Phillip Buchanon’s time spent with the Washington Redskins was mostly unremarkable, spending two years on the roster between 2010 and 2011, and notching up 2 interceptions total during his time here. Buchanon started his NFL career as a first round pick, going to Oakland at 17 overall in the 2002 draft. However he became somewhat of a journeyman, playing for 5 different teams in a 10 year career.
Now retired from the NFL, Buchanon has put pen to paper and released a book detailing the pitfalls that come with going from a pauper to a millionaire literally overnight.
“When I got to the NFL, I was all dollars and no sense,” Buchanon was quoted in an interview with Fox Sports. “I want to make sure the next generation of athletes doesn’t make the same mistakes.”
His new book ‘New Money: Staying Rich’ sounds like it will be a valuable read for all rookies entering the NFL, wide-eyed and overwhelmed.
In an excerpt provided to CBSSports’ John Breech, Buchanon notes that even his own mother very quickly put their hand out looking for money, and to take advantage of the new fortunes that come with being a first round draftee;
Soon after the draft, she told me that I owed her a million dollars for raising me for the past 18 years. Well, that was news to me. If my mother taught me anything, it’s that this is the most desperate demand that a parent can make on a child. The covenant of having a child is simply that you give your child everything possible, and they owe you nothing beyond a normal amount of love and respect. There is no financial arrangement. If you get old and infirm, and your kids are around to help you out at that point, then you’re lucky. It’s not written in the social contract. The mothers and fathers of the world have been rearing their kids for generations — in every culture imaginable — and it’s a one-way street when it comes to money. If they pay you back someday, and you really are going through hard times, then that’s just a bonus, a gratuity for being a great mother or father.
Buchanon’s book is available for purchase from his website.
Comments
Powered by Facebook Comments
