Planning For Life After Stardom
If you own a television, you have probably seen Denver Broncos quarterback Peyton Manning talking about “Papa Johns” pizza at some point in the last few years. When those commercials first came out, people were wondering out loud how a pizza chain could afford to pay for that kind of star power on a regular basis.
As it turns out, Manning actually owns 21 Papa John’s franchises in the Denver area alone. Why would a guy making millions of dollars to play professional football is buying businesses with his NFL paycheck? Because he’s planning ahead for life after football, that’s why.
Business savvy celebrities are doing this more and more these days, as they begin to realize that their athletic careers, modeling contracts and sexy, washboard abs will all come to an end one day. These celebrities are using their paychecks to invest in building or buying businesses that will continue to make them money long after the spotlight has fallen. Here are just a few notable names that are preparing for life after their superstardom.