How Austin Ekeler Spent His First $1m In The Nfl | My First Million | Gq Sports

Growing up in Eaton, Colorado, a town with just 6,000 residents, I couldn't have predicted the incredible journey that awaited me. I had a close-knit group of friends who stuck with me from preschool to high school graduation, and we all shared dreams and aspirations. For me, the road beyond high school led to college, but I was unsure of the exact path I'd take.

High school graduation marked a pivotal moment, and my adventure began. While many of my peers were heading to college or considering careers in law enforcement, I had a different path in mind. I packed my car and embarked on an exciting journey to become a raft guide in the majestic Rocky Mountains.

Rafting in the Rockies: The Journey Begins

My first job was guiding adventurous souls down the Gunnison River, nestled amidst the peaks of the Rockies. It was a thrilling experience, offering me a taste of adventure and the outdoors. Rafting was more than just a job; it was about making every trip unforgettable. Whether I had a group of kids or a group of adults, my goal was to ensure they had an amazing time.

However, as exhilarating as rafting was, it was a far cry from playing in the NFL. When I first entered the league as an undrafted player, there was no room for negotiation. It was a minimum contract for three years with a modest signing bonus of just $5,000. To me, it was a dream come true, and I embraced it with open arms. The league minimum is nothing to frown upon; it's an opportunity to chase your passion.

A Financial Game Plan: Securing My Future

As I began receiving paychecks in the NFL, I knew I had to make responsible financial choices. I'd witnessed the consequences of poor financial decisions in my family, and I was determined not to follow that path. With guidance from a financial advisor, I developed a game plan.

In my third year, a significant opportunity arose when Melvin Gordon decided to sit out. I had a choice: a tender offer, a contract extension, or parting ways with the team. After negotiations, we agreed on a four-year extension worth $26 million, incentives included. This marked a turning point, and the spending began.

From Chrysler to Corvette: Enjoying the Fruits of Labor

My first big purchase after the contract extension was a vehicle for my mother. Her old van had served us well through high school, but it was time for an upgrade. I surprised her with a 2019 Ford F-150, a reliable choice for Colorado's diverse weather conditions.

As for me, it was time to fulfill a dream. I've always had a soft spot for Corvettes, and with the contract extension, I seized the opportunity. I bought a 2020 C8 Corvette, a customizable beauty that cost around $85,000. Life's too short not to enjoy the ride, right?

Upgrading My Game: Wardrobe and Lifestyle

While my cars were certainly exciting, I also focused on enhancing my daily life. A gaming enthusiast and Twitch streamer, I knew it was time to upgrade my setup. I invested about $10,000 in top-of-the-line equipment, ensuring a seamless gaming experience.

My wardrobe also saw an upgrade, with roughly $5,000 spent over three years. It's a way to express my personality and style, reflecting the growth I've experienced both personally and professionally.

Investing in the Future: Real Estate

Beyond personal indulgences, I turned my attention to investments, particularly real estate. From my first year in the NFL, I'd planned to build a passive income stream. Currently, I own 17 units in Colorado, with the guidance of my mother, a real estate agent. Building these connections was crucial for finding off-market deals and maximizing my investments.

Giving Back: The Austin Necklace Foundation

One thing that matters deeply to me is giving back. Before the pandemic hit, I established the Austin Necklace Foundation, aiming to create opportunities in underfunded areas. I'm currently working with Santa Barbara High School to enhance their gym and provide resources for students.

A Journey of Balance and Responsibility

My journey from a small Colorado town to the NFL has been filled with exhilarating moments, smart financial decisions, and a strong focus on securing my future. If I were to offer advice to rookies entering the league, I'd stress the importance of having a financial plan, seeking the guidance of a professional, and making well-informed choices. After all, while the NFL is an incredible opportunity, it doesn't last forever. It's crucial to build a solid financial foundation that can support you long after your playing days are over.

In the end, it's about balance, smart choices, and setting the stage for a future filled with financial security and possibilities. I look forward to what lies ahead, both on and off the field, as I continue to shape my financial destiny.