BroBible
Before we go any further, I would like to start by saying that I do not think Las Vegas Raiders running back Ashton Jeanty is actually going to purchase a $15 million mansion in Nevada. I would imagine this latest video serves as a promotional partnership for all of the involved parties.
However, if the 21-year-old rookie does decide to buy a house at this price tag, it raises serious financial concerns!
There is no reason for a first-year NFL player to spend that kind of dough on a place to sleep. Far too many unknowns exist surrounding his career and financial future to drop all of this money so early on— especially when he may or may not live in the home during the offseason.
Ashton Jeanty signed a four-year, fully-guaranteed contract with the Raiders worth $35.9 million at the beginning of May. That number includes a signing bonus of $22.75 million.
This surprisingly lucrative rookie deal makes him the second-highest paid running back in the league in terms of guaranteed money even though he has yet to play a single down. His annual salary of approximately $9 million ranks 11th among players at his position.
Needless to say, money is not an object for Jeanty. And yet, it seems ill-advised for him to spend his money lavishly instead of investing and/or saving for the future.
Jeanty recently toured a few different properties in Las Vegas with his new realtor, Michele Sullivan. He brought Overtime (and Avis Media Group) with him to film a behind-the-scenes video.
The first home features an 18-car garage and a pool that is bigger than most hotels. The second home, which is actually a high-rise condo near downtown, features a 2,000-square-foot primary bedroom with views of The Sphere. Raiders team owner Mark Davis would be his neighbor at the third home!
I do not know if Ashton Jeanty purchased any of the three properties shown to him by Sullivan but I don’t think so. It seems to me that this is a promotional video to get eyes on the Las Vegas real estate market.
Whether real or not, the $15 million price tag was enough to raise concern among some NFL fans.
“If he’s trying to do this he needs a financial advisor ASAP!! ” commented @Jalfonso51.
“Damn a $15m starter home, that’s probably his signing bonus or I’d hate to see the mortgage payment and property tax bill. I’d probably start off at $2m-ish range until he gets his 2nd contract. But to each their own,” said @cliftonmcmullen7167.
“Not smart he could get hurt and not get a second contract plus he’s losing 30 mill to taxes and if he buys a 20 mill dollar house he only got like 10 mill left,” chimed @NFLBlitz214.
“Bro!! This crib is way out ur league for now!! Please wait,” added...
