Sad People
Registered User
- Jun 4, 2021
- 4,324
- 2,021
Shows he took his NFL paychecks very seriously.He also showed up to press conferences so he didn’t get fined
Man i miss Marshawn. Such a great personality to have in the NFL.
Shows he took his NFL paychecks very seriously.He also showed up to press conferences so he didn’t get fined
1 year of pay on a 4 year contract. The difference is that most people not playing professional sports can expect to be earning a consistent (and increasing) salary over their entire working career (40+ years) until they retire. The average career of an NFLer is something like 3-5 years.
Look at a player like Gronk. He didn't spend a nickel of his NFL salary during his playing days. He invested it all smartly and lived off only his endorsement deals...that way he knew that when his playing days were over, there was a large pot of money waiting for him that had been compounding interest for years.
Gronk's strategy was unique, for sure. But it would be smarter for Addison to think that the ~$24 million contract he signed needs to last him for around 60 years, and live accordingly (conservatively about $400k/year + endorsements). If he is able to sign a next contract, he can adjust....and so on. That's what I would do, anyways.
On a 4 year contract. He's only guaranteed this over the next 4 years. When you consider a lifetime, it's a HUGE drop in the bucket. What about the next 40 years of his life? If he gets injured or ends up being a bust and doesn't sign another deal, buying that Lambo looks pretty silly, to put it mildly. He should be saving/investing his money for when his playing days are over, not blowing it on things like Lamborghinis....but, hey, its a free country.It's 1/10 of 1 year of pay (~$350k), not 1/4 of his total contract. The car cost his less that 3% of his total contract. Even cutting his take home in half due to taxes, fees, job related expenses it's not a big drop in the bucket. He might never play a NFL game, but he has a guaranteed contact that will pay him regardless.
It's not like he made the financial decision as a teenager to take out huge college loans to get a degree only to end up working at Starbucks.
On a 4 year contract. He's only guaranteed this over the next 4 years. When you consider a lifetime, it's a HUGE drop in the bucket. What about the next 40 years of his life? If he gets injured or ends up being a bust and doesn't sign another deal, buying that Lambo looks pretty silly, to put it mildly. He should be saving/investing his money for when his playing days are over, not blowing it on things like Lamborghinis....but, hey, its a free country.
Buying $350k cars and things like fancy jewelry is exactly why we see so many former pro athletes ending up penniless later in life. Too bad he doesn't have someone close to him giving him good advice.
...and don't get me started on the stupidity of taking out student loans that you can't afford to pay back.
He'll earn more in one of those 4 years than most people will in 40 years. If he goes broke in a few years, he goes broke. If he has a competent financial advisor (there are some really bad/shady ones) he should be set for life.
I just can't get worked up over someone buying something they can afford (without current hardship). I'd be mad if he was an E-3 going to one of the buy here/pay here car dealerships a half mile from base, and taking out a 27% loan on a car way out of their price range.
I'm also redneck enough that if I had that kind of money I'd have a shrekmobile and giant skeleton with a lightsaber fighting off giant dinosaurs in my front yard. So there is that.
A competent financial adviser wouldn't tell him its ok to buy a $350k car, especially on his rookie contract. But, yeah, I'm not getting worked up over it either.
Just shaking my head because these are the kinds of things that lead to financial ruin for pro athletes. My guess is that this isn't his only splurge. I would bet just about anything that he's blowing through his money faster than a drunk sailor on a weekend pass in Subic Bay. But like I said previously, its a free country and people are allowed to spend their money on what they want.
Ex-Minnesota football players, staffers allege toxic culture under coach P.J. Fleck within program
Former players are speaking out against the program, comparing the manner in which Fleck runs his team to a 'cult'www.cbssports.com
Ooooh. I'm not sure about this. I understand both side of this coin.I don't take reports from anonymous former players seriously. If someone wants to allege misconduct, they should be brave enough to put their name behind it.
Ooooh. I'm not sure about this. I understand both side of this coin.
Yeah, having someone put their name behind allegations would certainly limit false or made up allegations, which is good.
On the other hand, people are f***ing crazy these days. You make the fantasy world in their head go upside down and you'll get death threats and harassment - something no victim should have to go through.
I mean, we COULD work on the mental health in this country to try to prevent the latter but...these people or entities loves fanatics.
A subsequent investigation by Husch Blackwell, a well-known independent firm, was spurred by the concerns raised in that memorandum. The investigation largely exonerated those accused of improper conduct while crediting Minnesota's athletic training staff for best practices.
I don’t think you understand how hard it is to go against an entrenched coaching staff, if not the Athletic department, which is backed by the school. I wasn’t around for the hoops scandal at the U, but I’ll bet you it started out with anonymous allegations and rumors. People willing to expose themselves to the ire, and considerable financial and legal might of large organizations, are few and far between. Kyle Beach and Theoren Fluery were either silent, or anonymous, for years before putting their name to allegations. Do we really want a world that makes it easy for abusive behavior exist? It’s a thankless task to be a whistleblower… hence the whistleblower laws, which guarantee anonymity.I don't take reports from anonymous former players seriously. If someone wants to allege misconduct, they should be brave enough to put their name behind it.
I don’t think you understand how hard it is to go against an entrenched coaching staff, if not the Athletic department, which is backed by the school. I wasn’t around for the hoops scandal at the U, but I’ll bet you it started out with anonymous allegations and rumors. People willing to expose themselves to the ire, and considerable financial and legal might of large organizations, are few and far between. Kyle Beach and Theoren Fluery were either silent, or anonymous, for years before putting their name to allegations. Do we really want a world that makes it easy for abusive behavior exist? It’s a thankless task to be a whistleblower… hence the whistleblower laws, which guarantee anonymity.
I’m not saying that the allegations are true, but they should not be ignored because the person(s) making them refuses to be identified. If abusive behavior is going on it needs to be rooted out, and dealt with.
I agree with just about everything you just said, but again, would add that abuse thrives in places where it is one person against a system. Who would’ve thought that Nassar could abuse hundreds of athletes at such an eminent institution as U of MI, including Olympic athletes? It’s all made possible by an atmosphere of fear, loneliness, and secrecy, where an individual feels powerless because all of the forces that are lined up against them.Not saying that they should be ignored....and I'm not saying that the students need to be publicly identified. If they are willing to meet privately with schools and investigators and provide evidence of misconduct, that is fine with me.
But if its just some anonymous former player talking to a reporter on background, I just can't put a ton of stock into it unless they can provide evidence to back up their allegations.
Like I said in my previous posts, Fleck's program was already investigated when previous allegations were made and was exonerated. That doesn't mean these allegations aren't true, but history shows that we should be skeptical of claims that aren't backed with solid evidence. If some evidence is delivered that proves the allegations, that obviously changes things.
I don’t like the wording “largely exonerated” from that bit. Makes it sound like there was someone doing something wrong, but the vast majority of staffers were doing the right thing.If someone won't put their name behind the allegations, how do we know if there is any truth to it or just a former player with an axe to grind?
It should also be pointed out that the last time former players alleged misconduct, an investigation concluded there was no merit to them.
I'm not trying to suggest that these allegations can't be true. The recent Northwestern scandal leaves open that possibility. But I need to see more than just anonymous former players airing their grievances before I put any stock into them.
And they get swept by last place Royals. First 3 game winning streak of the season for the Royals. This team is going nowhere and now have lost 5 in a row
Sounds like Ivan Pace Jr will be one of the starting LBs for us this year. Not bad for a UDFA.
Impressive stuff. IIRC i think he was calling plays for the defense too during the Seattle preseason game.Different positions, but seems cut from the mold of John Randle. Undersized with a monster motor.