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Cam is the 7th highest paid athlete in the world

Hotsauce

By Hotsauce,
in Carolina Panthers

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Jeremy Igo Newbie

Jeremy Igo

Posted
Posted

RoarinRiot and I had this conversation recently. Cam has been extremely smart in his approach to his finances. 

 

He signed with a good team long term for less money than he probably could have gotten if he held out. Why? His football salary will be his secondary source of income. Cam will make more money from licensing and endorsements than he ever could in the NFL. Better to make less money on a perennial superbowl contender and reap the long term benefits from that exposure. 

It is the Michael Jordan model of pro athlete finances, and only a national figure like Cam, Lebron etc could pull it off. 

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MountainHeel66 Newbie

MountainHeel66

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Posted
9 minutes ago, Jeremy Igo said:

RoarinRiot and I had this conversation recently. Cam has been extremely smart in his approach to his finances. 

 

He signed with a good team long term for less money than he probably could have gotten if he held out. Why? His football salary will be his secondary source of income. Cam will make more money from licensing and endorsements than he ever could in the NFL. Better to make less money on a perennial superbowl contender and reap the long term benefits from that exposure. 

It is the Michael Jordan model of pro athlete finances, and only a national figure like Cam, Lebron etc could pull it off. 

I said all along that that was a major reason that Norman needed to suck it up a bit and GET a contract done here one way or another. Creates a much better legacy, keeps him relevant on a perennial playoff team and would generate greater endorsement revenue in the long run.... He didn't listen. Proud of Cam for seeing the forest for the trees and realizing that he could be so much more by not going for the biggest pay day possible.

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Jangler Newbie

Jangler

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59 minutes ago, MountainHeel66 said:

I said all along that that was a major reason that Norman needed to suck it up a bit and GET a contract done here one way or another. Creates a much better legacy, keeps him relevant on a perennial playoff team and would generate greater endorsement revenue in the long run.... He didn't listen. Proud of Cam for seeing the forest for the trees and realizing that he could be so much more by not going for the biggest pay day possible.

As Jeremy said, few players can or will come close to what Cam will make. Most players especially in the NFL, need to get the money while they can. 

Not even mad at Josh.

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