NFL Hall of Famer Terrell Davis reveals his biggest money mistake — and what it taught him

Personal finance

Hall of Fame running back Terrell Davis once made a huge money blunder — and he’d like others to learn from it.

“The biggest money mistake I’ve made — I’ve made a lot of those, by the way — was investing in a project that didn’t exist, that never came to fruition,” said Davis, who played for the Denver Broncos from 1995 to 2001. In 1997, he was named Super Bowl MVP. He was inducted into the Pro Football Hall of Fame in 2017.

The project was based in Atlanta, but while he was told it was “already good to go,” it didn’t get the blessing from the city.

It “just kind of floundered,” he said.

MIAMI, FL – JANUARY 31: Terrell Davis #30 of the Denver Broncos carries the ball against the Atlanta Falcons during Super Bowl XXXIII January 31, 1999 at Pro Player Stadium in Miami, Florida . The Broncos won the game 35-19.

Focus On Sport | Getty Images Sport | Getty Images

Catch Sunday Night Football this Sunday on NBC, with coverage beginning at 7 p.m. ET.

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Articles You May Like

Here’s what to know before withdrawing funds from inherited individual retirement accounts
Here’s where the world’s top 0.001% are putting their money, according to wealth experts
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
Most retirees don’t delay Social Security benefits, research finds. Here’s why experts say it pays to wait
Here’s why Biden administration believes new student loan forgiveness plan will survive legal challenges

Leave a Reply

Your email address will not be published. Required fields are marked *