DETROIT, Aug. 10 (UPI) -- All the studies say that, more often than not, retired NFL players go broke.
Broyles, who has made about $3 million in three NFL seasons, told ESPN that he lives with his wife and child on about $60,000 a year. Broyles said he invests the rest of his money and puts it into retirement accounts, enabling him to live out his life on football earnings.
"I studied as much as I could," Broyles told ESPN's Michael Rothstein. "Talked to people wealthier than me, smarter than me. So that definitely helps."
"When I come to work, I don't think about the money, man," Broyles said. "I can tell you that, without a doubt. There might be some guys that do but I put myself in a position where I come out here and have fun. I don't have that pressure, you know what I mean. My wife has no worries. My child has no worries. For the most part, I can help my family, you know."
Sports Illustrated estimates that about 80 percent of retired NFL players go broke. The average salary in the NFL is $2 million a year and the median income is $750,000, according to Forbes. The Washington Post reported that "one in six players file for bankruptcy within 12 years of leaving the league."
In 21 career games, Broyles has 32 receptions for 420 yards, two receiving touchdowns, and two rushing touchdowns.