Tua Tagovailoa Spent $1.65 Million of His $30 Million Rookie Contract on a Miami Mansion
When professional athletes first enter the league, some go out and make big purchases. Those players are filled with excitement when they sign that rookie contract. NFL rookie Tua Tagovailoa made a big purchase recently when he bought a Miami mansion.
The Miami Dolphins rookie quarterback’s mansion is not too far away from the Dolphins practice facility.
Tua Tagovailoa put himself in a good position to get paid
There was a reason why Tagovailoa was a top draft pick in the 2020 NFL draft. The Dolphins selected him with the fifth overall pick after an impressive career at Alabama. Tagovailoa was a winner during his career at Alabama. As a true freshman in 2017, he was the back quarterback behind Jalen Hurts throughout the season. But, Tagovailoa saw a lot of playing time and made the most of his time on the field.
He replaced Hurts in the second half of the 2018 College Football Playoff National Championship game and immediately impacted the game. Tagovailoa threw the game-winning touchdown pass in overtime and finished the game throwing for 166 passing yards with three touchdowns. He was named the Offensive MVP of the game as Alabama won their 17th national championship.
Tagovailoa was the full-time starting quarterback in his sophomore and junior year. In 15 games, he threw for 3,966 yards with 43 touchdowns and rushed for 190 yards with five touchdowns. Even though he didn’t win the Heisman Trophy that year, he won the Walter Camp Award and the Maxwell Award, which are awarded to the top player in college football. He was also named the SEC Player of the Year and an All-American. Tagovailoa returned for his junior season, where he was set to have another successful career. Unfortunately, his season ended prematurely after dislocating his hip in a game. He played in nine games that season and threw for 2,840 yards with 33 touchdowns.
Despite dealing with an injury in his final college season, he was still a top draft pick
If Tagovailoa did not get injured during his junior season, he might have won a Heisman Trophy and another national championship. Even though he missed the last portion of the season, he was still considered one of the top prospects going into the draft. He didn’t get a chance to participate at the NFL Combine because he wasn’t medically cleared yet.
He could have been a No. 1 pick if he played his entire season, and he was still a top pick as the Dolphins were impressed by him. Tagovailoa was the second quarterback selected in the 2020 NFL draft as Joe Burrow went No. 1 to the Cincinnati Bengals. Now Tagovailoa could call himself an NFL player.
Tua Tagovailoa purchasing a Miami mansion
The Dolphins signed Tagovailoa to a four-year deal worth $30.2 million and included a $19.6 million signing bonus. The rookie decided to purchase a home for himself in Miami. The 22-year-old purchased a 5,200-square foot home in south Florida near the team’s practice facility. His house reportedly includes six bedrooms and four and a half bathrooms with a pool. It was reported that Tagovailoa spent $1.6 million on the house.
Not bad for the rookie for his first home. What’s even better is that he decided to spend around $30,000 on gym equipment that he set up in his garage. So if he ever wanted to get a workout, he could just get it in right in his garage. Finding a house is a big priority for some athletes when they first begin their career, and Tagovailoa has already taken care of that.
One thing that Tagovailoa made sure to do was to hire a financial adviser so that he won’t go insane as far as spending money. Many athletes end up broke after their careers because they didn’t know how to manage their money. Still, Tagovailoa has already started on the right foot hiring someone who will help him keep track of his expenses and make sure he’s making the right decisions with his money.