5 Lessons Washington Redskins QB RG3 Needs to Learn from Bankrupt NFL Players

May 31, 2013   ·   John Bibb   ·   Jump to comments

Washington Redskins quarterback Robert Griffin III has decided to officially call the Washington, D.C. suburbs home after purchasing a $2.5 million home in the outlying suburbs in Virginia, according to the Washington Business Journal. The home, situated on a three-acre lot, features five bedrooms, six baths, an elevator and a wine cellar, and plans are underway for a swimming pool.
This is quite a starter home for the 23-year-old, second-year starter who is scheduled to be married on July 6 in Denver, Colo., where his fiancee has family living nearby in Boulder.
He certainly has the money to afford such a luxurious purchase. Less than a year ago, the 2012 NFL Offensive Rookie of the Year signed a four-year, $21 million guaranteed contract plus lucrative endorsement deals. Why shouldn't he purchase a multi-million dollar home just one year into his contract?
I'll tell you why.
In 2009, Sports Illustrated published an article which provided some answers to the questi...

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