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March 07, 2016 at 09:45 AM
Denver Broncos quarterback Peyton Manning announced Monday that he was retiring from the NFL. “There’s just something about 18 years. Eighteen is a good number,” Manning said in a Denver press conference. “And today I retire from pro football,” after 18 record-setting years, including winning two Super Bowls, most recently last month in Super Bowl 50.
Manning has husbanded his football salaries throughout his career. Forbes estimates his 2015 compensation was $27 million (including $12 million in endorsements) making him the 32nd highest-paid athlete on Forbes’ list last year. MoneyNation says Manning has a net worth of $191 million.
Beyond his athletic exploits, Manning is a poised speaker who found a welcoming audience at Pershing’s 2013 InSite conference when he spoke about decision-making.
We reported then that Manning said “you can be a warrior or a worrier,” and that a leader should make decisions “without flip flopping or vacillation.” Manning argued that while a “team plays better when a leader doesn’t hesitate” in his decision-making, “to get to that level requires an enormous amount of preparation,” which is why he said, he feels comfortable making audible calls at the line of scrimmage.
He told the InSite audience that at any given moment, “there is no one correct decision,” and that you must always make decisions knowing it may not be the right one. However, he said, you “can’t build decisions based on hope.” Finally, referencing his four neck surgeries, the last of which forced him out of the NFL for a year, he said that “resilience is the reward for preparation.”
Perhaps it’s not surprising that Investment Advisor columnist and ThinkAdvisor blogger Angie Herbers has written two thoughtful pieces on Manning’s leadership lessons for advisors, since she is a big football fan (starting with K State).
In a 2014 column, Herbers recalled watching an NFL pregame show in which the panel of pundits was asked who they would rather have quarterback their team: Manning or Tom Brady of the New England Patriots.
