Detroit Lions wide receiver and former Georgia Tech star Calvin Johnson put his signature on the largest contract in NFL history, an eight-year deal potentially worth $132 million. $60 million of the deal is guaranteed. That is a lot of cheese.
Johnson had the right answer when Detroit media asked him how he’ll spend it.
“I’m smart,” he said. “I’m going to invest it.”
A couple unsolicited suggestions of what Johnson can do with $60 million.
- 2,495 pounds of gold at market price. Could be melted down for an awesome weightlifting set.
- Real estate is always a solid investment play. For instance, an eight-bedroom, 9.5-bathroom, beachfront home in Maui with pool and Jacuzzi. He could buy 2 1/2 of those. Good schools, too.
- Given that his mother is an educator, Johnson must know that a sound mind is perhaps the greatest investment of all. He could endow 40 faculty chairs at Tech, provide full tuition for 6,216 in-state undergrads or endow 120 athletic scholarships.
But, if he’d rather spend it elsewhere…
- One of everything at the Varsity (not including extra cheese or bacon): 437,636.
- Georgia Tech helmet signed by Calvin Johnson: 133,333. An eight-bedroom home in Maui would be the ideal storage space.
- Use of the Georgia Dome for 1,500 days. That doesn’t even take into consideration that the rental fee drops by $10,000 if he rented it on consecutive days.
- A daily subscription to the AJC for a year for 272,727 years. It’ll pay for itself in coupons.
Thanks for reading.
Ken Sugiura, Georgia Tech blog