend all of it. No, you don't have to spend all of it. But that's what you're saying. I mean, I don't stop. You don't have to buy a new car every year. You don't have to buy your mom a house. I'm smart about it. I mean, I'm going to bet you, and I don't know the numbers. If, like, he talked about $4 million, I'm going to bet you if you threw $4 million to a conservative, like, money marketing account over the year, I mean, you probably could just live off of that. Should be able to get 10% somewhere? 10%'s pretty good.

...

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