Tug McGraw: Percent of Wasted Salary
on Monday, January 3, 2011Tug McGraw Funny Money Quote saying that he spent most of his money on things he valued above traditional investments which he considers more pointless. Tug McGraw said:
“Ninety percent of my salary I spent on booze and women … and the other ten percent I wasted” — Tug McGraw
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Tug McGraw seems to be making a humorous acknowledgement of his freewheeling lifestyle during his baseball career. The quote suggests he spent the vast majority (“ninety percent”) of his salary indulging in alcohol (“booze”) and romantic encounters (“women”).
However, McGraw then jokes that even the remaining ten percent portion was effectively “wasted” as well, implying he didn’t allocate or save his earnings very prudently. In essence, McGraw is comically owning up to prioritizing fun and pleasure over financial responsibility with his salary, to the point that even the portion not spent on partying was essentially squandered too through lack of planning or restraint.
The message conveys McGraw embraced fully living in the moment and enjoying rockstar perks of being a professional athlete, rather than more conventional priorities around saving or investment. It’s a self-deprecatingly humorous perspective on prioritizing enjoyment over prudent money management with one’s career earnings.
Birthday: August 30, 1944 – Death: January 5, 2004