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Manning gets 99.2 million over 7 years

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Old 03-02-2004, 01:01 PM   #2
sportscurmudgeon
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Let's do a little math here.

I just checked out the Wall Street Journal site and you can buy US Treasury Notes or Bills at the moment with a yield of about 4 %.

If you invested $34.5 million in treasury notes/bills at 4% you would get $1.38M in interest every year. After taxes, you would get to keep about $900K - assuming you chose to live in a state where there is no state income tax.

I don't know about any of you out there, but I just might be able to get by on $900K per year after taxes. And that takes into account that I would no longer consider drinking PBR or Keystone (should be called Tombstone!). I'd be exclusively sipping the good stuff...
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