Athletes Who Retired... But Were MORE Successful After

SunnyV2

6 Jun 202410:55

Summary

TLDRThis video script highlights the diverse and remarkable post-sports careers of ten athletes. George Foreman found success with his eponymous grill, while Jason Statham transitioned from diving to action stardom. Arnold Schwarzenegger leveraged his bodybuilding into acting and politics, and Magic Johnson became a business mogul. Other athletes like Ilie Năstase, Michael Strahan, Vinnie Jones, and Shaquille O'Neal also carved out unique paths in entertainment and business. Terry Crews pursued his passion for the arts, and Michael Jordan's partnership with Nike catapulted him to billionaire status, making him the richest athlete ever.

Takeaways

🥊 George Foreman transitioned from boxing to endorsing a grill that drains excess fat, earning significant profits from the deal.
🏅 Jason Statham moved from diving to acting, using his discipline and focus from sports to excel in action movies and survive a near-fatal accident.
💪 Arnold Schwarzenegger leveraged his bodybuilding success into acting roles and later became a billionaire through savvy investments and business ventures.
🏀 Magic Johnson achieved success in the NBA and later as a businessman, investing in sports teams and other ventures, becoming a billionaire.
🎾 Ion Ţiriac capitalized on his unique look and success in tennis to build a business empire, including a bank and a car museum, making him Romania's richest man.
🎤 Michael Strahan transitioned from the NFL to a successful career in television, winning awards and recognition for his hosting skills.
🍔 Vinnie Jones used his aggressive reputation from soccer to play tough roles in films, and his off-field troubles added authenticity to his on-screen persona.
🎤 Shaquille O'Neal diversified his post-retirement career with music, acting, and business ventures, accumulating a significant net worth.
🎨 Terry Crews pursued his passion for the arts while playing in the NFL, which eventually led to a successful acting career and iconic commercials.
👟 Michael Jordan's partnership with Nike for his own shoe line became a massive success, contributing to his status as the richest athlete ever with a net worth of 3.2 billion.

Q & A

How did George Foreman transition from his boxing career to the kitchen appliance industry?
-George Foreman transitioned from boxing to the kitchen appliance industry by allowing a company called Sultan to use his name for a grill that drained excess fat. Initially, the product was a failure, but it became successful when Foreman began hosting infomercials for it. He received 40% of the profits and eventually sold his share for a one-time payment of 137 million dollars.
What was the initial success of the George Foreman grill?
-The George Foreman grill initially failed in the market. Its success came after George Foreman started hosting the infomercials for the product, which led to a significant increase in sales.
How did Jason Statham's diving career influence his acting career?
-Jason Statham's diving career taught him discipline and focus, principles he applied as an action movie star. His swimming ability also contributed to his roles in productions like 'The Meg' and 'Expendables 3', where diving skills saved his life during a filming accident.
How did Arnold Schwarzenegger's sporting achievements impact his acting career?
-Arnold Schwarzenegger's sporting achievements, particularly his multiple Olympia wins, led to him being cast for roles that matched his Greek hero-like appearance, such as Hercules in New York, Conan the Barbarian, the Terminator, and Dutch from Predator.
What business ventures did Magic Johnson undertake after his basketball career?
-Magic Johnson invested in sports teams, bought the LA Dodgers, the Los Angeles Sparks, the Los Angeles football club, and the Washington commanders. He also launched his own talk show, film studio, record label, and bought a movie theater, the tallest building in Brooklyn, and multiple Starbucks locations. Additionally, he bought 60% of the Equit Trust Insurance company, which nearly doubled its assets.
What was unique about Ion Ţiriac's post-retirement business ventures?
-Ion Ţiriac opened the first bank in Romania after the fall of communism, funded by profits from his tennis career. He also ventured into real estate, auto leasing, and air travel. His coolest business is the Ţiriac Auto Gallery, featuring over 300 unique cars, including two rare Rolls-Royce Phantom 4S.
How did Michael Strahan's transition from the NFL to media impact his career?
-Michael Strahan became a talk show co-host on 'Live with Kelly and Michael', which significantly increased its ratings. He then moved to 'Good Morning America', where he won two daytime Emmys for outstanding talk show host and received a star on Hollywood's Walk of Fame.
What was the turning point in Vinnie Jones' acting career?
-Vinnie Jones' acting career took off when he was cast as a criminal in 'Lock, Stock and Two Smoking Barrels'. His tough-guy image, built from his reputation as an aggressive soccer player, made him perfect for such roles.
How did Shaquille O'Neal diversify his post-retirement career?
-Shaquille O'Neal made rap music, released five studio albums, performed live at music festivals, appeared in WWE shows, and acted in numerous commercials and TV shows. He also made savvy business moves, owning 155 Five Guys restaurants, 150 car washes, 40 gyms, and 17 Auntie Anne's restaurants, building a net worth of half a billion dollars.
How did Terry Crews' NFL career influence his acting career?
-Terry Crews was known as the 'artist football player' during his NFL career. After retiring, he took his talent to Hollywood and landed roles in movies and commercials, notably the Old Spice commercials, which became a significant part of his acting career.
What made Michael Jordan the richest athlete ever?
-Michael Jordan's partnership with Nike to create his own special shoe line was extremely successful, earning him roughly 1.5 billion dollars. He also bought a share in the Charlotte Hornets, which he later resold for a significant profit, leading to a net worth of 3.2 billion.

Outlines

00:00

🥊 From Boxing Ring to Kitchen: George Foreman's Grill Empire

This paragraph details the unexpected success story of George Foreman, a retired boxer who found a second career in the kitchen appliance industry. After retiring at 48 with seemingly no prospects, Foreman's name became synonymous with a revolutionary grill that removed excess fat from food. Initially a failure, the product took off after Foreman began hosting infomercials, leading to massive profits and a one-time payment of 137 million dollars. The paragraph also touches on the surprising fact that Foreman is a real person and not just a brand, while also mentioning other athletes-turned-celebrities like Jason Statham, who transitioned from diving to action movies, and Arnold Schwarzenegger, who leveraged his bodybuilding achievements into acting roles and political office.

05:02

🏆 Diverse Careers Post-Sports: From Insurance to Talk Shows

The second paragraph delves into the diverse post-sports careers of various athletes. It starts with Magic Johnson, highlighting his successful investments in sports teams and businesses, which led to him becoming a billionaire. The narrative then shifts to Ilie Năstase, a former tennis player who capitalized on his unique look and entrepreneurial ventures, including opening Romania's first bank post-communism. The paragraph also covers Michael Strahan's transition from the NFL to co-hosting a talk show, which significantly increased its ratings, and his subsequent success on Good Morning America, earning him two daytime Emmys. The story of Vinnie Jones, known for his aggressive soccer career, is also included, detailing how his tough image translated into a successful acting career, despite some legal troubles. Finally, the paragraph mentions Shaquille O'Neal's ventures into music and business, which contributed to his half-a-billion-dollar net worth.

10:03

🏀 The Legacy of Michael Jordan: From Basketball to Business

The final paragraph focuses on the unparalleled success of Michael Jordan, widely regarded as the greatest NBA player of all time. After being approached by Nike to create a signature shoe, Jordan's brand far exceeded expectations, generating an astonishing 126 million dollars in the first year alone. Over time, the Jordan brand has amassed a fortune of approximately 1.5 billion dollars for him. Additionally, Jordan's investment in the Charlotte Hornets, initially costing 275 million dollars, was resold in 2023 for a staggering 3 billion dollars, solidifying his status as the richest athlete ever with a net worth of 3.2 billion dollars.

Mindmap

Keywords

💡George Foreman Grill

The George Foreman Grill is a type of kitchen appliance designed to drain excess fat from food while cooking. It became a significant part of the video's theme, illustrating the successful transition of George Foreman from a boxer to a brand ambassador and entrepreneur. The script mentions how George Foreman's name became synonymous with the grill, which eventually led to a one-time payment of 137 million dollars for his share in the product.

💡Discipline and Focus

Discipline and focus are key concepts in the video, representing the transferable skills athletes gain from their sports careers that can be applied to other areas of life. Jason Statham, a former diver, exemplifies this by using the discipline he learned from diving to excel as an action movie star, performing his own stunts and applying the focus he developed in his diving career to his acting career.

💡Arnold Schwarzenegger

Arnold Schwarzenegger is a central figure in the video, showcasing how his sporting achievements in bodybuilding opened doors to acting and other ventures. His casting in roles such as Hercules, Conan the Barbarian, the Terminator, and Dutch from Predator was influenced by his bodybuilding background. Additionally, his appearance on talk shows giving bodybuilding tips and his subsequent election as governor highlight his multifaceted post-sports career.

💡Investment

Investment is a recurring theme in the video, highlighting how athletes diversify their careers and income post-retirement. Magic Johnson's investment in sports teams and other ventures, such as buying the LA Dodgers and the equit Trust Insurance company, is a prime example. His investments are portrayed as smart financial moves that contributed to his status as a billionaire.

💡Tennis Player Ion Ţiriac

Ion Ţiriac, a former professional tennis player, is an example of a successful post-sports career transition. After winning the French Open, he became known for his unique look and entrepreneurial ventures, including opening the first bank in post-communist Romania and establishing a car museum. His story in the video emphasizes the idea that success in sports can translate into success in business.

💡NFL Career

The NFL (National Football League) is mentioned in the context of several athletes' careers in the video. Michael Strahan's transition from a 15-year NFL career with the New York Giants to a successful career in television, including co-hosting a talk show and winning two daytime Emmys, illustrates the versatility and adaptability of athletes post-retirement.

💡Vinnie Jones

Vinnie Jones, known for his aggressive demeanor as a professional soccer player, transitioned to acting, often playing tough-guy roles. His reputation on the field contributed to his casting in films like 'Lock, Stock and Two Smoking Barrels' and as the Juggernaut in 'X-Men'. The video uses his story to show how an athlete's on-field persona can translate into a successful acting career.

💡Shaquille O'Neal

Shaquille O'Neal, referred to as 'Shaq' in the video, is highlighted for his diverse post-retirement ventures, including music, television appearances, and business investments. His ownership of numerous Five Guys restaurants, car washes, gyms, and other businesses has contributed to his half-a-billion-dollar net worth, demonstrating the broad range of opportunities available to retired athletes.

💡Terry Crews

Terry Crews' journey from an NFL player to a Hollywood actor and Old Spice commercial star is featured in the video. His story emphasizes the pursuit of passion over conventional success, as he transitioned from football to the arts, ultimately finding fame in commercials that were ubiquitous during NFL games, which he described as his 'revenge on the league'.

💡Michael Jordan

Michael Jordan is presented as the epitome of post-sports career success in the video. His collaboration with Nike to create his own shoe line, which远超expected earnings, and his investment in the Charlotte Hornets, which resulted in a significant profit, illustrate how his brand and business acumen have made him the richest athlete ever with a net worth of 3.2 billion.

Highlights

George Foreman transitioned from boxing to kitchen appliances, notably the George Foreman grill, which became a massive success after he began hosting its infomercials.

Foreman's grill initially failed but turned around, earning him a one-time payment of 137 million dollars after selling his share in the product.

Jason Statham, a former diver, applied his discipline and focus from diving to his successful acting career, performing his own stunts and using his swimming skills in films.

Statham's diving skills saved his life during a near-fatal accident while filming, where he had to swim to the surface from the bottom of the Black Sea.

Arnold Schwarzenegger's bodybuilding achievements led to acting roles that were influenced by his physique, such as Hercules, Conan the Barbarian, and the Terminator.

Magic Johnson became a billionaire through savvy investments in sports teams and businesses, including the LA Dodgers and the Equit Trust Insurance company.

Ion Ţiriac capitalized on his unique appearance and success in tennis to build a bank and a vast business empire, becoming Romania's richest man.

Michael Strahan transitioned from a long NFL career to co-hosting a talk show, significantly increasing its ratings and winning two daytime Emmys.

Vinnie Jones leveraged his aggressive reputation from soccer into a successful acting career, playing tough characters in films and commercials.

Shaquille O'Neal diversified his post-basketball career with music, acting, and business ventures, amassing a net worth of half a billion dollars.

Terry Crews, despite a modest NFL career, found success in Hollywood, particularly with a long-running Old Spice commercial campaign.

Michael Jordan's association with Nike led to the creation of his own shoe line, which has earned him an estimated 1.5 billion dollars.

Jordan's investment in the Charlotte Hornets basketball team resulted in a significant profit, increasing his net worth to 3.2 billion dollars, making him the richest athlete ever.

The George Foreman grill's success story demonstrates the power of personal branding and the importance of perseverance in business.

Many athletes find that the discipline and focus developed in sports can be applied to achieve success in diverse fields such as acting, business, and media.

Investments in various industries, from sports teams to insurance companies, have proven lucrative for retired athletes looking to expand their portfolios.

The ability to adapt and find new passions, as demonstrated by Terry Crews and Michael Strahan, can lead to a successful second act after sports retirement.

The story of Ion Ţiriac shows how a unique personal brand can be leveraged across different industries to build significant wealth.