In September, just before the 2011 season kicked off, the Minnesota Vikings rewarded their (and the NFL's) top back Adrian Peterson with a seven-year, $100 million contract extension.â†µ
One might think that a big payday would call for a shopping spree or at least a splurge of some sort to celebrate the occasion, but not Adrian Peterson:â†µ
"I actually haven’t purchased anything yet," Peterson told Jimmy Traina on the Hot Clicks podcast. "Haven’t bought anything yet.â†µ
"I like to sit back and let my money grow, so I’m going to sit on it for a minute. Something might pop up that I want to purchase, it might be a good investment or something, I don’t know, we’ll see. As of now, I’m just watching it build up in my account.â†µ
"I gotta look out for my family … so I have to be smart about it."â†µ
It's only November, so it's not like he's had a lot of free time away from football to invest in much else, but it sounds like he has the right idea. We hear so many stories about athletes throwing their money around and winding up in money trouble after retirement, it's nice to read that one of the active stars intends to be frugal with his exorbitant earnings.