Andrew Petcash
@AndrewPetcash
Followers
108,856
Following
644
Media
1,665
Statuses
9,281
Breaking down the business of athletes and NIL. Former D1 hooper. Sports entrepreneur & investor. 30,000+ others read the newsletter
➤ ➤ ➤
Joined July 2018
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
ゴールデンウィーク
• 357353 Tweets
Kristi Noem
• 188868 Tweets
#ニコニコ超会議2024
• 66069 Tweets
Steelers
• 55806 Tweets
GW初日
• 44998 Tweets
Pacers
• 43451 Tweets
Middleton
• 33941 Tweets
Clippers
• 30873 Tweets
Self Esteem
• 30289 Tweets
Suns
• 29299 Tweets
Westbrook
• 28003 Tweets
Melo
• 23122 Tweets
連休初日
• 23018 Tweets
ドキュメンタリー
• 22875 Tweets
アラバキ
• 22010 Tweets
Bill Barr
• 21195 Tweets
KIMCHIU BdayPAUsabog
• 19633 Tweets
Beba
• 18568 Tweets
Kawhi
• 17929 Tweets
ヴィーガン
• 14139 Tweets
CRフェス
• 12398 Tweets
Troy Franklin
• 11011 Tweets
#AZKi100万人
• 10499 Tweets
Pinned Tweet
An all-pro running back made $36 million during his 12 years in the NFL.
1 year after retiring, he bought the team he played for (and it's turning into millions).
Here's the fascinating story:
158
2K
19K
SNEAKY RICH NBA PLAYERS...
6️⃣ Luol Deng: $200 million
$136M in career NBA earnings.
Huge portfolio of hotels, resorts, and apartments that are worth ~$125M.
315
3K
46K
Genius athletes that got into team ownership after retiring...
9️⃣ Serena & Venus Williams
Own a minority stake in the Miami Dolphins:
2009: $1B valuation
2023: $4.6B valuation
1st African-American minority owners in NFL history.
142
5K
36K
Nikola Jokic's income after taxes 🥴
$46.9M: Salary
-
$17.36M: Federal Tax
$2.06M: Colorado Tax
$1.41M: Agent Fee
$1.4M: Jock Tax
$436k: FICA
=
$24.23M: Net Income
1K
2K
34K
Jaylen Brown's off-the-court hobbies are some of the most interesting of any athlete.
Scouts even said he's too smart for the NBA.
Here's the fascinating breakdown:
434
2K
32K
Chris Paul once scored 61 points in a game.
He was 6 points away from the state record but asked to be taken out.
This story is wilder than any movie.
A THREAD 👇
162
2K
27K
Jimmy Butler makes $45M in the NBA.
But a side hustle could make him billions.
Here's the fascinating story:
272
1K
23K
Thaddeus Young has made $143M in NBA contracts.
But what he's doing off the court is even more impressive.
Here's the fascinating breakdown:
155
1K
23K
Jimmy Butler's income after taxes 😲
$45.18M: Salary ('23-24)
-
$16.72M: Federal Tax
$0: Florida Tax
$1.36M: Agent Fee
$680k: Jock Tax
$420k: FICA
=
$26M: Net Income
488
933
22K
Kyrie Irving is the NBA's most underrated investor.
In 9 years, he's hit a net worth of $90M.
THREAD: Kyrie's 6 best investments
113
2K
20K
Kobe Bryant may have made the BEST athlete investment of all time.
Turning $6M into over $400 million.
Here's the fascinating story:
86
2K
19K
Jaylon Smith has made $32M in the NFL.
But what he's doing off the field is even more impressive.
Here's the fascinating breakdown:
129
1K
19K
Jamal Murray's income after taxes 😲
$31.65M: Salary
-
$11.71M: Federal Tax
$695k: Colorado Tax
$950k: Agent Fee
$943k: Jock Tax
$3.17M: NBA Escrow
$742k: FICA/Medicare
=
$13.43M: Net Income
744
1K
18K
Tyrese Haliburton just signed a 5-year $207M contract extension w/ the Pacers.
Here's how much he will actually earn: 😲
$41.4M: Salary
-
$15.3M: Federal Tax
$4.1M: NBA Escrow
$1.2M: Agent Fee
$971k: FICA/Medicare
$690k: Jock Tax
$652k: Indiana Tax
=
$17.7M: Net Income
943
2K
18K
Serena Williams will be the first female athlete billionaire 👀
$94M in tennis money and several 5x business moves.
THREAD: Serena’s 5 best investments
46
2K
14K
Lionel Messi is set to be the highest-paid athlete on US soil.
And his taxes will be steep: 👀
$55M: Salary
-
$20.35M: Federal Tax
$0: Florida Tax
$0: Agent Fee
$1.64M: Jock Tax
$1.29M: FICA/Medicare
=
$31.7M: Net Income
306
1K
13K
Luol Deng made $136M in NBA earnings.
He's now worth over $200M thanks to an array of smart business moves.
Here's the fascinating breakdown:
79
827
13K
Shaq and Jeff Bezos follow the same exact investment strategy.
It helped them turn $250k into over $400 million.
Here's the fascinating story:
87
988
12K
Patrick Mahomes will be the first NFL billionaire 👀
$503M in NFL money and several 3x business moves.
THREAD: Mahomes’ 4 Best Investments
128
981
12K
Spencer Haywood turning down 10% of Nike (worth $2.8B today).
84
246
11K
NBA scouts were worried Jaylen Brown could get bored with basketball:
• Top of his class in HS
• Played on Cal's chess team
• Offered a NASA internship
• Master's class in 1st semester at Berkeley
• Youngest person to ever lecture at Harvard
25
362
9K
Steph Curry is launching his own alcohol...
𝐆𝐞𝐧𝐭𝐥𝐞𝐦𝐚𝐧'𝐬 𝐂𝐮𝐭 𝐊𝐞𝐧𝐭𝐮𝐜𝐤𝐲 𝐒𝐭𝐫𝐚𝐢𝐠𝐡𝐭 𝐁𝐨𝐮𝐫𝐛𝐨𝐧 𝐖𝐡𝐢𝐬𝐤𝐞𝐲 (𝚙𝚛𝚒𝚌𝚎𝚍 𝚊𝚝 $𝟽𝟿.𝟿𝟿)
Other athletes with their own alcohol brands:
195
836
8K
Ja Morant has had some questionable off the court decisions lately.
But he's made plenty of SMART business moves over the last few years.
A billionaire by 30 years old?
Here's the fascinating breakdown:
138
713
8K
Kevin Love has made $265M in his career.
But even more impressive, his business moves off the court (that are saving lives).
Here's the fascinating breakdown:
37
644
8K
Marshawn Lynch is on his way to $100M.
$56,000,000 in contracts, and he just bought an NHL team.
THREAD: Marshawn's 4 Best Investments
(and unique money moves)
36
678
7K
An all-pro shooting guard made $70M during his 13 years in the NBA.
After retiring, he built a portfolio of 100 businesses (and is now trying to 𝘣𝘶𝘺 an NBA team).
Here's the fascinating story:
123
803
7K
Kevin Durant is almost a billionaire 👀
$351,439,033 in NBA money and even more off the court.
THREAD: KD's 7 best investments
(and what he's investing in now)
55
755
6K
2️⃣ Vinnie Johnson: $500 million
Made roughly $6M in his NBA career.
Founded the Piston Group, an assembly supplier, which does $3B in revenue/year.
38
405
6K
Aaron Rodgers might be the first NFL billionaire 👀
$385M in NFL money and several 3x business moves.
THREAD: Rodger's 5 best investments
64
380
6K
The Saudis have offered Kylian Mbappe a $776M contract.
Here's what his taxes would look like: 👀
$776M: Salary
-
$155M: Saudi Tax
$0: Agent Fee
$0: Medicare
$0: Jock Tax
$0: State Tax
=
$620M: Net Income
90
452
5K
What else about Jaylen Brown?
- vegetarian
- huge soccer fan
- loves art and museums
- plays multiple instruments
- and enjoys watching anime
On the business side...
23
106
5K
Shaq's business idea received an "F" from his college professor.
That "idea" is now worth nearly $1 billion.
Here's the quick story:
41
454
5K
This is wild...
Jalen Ramsey will save $2 million a year playing in Miami compared to Los Angeles.
Taxes: 📈
Dolphins - $0
Rams - $2,261,000
77
377
5K
Saudi Arabia isn't messing around...
Neymar Jr. just signed a two-year deal w/ Al-Hilal.
- $175 million/yr (no taxes)
- private plane
- staffed mansion
- $85,000 for every win
- $545,000 for social media posts
Wild times 🤯
111
631
5K
Steph Curry is nearing billionaire status 👀
He earns over $90M a year and is building an empire off the court.
THREAD: Curry's 5 best investments (and why Nike passed on him)
40
554
5K
This is wild...👀
The federal gov't will make $48M from these 4 Nuggets players in 2023.
𝟐𝟎𝟐𝟑 𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐓𝐚𝐱𝐞𝐬:
Aaron Gordon: $7.29M
Michael Porter: $11.44M
Jamal Murray: $11.71M
Nikola Jokic: $17.36M
113
382
4K
Kobe Bryant was an incredible investor:
• $6M BodyArmor investment to $400M
• $100M fund to $2 billion (with 10 exits)
Here are Kobe's 4 investment criteria:
14
393
4K
The Denver Broncos just sold for $4.65B.
But here's what wild...
Former QB John Elway could have made $900M, if not for a costly mistake in 1998.
Here's the wild story:
83
461
4K
1️⃣ Junior Bridgeman: $600 million
A little over $4M in NBA earnings.
After basketball, Junior went on to be a super successful businessman. Owning 300+ Wendys and Chilis. 💰
25
353
4K
This QB started a million-dollar side hustle while playing for the Dallas Cowboys.
And now it's really starting to take off...
Here's the fascinating story:
52
352
4K
Tom Brady will be the first NFL billionaire 👀
$332,962,392 in NFL money and several 5x business moves.
THREAD: Brady's 4 best investments
83
272
4K
Jaylen Brown just signed the richest deal in NBA history (5 years $304 million).
Here's how much he will actually earn: 😲
$60.8M: Salary
-
$22.5M: Federal Tax
$6M: NBA Escrow
$1.8M: Agent Fee
$1.4M: FICA/Medicare
$1.8M: Jock Tax
$2.7M: Massachusetts Tax
=
$24.5M: Net Income
310
539
4K
Serena Williams is on pace to become the first female athlete billionaire.
Here's a visualization of how she's doing it:
47
825
4K
By being smart with money during his NFL career...
Warrick Dunn turned $9M into at least $50M (and partially owns an NFL team).
Dunn has also helped build more than 170 homes for needy families.
Legend.
20
295
4K
Jordan Poyer said he’s sick of taxes taking 50% of his money.
And this is wild...👀
Taxes on his $5.6M salary:
Florida - $0
New York - $655,000
228
162
4K
Jaylen Brown's business endeavors:
• invested in Base Ventures
• created his own fashion line
• looking to create generational wealth
• Endorsements with Adidas, Pepsi, and Beats
Founded the 7uice Foundation to provide opportunities for youth in underserved communities.
24
91
4K
Nike pulled off the greatest theft in sports history thanks to 3 people.
Lebron James, Serena Williams, and Drake.
Here's the fascinating story:
43
439
4K
This is why taxes suck...
Steph Curry's taxes from just California:
• $6.3 million in 2023
• $40.2 million over his career
Ouch.
2K
203
4K
Draymond Green said he will be a billionaire by 40 years old.
$130M in NBA money and several big-time moves off the court.
THREAD: Draymond's 4 best investments
56
264
4K
Dennis Rodman made $27M in the NBA.
Yet his net worth is only $500k because of a woman known as "mama".
Here's the wild story:
41
348
3K
Marquez Valdes-Scantling is an extremely underrated athlete businessman.
• 3-year, $30M contract
• 2023 superbowl champion
• Multiple business moves off the field
Here's how he's building wealth 👇
22
156
3K
After going broke as a rookie...
Travis Kelce 𝘱𝘳𝘰𝘮𝘪𝘴𝘦𝘥 himself that he would become one of the best athlete entrepreneurs alive.
Here's the fascinating story of how he did it:
36
217
3K
Did you know...
Roger Federer left Nike and became $600M richer because of it?
Here's the wild story:
39
447
3K
A Detroit Lions player made $30 million during his 10 years in the NFL.
In 5 years of investing, he doubled it.
Here's the fascinating breakdown:
20
211
3K
David Beckham pulled off one of the greatest business moves of all-time.
From $25M to $650M...
Here's the fascinating story:
32
381
3K
Carmelo Anthony is the NBA's most underrated businessmen.
$260M in NBA money, multiple 5x investments, and several of his own brands.
THREAD: Carmelo’s 4 best investments
30
358
3K
Spencer Haywood should have been the first athlete billionaire.
But a small mistake in 1973 cost him over $2.8 billion dollars.
Here's the insane story:
33
334
3K
Jaylen Brown's quick background:
❶ From Marietta, Georgia (5-star recruit).
❷ Chose Cal Berkeley (played 1-year)
❸ 3rd overall NBA pick by Boston Celtics
❹ Signed largest NBA contract ($304M)
Even wilder...
11
62
3K
Josh Allen's income after taxes 🥴
$43M: Salary
-
$15.86M: Federal Tax
$3.16M: NY State Tax
$1.3M: Agent
$1.02M: FICA
$378K: Jock Tax
=
$21.3M: Net Income
160
149
3K
Anthony Davis just signed the NBA's richest annual extension (3 years $186 million).
And the 𝘵𝘢𝘹𝘦𝘴 will be steep playing in LA: 🥴
$62M: Salary
-
$22.9M: Federal Tax
$6M: NBA Escrow
$4.1M: Cali Tax
$1.8M: Agent Fee
$1.8M: Jock Tax
$1.4M: FICA/Medicare
=
$24M: Net Income
307
440
3K
WATCH HOW YOU SPEND 💰😳
Former NFL QB Vince Young earned $35M but filed for bankruptcy after retiring because of two major reasons:
1. Young use to spend $5k/month at the Cheesecake Factory
2. Young would buy every ticket on his Southwest flights because he wanted privacy
183
306
3K
5️⃣ Grant Hill: $250 million
$140M in NBA salary and ~$120M from endorsements.
Hill Ventures $200M real estate portfolio and minority owner of the Atlanta Hawks.
7
147
3K
Jimmy Butler is set to make $45M next year.
But a side-hustle could make him billions.
Here's the fascinating story:
66
272
3K
3️⃣ Hakeem Olajuwon: $320 million
Earned $97M in NBA salary.
Has netted 100's of millions investing in the Houston real estate market.
8
179
3K
Magic Johnson should be the richest athlete of all-time...
But a small mistake cost him over $5 billion.
Here's the wild story:
67
398
3K
Shohei Ohtani just signed the richest deal in sports history (10 years $700 million).
Here's how much he will actually earn: 😲
$70M: Salary
-
$25.9M: Federal Tax
$4.65M: California Tax
$2.1M: Agent Fee
$2.0M: Jock Tax
$1.64M: FICA/Medicare
=
$33.6M: Net Income
336
602
3K
Shaquille O'Neal follows one rule when investing:
"𝐎𝐧𝐥𝐲 𝐢𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐭𝐡𝐢𝐧𝐠𝐬 𝐭𝐡𝐚𝐭 𝐚𝐫𝐞 𝐠𝐨𝐢𝐧𝐠 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐞 𝐩𝐞𝐨𝐩𝐥𝐞'𝐬 𝐥𝐢𝐯𝐞𝐬."
And this has helped Shaq put together an incredible track record:
61
193
2K
Concussions forced Calvin Johnson Jr. into retirement at only 29 years old.
But he found something that helps...
Weed, CBD, and building businesses.
Here's the fascinating story:
12
202
2K
And last year...
BodyArmor donated $24 million to the Mamba and Mambacita Sports Foundation.
And released a new strawberry grape flavor of BodyArmor called “Mamba Forever.”
In honor of the great Kobe Bryant.
10
101
2K
Something else interesting...
Colorado is one of the few states with a flat tax rate (4.40%).
Meaning everyone in Colorado pays the same 𝘴𝘵𝘢𝘵𝘦 𝘵𝘢𝘹 𝘱𝘦𝘳𝘤𝘦𝘯𝘵𝘢𝘨𝘦 no matter how much money they make.
55
155
2K
Shaq and Jeff Bezos follow the same exact investment strategy.
It helped them turn $250,000 into over $280M.
Think I'm kidding?
Here's the wild story:
30
314
2K
Joey Chestnut just made history by winning his 15th hot dog eating contest.
Even wilder?
He earns more than the average NFL player.
Here's the Chestnut money breakdown:
38
171
2K
Lionel Messi has a chance to become the richest athlete of all time.
$122M last year & several 4x business moves.
𝗠𝗲𝘀𝘀𝗶'𝘀 𝟱 𝗯𝗲𝘀𝘁 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀:
37
146
2K
Steph Curry is nearing billionaire status 👀
He earns over $90M a year and is building an empire off the court.
THREAD: Curry's 5 best investments
(and why Nike passed on him)
30
251
2K
4) Big Face.
Jimmy brought his coffee equipment and sold cups of joe for $20.
Why?
He knew that coffee options would be limited in the bubble.
And NBA players are rich (so why not $20?)
8
82
2K
JJ Watt and his wife have invested in the English soccer club Burnley FC...
𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐨𝐭𝐡𝐞𝐫 𝐩𝐫𝐨 𝐚𝐭𝐡𝐥𝐞𝐭𝐞𝐬 𝐭𝐡𝐚𝐭 𝐨𝐰𝐧 𝐬𝐭𝐚𝐤𝐞𝐬 𝐢𝐧 𝐬𝐨𝐜𝐜𝐞𝐫 𝐜𝐥𝐮𝐛𝐬:
🏈 Tim Tebow - Jax USL
🏈 Mark Ingram - DC United
🏈 Eli Manning - Gotham FC
🏈 Derrick…
55
159
2K
Chris Paul is the NBA's most underrated investor.
In 9 years, he's hit a net worth of $160M.
THREAD: CP3's 4 best investments
25
175
2K
NBA money is getting crazy...
Jaden McDaniels just signed a five-year, $136M contract w/ the Timberwolves.
$27.2M: Salary
-
$10M: Federal Tax
$2.7M: NBA Escrow
$1.3M: Minnesota Tax
$800k: Agent Fee
$800k: Jock Tax
$630k: FICA/Medicare
=
$10.8M: Net Income
120
186
2K
Cristiano Ronaldo is soccer's most underrated businessman.
In 9 years, he's made over $1.2B.
THREAD: Ronaldo's 4 best investments
35
158
2K
Conor McGregor will be a billionaire this year 👀
$235M from fighting and a $600M deal off the ring.
THREAD: McGregor's 4 best investments
28
185
2K
Lebron James is the NBA's best investor.
$617,025,003 in NBA money and even more off the court.
THREAD: Lebron's 7 best investments
34
319
2K
Joe Haden made $7M with the Steelers.
Yet one investment in ______ made him twice as much.
Here's the fascinating story:
23
125
2K
With millions on the line, Armando Bacot is turning down the NBA to stay in college.
And I think it's a genius move...
Here's the fascinating story 🧵
77
176
2K
It's awesome to see athletes build empires off the field.
Jaylon Smith is the perfect example.
12
63
2K
Antonio Brown is the NFL’s smartest businessman.
$100M in NFL money and array of businesses off the field.
THREAD: AB's 4 Best Investments (and his savvy money moves)
77
195
2K
6) 19 years later, CP3 would co-write a book with
@MichaelWilbon
.
'Sixty-one: Life Lessons From Papa, On and Off The Court".
What's the meaning behind it?
"The book is a celebration of my Papa Chilly, who helped shape who I am today and what I value.”
1
66
2K
Andre Iguodala is the NBA's most underrated investor.
Over the last 10 years, he's built an empire worth $200M.
THREAD: Iguodala's 7 best investments (and what he taught Steph Curry)
9
150
2K
thread of the most memorable pictures in NCAA history:
77
122
2K
It's awesome to see dynamic athletes like Jaylen Brown find success on and off the court.
Follow
@AndrewPetcash
for more examples.
Here's Jaylen's record contract stats:
Jaylen Brown just signed the richest deal in NBA history (5 years $304 million).
Here's how much he will actually earn: 😲
$60.8M: Salary
-
$22.5M: Federal Tax
$6M: NBA Escrow
$1.8M: Agent Fee
$1.4M: FICA/Medicare
$1.8M: Jock Tax
$2.7M: Massachusetts Tax
=
$24.5M: Net Income
310
539
4K
31
30
2K
Shaq is considered a smart businessman.
(but it wasn't always that way)
In fact, Shaq blew threw $20M in 3 days.
Here's the wild story:
26
92
2K
ATHLETES WHO GOT RICH after THEIR PLAYING CAREERS:
6️⃣ George Foreman: $300 million
Heavyweight champ (made $5M from boxing).
Salton Inc. paid Foreman to market its electric grill in which he made $138 million.
14
124
2K
Allen Iverson blew through over $200M in NBA money...
But was saved by a secret $32M clause.
Here's the wild story:
19
171
2K
St. Peter’s was the first 15 seed to make the Elite 8.
Despite having a budget in the bottom 5% of the ENTIRE NCAA.
Here's the business behind St. Peter's Run:
14
136
2K
Joe Burrow is still in his rookie contract.
Yet he's making nearly $25million/year (and doing some big things off the field)
THREAD: Burrow's 5x money moves
10
72
2K
States with the most D1 hoopers: 🏀
1️⃣ California: 386
2️⃣ Texas: 379
3️⃣ New York: 266
4️⃣ Georgia: 254
5️⃣ Florida: 250
6️⃣ North Carolina: 248
7️⃣ Illinois: 215
8️⃣ Maryland: 197
9️⃣ Pennsylvania: 169
🔟 New Jersey: 168
26
220
2K