Earn Your Leisure RICH PAUL SAYS NO ATHLETE CAN AFFORD TO FLY PRIVATE ALL THE TIME
Nov 19, 2025
Rich Paul, a high-profile sports agent known for representing NBA stars and advocating for their financial health, shares his candid insights on the financial struggles athletes face. He discusses why most cannot afford to fly private all the time and emphasizes the need for prudent spending. Rich stresses the importance of planning for life after sports, avoiding displays of wealth, and finding value in modest ownership stakes. He advocates for collaboration within the community to foster generational wealth, providing key takeaways for athletes navigating their careers.
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Short Careers + High Taxes Demand Planning
- Athletes often start from zero and face heavy taxes that shrink career earnings.
- Rich Paul highlights that short careers and ~50% tax rates demand smarter long-term compounding.
Prioritize Practical Travel Over Image
- No athlete can afford to fly private all the time; prioritise expenses over image.
- Fly commercial like Rich Paul when it preserves capital and scales your business sustainability.
Hide Luxury, Spend Strategically
- Keep discretionary luxury private and off social media to avoid performative spending.
- Use private flights sparingly and only when they serve business, not for show.