Georgia football's Carson Beck reportedly purchases Lamborghini Urus Performante

[mdb-tpet]

He’ll be lucky enough in 15 years to tell his date over dinner that he used to own a lambo and that $300,000 “investment” which would have turned into 1 million with good investing is now just a much smaller $50,000.

And that goes for the rest of us too. We should never spend more than 5% of our net worth on a car, unless you’re just starting out and you have no net worth. Then just buy the least expensive car you can get until you save up a relatively decent savings and can afford a nicer vehicle that stays within that 5 %.

 

[NoNC4Tubs]

He’ll be lucky enough in 15 years to tell his date over dinner that he used to own a lambo and that $300,000 “investment” which would have turned into 1 million with good investing is now just a much smaller $50,000.

And that goes for the rest of us too. We should never spend more than 5% of our net worth on a car, unless you’re just starting out and you have no net worth. Then just buy the least expensive car you can get until you save up a relatively decent savings and can afford a nicer vehicle that stays within that 5 %.

Sounds like he would be a dull date....

 

[AlexanderFan]

NIL money still doesn't match NFL money. The rookie minimum in the NFL is $750k and it goes up from there based on years in the NFL I believe up to like $1million+ or something. So every player in the NFL is making at least $750k in 2024.

You'd have to be good enough to make top tier NIL but not good enough to be an early round draft pick. Not to mention that most of the big money in the NFL is made on your 2nd contract, and if you stay in college an extra year that means you're pushing out the 2nd contract. Plus, its a short career anyway so again hurts net earnings if you spend longer in college.

Some players might stay in college longer because of NIL but really from a financial standpoint it still makes sense to go to the NFL as soon as you can if you're good enough.

Look at it this way: before nil that first contract was essentially payment for a 3-5 year audition in college. Nil has pushed that to millions for high school auditions. There will be someone who wows in high school, gets millions in Nil, and flames out before the NFL, or before the first nfl contract is done.

it is essentially NFL money.

 

[CajunCrimson]

Not the best looking kid, so it might be the only way he can pick up a dawg...I mean chic.

Otis Nixon was married. To Pebbles and Candi Staton. So there is that.

 

[davefrat]

Otis Nixon was married. To Pebbles and Candi Staton. So there is that.

Lots of money can make the most unattractive man quite palatable to many women.

 

[DzynKingRTR]

Lots of money can make the most unattractive man quite palatable to many women.

money is the great equalizer. You can be ugly, short, fat, a complete jerk, but have money and women flock to you.

 

[Bamabuzzard]

money is the great equalizer. You can be ugly, short, fat, a complete jerk, but have money and women flock to you.

Dwight Yoakam and Sharon Stone. Only afterward did Stone say "Dating him was like eating a dirt sandwich".

 

[timmyj3]

I just can't believe that we have lost college football. Make no mistake, it is gone. College based amateur athletics is no more. I see the future of big time football and basketball having nothing more than using a professional team reaching "affiliate" agreements" with schools. More money for everyone, no NCAA, not even Title 9. The team will look like the Crimson Tide, will play at Bryant Denny, all the festivities will be there, but the team will be owned by (nameless billionaire) with a 10 year affiliate deal with the University.

Sound far fetched?

 

[davefrat]

money is the great equalizer. You can be ugly, short, fat, a complete jerk, but have money and women flock to you.

Yup, and exquisite beauty will open almost any door for a woman.

 

[BamaSC]

money is the great equalizer. You can be ugly, short, fat, a complete jerk, but have money and women flock to you.

Don't forget old. Us old guys need hope in case we win the lottery. Of course, Mrs. SC won't let me have a girlfriend, but maybe I could pull that off if I won the lottery.

 

[stlimprov]

So is the point that Beck would be dumb to buy this vehicle because the story itself is an NIL opportunity which he should have leveraged for compensation.

Not blue font. I'm supposed to believe that someone who can manage NIL enough to be able to pay for that vehicle can't also manage NIL enough to not have to pay for that vehicle?

 

[NoNC4Tubs]

Dwight Yoakam and Sharon Stone. Only afterward did Stone say "Dating him was like eating a dirt sandwich".

Julia Roberts and Lyle Lovett come to mind as well...

 

[JDCrimson]

I would like to see the question "What did you do with your NIL money?" added to the Wunderlic Test...

 

[mdb-tpet]

I would like to see the question "What did you do with your NIL money?" added to the Wunderlic Test...

One guy has 1 million dollars and buys a $350,000 car with a $1000 a month insurance policy on that car, another guy has $500,000 and invests all of this money in ETFs averaging 7% interest
1. Which guy after 10 years has more money?
2. Which guy is more likely to need to sleep on your couch in 15 years?

 

[Cruiser]

Julia Roberts and Lyle Lovett come to mind as well...

Well; Lyle does have a great personality and puts on a great show?

 

[dtgreg]

Don't forget old. Us old guys need hope in case we win the lottery. Of course, Mrs. SC won't let me have a girlfriend, but maybe I could pull that off if I won the lottery.

 

[CajunCrimson]

Well; Lyle does have a great personality and puts on a great show?

She was all mouth. He was all hair. It worked.

 

[DzynKingRTR]

She was all mouth. He was all hair. It worked.

I never understood why people always talked about her hawtness. She just doesn't do it for me, never has.

 

[22Musso22]

Pre NIL Cars:

Post NIL Cars:

 

[bamaslammer]

an automobile may be the single worse investment you can make unless it's a full size pickup truck. I could probably sell my 2001 Chevy Silverado for more than I paid for it a decade ago. but aside from that it's like lighting your money on fire.