Former Bulldog Reveals Why NRL Players Go Broke

Rugby league can make you rich fast, but according to former Bulldogs player Kerrod Holland, it can disappear just as quickly.In this episode of The Account Rant, John sits down with Kerrod Holland to unpack the financial reality behind professional rugby league. They discuss NRL salaries, gambling culture, player managers, tax, financial literacy, contracts, property investing, life after football, and why so many athletes struggle once the game ends.Kerrod shares firsthand stories from inside the NRL system, including how players spend their money, the pressure of supporting family, betting culture inside the sport, and the financial mistakes many young athletes make before they truly understand money.Guest: Kerrod Hollandhttps://tenexwealth.com.au/Instagram: https://www.instagram.com/kerrodholland/LinkedIn: https://au.linkedin.com/in/kerrod-holland-76696b133Need an accountant or just want to chat about your business?GET A FREE CONSULTATION FOR ALL ABN HOLDERS 👉 https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwCHAPTERS0:00 Are NRL players set up for life?0:50 The reality behind NRL contracts and tax1:13 Kerrod’s financial crash after football2:22 Why post career depression happens3:10 Why financial literacy programs fail players3:43 Sending money back home and family pressure4:18 The biggest financial mistakes players make4:50 Gambling culture inside rugby league6:06 Betting companies and the NRL ecosystem7:05 Can NRL players legally bet on games?8:13 What is the average NRL salary?8:43 The truth about player agent fees9:45 Players secretly reaching out for money help10:32 Kerrod’s simple advice for every athleteThe Account Rant is a show where accountants vent on different topics. It is an honest and informal conversation intended for discussion and entertainment only. Views expressed are personal opinions and should not be taken as professional advice. Any examples, numbers, or figures mentioned may be inaccurate or simplified and should not be relied on.Stop guessing with your taxes. Whether you are a sole trader or a company, let’s get your strategy sorted before the ATO sends that scary letter.OUR SERVICES 👉 https://latitudeaccountants.com.au/accounting-services/For any business enquiries, reach out to: [[email protected]](mailto:[email protected])Follow usTikTok: https://www.tiktok.com/@latitudeaccountantsInstagram: https://www.instagram.com/latitudeaccountantsWebsite: https://latitudeaccountants.com.au/Disclaimer: This video is for educational and entertainment purposes only and does not constitute formal financial, business, or tax advice.