The former #3 overall pick says he was "blinded" by his heart.
Trent Richardson, the former #3 overall pick, who was recently cut by the Baltimore Ravens, sat down with ESPN's Shelley Smith for an episode of "E:60" in which he revealed that his family and friends blew $1.6 million of his money in a 10-month span.
From January 2015 to October 2015, Richardson says those closest to him took advantage of his bank account and although he isn't broke he has had to make some major cuts in the financial department.
"I finally just looked at my bank statement, and I was just like, ‘Where did this come from? Where did that come from?’” Richardson said. “And my guy was sitting there telling me, ‘Man, we was telling you.’ I know he was telling me, but that’s just like telling a kid to stop running in the hall. They’re going to still do it when you turn your back or you leave. “It’s just one of them moments to where I was just blinded by my heart, by loving everybody and thinking that everyone was for me. I know they love me. I know they do care. But at the time, they took advantage of it.”
Richardson signed a fully guaranteed 4-year $20.5 million deal with the Cleveland Browns when he was drafted in 2012, which is why he can still support his immediate family, although he says he had to stop paying his "personal assistant" brother an annual salary of $100,000.
His former head coach, Nick Saban also opened up about Trent's personality and why it was so easy for others to run through his fortune.
“He’s such a good guy,” Alabama head coach Nick Saban said. “He’s such a good person, and he wants to please everyone. And I think sometimes when guys have that personality, which is a great personality to have, it makes it very difficult to disappoint anyone with the word ‘No.’”