Travis Kelce says he blew all of his rookie contract money: 'I spent it all'

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Travis Kelce is lucky he cashed in with a $57.25 million contract last summer, otherwise he may not have any money left.

The Kansas City Chiefs tight end revealed on Shannon Sharpe’s “Club Shay Shay” podcast that he spent every penny of his rookie contract, which was not a financially sound decision.

“Man, I spent it all,” he said, per TMZ Sports. “I should’ve been on the [ESPN documentary] ‘30: for 30: Broke’ the way I was spending.”

Kelce signed a four-year, $3.1 million deal with a $700,000 signing bonus after the Chiefs drafted him in the third round of the 2013 NFL Draft.

From there, Kelce said he spent his money on shoes and a Rolex.

“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. I knew I wanted ‘em ever since I saw ‘em self-tie themselves on McFly’s feet.”

Kelce said things got so bad he could barely afford to pay his rent, but he had all the materialistic things that he wanted.

“Man, I was walking in this empty apartment with some Marty McFlys on and a Rolex,” he said. “I felt like the coolest guy in the world, man.”

Kelce has been good enough to stick around in the league, though, winning a Super Bowl and becoming a four-time Pro Bowler and two-time All-Pro. It landed him the second-highest contract for a tight end in the NFL, behind 49ers star George Kittle.

In other words, it all worked out for him. But Kelce advises any young players entering the league not to make the same mistakes as he did.

“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,” he said. “Find a financial advisor 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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