101 Interactions, 2 Today
The Buccaneers veteran tweeted that a wild night at the club could have turned into $11 million if he had instead invested in Bitcoin.
Ndamukong Suh, a defensive end for the Tampa Bay Buccaneers, has had a successful NFL career, including a Super Bowl victory this year in his 11th season. He’s also made a lot of money along the way, and he recently admitted that he should’ve been more careful with his money earlier in his career—and that he could have profited handsomely from purchasing Bitcoin.
Today, Suh tweeted about his financial evolution, admitting that he made mistakes with money as a young professional in the league but learned healthy habits along the way.
“I came into some money at a young age. Which can be a blessing, but it can also be trouble,” the NFL veteran tweeted. “I made some mistakes, learned from the best, and ultimately found a formula for financial success.”
He said that while he didn’t spend big on houses and cars in his 20s, he did drop a lot of cash on “experiences.” Six years later, he’s still ruminating about $50,000 that he spent while at a club in 2015, and how much that would be worth today if he’d spent it on Bitcoin instead.
“If I had bought Bitcoin with the $50K I spent at a club in 2015, I would have ~$11.4M today,” Suh tweeted, adding an emoji with the top of the head exploding.
Bitcoin traded for anywhere between about $172 to $465 per coin over the course of 2015, according to data from CoinGecko. Today, the price sits at $54,234, down about 16% from the all-time high of $64,805 set in April.
Suh’s viral thread, which has over 10,000 interactions as of this writing, goes into detail about his budgeting and financial opportunities strategy. Suh has invested in over 30 companies, according to his Twitter profile, including Genies, an NFT avatar marketplace set to launch on Dapper Labs’ Flow blockchain.
Suh’s NFL earnings to date total nearly $165 million, according to Spotrac, and that doesn’t include endorsement deals with Nike, Subway, and Chrysler.
Russell Okung, a Super Bowl champion with the Denver Broncos, has been an outspoken supporter of Bitcoin. He converted half of his 2020 season salary (approximately $6.5 million) to Bitcoin and has launched educational and advocacy campaigns for the world’s leading cryptocurrency. Another player, Sean Culkin, chose to convert his entire $920,000 base salary for 2021 into Bitcoin.