Chicago Bears WR Sam Hurd just became another in the long list of professional athletes to get arrested for selling drugs. The question now becomes how much was Hurd really making from selling drugs and is that a lot of drugs?
Since we aren’t part of a drug cartel and they don’t sell this stuff at Target we can’t tell you how much drugs really go for. Luckily for us a guy that goes to our gym “knows a guy” and he was able to be our Chris Mortensen on the marijuana side of things. He couldn’t tell us anything about the blow because he’s not a drug dealer. As the movie “Half Baked” taught us, Marjuiana is not a drug. Here’s what we found out:
Good pot goes for about $50 an 8th. Since Hurd was purchasing 1000 pounds per week at $450/pound he was buying an 8th for $3.52. If he was selling it at market value, $50 per 8th, he would be making $5.95 million per week in profit.
Mort told us that you can get 7 joints from an 8th. Hurd lives in Chicago which has a population of roughly 3 million people. That means that there are 896,000 joints floating around the city per week…or about 30% of the population is smoking one. Assuming that Hurd was doing his best to not get caught and was just selling this by the 8th he would have made $309.4 million this year just on the weed. That is correct, $309 MILLION!
To put into perspective how much money that is, Daniel Snyder, the owner of the Washington Redskins, is the 397th richest person in America with a net worth of $1.05 billion (according to Forbes). Since it’s safe to assume that Hurd was not paying taxes on his drug dealings and that he was strictly taking cash he would have made more money in four years than it has taken Daniel Snyder an entire lifetime to amass. I remind you, this is just from selling weed!
Hurd’s three-year contract with the Bears had a maximum value of $5.15 million ($4.15 million base total), and he received a $1.35 million signing bonus. His base pay this season was $685,000. In other words, becoming a drug dealer pays much much better than playing in the NFL…apparently crime does pay.