By Eric Edholm | Yahoo Sports
Two of the NFL’s top free agents signed contracts this offseason that would allow them, if they so chose, to put their money in a simple savings account and in theory be set for their lives.
And yet DeMarcus Ware and Zane Beadles, who signed deals that will combine to earn them more than $32 million guaranteed with their new teams, want more.
Not more money, necessarily. But more knowledge of how best to put it to use.
We all know that the NFL deals in funny money. To wit: A five-year, $50 million deal isn’t worth 50 mil proper — how much of that is guaranteed? And also, there’s the painful truth that the majority of the players in the league will have blown most of whatever they have earned, or perhaps all of it.
Ware and Beadles were two of 28 current and former NFL players who attended last week’s NFL Business Management & Entrepreneurial Program at the University of Notre Dame. The program was designed to help players of all strata — from the Wares of the world down to league-minimum players, and even those no longer earning a league paycheck — to help better manage their funds and perhaps even invest them properly.
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