Athletes that didn't go broke? These guys DO exist! Did you guys know that Terry Crews actually played in the NFL for a bit? Or that there’s someone on this list who’s actually one of the richest men in the world because of his latest career?! Find out who’re the most successful athletes after hanging it up on the field!
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Here's are athletes who found success after their careers!
10 - George Foreman
How many of you guys out there have owned a George Foreman grill?! Maybe you still do! Considered a heavyweight champion in pretty much all categories of life, George Foreman might actually be more known for the grills he pushed than actually being a boxing champion! To one generation, Foreman became a symbol of strength after his gold-medal victory in boxing at the 1968 Mexico City Olympics. From then on, he became almost unstoppable. He won every single fight he had until finally losing to Muhammad Ali in 1974.
However, to another generation, he was the newest and oldest heavyweight boxing champion who happened to be on TV selling an interesting grille. Foreman was approached by Salton, Inc. to push the grilles, since he credited his comeback success to his new healthy diet. Foreman said yes, and the rest is history. The venture gave Foreman a $138 million bump in his fortune, with sources saying he still earns 40% of all sales. Since 1994, the George Foreman Grill has sold over 100 million units! Selling 100 million of anything is just ridiculous!
9 - Jamal Mashburn
Remember when Jamal Mashburn was lighting it up back in the day at Kentucky?! After a successful career in college basketball and the NBA, Mashburn turned his sight to the business world. Mashburn has always said that it wasn't a surprise decision. Apparently, ever since he was a teenager, he not only dreamed of becoming a world-renowned basketball player, but also as a hardworking businessman who carried a briefcase to work.
Mashburn today owns more than 80 restaurant franchises nationwide in the US, has ventures in real estate, and even has interest ownership in thoroughbred horse racing. Doing the business thing hasn't been easy, as he says he gets approached by other former athletes who claim to have the next big business idea all the time.
The funny thing is, a lot of athletes themselves get approached with business deals all the time during their playing days! He says saying no is what he says if the project just doesn't seem profitable. After all, accumulating and protecting a net worth of $45 million doesn't happen by investing in random projects. However, he still does believe in picking up the appropriate risk. In 2013, he teamed up with with former NFL star Winston Justice to create a venture capital firm to invest in the tech industry.
8 - Magic Johnson
Can things get better after you get voted as the NBA's Most Valuable Player in 1987, 1989 and 1990? If your name is Ervin Johnson but you go by Magic, then yea, things CAN get better. Do I really need to go into how his playing career went? Being the orchestrator of the Showtime Lakers in the 80’s with his ridiculous display of basketball skills and earning $45 million along the way isn’t too shabby. But what he did as a player somehow fails in comparison to the now ever-growing wealth he’s created since he’s been retired. Known as a very intelligent businessman, Johnson has been able to venture in many different areas such as real estate and media.
Even though he publicly announced he was HIV positive back in 1991, the success didn’t really change for Magic. The media frenzy created by his announcement didn’t stop his successful business mindset. After establishing Magic Johnson Enterprises and investing in a variety of businesses that includes buying a minority ownership in the Dodgers, he keeps on growing his net worth. He’s ranked 10th on Forbes' list of Highest-Paid Retired Athletes, having a net worth of $500 million!
7 - Bill Bradley
Successful doesn’t exactly describe the amount of achievements Bill Bradley has been able to achieve after his playing days. Bill Bradley was a former college basketball star at Princeton.