Posted by Sabrina B. @gametimegirl
Like the rest of his NBA brethren, Andy Rautins is going to miss a few paychecks during the lockout.
To offset that, he’s found a way to save some money.
The Knicks guard has stayed in his parents’ home outside of Syracuse during the lockout, sleeping in his childhood bedroom.
“It’s nice to get some home cooked meals up here,†Rautins, a former Syracuse star, said in a phone interview. “It’s nice because it’s a rare opportunity to spend time with family and friends. Normally, you’d been in a busy season by this time. But I’ve been trying to see the positives in [staying home] and there’s a bunch so far. It’s saving me a lot of money right now and I think that’s a big concern for a lot of players.â€
If the lockout extends, Rautins will consider pursuing an internship at his financial adviser’s Manhattan firm to learn about investment advice and financial planning.
“Andy is actively planning for his life after pro sports,†says Mark Doman, Rautins’ financial adviser and the senior vice president of True Capital Management. “A lot of guys say it, but Andy wants to take steps during his career to make sure he is financially secure.â€
With the lockout looming, True Capital Management conducted a cost analysis to determine the financial burden on Rautins if the lockout dragged on for anywhere between three to 12 months.
“Andy wanted a number to wrap his head around, so we provided one,†Doman said.
Rautins opted to stay at home rather than pay for housing in the greater New York area. The only major expense he incurred was paying travel to and from Los Angeles, where he worked with out other players represented by his agent, Bill Duffy. No rent, no bills, no nothin’.
“It’s just the right thing to do. You want to set yourself up for the future,†said Rautins, who has a pending team option on his 2012 contract.
(Story Continues…)
WRITTEN BY Ian Begley & FULL STORY HERE
