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Stamkos and Hedman announce plans to open Stedman’s Bar and Grill in Channelside Plaza.

With their contracts firmly in place, and both set to earn many millions of dollars over the coming years, Steven Stamkos and Victor Hedman have decided to go into business together. The duo have announced plans to open Stedman’s Bar and Grill in the Channelside Plaza.

Many athletes that sign big contracts seek to flex their financial muscles and go into business. It continues the flow of income into their bank accounts and can also provide a source of on-going income after they retire. For example, former NFLer Peyton Manning owns a number of Papa Johns pizza franchises.