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View Full Version : Weaver Made Financial Decision...........


CloakNNNdagger
04-02-2008, 09:46 PM
...................Will the Texans make one concerning him. This is a piece quoting Weaver. The article (http://www.pressboxonline.com/story.cfm?id=3460) relates how stories like Weaver effect players, teams and, just as importantly, the fan base. Oh, for the good old days when you could count on and get excited seeing those same old "boring" faces every year:

Former Ravens second-round draft pick and current Houston Texans defensive end Anthony Weaver played in Baltimore for the first four seasons of his career (2002-05) before signing with the Texans as an unrestricted free agent.

Weaver points out that any given player's rationale for switching clubs is based on one basic human need.

"Anybody can relate to the fact that as a businessman, you're trying to take care of your family," Weaver said. "Regardless of where your emotions may lie, you have to do what's best for your family, but in the case of the NFL, [changing teams] happens way too often."

It provides little solace to the paying customer that a majority of the roughly 600-700 free agent transactions that occur each offseason actually involve a player returning to his old team.

As of Sunday night, 221 of 397 signed contracts in the 2008 signing period that concludes in late July followed this scenario, working out to a rate of just under 56 percent.

In fact, after testing the market to look for the highest offer they can, free agents in all classifications (unrestricted, restricted, exclusive rights, franchise, transition, right of first refusal) have returned to their former clubs at a 55-59 percent clip in each of the last six offseasons......................

................"I wanted to be that guy who played in one city for his entire career," Weaver said. "But in this day and age, it's just too tough to do."

GP
04-02-2008, 11:16 PM
I guess he's entitled to his opinion pertaining to how he handles his business.

But if a guy is openly saying those things to the media...his head is not on the business of PLAYING for this team. IMO, it's on FISHING for a team that will bump his pay. It's like a person who leaves a great job because someone wants to pay him 50-cents more an hour...you left a good job for a minimal increase. Job hop all you want, but at some point...dance with the one who brung ya'. When you change jobs a lot, you get the rep as a guy who is just using you to get to the next job. Maybe this wasn't Weaver's motive for saying this stuff, but it makes you wonder.

The day Weaver is on a Pro Bowl roster and is leading the league in a statistical category is the day I think he ought to be talking like this. Amobi had only nine less tackles than Weaver, but Amobi had 5.5 sacks to Weavers 0.0. I don't know how the stats break down in terms of how many plays Weaver saw vs. Amobi...but a rookie DT had almost as many tackles as a DE, and the rookie DT had 5.5 more sacks than Weaver.

But if another team wants to pay him, and he can get it, then OK.

I really like Cochran. Heck, I also liked Thomas Johnson and wish we'd had retained him. I think both of those players are as good as Weaver. Just my opinion.

BTW, it really irks me when players from a Super Bowl team are gone in 1 second after they win the title: They jump ship and go "get paid" on some lousy team. Is that really good? I'd take more rings anyday. Reggie White might be the only guy I can think of who left a good team, went to a marginally-talented team, and then went on to do well. Seems like most times the player leaves a good job for the extra $$$...but it doesn't translate into more success. Gets the guy richer, but not any more success--Sapp, Moss, and any other player who left their team to get a payday with Al Davis.

Then again, you have to look out for yourself. It's a fine line to me. And I guess we're the ones watching, they're the ones doing, and so that's all there is it to it.

Polo
04-02-2008, 11:19 PM
I don't think you're taking his words into the proper context. JMO.

Wolf
04-02-2008, 11:25 PM
wow, I just looked at his stats,

2 years here 1 sack only
after getting 14.5 sacks in 4 years in Baltimore

he is averaging about the same am't of tackles, just not getting to the QB

http://sports.espn.go.com/nfl/players/stats?playerId=3580

I am not saying Weaver isn't playing hard, but our coaching staff needs to find a way for him to be active

infantrycak
04-02-2008, 11:32 PM
But if a guy is openly saying those things to the media...his head is not on the business of PLAYING for this team. IMO, it's on FISHING for a team that will bump his pay. It's like a person who leaves a great job because someone wants to pay him 50-cents more an hour...you left a good job for a minimal increase. Job hop all you want, but at some point...dance with the one who brung ya'. When you change jobs a lot, you get the rep as a guy who is just using you to get to the next job. Maybe this wasn't Weaver's motive for saying this stuff, but it makes you wonder.

Wow, quite the diatribe. So 50 cents is analogous to a $12.5 mil signing bonus? Job hop?--he is on his 2nd NFL job.

BTW, it really irks me when players from a Super Bowl team are gone in 1 second after they win the title: They jump ship and go "get paid" on some lousy team. Is that really good? I'd take more rings anyday.

Hardly a ring totting ship jumper--he was drafted right after they won.

IMO Polo is right--he is describing the ideal of playing your entire career in one spot, not lamenting being here.

GP
04-02-2008, 11:39 PM
I don't think you're taking his words into the proper context. JMO.

I think I made 50% of my post on what value I think Weaver has in context or proportion to his stats here. I feel the other 50% was my opinion on the trend in the league of players hopping from team-to-team.

Weaver made the comment, the article followed it up with stats about how "loyal" free agents are when it comes time to re-do a deal or move on.

But hey: We're watching. They're playing. End of story.

GP
04-02-2008, 11:45 PM
Wow, quite the diatribe. So 50 cents is analogous to a $12.5 mil signing bonus? Job hop?--he is on his 2nd NFL job.



Hardly a ring totting ship jumper--he was drafted right after they won.

IMO Polo is right--he is describing the ideal of playing your entire career in one spot, not lamenting being here.

Weaver was touted as being a very cerebral player, a guy who is smart and well-spoken. It was one of the big perks of signing him away from Baltimore. Would have been nice for him to say what he said, but then to say that he "loves the Texans, the fans, and things are great here.."

I don't have the full article, but it opened up a few thoughts I have on team hoppers. Craig Biggio is a guy I adore because he stuck around. I have to imagine that a lot of other teams had tried to sign him away. Granted, he was being paid well to stay here..but still, he could have gone to George Steinbrenner and probably would have been a Yankee if he wanted to.

Most of my thoughts on what Weaver says is about the general trend, and so I probably did extend or project my thoughts of the topic onto Weaver.

RipTraxx
04-03-2008, 12:54 AM
wow, I just looked at his stats,

2 years here 1 sack only
after getting 14.5 sacks in 4 years in Baltimore

he is averaging about the same am't of tackles, just not getting to the QB

http://sports.espn.go.com/nfl/players/stats?playerId=3580

I am not saying Weaver isn't playing hard, but our coaching staff needs to find a way for him to be active

I say stick him at the other DT next to Amobi

Then we can get a pass rushing End to take is old spot....

aj.
04-03-2008, 07:12 AM
He did it for the money. They all do it for the money. I'm not going to lambast the guy just because he's one of the few that admits it. At least he's honest and not sugar coating it with BS like "It's not about the money, this is a team on the rise and I wanted to be here for x y and z."

It's safe to say that all of us wish he'd make more of an impact in the fall. I used to do a 'least bang for the buck' list. Without question Weaver would be on the top of that list - two years running.

BornOrange
04-03-2008, 07:44 AM
Weaver was touted as being a very cerebral player, a guy who is smart and well-spoken. It was one of the big perks of signing him away from Baltimore. Would have been nice for him to say what he said, but then to say that he "loves the Texans, the fans, and things are great here.."


Weaver very well could have said that he loves the Texans and that he's happy here, but that wouldn't have fit the writer's story so he wouldn't have included that quote. This was a Baltimore writer concerned with free agents that left the Ravens.

However, I find it ironic that a fan base that calls for their team to cut a player who isn't performing up to their expectations then gets upset when that player doesn't express love for the fans.

Until all NFL contracts are fully guaranteed, don't expect players to feel too loyal to their team.

BTW, I am not arguing that all NFL contracts should be guaranteed. That would not improve the league.

Lucky
04-03-2008, 08:39 AM
...................Will the Texans make one concerning him.
I don't think they can afford to. I was going to check the numbers at Keith's cap page (http://houstonprofootball.com/cap.html) on houstonprofootball.com, but their site is down.

infantrycak
04-03-2008, 09:21 AM
I don't think they can afford to. I was going to check the numbers at Keith's cap page (http://houstonprofootball.com/cap.html) on houstonprofootball.com, but their site is down.

From the info on Rotoworld:

If Weaver stays this year--$3.5 mil salary and $2.5 mil prorated bonus--total cap hit $6 mil.
If Weaver cut (one fell swoop)--save the $3.5 mil but create $7.5 mil dead money--net loss on cap of $1.5 mil.
If Weaver cut (as June 1st cut)--save the $3.5 mil but create $2.5 mil dead money this year and $5 mil dead money next year--net savings of $1 mil on cap this year.

For 2009 (post 2008 off-season)

If Weaver stays 2009--$3.5 mil salary and $2.5 mil prorated bonus--total cap hit $6 mil.
If Weaver cut (one fell swoop)--save the $3.5 mil but create $5 mil dead money--net gain on cap of $1 mil.
If Weaver cut (as June 1st cut)--save the $3.5 mil but create $2.5 mil dead money 2009 and $2.5 mil dead money 2010--net savings of $3.5 mil on 2009 cap.

El Tejano
04-03-2008, 09:34 AM
Weaver is going to stay unfortunately. Hopefully he gets better from the injury and turns it around.

Lucky
04-03-2008, 09:53 AM
If Weaver cut (as June 1st cut)--save the $3.5 mil but create $2.5 mil dead money this year and $5 mil dead money next year--net savings of $1 mil on cap this year.
So it looks like Weaver will get the opportunity to prove he's healthy in training camp. If the Texans wanted to cut Weaver, they could have done so earlier by naming him a June 1st cut.

I just wonder whether Mario would be better served staying at LDE full time. Maybe it's just that he doesn't look like a edge rusher that makes me think that? Unless the Texans strike mid round gold in the draft, there's no one to replace Williams on the right side, anyway. I just wish that Weaver would play up to his performance as a Raven. Maybe he is, and this is as good as he gets.

badboy
04-03-2008, 09:57 AM
I don't think they can afford to. I was going to check the numbers at Keith's cap page (http://houstonprofootball.com/cap.html) on houstonprofootball.com, but their site is down.I have emailed Keith for explanation of what's up with the site.

Fox
04-03-2008, 10:35 AM
I just wonder whether Mario would be better served staying at LDE full time. Maybe it's just that he doesn't look like a edge rusher that makes me think that? Unless the Texans strike mid round gold in the draft, there's no one to replace Williams on the right side, anyway.

I agree, I've always thought Mario has looked more comfortable at LDE, and has a more typical build/skill set for an LDE. As you mentioned the problem is we don't have a better or similarly capable pass rusher who could step in as an every down player at RDE. I did see though that we were looking at a later round DE in the NCAA forum, maybe we're scouting out some potential candidates to fill that role.

ubecool454
04-03-2008, 11:53 AM
wow, I just looked at his stats,

2 years here 1 sack only
after getting 14.5 sacks in 4 years in Baltimore

he is averaging about the same am't of tackles, just not getting to the QB

http://sports.espn.go.com/nfl/players/stats?playerId=3580

I am not saying Weaver isn't playing hard, but our coaching staff needs to find a way for him to be active

Blame Casserly and Capers on the Weaver pickup. If you were expecting Weaver to be a sack artist you haven't been paying attention.

ccdude730
04-03-2008, 01:57 PM
So it looks like Weaver will get the opportunity to prove he's healthy in training camp. If the Texans wanted to cut Weaver, they could have done so earlier by naming him a June 1st cut.

I just wonder whether Mario would be better served staying at LDE full time. Maybe it's just that he doesn't look like a edge rusher that makes me think that? Unless the Texans strike mid round gold in the draft, there's no one to replace Williams on the right side, anyway. I just wish that Weaver would play up to his performance as a Raven. Maybe he is, and this is as good as he gets.

but when you designate a vet as a june 1st cut, how many seasons do they have to be in? and im not so sure they would have cut him anyway. but he definitely needs to pick his game up or this will be his last season here in houston.

LDE reminds me of our SS position. we have guys that can play it, but where is the other playmaker that we need? we are missing a ball-hawking FS like we are missing a true pass-rusher. and i have no doubt mario can play it well, but it does seem like he is out of place when lined up at RDE.

but maybe its just the lack of fast-twitch muscles that keep him from being a premier pass-rusher :)

Errant Hothy
04-03-2008, 02:01 PM
He did it for the money. They all do it for the money. I'm not going to lambast the guy just because he's one of the few that admits it. At least he's honest and not sugar coating it with BS like "It's not about the money, this is a team on the rise and I wanted to be here for x y and z."

It's safe to say that all of us wish he'd make more of an impact in the fall. I used to do a 'least bang for the buck' list. Without question Weaver would be on the top of that list - two years running.

QFT!!

All athletes do everything for the money.

Polo
04-03-2008, 02:02 PM
Maybe if he's healthier this year he'll play better.

infantrycak
04-03-2008, 02:18 PM
but when you designate a vet as a june 1st cut, how many seasons do they have to be in?

There isn't a minimum season requirement.

ccdude730
04-03-2008, 02:30 PM
There isn't a minimum season requirement.

thanks :)

now lets hope he produces a little more on the field. he is getting paid for results - not effort

ObsiWan
04-03-2008, 04:33 PM
Weaver was touted as being a very cerebral player, a guy who is smart and well-spoken. It was one of the big perks of signing him away from Baltimore. Would have been nice for him to say what he said, but then to say that he "loves the Texans, the fans, and things are great here.."

I don't have the full article, but it opened up a few thoughts I have on team hoppers. Craig Biggio is a guy I adore because he stuck around. I have to imagine that a lot of other teams had tried to sign him away. Granted, he was being paid well to stay here..but still, he could have gone to George Steinbrenner and probably would have been a Yankee if he wanted to.

Most of my thoughts on what Weaver says is about the general trend, and so I probably did extend or project my thoughts of the topic onto Weaver.

This is America. Capitalism Rules! Are you mad at the guy for taking advantage of the free market system?? Are you some kinda Commie?

:stirpot:

DocBar
04-03-2008, 08:42 PM
I would think you have to take into account that contracts in the NFL aren't gauranteed like they are in MLB or NBA. The gauranteed money comes from signing bonus and/or money that explicitly makes it gauranteed. I'm not that knowledgeable on this like some other members. I can't blame a guy for getting all he can get. He can be injured at any time and his career be over. He can also be cut at any time and a HUGE portion of his contract be null and void. Teams show very little loyalty these days, also. They watch the bottom line like a hawk. IMO, it would behoove players to do the same. Beside, just because a player WANTS a certain amount doesn't mean a certain HAS to pay that amount. L

GP
04-03-2008, 08:58 PM
This is America. Capitalism Rules! Are you mad at the guy for taking advantage of the free market system?? Are you some kinda Commie?

:stirpot:

LOL.

I'm a Ditto Head. Loud and Proud.

Operation Chaos is a-w-e-s-o-m-e, btw.

If we went DE or DT in the first round, that would make a HUGE stir with the media. Each game we had last year, the TV crew put up the "Texans have invested a fortune in the DL" graphic. Can you imagine if we add ANOTHER DL from the first round? If we had two really good DEs, Amobi as a tackle, and at least "solid" play from another tackle (or a tackle rotation), it'd give us a Steel Blue Curtain.

I wouldn't put it past Kubiak to go DL again. It would be his own version of Operation Chaos.

Fox
04-03-2008, 10:50 PM
I wouldn't put it past them either. I don't think it's likely, but if a great pass rusher drops to 18 it's a possibility, IMO. Kubiak's already taken the media's best shot when it comes to criticism of a draft choice anyways, nothing to lose in that respect at this point.

DocBar
04-04-2008, 12:55 AM
If a DE is the highest rated player at 18, IMO they take him and critics be damned. TJ was a Capers/Casserly pick, so you can't hold that against them.

KeithW
04-04-2008, 11:33 AM
I don't think they can afford to. I was going to check the numbers at Keith's cap page (http://houstonprofootball.com/cap.html) on houstonprofootball.com, but their site is down.

Lucky! Where you been, man?!

I estimated Weaver's dead money on Stephanie's blog (http://sports.aol.com/fanhouse/2008/02/20/nfl-salary-cap-and-contract-information-houston-texans/#cont) about a month ago.

As Weaver is now entering the third year of his five-year contract, his unamortized signing bonus amounts to ($6MM / 5 years * 3 years remaining = ) $3.6 million, plus his (estimated) unamortized option bonus of ($6MM / 4 years * 3 years remaining = ) $4.5 million, for a combined total of $8.1 million. With a base salary of $3.5 million this season, cutting Weaver now becomes a rather expensive cap maneuver as the net ($8.1 million of dead money less $3.5 million of salary expense saved) is still a very high figure of $4.6 million.

As such, it seems very unlikely that, so long as Weaver is healthy, he will not be a cap casualty in 2008. If he were to be released though, he would almost certainly be classified as June 1st cut, meaning just the 2008 bonuses would hit this year ($2.7 million), thereby pushing the rest of the dead money onto the 2009 salary cap ($5.4 million).

Since the time I wrote that, I gained (and quickly lost) access to official salary cap data. And while I don't have Weaver's details saved, I seem to recall checking it out and thinking it matched my estimate.

Lucky
04-04-2008, 11:41 AM
Lucky! Where you been, man?!
Around, like a donut.

I think you've spelled it out extremely well (as usual). Weaver looks like a lock to stay through '08. I still think the Texans can't count on Weaver as a contributer and need to find another pass rusher at DE. Even if it's a mid round tweener.

Wolf
04-04-2008, 11:45 AM
thanks Keith..here some rep for all the work you and others did on the other site!

KeithW
04-04-2008, 07:17 PM
Around, like a donut.
Well, if Fiddy doesn't show up soon, you can have back into the old dynasty league. :) Anyone know where he is btw?

popanot took your old team and went 5-8. Good news though is that we ditched whatever that was on your helmet. :headhurts:

Lucky
04-04-2008, 07:23 PM
popanot took your old team and went 5-8. Good news though is that we ditched whatever that was on your helmet. :headhurts:
That was for the best. It was probably starting to smell.

Fiddy is at UT, I think. He still lurks and you can send him a PM. (http://www.texanstalk.com/forums/private.php?do=newpm&u=51)

thunderkyss
04-04-2008, 07:35 PM
QFT!!

All athletes do everything for the money.

And we do what we do for the better of all humanity.

edo783
04-04-2008, 09:47 PM
We are all pretty much Ho's, the only thing that changes is the amount we are paid.

infantrycak
04-04-2008, 10:37 PM
We are all pretty much Ho's, the only thing that changes is the amount we are paid.

Man: Would you have sex with me for $10 mil?

Girl: Sure.

Man: How about $50

Girl: What do you think I am, a prostitute?

Man: We already established that, now we are negotiating the price.

disclaimer--I thought about reversing the roles to be PC but the transaction stopped at:

Girl: Would you have sex with me [interrupt] Guy: sure.

edo783
04-05-2008, 12:27 AM
disclaimer--I thought about reversing the roles to be PC but the transaction stopped at:

Girl: Would you have sex with me [interrupt] Guy: sure.

Yup, guys wouldn't put up any sort of fight or negotiate.:shades:

ObsiWan
04-05-2008, 01:10 AM
Yup, guys wouldn't put up any sort of fight or negotiate.:shades:

that confirms your original statement - we's all ho's
whether you sell your body or your mind, you're still for sale.

RTP2110
04-07-2008, 02:29 PM
Ya know, I'm tired of these athletes saying that they're trying to take care of their families. Or saying that they have kids to feed. Seriously, we all have families, and kids to feed. The NFL league minimum is 10 times more than most people make anyway. I don't understand why they all keep saying that. How many kids do you have? 36


I understand that contracts are not guaranteed, and every contract could be a player's last. I don't blame them for getting all they can, from any team they can. They just need to drop the ''support my family" line already.

Errant Hothy
04-07-2008, 02:33 PM
And we do what we do for the better of all humanity.

I rpomise you my job has very little to do with the "bettering of humanity". I work for my paycheck.

Just like all athletes, and the only people I bag on when it comes to athelete contracts are the Gms who negoiate them and the agents who talk guys into bad moves.

Polo
04-07-2008, 02:34 PM
Ya know, I'm tired of these athletes saying that they're trying to take care of their families. Or saying that they have kids to feed. Seriously, we all have families, and kids to feed. The NFL league minimum is 10 times more than most people make anyway. I don't understand why they all keep saying that. How many kids do you have? 36


I understand that contracts are not guaranteed, and every contract could be a player's last. I don't blame them for getting all they can, from any team they can. They just need to drop the ''support my family" line already.

How do you know they are just talking about immediate family ?

I know that if I am ever blessed enough to have great wealth I'm going to make sure everyone around me (meaning very close friends and relatives) see's a little piece of the pie...

badboy
04-07-2008, 02:39 PM
Lucky! Where you been, man?!

I estimated Weaver's dead money on Stephanie's blog (http://sports.aol.com/fanhouse/2008/02/20/nfl-salary-cap-and-contract-information-houston-texans/#cont) about a month ago.



Since the time I wrote that, I gained (and quickly lost) access to official salary cap data. And while I don't have Weaver's details saved, I seem to recall checking it out and thinking it matched my estimate.
Keith, is there a story here?

Texans_Chick
04-07-2008, 02:57 PM
Ya know, I'm tired of these athletes saying that they're trying to take care of their families. Or saying that they have kids to feed. Seriously, we all have families, and kids to feed. The NFL league minimum is 10 times more than most people make anyway. I don't understand why they all keep saying that. How many kids do you have? 36


I understand that contracts are not guaranteed, and every contract could be a player's last. I don't blame them for getting all they can, from any team they can. They just need to drop the ''support my family" line already.


I don't have any problem when players say that. The average career of an NFL player is very short. They have to get all they can because it can be gone in a second.

Most players will not be able to get post-playing careers where they make nearly as much money as when they played.

Rex King
04-07-2008, 03:07 PM
Case in point, Kevin Everett. Experts estimate you need at least a million to retire at 65. How about at 26 + medical expenses? Not to mention the NFL's disability and pension:

http://sportsillustrated.cnn.com/2007/writers/michael_mccann/09/18/hearings/index.html

The Pencil Neck
04-07-2008, 04:34 PM
Ya know, I'm tired of these athletes saying that they're trying to take care of their families. Or saying that they have kids to feed. Seriously, we all have families, and kids to feed. The NFL league minimum is 10 times more than most people make anyway. I don't understand why they all keep saying that. How many kids do you have? 36


I understand that contracts are not guaranteed, and every contract could be a player's last. I don't blame them for getting all they can, from any team they can. They just need to drop the ''support my family" line already.


Most guys have a very short career and most of them don't have any skills to do anything else once that career is over. They have to make as much money as they can because it has to last them for the rest of their lives.

Let's say a guy is going to make 20 million dollars. After taxes, it's really about 10 million. Let's say he lives to 80 years old. That means he's got to subsist on that 10 million for about 58 years and that makes it about 175,000 a year. That's a nice living. Not a particularly extravagant one. Most guys don't make what their contract is worth. And most guys don't make that much. And most of them blow a huge chunk right after they get that contract so they end up with less money to work with because they buy a bunch of expensive cars and houses and toys.

Since a lot of these guys aren't good with their money, they're going to end up needing to do SOMETHING to make money later in life.

So I have no problem with hearing these guys talking about having to make bank because of their family because it's not that far off.

If someone gives you a million dollars, that doesn't mean you're set for life anymore. Especially if you live high on the hog a couple of years and get used to it.

Texan_Bill
04-07-2008, 04:47 PM
How do you know they are just talking about immediate family ?

I know that if I am ever blessed enough to have great wealth I'm going to make sure everyone around me (meaning very close friends and relatives) see's a little piece of the pie...

*checks family tree for relationship to Polo*

aj.
04-07-2008, 05:39 PM
Most guys have a very short career and most of them don't have any skills to do anything else once that career is over. They have to make as much money as they can because it has to last them for the rest of their lives.

Let's say a guy is going to make 20 million dollars. After taxes, it's really about 10 million. Let's say he lives to 80 years old. That means he's got to subsist on that 10 million for about 58 years and that makes it about 175,000 a year. That's a nice living. Not a particularly extravagant one. Most guys don't make what their contract is worth. And most guys don't make that much. And most of them blow a huge chunk right after they get that contract so they end up with less money to work with because they buy a bunch of expensive cars and houses and toys.

Since a lot of these guys aren't good with their money, they're going to end up needing to do SOMETHING to make money later in life.

So I have no problem with hearing these guys talking about having to make bank because of their family because it's not that far off.

If someone gives you a million dollars, that doesn't mean you're set for life anymore. Especially if you live high on the hog a couple of years and get used to it.

Invest that 10 million - even in something very conservative at say 4% - and you can skim off $400k per year for, forever, and never touch the 10 million.

I don't feel sorry for anyone that has an opportunity to be set for a lifetime and blows it. Nor do I feel that they 'deserve more' because they might have a higher chance of mis-managing their windfall after they get it.

The Pencil Neck
04-07-2008, 05:55 PM
Invest that 10 million - even in something very conservative at say 4% - and you can skim off $400k per year for, forever, and never touch the 10 million.

I don't feel sorry for anyone that has an opportunity to be set for a lifetime and blows it. Nor do I feel that they 'deserve more' because they might have a higher chance of mis-managing their windfall after they get it.

You don't have to feel sorry for them. It's just more realistic for them to realize that they have to maximize their earnings now. I don't mind them saying that they need to make the money for their families. The less intelligent they are with their money, the more that statement is probably true.

ObsiWan
04-07-2008, 06:15 PM
Ya know, I'm tired of these athletes saying that they're trying to take care of their families. Or saying that they have kids to feed. Seriously, we all have families, and kids to feed. The NFL league minimum is 10 times more than most people make anyway. I don't understand why they all keep saying that. How many kids do you have? 36


I understand that contracts are not guaranteed, and every contract could be a player's last. I don't blame them for getting all they can, from any team they can. They just need to drop the ''support my family" line already.

NFL Minimum Salaries For 2008 Season

R - $295,000
1 - $370,000
2 - $445,000
3 - $520,000
4-6 - $605,000
7-9 - $730,000
10+ - $830,000

While it would be nice to get a windfall like that in one year, I doubt that I'd consider myself set for life.... or even ten years.

Now if we were talking Peyton Manning money.....

"Family" could mean anything from "just me and mom" to "everyone in the my community that helped me along the way".

And I stand by my original statement, this is a capitalist country. You get what you can, when you can. At least up to the point that your needs and responsibilities are covered (with some pad for emergencies) for the foreseeable future. After that you're being greedy.

Let me put it another way, if someone offered me $5-10 million / yr to relocate but still do my exact same job for the next 3-4 years, I'd sure as heck take that deal. I'll bet there's few people on this board who honestly wouldn't take a deal like that if offered to them.

KeithW
04-07-2008, 07:50 PM
Keith, is there a story here?
We wants it, we needs it. Must have the precious. They stole it from us. Sneaky little leagueses. Wicked, tricksy, false!

Other than that, nope.

badboy
04-08-2008, 09:50 AM
We wants it, we needs it. Must have the precious. They stole it from us. Sneaky little leagueses. Wicked, tricksy, false!

Other than that, nope.Dad burn it! I already had a call into Hollywood. Just knew I could set you up with a movie deal and I only wanted 50% of the profits. Hey John. John McClain! Go ahead and cancel that call we talked about. Keith let me down on the big and juicy.

steelbtexan
04-08-2008, 03:18 PM
I don't feel sorry for professional atheletes. They make enough money that with some sound investments they should be set for the rest of their lives.

With that said I think they should try to get every penny they can.

It's called capitalism.