NFL player Trent Richardson’s family blew $1.6 million of his money in less than a year
When he signed a four-year $20.5 million contract with the Cleveland Browns, he bought a six-bedroom house in Cleveland for $825,000 and rented his mom a house there, too. “I had a chance to make sure my mom never had to work again,” he said on E:60. He also bought his grandmother a house in Pensacola for $350,000.
After a successful rookie season, he was then on four teams in four years. And he is now out of the league.
“I looked at my bank statement and thought, ‘where did this come from?’
they took advantage of me,” he said of his friends and family members.
They had paid for 11 Netflix accounts and eight Hulu accounts in his name. They also made many purchases on Amazon and charged him for bottle service at bars.
“I don’t get on the internet much — and I don’t drink,” he said, adding that he only spends about $300 every two weeks on himself.
Between January 2015 and October 2015, his family and friends had spent $1.6 million of his money.
His college coach, Nick Saban, told E:60: “He wants to please everyone. That makes it difficult to disappoint people with the word ‘no.’”
But then he stopped paying for everyone except his immediate family. He even took his brother Terrell off his payroll; he had been paying him $100,000 a year to be a personal assistant.