Canada’s De Grasse might be rich, but he’s carefully budgeting for future
EDMONTON — Andre De Grasse might be a wealthy young man, but he’s not flashing diamond watches or living in a posh penthouse apartment.
The 21-year-old from Markham, Ont., turned pro this season and signed a jaw-dropping US$11.25-million deal with Puma in December. As an athlete’s first pro contract coming out of college, it was the richest in track and field history.
With bonuses, De Grasse’s multi-year Puma deal could be worth as much as US$30 million.
But Canada’s young sprint star, who says his meteoric rise up the global sprinting ranks has been a “whirlwind,” is keeping a level head and thinking long-term. He knows he’s one catastrophic injury — knock on wood — from being unemployed.