The Finances of Athletes and NFL Players with Hillary Seiler
Release Date: 10/03/2025
Money Tree Investing
Barbara Friedberg | Diana Perkins | Follow on Facebook: Follow LinkedIn: Follow on Twitter/X: For more information, visit the show notes at
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info_outlineHillary Seiler joins us today to discuss the finances of athletes and NFL players. She shares her journey from personal financial struggles in college to building a career helping athletes, students, and employees improve their financial wellness. She shares how supporting friends who went pro in the NFL led her into creating financial literacy programs for professional teams, eventually expanding into universities and corporate America. She talks the lack of financial education for athletes, the misconceptions around their earnings, and the systems now in place to protect players from going broke.
We discuss...
- Hillary is a financial education coach who began working with pro athletes and later expanded to universities and corporate America.
- She was inspired by her own financial struggles during her mother’s illness, which gave her perspective on money management.
- The NFL now mandates financial education sessions for rookies and younger players to prevent bankruptcy and poor financial decisions.
- Many athletes face misconceptions about their earnings, with most NFL players earning far less than the public assumes.
- Financial downfall is often tied to lack of education, poor money management, divorce, and being targeted for bad investments.
- Hillary teaches athletes to evaluate deals by requiring full business plans and consulting financial advisors before investing.
- Support systems and career planning are critical to helping athletes adjust to life after sports and avoid identity loss.
- Studies show Olympic silver medalists often stay motivated while gold medalists can struggle with depression and identity loss after reaching the pinnacle.
- Professional athletes and military veterans face similar challenges when retiring, often losing their sense of purpose.
- There has been debate about requiring athletes to save in pensions or annuities, but concerns remain about limiting free will.
- The NFL and NBA encourage saving with strong 401k matching programs, but players cannot access funds until age 45.
- The Pro Athlete Community (PAC) helps retired athletes manage money and avoid financial pitfalls.
- Despite education programs, some athletes still make costly mistakes or fall for scams, learning lessons the hard way.
For more information, visit the show notes at https://moneytreepodcast.com/the-finances-of-athletes-hillary-seiler