Being a generational running back with a huge NFL contract makes it much easier to invest like this than the average back who only lasts a couple of years in the NFL. Plus Barkley is also the beneficiary of plenty of endorsements. When the average player is out of the league in 3 years, often due to injury, it's not unexpected that they may have financial difficulties. Most of the degrees they get aren't worth much, and while the minimum salary looks enticing, the taxes eat it up quickly, as do all the people clamoring for a cut.
Being a famous sports figure in general makes it easier to invest in these assets. Many VCs will bend over backwards to have a famous sports personality involved in their firm or investments.
Even a non-famous person with ~$20mm to invest (somewhere around the after-tax amount of his rookie contract) would not get a seat at the table at these VC firms.
Yeah, it seems like these "investments" are halfway to endorsement deals. He endorses the companies for marketing purposes and is paid in access to investments that typically aren't available to someone of his specific tier of wealth.
I also see no real indication that Barkley is especially good at what he is doing here. Is there a reason to believe that anything but luck separates his investments, including in crypto, from deals his peers like Tom Brady and Steph Curry made with FTX that got those guys pulled into the company's legal problems?
He's a generational talent who signed a $30 million rookie contract.
I know guys who played in the NFL and they got paid a sliver of that, at best. They are out of the league. 99% of guys who make it aren't Saquon Barkley. Shit, 99% of guys in his position aren't at his level. RBs do not last at the NFL level for very long. There's always some young new hotshot out of the college game who is faster, younger, and not beat up.
The big issue is that most of those guys spent their entire lives to that point to play in the NFL. They didn't challenge themselves in high school or college from an academic standpoint - they focused on football. They took home through that 3 year rookie deal MAYBE $200k-300k total after tax, outside training expenses, agent expenses, etc.
> They didn't challenge themselves in high school or college from an academic standpoint...
A slightly different perspective: they weren't challenged academically, primarily because they excelled at footballs/sports. I had a friend in high school (back in the 80s) that was, coincidentally, also a star running back, broke rushing records, played for a good college, all that. However, he never made it to the NFL. He coasted through high school because everyone wanted him on the field and didn't care at all about his education. College was even worse. He told me for most semesters he didn't even know what his classes were; he was there only to play football, and that was made very clear to him from the start.
It's easy to point the finger, like, "You should've challenged yourself in high school!", and that's true. But for a lot of these kids, "the system" either simply looks the other way or actively discourages them from education.
Fortunately for my friend he landed a job in the football program at a small, private college, where he also was able to actually attend classes and eventually get a degree. I think he's retired now, though.
His change of direction, elusiveness, and vision are all generational. His durability is not or at least he has not displayed it yet. I don't think anyone would put his durability up against AD, Frank Gore, or even Derrick Henry and come out on top.
Bold statement two hours before kickoff but I'm expecting a significant regression this year and for him to be out of the league in two years.
You're still talking about exclusive clubs. The PERCENTAGE of NFL players that meet those criteria is relatively small. The majority aren't dropping out early, they're replaced as soon as possible.
It also always help to have generational wealth before ZIRP pumped up all asset prices to the moon. If I was an average Joe with $100k to invest in 2017, I’d be a multimillionaire right now. This is based purely on the public investments I made with the little money I had. If I had access to private markets like startups, it would be worth even more.
> If I was an average Joe with $100k to invest in 2017, I’d be a multimillionaire right now.
You would not 20X your investment in 8 years unless you got extremely lucky and avoided losing anything in risky bets that did not work out.
Many novice investors have gotten lucky on a trade or two and imagined what their return would be if they had invested 10X or 100X more. However, when you have 10X or 100X more capital on the line, you don't play the same game.
$100k invested in 2017 turning into $2m in 2025 implies a 46% annualized return over 8 years.
Those numbers are not realistic from even the world’s top hedge funds.
That begs the question of what magic well of oil you struck to yield those numbers? The only public investment I can see is TSLA. And I would not recommend an average Joe YOLO $100k into TSLA.
I hate these, it was easy then it is hard now arguments. Yes, some years it's easier to get a job, some years your investment perform better, some years houses are cheaper. But I think over a lifetime it evens out. It's on you.
Love hearing about professional athletes taking their finances seriously. Based on the article, seems like he's taken the same approach as Rob Gronkowski--investing all of his NFL contract, living only on endorsements.
Easier to do when you're an extremely relevant person in your sport.
Not all NFL athletes have a shot at getting any endorsements at all. In fact, most don't.
Be a star player or famous role player on a very successful team, that's way different than some backup lineman who is out of the league by the time their rookie contract ends.
American football is by and far the worst culprit - in all the other big or semi-relevant american sports - baseball, basketball, hockey, etc, you can make a decent living playing overseas. Not huge, but decent enough. Can't do that with football.
100% agree with you. Median salary is $800k, which is amazing, but if you only get 2-3 years out of it, need to index the take-home and live like a college student to make it worth anything after compounding.
The median NFL salary is like 850k/year, and the average is ~3million/year.
Seems like a lot for playing with a ball, while producing exactly zero in practical value (other than advertising and distraction, which is a net negative for society arguably).
>startups in his portfolio include Anthropic (currently valued at $183 billion), Anduril ($30.5 billion), Ramp ($22.5 billion), Cognition ($9.8 billion), Neuralink ($9 billion), Strike (~$1 billion), and Polymarket (~$1 billion). He’s also a limited partner in funds including Founders Fund, Thrive Capital, Silver Point Capital, and Multicoin Capital.
> He’s also a limited partner in funds including Founders Fund, Thrive Capital, Silver Point Capital, and Multicoin Capital.
Dividing the entire rookie contract amount across so many investments and so many funds means relatively small investments in those funds.
No way any non-famous-athlete individual would be able to LP in those funds without athletic stardom attached. It's a selling point for those LPs to say he's part of their funds and they get to rub shoulders with a professional athlete.
It says rookie contract + endorsements, and I don't think it seems particularly small, just doing the math. Also I doubt that ex: Thrive LPs would care about this kind of thing. This whole comment just seems wrong.
Steve was very lucky in the sense that every part of his life contributed to him being involved in the world of finance.
He was born and raised in Greenwich, CT. Hedge fund capital of the world.
Went to school at BYU which is run by the Mormon ~Private Equity group~ Church.
Played his pro career in Silicon Valley.
He did a commercial and helps sales for Ramp and he only has $500k into them? That is either the deal of the century for Ramp or the reporting is inaccurate.
Anyone shilling for cryptocurrencies is immediately suspect in my book. Most of his investments are in companies I don't have a very positive view of. That's not saying he won't make a great return or that those companies won't make a lot of money, I just don't care for them.
I think the angle of the story is compelling for being different: look at this athlete investing in startups.
What I'm more interested in is how is he getting dealflow:
>The high-growth startups in his portfolio include Anthropic (currently valued at $183 billion), Anduril ($30.5 billion), Ramp ($22.5 billion), Cognition ($9.8 billion), Neuralink ($9 billion), Strike (~$1 billion), and Polymarket (~$1 billion). He’s also a limited partner in funds including Founders Fund, Thrive Capital, Silver Point Capital, and Multicoin Capital.
If he has sizable investments in these companies at an early-ish stage then one has to ask: is this guy nostradamus? Or is he doing the classic early stage playbook and investing everywhere? Is there someone else making the bets?
It's really easy to look in hindsight at this guy and said he did a good job with his money, but I'd argue for any angel that wasn't already tapped into the network, this would be an impressive portfolio. It's not like Anthropic was hurting for investors. And if it is the case that Anthropic said "why not, I'd love to have a check from 2024 superbowl champion Saquan Barkley", then it's not really repeatable.
I have plenty of friends who made quite a bit of money from previous exits and have also read Zero to One, and their angel portfolio isn't as lucrative.
Readit News
Even a non-famous person with ~$20mm to invest (somewhere around the after-tax amount of his rookie contract) would not get a seat at the table at these VC firms.
I also see no real indication that Barkley is especially good at what he is doing here. Is there a reason to believe that anything but luck separates his investments, including in crypto, from deals his peers like Tom Brady and Steph Curry made with FTX that got those guys pulled into the company's legal problems?
He's a generational talent who signed a $30 million rookie contract.
I know guys who played in the NFL and they got paid a sliver of that, at best. They are out of the league. 99% of guys who make it aren't Saquon Barkley. Shit, 99% of guys in his position aren't at his level. RBs do not last at the NFL level for very long. There's always some young new hotshot out of the college game who is faster, younger, and not beat up.
The big issue is that most of those guys spent their entire lives to that point to play in the NFL. They didn't challenge themselves in high school or college from an academic standpoint - they focused on football. They took home through that 3 year rookie deal MAYBE $200k-300k total after tax, outside training expenses, agent expenses, etc.
A slightly different perspective: they weren't challenged academically, primarily because they excelled at footballs/sports. I had a friend in high school (back in the 80s) that was, coincidentally, also a star running back, broke rushing records, played for a good college, all that. However, he never made it to the NFL. He coasted through high school because everyone wanted him on the field and didn't care at all about his education. College was even worse. He told me for most semesters he didn't even know what his classes were; he was there only to play football, and that was made very clear to him from the start.
It's easy to point the finger, like, "You should've challenged yourself in high school!", and that's true. But for a lot of these kids, "the system" either simply looks the other way or actively discourages them from education.
Fortunately for my friend he landed a job in the football program at a small, private college, where he also was able to actually attend classes and eventually get a degree. I think he's retired now, though.
Bold statement two hours before kickoff but I'm expecting a significant regression this year and for him to be out of the league in two years.
> His change of direction, elusiveness, and vision are all generational.
I hear he's pretty good at football too.
For players on the roster opening day, the average career is 6 years.
For players with 3 years of experience, the average career is 7 years.
First round picks have an average career of 9.3 years.
And if you make a Pro Bowl, your career average is 11.7 years.
League minimum is $840K. Cut it in half for taxes and agent fees and that's still $420K.
He won ROY, and last season was amazing, but the rest of his career is far from generational level production.
You would not 20X your investment in 8 years unless you got extremely lucky and avoided losing anything in risky bets that did not work out.
Many novice investors have gotten lucky on a trade or two and imagined what their return would be if they had invested 10X or 100X more. However, when you have 10X or 100X more capital on the line, you don't play the same game.
$100k invested in 2017 turning into $2m in 2025 implies a 46% annualized return over 8 years.
Those numbers are not realistic from even the world’s top hedge funds.
That begs the question of what magic well of oil you struck to yield those numbers? The only public investment I can see is TSLA. And I would not recommend an average Joe YOLO $100k into TSLA.
Not all NFL athletes have a shot at getting any endorsements at all. In fact, most don't.
Be a star player or famous role player on a very successful team, that's way different than some backup lineman who is out of the league by the time their rookie contract ends.
American football is by and far the worst culprit - in all the other big or semi-relevant american sports - baseball, basketball, hockey, etc, you can make a decent living playing overseas. Not huge, but decent enough. Can't do that with football.
Seems like a lot for playing with a ball, while producing exactly zero in practical value (other than advertising and distraction, which is a net negative for society arguably).
Reminds me of Steve Young
Dividing the entire rookie contract amount across so many investments and so many funds means relatively small investments in those funds.
No way any non-famous-athlete individual would be able to LP in those funds without athletic stardom attached. It's a selling point for those LPs to say he's part of their funds and they get to rub shoulders with a professional athlete.
He was born and raised in Greenwich, CT. Hedge fund capital of the world. Went to school at BYU which is run by the Mormon ~Private Equity group~ Church. Played his pro career in Silicon Valley.
The stars were aligned from the start.
Fly Eagles Fly!
What I'm more interested in is how is he getting dealflow:
>The high-growth startups in his portfolio include Anthropic (currently valued at $183 billion), Anduril ($30.5 billion), Ramp ($22.5 billion), Cognition ($9.8 billion), Neuralink ($9 billion), Strike (~$1 billion), and Polymarket (~$1 billion). He’s also a limited partner in funds including Founders Fund, Thrive Capital, Silver Point Capital, and Multicoin Capital.
If he has sizable investments in these companies at an early-ish stage then one has to ask: is this guy nostradamus? Or is he doing the classic early stage playbook and investing everywhere? Is there someone else making the bets?
It's really easy to look in hindsight at this guy and said he did a good job with his money, but I'd argue for any angel that wasn't already tapped into the network, this would be an impressive portfolio. It's not like Anthropic was hurting for investors. And if it is the case that Anthropic said "why not, I'd love to have a check from 2024 superbowl champion Saquan Barkley", then it's not really repeatable.
I have plenty of friends who made quite a bit of money from previous exits and have also read Zero to One, and their angel portfolio isn't as lucrative.
Because he's Saquon Barkley. Other than your lead + maybe 1 or 2 others, everyone else is pretty interchangable. At least Saquon is interesting.
> To date, none of Barkley’s investments have flamed out or depreciated, largely because he prefers to come in at later stages of a company’s growth.