He could have earned just as much money elsewhere while keeping his health in check if he used his basketball scholarship towards a good degree and worked all this time. Would have saved a ton of money as well because he wouldn't be taking so many drugs. Not sure why he ever even started bodybuilding. With an average weight routine he could probably look like most guys do on a gram of gear or less with his genetics.
That's like saying Shawn Ray would have earned more money with his Sociology degree during his competitive years. I believe Phil has a BA in Business. His 1st management job was the front desk at a fitness club. His Colorado Pro check was 20k, which probably matched that salary. When he is 55 or so, then we can see how the numbers balance out, but bbing has performed better for him than a 9-5 to date.