Ryan Broyles Lives On Just $60,000 A Year – Though Seemingly Frugal, The NFL Player Does Have His Valid Reasons

Detroit Lions Wide Receiver Ryan Broyles and his wife live on a strict budget of $60,000 a year. Though this might seem quite frugal, considering the fact that the NFL player stands to make millions this year, Broyles does have some great reasons to support his self-set limits.

Ryan Broyles may soon have a $3.6 million contract, which guarantees him $1.4 million, at the very least. However, his financial planning doesn’t reflect his income that is plumper than what most day-jobbers will make in the year. He has revealed that between him, his wife Mary Beth and their just-born son Sebastian, the family plans to spend no more than $60,000 a year.

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While this figure too, may sound too good for the average Joe, Broyles is a NFL player and they aren’t exactly known to be penny-pinchers. Interestingly, besides the spending limits, the husband-wife duo doesn’t drive flashy, expensive cars as well, reported ABC News. Apparently, Broyles still owns and even drives the car from his college days: a 2005 Chevrolet Trailblazer.

If that’s not all, Broyles prefers to stay one step ahead in the finance game as well. He reportedly checks his investments daily and even participates in NFL’s matching 401(k) plan. Speaking about his commitment to staying financially healthy, Broyles said,

“Then you know how much you can invest, how risky you can be. Then, when I was hitting the same budget over three, four, five months, it was all right, this is what your budget is and I had some spending money.”

Though it is really great to see an athlete being judicious about his expenses, Ryan Broyles does have a very valid reason to limit his spending. While he has successfully found holes in the defense on multiple occasions, Ryan Broyles doesn’t know if Detroit Lions will retain him on their roster. In other words, Broyles is unsure if he will continue as a wide receiver. He may not even be a part of NFL if things do not pan out well for him.

In his second round of the 2012 draft, Broyles sustained multiple injuries that impacted his performance significantly. Despite being a good player, he still couldn’t become an integral part of the offense, reported MSN. Though Broyles hasn’t given up hope and is clearly focused on making the most of his final year as a rookie, the future, at present, remains uncertain.

Fortunately, owing to the budgeting, Ryan Broyles can at least stay financially safe, unlike quite a few players who have burned through most their fantabulous earnings with their lavish lifestyles.

[Image Credit | Gregory Shamus / Getty Images]