A Frugal athlete podcast is a weekly podcast hosted by founder, Amobi Okugo. This podcast is meant to provide an insiders look into the financial playbooks of professional athletes, give insights on what it means to be a frugal athlete, and discuss topics regarding all things sports business
Quick recap on some of the World Cup stars and how they are frugal with their finances and career decisions. We talk about one particular star from the World Cup making a transfer. Speaking of transfers, NBA free agency is in full swing. We give insight to the mind of a free agent and why Lebron’s move to Lakers is more about his life than about basketball. Lastly we close with thoughts on a recent article about the power of LinkedIn pertaining professional athletes.
We sit down with Arik Armstead star defensive lineman for the San Francisco 49ers and talk about his journey both on and off the field. We take a deep dive into what he’s learned from a financial perspective so far in his early career, why knowledge is power, and the value in being more than just an athlete. Make sure you tune in for the many gems Arik Armstead provides.
World Cup starts tomorrow so you know we had to talk about that. But you know since it’s a frugal athlete over here, we are coming at it from a different angle. How athletes and student athletes can use big opportunities like the World Cup to set themselves up for the long run. We also dive into to another professional athlete hard done by a financial advisor and Reggie Bush winning his lawsuit against the now Los Angeles Rams
The annual Forbes Sports Money list that identifies the top 100 highest paid athletes came out and we dissect the list and all the figures behind it. From the compensation differences in salary vs endorsements to ventures that different athletes are doing to certain trends in the market. We also discuss Lebron’s 45,000 dollar outfits and why it’s okay for him to do that and not someone like me. Lastly, we quickly go over another list I came across with the top 50 most powerful people in sports according to Worth.
This episode I go on a quick rant about professional athletes choosing their significant others and companions wisely. It doesn’t get talked about enough but divorce rates and child support payments amongst professional athletes are exceptionally high all things considered. So I talk about that and why it’s important to be upfront and communicate as well as cautious when it comes to dating.
In this episode I talk about how colleges are helping student athletes create their personal brands. For example, Ohio St’s creative media department is working with their football student athletes to help build a personal brand.
I discuss why former number 1 NBA draft pick Kwame Brown is suing Merril Lynch, Bank of America, and former financial advisor. I also share some tips on how you can avoid Kwame Brown’s current dilemma.
Lastly, I make a quick shoutout to Christian Wilkins who decided to stay another year at Clemson and pursue his masters while working as a substitute teacher to help increase his draft stock instead of rushing to the NFL.
Also acknowledge some more athletes who have taken it upon themselves to invest in their education and finish what they started.
Why Education is Important For Athletes and how to take advantage of furthering your education while playing. Also touch on why franchising is an ideal career opportunity for professional athletes in light of recent article on entrepreneur.
In this episode I talk about the news on the possible changes for College Athletes with the NCAA Basketball Rules I recap the NFL draft including Josh Allen and his previous tweets getting him in trouble and the brand impact the new rookies have I take some quick time to highlight team frugal of the week athlete, Arian Foster and how he transitioned out the game Close with some quick hits around the sports business world including another athlete, Robert Meachem, who was scammed by their financial manager Lastly, I introduce you to our brand new segment Book of the Month and share the book for May Athletes are brands too
Nfl draft is tomorrow so I talk about the next steps athletes should do when getting drafted. Additionally, I talk about different things rookies should do after getting drafted and how much money doesn’t need to be wasted on a suit and clothes for that matter. I also chat about Steph Curry and his new media company partnership with Sony and why athletes need to think of themselves as media companies as Gary Vaynerchuck would say. I also take time to touch on other investments and moves athletes are making in response to Entrepreneurs latest article (https://www.entrepreneur.com/topic/most-entrepreneurial-athletes) and give thoughts on moves like Aaron Rodgers’ ownership stake with Milwaukee Bucks and Rob Gronkowski’s acquired stake in a race horse. I divulge in why tech is so popular for athletes with a quick shoutout to Jason Fox who we highlighted as our Team Frugal Athlete of the week. Lastly, we close with the changing landscapes of agents.
In this episode I talk about the recent book I just finished New Money Staying Rich by Phillip Buchanon. I also talk about the new netflix original amateur , the movie that follows the life of a youth basketball phenom and his journey navigating his personal struggles on top of his hoop dreams. I also talk about different things around the sports business realm such as minor league player, Tyler Adkison retiring to start a crypto firm for athletes and kobe’s new espn show detail Lastly I divulge on some thoughts on why team sports with investing is important and other news in the sports business
In this episode we talk about taxes and all you need to know when it comes to paying Uncle Sam from the athlete perspective. With light of recent news regarding Drew Brees we also talk about some skeptical investments athletes make. We discuss the importance of thinking before you tweet and how to carry yourself on social media due to the backlash Final Four Most Outstanding Player Villanova’s Donte DiVincenzo. Lastly, Lebron James and Nick Saban two of the more polarizing figures in sports today are in a little legal tussle, so we cover the insights behind that and leave you with some thoughts.
After a little break we are back with episode 5 of A Frugal Athlete Podcast. We have a lot to catch up on. I talk about NFL free agency and franchise tags specifically Richard Sherman and Kirk Cousins. I also discuss my current situation as a Free Agent and Health Insurance. I also touch on how Kobe winning an oscar is great for athletes and what it means. Lastly we talk about Alex Rodriguez’s new show on CNBC Back in the Game.
I sit down with Akachi, my brother and co founder, and talk shop on everything. We divulge in his world of basketball. From the different levels of the basketball professional ranks to NCAA and whether athletes should get paid. We also talk about how athletes can control their own story and avoid the question so what's next?
In this episode I talk about the different resources that can help on your quest to be A Frugal Athlete. From books to podcasts to other platforms, this is great information that can build your financial base. I also highlight two athletes that are helping their peers become frugal athletes. I also divulge in what I learned at a Thuzio conference I went to and talk about another conference I’m attending at the NBA all star weekend. Books: Winning the Money Game , Athlete CEO, Brands Win Championships, Athletes Are Brands Too, Free Agent, Money Shot, New Money Staying Rich, Is There Life after the NFL, Rich Dad Poor Dad, Millionaire Next Door, Think and Grow Rich, Richest Man in Babylon, Pogues Basic Money. PODCAST: Dave Ramsey Show, Listen Money Matters, Stacking Benjamins, You Need A Budget, Smart Passive Income. For more information make sure you check the website www.afrugalathlete.com and follow us on all the s
This week’s episode I recap my time at the pursuit financial summit during NBA all star weekend. What I learned from the summit and also observations from people such as Miko Grimes surrounding the all star weekend.
I also talk about Lebron James, All Star MVP and his mantra “More than an Athlete” in light of recent events due to his Uninterrupted X Uber collaboration with Kevin Durant.
Also talk about the NFLPA externship program and why it’s important for athletes to use these opportunities presented to them.
In addition I make some quick plugs on cool podcast to listen to as well as different athletes to follow on youtube. 5 YouTube professional athlete channels to follow Kevin Durant , Cedric Thompson, Matthew Sheldon, Quincy Amarikwa, & Paul Rabil
Updated playbook to help you become a frugal athlete on the website as well afrugalathlete.com/playbook
First official episode of A Frugal Athlete podcast. Founder, Amobi Okugo takes you through the journey of how A Frugal Athlete came about, what it means to be A Frugal Athlete, and what the podcast will consist of. Follow the website at www.afrugalathlete.com