8th Circuit Court Grants Stay, Lockout Continues

JoeRedskin · 06-02-2011, 02:47 PM

Quote:

Originally Posted by SBXVII

Quote:

Originally Posted by NLC1054

It's not as if the owners are eating all the cost here. A majority of the players in the league aren't millionaires. They lead middle-class to upper middle class lives. They still have to pay bills, pay for child care, and in some cases, have to pay for extended family as well. They're not exactly poor, but when you factor in all their cost, they're not the ballers that the guys who get the endorsement deals and the top tier athletes are.

Be honest, there is nothing "middle class" about their lives. Even the lowliest of checks is a whopping $400,000 plus. That is not middle class.

True enough for the short term. However, the average playing time is ~4.5 years (I don't know, didn't google it). While that is still a goodly sum and, if invested wisely, should last a good long time, it is not the neccessarily a guarranteed high life for life. Additionally, as SmootSmack said, the long term physical toll for these guys, even the relatively short termers, is also not commensurate with anything you or I have to face.

In the short term, no - they are certainly not middle class. In the long term, however, the vast majority of NFL players are guys who can make 3-4 Million in 5-7 years and whose earning capacity after that is probably relatively minimal. Generally, for all but about 100-200 guys, this is their one shot for life to make "upper class" earnings and, if you stretch those "upper class" earnings 40-50 years into the future, it makes them look a lot more "middle class".

Dirtbag59 · 06-02-2011, 03:24 PM

Quote:

Originally Posted by SBXVII

Be honest, there is nothing "middle class" about their lives. Even the lowliest of checks is a whopping $400,000 plus. That is not middle class.

If I gave you a $1 million or $2 million right now we would all call you rich. However if I told you "alright make that last for the rest of your life" you might view it differently.

I mean put it this way. Joe Nammath was among the richest men in sports when the Jets gave him a $400,000 contract in 1965 and at the time was viewed as overpaid. If that was the only money he ever made and he retired with that as his nest egg then it would have averaged out as $6,000 per year, assuming you don't include a 1% savings account.

Remember 78% of these guys go bankrupt two years after they leave the league, and not all of them are going out and buying $50,000 bottles of champaign.

SmootSmack · 06-02-2011, 03:15 PM

After secret NFL labor meetings, Jerry Jones says both sides are 'trying' - Chicago Breaking Sports

SmootSmack · 06-02-2011, 03:40 PM

Closing this thread and moving the discussion here

http://www.thewarpath.net/redskins-l...tml#post805451

06-02-2011, 03:15 PM	#3
SmootSmack Uncle Phil Join Date: Feb 2004 Posts: 45,256	Re: 8th Circuit Court Grants Stay, Lockout Continues After secret NFL labor meetings, Jerry Jones says both sides are 'trying' - Chicago Breaking Sports __________________ You're So Vain...You Probably Think This Sig Is About You

06-02-2011, 03:40 PM	#4
SmootSmack Uncle Phil Join Date: Feb 2004 Posts: 45,256	Re: 8th Circuit Court Grants Stay, Lockout Continues Closing this thread and moving the discussion here http://www.thewarpath.net/redskins-l...tml#post805451 __________________ You're So Vain...You Probably Think This Sig Is About You

8th Circuit Court Grants Stay, Lockout Continues

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