A notable exception are daily fantasy sports providers FanDuel and DraftKings, an idea he liked because of his interest in football.But when Quin gets involved with a company, the benefit is typically more than just his investment dollars. Some of the failed deals end up as a successful return on investment because of knowledge gained.He might have made his money in the short-term NFL world, but he’s in the investment game for the long haul. In the offseason, he’ll sometimes study two or three deals per month, starting by reading it over to see if it hits certain metrics he has for investments.If those things happen, he talks with Lukanga and does more research. “A curious mind, disciplined approach to reading people and an aptitude for thinking strategically. He knows the average person looks at an NFL player and doesn’t immediately think intelligence.“I want to be seen as, yeah, I’m in the NFL, but I’m not a typical guy, you know,” Quin said. I came here with a suit on, just like you. After that, it’s all football. It is part of what attracted him to three of his companies: Health Warrior, a company that makes food out of chia; pawTree, a customized pet nutrition company; and PeerWell, an app that helps people prehab before joint replacement surgery to aid in their post-surgery recovery.Quin declined to divulge all of his investments, partly because of privacy and contractual agreements, but most fit this mold. '",Lions' Glover Quin lives on 30 percent of take-home pay, uses rest to invest in future,Lions attain dubious feat in latest big blown lead,Lions' Nick Williams (shoulder) out vs. Packers,Lions' Trufant, Golladay, Dahl out vs. Packers,Lions' Stafford recounts seeing racism firsthand,Lions' Collins says actions toward ref unintentional,Woman sues Wisconsin over Cephus readmission,Lions place corner Coleman on injured reserve,Looking at Lions' troubling fourth-quarter trend under Matt Patricia,Once deep, Lions corners looking real thin with Aaron Rodgers up next,New season, same deja vu: Lions blow double-digit fourth quarter lead in loss to Chicago,Lions' Collins ejected after making contact with ref,Mitchell Trubisky works to revive Bears' career against Lions. The Detroit Lions safety, who earns an average of $4.7 million a year , has been saving 70% … “Like, ‘Oh, I would never use that or I think that’s a great idea, you know. He’ll often chat with his wife, asking her opinion on a potential product without divulging there could be an investment opportunity.“I just want to get her intake,” Quin said. Quin and Lukanga estimate a five-year projection where his private portfolio could match the money he has made in the NFL. Right now, I’m in your world. He stuck with his budget. '",Lions' Glover Quin lives on 30 percent of take-home pay, uses rest to invest in future,Lions attain dubious feat in latest big blown lead,Lions' Nick Williams (shoulder) out vs. Packers,Lions' Trufant, Golladay, Dahl out vs. Packers,Lions' Stafford recounts seeing racism firsthand,Lions' Collins says actions toward ref unintentional,Woman sues Wisconsin over Cephus readmission,Lions place corner Coleman on injured reserve,Looking at Lions' troubling fourth-quarter trend under Matt Patricia,Once deep, Lions corners looking real thin with Aaron Rodgers up next,New season, same deja vu: Lions blow double-digit fourth quarter lead in loss to Chicago,Lions' Collins ejected after making contact with ref,Mitchell Trubisky works to revive Bears' career against Lions. After signing a free-agent deal in Detroit in 2013, Quin decided to venture into a more risky investment world -- private equity, using 10 to 20 percent of his wealth to fund private, up-and-coming businesses.“We like companies that we feel can change the world,” Quin said. It meant doing everything possible to make sure he had a long NFL career while using it to set up the rest of his life.Quin saved 70 percent of his take-home pay each year and invested in well-known, publicly traded companies. “Whether it’s private equity firms, whether it’s venture capital firms, his money always has to be with good money,” Lukanga said.Quin has to believe in the product and that the company fits his "change and better the world" philosophy. Quin eventually hired Lukanga, who has many other NFL clients, and Quin bought into the save-spend strategy immediately and carried it through to now, even with a lucrative second NFL contract.“That 30 percent just gets a little bit bigger,” Lukanga said. This has also helped to make sure he’s diversifying his investments. He needs to see other experienced investors putting capital behind a company before he’s willing to go in. If somebody did something like that, it would be dope.’ See what she says about it because she has a good feel for stuff.”.After all that, if a deal excites him, he has four benchmarks he typically uses to decide if a deal makes sense.Does he have an opportunity to get more involved with the company? It’s helping him with what Quin and Lukanga call Quin’s “Field MBA,” because he has no plans to attend business school.Quin has to understand the business plan and what the company is trying to accomplish. The move is not a surprise considering the cap savings and the reality that 2018 rookie Tracy Walker began to cut into his playing time over the course of the season.
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