NFL free agency means massive contracts, high-stakes negotiations, and financial restructuring for teams.
Quarterbacks land nine-figure deals, and defensive stars secure guaranteed money. You might not be signing million-dollar contracts, but the strategic moves made by NFL GMs offer valuable money lessons.
Here are five ways to adjust your financial playbook right now—just like the pros.
Pro Tip: NFL teams rely on experts to navigate high-stakes financial moves—and you can too. If you’ve got at least $100,000 in investments, SmartAsset can match you with up to three vetted financial advisors in your area, free of charge.
1. Audit your roster of recurring expenses
NFL teams ruthlessly evaluate players’ value versus cost. A $27 million linebacker who underperforms faces tough decisions. Your finances deserve the same scrutiny. Review your recent bank and credit card statements and highlight every subscription or recurring charge.
Are you actively using these services? Be as unsentimental as an NFL front office—cut anything you’re not regularly using or benefiting from.
Consolidate or rotate streaming services seasonally to easily save hundreds annually without sacrificing your lifestyle.
Pro Tip: NFL teams cut unnecessary expenses to optimize their roster—so should you. If you need cash, debt relief, or funds for a major expense, quickly find options tailored to your needs. Explore financial solutions here.
2. Restructure your debt contracts
