Revisiting Our Lesson on Dwayne Haskins

By Josh Onyirimba

In the spring semester, we had the opportunity to visit the Capital Preparatory Magnet School in Hartford, CT. During this visit, we conducted a lesson on then recently drafted quarterback Dwayne Haskins and how he spent the first million dollars.

• His first purchase was a $250,000 customized Bentley Bentayga, which he acknowledged would depreciate in value.

• His next purchase was a $750,000 house for his mother.

• $70,000 on jewelry

• $50,000 on sisters college tuition

Haskins was recently released from the Washington Football Team following his second breach of NFL Covid Protocol. Though he will no longer be earning his initial salary he is now stuck with a customized supercar that will depreciate at a much faster rate than normal as well as property taxes on his home. This goes to show the value of saving and investing your money while it is still coming in. Unforeseen circumstances such as Dwayne's are one of the reasons we see athletes go broke. Check out the video below to see some more.