Tony Hawk's Legendary Money Move: Saying No to $500,000 and Winning Big

Tony Hawk

Photo by Timothy J

In the world of skateboarding, few names shine as brightly as Tony Hawk’s. This legend, known for landing the impossible tricks and revolutionizing the skate scene, recently spilled the tea on a financial decision that left us all wondering about the wild world of royalties and second guesses. Picture this: it’s 1999, and a video game based on Hawk’s iconic skate moves is about to drop. Activision pitched him a one-time buyout of $500,000 for the rights to use his name and likeness. Hawk, however, squashed that like an ugly cockroach beneath his skateboard.

At a recent tech conference in Stockholm, Hawk reflected on his audacity to turn down potentially life-changing money. On one hand, who wouldn’t want a fat check? On the other, Hawk had a family and a mortgage to consider. He looked at that half-million and thought, “You know what? I can roll the dice here”. Turns out, he had enough confidence in his skin, both in life and in skateboarding, to think he could score bigger.

Instead of cashing that check, Hawk negotiated a deal that allowed him a cut of every game sold. Spoiler alert: that was the best call he could have made. Pop quiz: how much has the Pro Skater franchise made since its debut? A jaw-dropping $1.4 billion. Yes, you read that right.

Hawk knows that saying no to that initial offer set him up for success. Post-rejection, his name became synonymous with skateboarding and the gaming world, and he didn’t just stop there, either. Hawk’s devotion to skating turned him into a living legend; he invented mind-boggling tricks like the 720 and the infamous 900.

But let’s get real: it’s more than just a plush bank account for Hawk. It’s like he flipped the script on Hollywood’s obsession with instant gratification, and that’s a lesson we all could use in our social media-ridden lives. Instead of cashing in for the quick dollars, he gave himself a chance to grow and evolve. It’s a reminder that choosing long-term vision over short-term cash can lead you down the path of legendary status. Plus, we can all take a skate lesson or two from Tony, we can’t all roll like him, but we sure can learn the art of patience and strategy.

So here’s to you, Tony Hawk, for schooling us on both skateboarding and savvy financial decisions that just might put our supposed ‘millennial dilemmas’ into perspective. Fair warning: the next time anyone tosses a huge offer your way, maybe channel your inner Hawk and think twice before taking the bait.

AUTHOR: mpp

SOURCE: NBC Bay Area