US.Not a Luxury Car or a Mansion, What Did the Player Who Just Signed a $94 Million Contract With Chiefs Buy With His First Money?
Trey Smith, a 2021 sixth-round pick, officially signed a record new contract worth $94 million with the Kansas City Chiefs in July 2025, becoming the highest-paid quarterback in the NFL with an average annual salary of up to $23.5 million. In the previous context, Smith only received a base salary of $660,000 for the first year of his four-year rookie contract worth $3.6 million.
Despite receiving a huge raise, the first thing Smith did with the new money was not lavish spending. He revealed to reporter Clark that the first thing he bought was simply a good steak, specifically a ribeye worth about $70. Smith considers himself a frugal person, not liking to spend too much despite having a huge amount of money in hand.
Smith’s simple yet successful life example is an inspiration to appreciate the value of work and maintain balance in life despite having outstanding finances. This steadfastness is the part that creates strength alongside talent on the field, making him a solid pillar for the team and a symbol of humility in the world of professional sports today.
