You must live a very privileged life. $350k a year for three years is financial freedom.Neither of those amounts offers financial freedom. You go to the school that offers the most development opportunity.
You must live a very privileged life. $350k a year for three years is financial freedom.Neither of those amounts offers financial freedom. You go to the school that offers the most development opportunity.
He will command a lot more than $350-550k as a top 4 receiver in the classNeither of those amounts offers financial freedom. You go to the school that offers the most development opportunity.
No not really in the context of not having to pursue a career or support a family after college.You must live a very privileged life. $350k a year for three years is financial freedom.
Not if your agent and parents are digging into it...You must live a very privileged life. $350k a year for three years is financial freedom.
That much money realistically can't fund a middle-class lifestyle in perpetuity. But managed properly, receiving that much money that young could provide a financial springboard that affects decades.Not if your agent and parents are digging into it...![]()
TBF, it is life-changing money (very short-term) if you have nothing...That much money realistically can't fund a middle-class lifestyle in perpetuity. But managed properly, receiving that much money that young could provide a financial springboard that affects decades.
But taxes, agent's fees, parents, childhood "friends," handlers, mothers of children, tricked-out muscle cars, etc., can reduce it to nothing faster than you can blink an eye.
Virtually no 18-year-old could manage a million-dollar windfall. The real problem is that few to none of these guys have parents who can manage it. Many of the parents have not even met anyone who could.
Even the guys who make it to the NFL for 5+ years often fritter it away. Bankruptcy among retired professional athletes isn't uncommon at all. Sadly, there are far more Alan Iversons than Julio Joneses.
I understand making the Megatron analogy , but really that’s a unique case. I remember tuning in to GT games circa 2005 just watch Johnson, and for no other reason. The NFL was always going to find him. I don’t know if any other receiver was/is that physically gifted. Maybe Julio, but injuries.Calvin Johnson enters the chat.
A bird in the hand beats two in the bush, especially if that hand has a blown knee or consecutive concussion issues.
There’s no easy answer
That’s where Nick shined brightest IMO. He always stressed personal and financial education to his players . And it shows. Sure , there are some that have faltered, we know them, and I won’t name them here, but then there are the Julio’s, the Devonta Smith’s that are set for life, a very comfortable lThat much money realistically can't fund a middle-class lifestyle in perpetuity. But managed properly, receiving that much money that young could provide a financial springboard that affects decades.
But taxes, agent's fees, parents, childhood "friends," handlers, mothers of children, tricked-out muscle cars, etc., can reduce it to nothing faster than you can blink an eye.
Virtually no 18-year-old could manage a million-dollar windfall. The real problem is that few to none of these guys have parents who can manage it. Many of the parents have not even met anyone who could.
Even the guys who make it to the NFL for 5+ years often fritter it away. Bankruptcy among retired professional athletes isn't uncommon at all. Sadly, there are far more Alan Iversons than Julio Joneses.