Hard Knocks — Carl Nassib Teaches Compound Interest

Athletes are notoriously bad at saving money and making smart financial decisions after coming into their fortunes. Carl Nassib, a defensive lineman with the Cleveland Browns, discusses the power of compound interest with other rookies. His goal is to convince his teammates not to go out and spend $10,000 on a needless purchase because that means they are giving up a lot more money later in life. While 10% may be an unlikely interest rate, the power of compounding interest is one of the key principles in financial literacy programs.

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Young Sheldon — Go for it!

Young Sheldon teaches his family about the statistics behind going for it on 4th down. A lot of football fans believe you just have to punt, but studies by economists like David Romer show that it’s often better to go for it on 4th down than to punt. The famous Pulaski Academy coach who never punts became a bit hit after being interviewed by ESPN. The NY Times even created a Twitter bot that would tweet about whether teams should punt or go for it and the bot tweets during NFL games.

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NY Times — The 1998 NFL Draft: A Look Back at the Epic Ryan Leaf Bust

One of the struggles with hiring workers is evaluating talent, specifically for college athletes considering the NFL. In 1998, Ryan Leaf appeared to be the top college athlete even with some questionable character flaws. The Colts, instead, chose to select Peyton Manning with their first pick of the draft despite some criticism. Manning went on to be one of the winningest QBs in NFL history while Ryan Leaf is considered one of the biggest NFL busts in the history of the league. This clip from the New York Time’s Retro Reporting division revisits that controversial decision.

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