Seahawks quarterback Russell Wilson gives linemen Amazon stock that could be worth a bundle

0
43

Getty Images
Seattle Seahawks quarterback Russell Wilson with the Vince Lombardi championship trophy at MetLife Stadium

Seattle Seahawks quarterback Russell Wilson became the highest-paid player in the National Football League earlier this month. Now, he’s spreading the wealth to the players assigned with protecting him.

    Factor the Amazon effect into your stock-picking homework: Cramer

    Wilson’s gift could be a lucrative one for his linemen if Amazon keeps its sharp returns going. Over the past 10 years, Amazon shares have posted a return of about 2,200%, according to FactSet. If that same performance is replicated over the next decade, each of the linesmen’s Amazon stake would be worth north of $270,000. To be sure, past performance does not indicate future returns and should never be the sole reason for making an investment.

    The news comes less than a week after Wilson signed a four-year deal with the Seahawks worth $140 million. The contract makes him the highest-paid player in the league on an annual basis.

    Subscribe to CNBC on YouTube.

    Source link

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here