logo
Kevin Jonas Lost Almost All His Money After Jonas Brothers Split

Kevin Jonas Lost Almost All His Money After Jonas Brothers Split

Buzz Feed09-07-2025
As many millennials and elder-Gen Zs can attest, the Jonas Brothers were a biiiiig deal in the 2000s and 2010s.
Joe, Nick, and Kevin Jonas made it big in the mid-2000s with songs like 'Year 3000' and 'S.O.S,' before landing multiple projects with Disney, including the iconic Disney Channel original movie, Camp Rock. By 2012, they had hit tours and albums, a Grammy nomination, two movies, their own Disney Channel show, and a Rolling Stone cover, making them three of the most famous young stars in the world.
But, as is sadly the case with many great boy bands, the group eventually made the decision to take some time apart. And so, in 2013, the Jonas Brothers announced that they were going their separate ways — 'for now.'
During the band's hiatus, both Nick and Joe carved out their own paths in the music industry, while their older brother, Kevin — who by this point was already married to Danielle Jonas — grew his family and focused more on business endeavors.
Now, appearing with Nick and Joe on Monday's episode of Lewis Howes's School of Greatness podcast, Kevin said that he lost 'almost all' of his money in the years after the Jonas Brothers split.
'I've seen it both ways. I've seen the beginning of the success to financial success — not knowing what money really was and understanding it — to not having [it], to losing almost all of it,' Kevin told Lewis after being asked about his biggest learnings in 'money, success, and fame.'
The host was immediately surprised and asked if he really lost almost all of his wealth, prompting Kevin to double down. 'Yeah, most of it, like, down to the one 10 percent left,' he said, before providing some more context.
'[It was] about nine years ago,' Kevin continued. 'I invested in a bunch of property and doing other things and I was building at the time. Sadly, it wasn't the right partnership, if you know what I'm saying.' The oldest Jo Bro then stopped himself from divulging further details, admitting he 'can't really get too much into it,' although he did say he 'learned a lot of lessons' from the experience.
Kevin didn't explicitly suggest that the band's split impacted his financial situation, though he did say things improved once the group got back together in 2019. 'Thankfully for life in general, like we had a second shot and bite at the apple with the band coming back together,' he said.
'It was kind of fortuitous in a way,' Kevin continued. 'I learned this lesson — never wanted to learn it, but I did — but then, at the same time, reevaluated how to approach life from that perspective and looking to the future.'
Well, sometimes you gotta learn things the hard way! You can find the Jonas Brothers' full interview on The School of Greatness podcast here.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NFL to take 10% stake in ESPN in new media rights deal
NFL to take 10% stake in ESPN in new media rights deal

CNN

time28 minutes ago

  • CNN

NFL to take 10% stake in ESPN in new media rights deal

Football MediaFacebookTweetLink Follow The NFL and ESPN announced a deal Tuesday that will see the league's NFL Network and other media assets headed to the cable television giant in exchange for a 10% equity stake in the Disney-owned company. The non-binding agreement will give ownership and control of the NFL Network to ESPN, while ESPN will also license additional NFL games, NFL RedZone and NFL Films programming from the league. The two sides will also merge their fantasy football operations. 'Today's announcement paves the way for the world's leading sports media brand and America's most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can,' Robert A. Iger, chief executive officer of The Walt Disney Company said in a statement. 'Since its launch in 2003, NFL Network has provided millions of fans unprecedented access to the sport they love,' NFL Commissioner Roger Goodell said in a statement. 'The Network's sale to ESPN will build on this remarkable legacy, providing more NFL football for more fans in new and innovative ways.' The deal would license broad rights to the RedZone brand and linear distribution of the RedZone Channel to ESPN. ESPN's platforms will gain rights to an additional three NFL games per season, while some games previously licensed to ESPN will air on NFL Network, which will continue to broadcast seven games per season. 'This is an exciting day for sports fans,' Jimmy Pitaro, chairman of ESPN, said in a statement. 'By combining these NFL media assets with ESPN's reach and innovation, we're creating a premier destination for football fans,' said Jimmy Pitaro, chairman of ESPN. 'This deal helps fuel ESPN's digital future, laying the foundation for an even more robust offering as we prepare to launch our new direct-to-consumer service.' The NFL will continue to own and operate properties such as NFL Films, the official NFL team websites and more. The league will retain digital distribution rights to NFL RedZone, which it will continue to own and operate. The transactions are subject to further negotiation and approvals, including by the NFL team owners.

NFL to take 10% stake in ESPN in new media rights deal
NFL to take 10% stake in ESPN in new media rights deal

CNN

timean hour ago

  • CNN

NFL to take 10% stake in ESPN in new media rights deal

Football MediaFacebookTweetLink Follow The NFL and ESPN announced a deal Tuesday that will see the league's NFL Network and other media assets headed to the cable television giant in exchange for a 10% equity stake in the Disney-owned company. The non-binding agreement will give ownership and control of the NFL Network to ESPN, while ESPN will also license additional NFL games, NFL RedZone and NFL Films programming from the league. The two sides will also merge their fantasy football operations. 'Today's announcement paves the way for the world's leading sports media brand and America's most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can,' Robert A. Iger, chief executive officer of The Walt Disney Company said in a statement. 'Since its launch in 2003, NFL Network has provided millions of fans unprecedented access to the sport they love,' NFL Commissioner Roger Goodell said in a statement. 'The Network's sale to ESPN will build on this remarkable legacy, providing more NFL football for more fans in new and innovative ways.' The deal would license broad rights to the RedZone brand and linear distribution of the RedZone Channel to ESPN. ESPN's platforms will gain rights to an additional three NFL games per season, while some games previously licensed to ESPN will air on NFL Network, which will continue to broadcast seven games per season. 'This is an exciting day for sports fans,' Jimmy Pitaro, chairman of ESPN, said in a statement. 'By combining these NFL media assets with ESPN's reach and innovation, we're creating a premier destination for football fans,' said Jimmy Pitaro, chairman of ESPN. 'This deal helps fuel ESPN's digital future, laying the foundation for an even more robust offering as we prepare to launch our new direct-to-consumer service.' The NFL will continue to own and operate properties such as NFL Films, the official NFL team websites and more. The league will retain digital distribution rights to NFL RedZone, which it will continue to own and operate. The transactions are subject to further negotiation and approvals, including by the NFL team owners.

ESPN, NFL Deal Makes Football League Part Owner of Disney Sports Giant
ESPN, NFL Deal Makes Football League Part Owner of Disney Sports Giant

Yahoo

timean hour ago

  • Yahoo

ESPN, NFL Deal Makes Football League Part Owner of Disney Sports Giant

ESPN and the NFL are helping to rewrite the playbook for keeping sports-media sustainable. In an unorthodox maneuver, the league will take a minority stake in the giant Disney sports outlet, which will gain control over NFL Network and the NFL RedZone highlights service, in addition to three pro-football games that were being shown via the NFL's own cable assets. The tie-up is likely to boost the appeal of a new direct-to-consumer streaming service ESPN plans to unveil in the weeks leading up to the next NFL season — a service that would be turbo-charged over time if it included RedZone and more football. More from Variety 'Disney Adults Hate Disney Adults, Too': AJ Wolfe Talks About Her New Book on Mouse House's Obsessive Fandom Labubu Who? Disney Capitalizes on Bag Charm Craze With Their Own Japanese Plush Toys UFC Fight Night: Taira vs. Park Livestream - Here's How to Watch the MMA Event Online Live for Free 'They have to come out of the gate for that launch with some big bang, and clearly, this is it,' says Daniel Cohen, executive vice president of media rights advisory at Octagon, a talent and sports advisory firm that is part of Interpublic Group. The arrangement will give Disney more heft at the negotiating table with distributors and new firepower in its effort to outmaneuver streaming rivals. The pact is the most recent example of sports entities and media companies combining business. Fox recently took a 33% stake in Penske Entertainment, which owns the IndyCar motor racing series as well as Indianapolis Motor Speedway. Fox also owns part of the nascent United Football League. ESPN in June took a stake in the Premier Lacrosse League, in addition to striking a new five-year rights deal with the organization. Warner Bros. Discovery is a part owner of the upstart women's basketball league Unrivaled. The deal with Disney will give the NFL a 10% stake in ESPN, which estimates from Octagon value at as much as $2.2 billion to $2.5 billion. 'Today's announcement paves the way for the world's leading sports media brand and America's most popular sport to deliver an even more compelling experience for NFL fans, in a way that only ESPN and Disney can,' said Robert A. Iger, Walt Disney's CEO, in a statement. 'Commissioner Goodell and the NFL have built outstanding media assets, and these transactions will add to consumer choice, provide viewers with even greater convenience and quality, and expand the breadth and value proposition of Disney's streaming ecosystem.' Such alliances may throw a few flags on the field. ESPN could come under new scrutiny from sports organizations ranging from the NCAA to UFC, all of whom will no doubt analyze their own agreements with the network to determine if they are getting terms more favorable or less than the league that now co-owns the media property. And ESPN may be forced into more difficult situations when its journalists seek to report on hot-button issues tied to the NFL, such as the effects of game play on the brains of its athletes; the league's growing sway over traditional media companies; or off-field behavior by prominent players. In 2003, for example, ESPN and the NFL were at odds with one another over 'Playmakers,' an original ESPN drama series that showed football players coping with personal problems, injuries, drugs and more. The show got high ratings, but was scrapped under pressure from the league. If other leagues take issue with ESPN's new embrace of the NFL, they aren't saying so out loud. Major League Baseball and the National Hockey League declined to comment on any ramifications of the NFL taking a stake in ESPN. And within the NBA, however, there is a belief that the agreement will make ESPN stronger, according to a person familiar with the matter and are 'comfortable' with the new alliance. The NBA declined to make executives available for comment. These new types of team-ups make increasing sense in an era when sports rights have become critical for media companies that want to attract broad audiences — something advertisers and distributors still crave, even as consumers migrate to watching video favorites on demand, at times of their own choosing. At the same time, the price tag for keeping sports in the portfolio is soaring exponentially, even as many traditional media companies are grappling with dips in advertising and distribution. NFL games are, at least so far in the streaming era, the most stable pieces of property a media company can get. The broadcasts are typically the most-watched of the last few years. Adding distribution of NFL Network and the RedZone service makes ESPN 'the lion in the jungle,' says Cohen, and better monetizes the rights fees for Disney. And yet, the economics of the cable networks showing the games aren't so robust. Thanks to the widespread adoption of streaming, the ESPN and ESPN2 cable networks are each projected to see their subscribers drop to 57.9 million and 57.8 million respectively by the end of 2026, according to data from Kagan, a research unit of S&P Global Market Intelligence, compared with 61.4 million each at the end of 2025. The NFL Network, meanwhile, has seen its subscriber base drop steadily, according to Kagan. To 46.7 million in 2024, compared with 72.3 million in 2023. The alliance may also serve Disney well in the not-too-distant future. In its last set of rights deals struck for a 11-year period starting with the 2022 season, the NFL won the right to overhaul its contracts and seek better terms after 2029. Owning a piece of ESPN is likely to keep the league from seeking a re-do of rights for 'Monday Night Football.' 'This ensures some longer-term stability in the relationship between ESPN and the NFL beyond 2029,' says Cohen. For its part, the NFL would have a piece of Disney's future. Bob Iger, the CEO of the company has increasingly articulated a path that hinges heavily on reaching digital viewers. Under terms of the deal, ESPN will merge its fantasy football properties with those from the league. The NFL will continue to The NFL will continue to operate properties such as NFL Films and the NFL+ subscription streaming outlet, as well as official sites for the league's 32 clubs. The NFL retains the rights to distribute NFL RedZone digitally. Disney and the NFL may need time to maneuver the deal into the end zone. Regulatory review could take a year, suggests Cohen, and the NFL Players Association may have concerns tied to whether the pact would affect revenue from media rights that is shared with players. But if the pact is completed, Cohen says, it could represent 'an increasingly relevant blueprint for other leagues to look at.' Best of Variety New Movies Out Now in Theaters: What to See This Week What's Coming to Disney+ in August 2025 What's Coming to Netflix in August 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store