Star QB Jimmy Garoppolo was once asked by his father a while back to be careful with his spending habits. This happened when the 31-year-old had signed a massive five-year contract with the San Francisco 49ers, worth a whopping $137.5 million back in 2018.
Advertisement
Jimmy’s father, Tony Garoppolo is a retired electrician by profession and has taught his son the basic nuances of judiciously spending hard-earned money.
The father-son duo had revealed their internal ‘Monet talks’ in public while participating in National Signing Day with Skills USA and Home Depot in 2021. “Save your money. Don’t be foolish with it,” Tony admitted telling his son early on in his career.
“I think [Jimmy] has a good feel for [his money] and has good people around him and he’s not being foolish with it,” Tony had further stated, per CNBC.com.
Needless to say, Tony’s words had a major impact on Jimmy G. In fact, back in 2021, the two-time Super Bowl winner took out time to talk about his financial habits to help youngsters with their money calls. He was also very frank in acknowledging his shortcoming on the topic.
“I’m a spender, but I’d say for the most part I’m a saver. I look for the long term more than the short term. I’ve leaned on them heavily to guide me in the right direction and kind of show me the ropes,” Garoppolo had said.
Jimmy Garoppolo’s Teammates Could not Convince Him to Invest in Crypto & NFTs Back in 2021
The ‘financially sound’ Jimmy G was once actually persuaded by his teammates to invest in cryptocurrency. However, the quarterback was quite apprehensive about its prospects. The concept of NFTs also seemed confusing to him back then, as he revealed it during the same interaction.
For the unversed, the crypto market saw a sudden decline post Covid-19 with people losing plenty of money. Very little is known about whether Jimmy Garoppolo actually took an interest in checking out these newer avenues later on.
However, if Jimmy did actually end up listening to his pals’ financial advice, he too might have met the same fate of his former colleagues, Tom Brady and Odell Beckham Jr., both of whom reported massive losses courtesy of such investments.
