21-year-old drafted into MLB with $5mil bonus. But what he does with money—’you can’t do that’

December 28, 2017 10:35 am Last Updated: December 28, 2017 4:22 pm

Professional sports is rife with pitfalls and temptations. After a lifetime of living modestly, talented young athletes are handed large sums of money and expected to use it responsibly.

Suddenly with the resources to put any whim into action, many young, promising, professional athletes find themselves getting into trouble.

With no guidance as to how best to direct their new wealth, that shouldn’t come as a surprise.

But for every person who spends freely and without regard to their future prospects, there is one Pavin Smith. After coming in to a massive amount of money earlier this year, he put it to good use around the holidays.

Pavin Smith was selected by the Arizona Diamondbacks in the Major League Baseball draft in June of 2017. He was awarded a signing bonus worth $5,016,300.

Smith’s signing bonus is an impressive one, even by the standards set by professional sports. How he receives that money is negotiated by his agent, but it is fully guaranteed.

He is entitled to the entire sum the minute he signs his contract, regardless of whether he ever plays a game. But beyond that, he may never earn any significant amount of money in professional baseball again.

For the next three or four years, Smith figures to make the equivalent of $30,000 per year. It’s entirely possible that his sizable bonus will be the biggest payday of his life.

That’s why he wanted to do something meaningful with his money while he had the chance. In the spirit of the holiday, Smith gave his parent’s a gift that they will never be able to forget.

“Thank you for everything you have done for me! This doesn’t make up for any of it,” Smith wrote in a note that accompanied his generous gift.

(Twitter/Pavin Smith)

Smith’s father and sister crowded behind his mother as she read the note aloud. Smith recorded the emotional reveal on his phone and posted it to his Twitter account on Christmas Day.

“Thank you for raising me in a great home filled with love. Because of all the sacrifices you made to get me where I am, I want our family home to be yours,” his mother reads aloud.

Their son, whom they taxied to school and little league for the better half of 21 years, paid off the mortgage on their home. His little sister rushes over to hug him as his mother and father begin to cry.

His mother’s voice trembles as she reads the note. She weeps with joy when she learns her son paid off the mortgage on her home.

(Twitter/Pavin Smith)

Smith is getting more attention for his act of kindness than he ever has as a baseball player. His tweet has been liked over 18,000 times, and retweeted over 4,000 times.

As the expression goes, “charity begins at home.” Pavin Smith has interpreted this proverb literally, by giving his family the gift of owning their home.

Parents spend years raising their kids, all the while knowing that one day, their kids will take care of them. What a proud day for Pavin Smith’s parents to have a son take care of them in such a tangible way.