Good morning, 12s. Here’s a look at what’s out there today — Monday, May 22— about your Seattle Seahawks.
Seahawks DK Metcalf Discusses Maturity and Business Savvy With Bloomberg
Through his first four seasons in the league, wideout DK Metcalf has racked up more than 4,200 receiving yards, 306 receptions and 84 touchdowns. After signing a contract extension last July, the Ole Miss alum posted a career-high 90 receptions and recorded his second 1,000-yard season in 2022. With his fifth season approaching, Metcalf and financial advisor Joe McLean sat down with Bloomberg to discuss his maturity off the field as a businessman.
Last year, Metcalf landed his first movie role, working alongside Hollywood star Owen Wilson for Paramount’s Secret Headquarters. But big screen appearances aren’t the limit for Metcalf’s dreams and visions off the field. Joined by McLean, the former University of Arizona Wildcats Basketball star who became the “money whisperer” for star athletes like Metcalf and NFL veteran Whitney Mercilus, the two discuss the side of big contracts you don’t often see after signing on the dotted line – managing the money. Metcalf discussed getting his first big money as a rookie in 2019, after being selected by Seattle in the second round.
“I remember texting my agent,” said Metcalf. “Like, who is Uncle Sam? Where’d he come from?”
From the start, Metcalf has been taken under the wing by his management team to ensure he’s being responsible with his newfound riches. Before the 2023 draft, Metcalf discussed how he budgeted his rookie contract with Weston Blasi of Market Watch.
“I didn’t get my signing bonus right after,” said Metcalf. “It was how the team and me and my agent agreed upon — scheduled payments. I didn’t want a lump sum. The way we scheduled it out is for me to set myself up for longevity. It’s not, ‘Here’s X amount of dollars’ and we’ll talk later. I got to schedule it out to where it’s going to make the best financial sense for me and my team.”
Metcalf discussed some of the money practices he’s learned over the years, along with how investing has become one of his biggest focuses aside from Seattle’s playbook.
“I would say I’m just more educated in the realm of investing,” said Metcalf. “With Joe, it’s like he sends me a deck and I have to really read it and educate myself on what I’m investing in. Saving 80 percent net of my taxes, and investing some of that. And the long-term goal of ‘What do I want to see myself doing after football?’ [Joe] sent me a wine investment one day, and that just goes back to one of my passions. I call myself a wine connoisseur, but just him sending me that is like, He knows me, he understands me, he sees me like more than just an athlete. He knows my passions.”
Metcalf points out Seahawks linebacker Bobby Wagner, and former Seattle stars Russell Wilson and Duane Brown as financial mentors as a rookie and how he takes being a leader seriously.
“My first day in the locker room,” said Metcalf. “I met three people – Russell Wilson, Bobby Wagner and Duane Brown. All of them All-Pro’s, I want to be where they’re at. So, when a rookie walks into a locker room, that’s my goal, is they come up to me and start asking questions. Last year was the first that happened to me for the first time with Ken Walker. His locker is right beside mine, so he would ask me financial questions, and he looks at me like a big brother. For me to be able to give him a well-thought-out answer and not just feel like I’m telling him what to do, but educating him at the same time.”
Metcalf is just beginning to truly blossom for Seattle on the field, and it seems like his business acumen could lead to many more surprises in the future.
