Using a holistic perspective on athlete talent development, this study examines the impact of role strain on the life satisfaction in various life domains of junior elite Australian Rules Football players. One hundred and twelve talent-identified male Australian Rules Football players (Mage = 16.8; SD = .71) completed measures of role strain and multidimensional life satisfaction. The results indicated that role strain explained twelve to twenty-four percent of the variance in life satisfaction in the players’ life domains. Experiences of role strain related to the players’ dual careers were associated with decreased life satisfaction in sport, friendships, family, yourself, and global life satisfaction domains. Situations in which the players perceived that their abilities were underutilized were also negatively associated with life satisfaction across various life domains. This study thus evidences the importance of a domain specific, holistic approach to investigate the life satisfaction in junior athletes’ dual careers.