Despite All-Pro production, Hopkins' was traded to the Cardinals last year.
The result?
A payday
5) After being traded from the Texans to the Cardinals, DeAndre Hopkins signed a 2-year, $54.5M extension — making him the highest paid non-QB ever.
The best part?
Hopkins negotiated the contract himself, potentially saving between $545K-$1.6M in agent fees (Ex. 1-3%).
Legend.
6) Outside of his new NFL contract, which has more than $40 million in fully guaranteed money, @DeAndreHopkins has quietly been building a diverse investment portfolio.
7) DeAndre Hopkins and other prominent athletes like Kyrie Irving and Shaq, invested in plant-based meat substitute company “Beyond Meat" in 2019.
Beyond Meat went public months later at $25 per share but now sits at $120.
In total, his investment is up ~400%.
8) After using their products for years, @DeAndreHopkins became an investor & endorser for Therabody.
Looking to become "the global leader in wellness technology," Therabody is looking to tap into the multi-billion-dollar recovery space.
Maria Sharapova is also an investor.
9) Just one week after announcing his deal with Therabody, DeAndre Hopkins signed a multi-year deal with sports drink company BioSteel — which also saw him come on board as an investor.
Another investor?
NFL MVP Patrick Mahomes.
10) Outside of equity deals with Beyond Meat & Therabody, @DeAndreHopkins also has an impressive real estate portfolio.
Hopkins' real estate company, Stim Real Estate Group, owns nearly two dozen housing properties throughout Texas.
Next up, he's expanding into LA & Arizona.
11) Through a combination of negotiating his own contract, equity investments, and his real estate portfolio, DeAndre Hopkins was named to the Forbes 30 under 30 list this year.
His response?
"Equity deals only. Buy land, they're not making it anymore."
He's not wrong...
12) DeAndre Hopkins is the prime example of using determination, intelligence & persistence to create a successful life, regardless of your starting position.
From Section 8 housing to the boardroom, DeAndre Hopkins is winning — both on and off the field.
Now that's legendary.
13) If you enjoyed this thread, you should:
1. Follow me, I tweet cool sports business stories every day.
2. Subscribe to my free daily newsletter where I give a detailed analysis on topics involving the money and business behind sports.
From luxury cars to personalized shotguns, NFL quarterbacks & running backs get creative when taking care of their offensive linemen.
Here are 5 of my favorite gifts ever.
Time for a thread 👇👇👇
1) After the Patriots’ 2007 season — a campaign which ended with a 16-0 regular-season record before losing in Super Bowl XLII — Tom Brady gifted each of his 5 starting linemen brand new Audi Q7 SUVs.
The cost?
Valued at ~$40,000 each, the generous gift was worth about $200,000
2) After the 2012 season, which saw Adrian Peterson rush or 2,097 yards — the 2nd-most in NFL history — the Vikings RB gave his linemen a Minnesota-Esque gift.
What was it?
Personalized Arctic Cat Snowmobiles.
At more than $8,000 each, the gift cost Peterson $40,000+ in total.