Travis Kelce might be showering Taylor Swift with all the expensive gifts in the world, but reports suggest that the athlete isn’t very responsible- when it comes to his bank account.
According to sources, the Chiefs tight end is under financial debt of thousands. But what’s the actual state of his wealth? Let’s find out.
How Much Is Travis Kelce’s Financial Debt?
The Chiefs star is known for his lavish lifestyle consisting of private jets, luxuries and expensive nightclubs. It has been revealed in the past, by himself that he is not very responsible when it comes to handling financial matters.
In Touch has revealed that Kelce is not responsible when it comes to his taxes. According to court documents obtained by the outlet, Kelce owes approximately $46,579 in state taxes from his native Ohio as of June 2017.
Additionally, it notes that a second tax claim for $64,198 is dated November 2018 and a third sum of 909 dollars, is dated December 2018.
Since 2011, the footballer has been involved in at least six known criminal offenses relating to vehicles. This might be part of the reason why he has such a high debt.
All of them are registered in the state of Ohio and involve incidents involving speeding or not wearing seatbelts, for which he entered a guilty plea.
In Case You Missed It: What Did Travis Kelce Get Taylor Swift For Valentine’s Day?
How Much Does Travis Kelce Earn?
Travis Kelce’s NFL salary alone is worth millions. His contract is worth $57.25 million, which secures him an annual $14.3 million per season until 2026. As for his podcast with Jason Kelce, that is worth $2 million but since the popularity of the podcast has increased in the latest news (Taylor Swift effect), it might be worth more very soon. To top it off, Kelce has advertising deals with a lot of big brands like Nike, Amazon, L’Homme, Helzberg Diamonds, Pfizer, and more. Overall, his net worth stands at $50 million.
As for being responsible with his expenses, Kelce revealed in an interview earlier that he blew off all of his rookie money and went almost broke.
“Man, I spent it all. I should’ve been on the ’30 for 30: Broke’ the way I was spending!” the NFL star said. Where did he spend his paycheck? Buying shoes and a watch. “I’m a big sneaker fan … and the Marty McFlys … the ‘Back to the Future’ … the Nike Air Mags were the first purchase of kicks that I got. Man I was walking in this empty apartment with some Marty McFlys on and a Rolex. I felt like the coolest guy in the world, man.”
He then proceeded to give a piece of financial advise to the youngsters. He said, “All the young guys in the league, all the guys that have the opportunity to get that big first check from the NFL — save it! Find a financial advisor that you trust, that’s gonna do right with your money because I was searching around for car deals after my first year trying to just pay rent!”
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