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06-02-2011, 03:20 PM | #271 |
Franchise Player
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Location: Virginia
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Re: 8th Circuit Court Grants Stay, Lockout Continues
NLC1054,
[QUOTE]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. /QUOTE] 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. |
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06-02-2011, 03:20 PM | #272 | |
Gamebreaker
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Re: 8th Circuit Court Grants Stay, Lockout Continues
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06-02-2011, 03:21 PM | #273 | |
Uncle Phil
Join Date: Feb 2004
Posts: 45,256
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Re: 8th Circuit Court Grants Stay, Lockout Continues
Quote:
NFLLabor.com NFL-NFLPA statement «
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06-02-2011, 03:25 PM | #274 | ||
Uncle Phil
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Re: 8th Circuit Court Grants Stay, Lockout Continues
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06-02-2011, 03:47 PM | #275 | ||
Contains football related knowledge
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Re: 8th Circuit Court Grants Stay, Lockout Continues
Quote:
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".
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06-02-2011, 04:15 PM | #276 |
Uncle Phil
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Re: 8th Circuit Court Grants Stay, Lockout Continues
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06-02-2011, 04:24 PM | #277 | |
Naega jeil jal naga
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Location: Atlanta, Georgia From: Silver Spring, Maryland
Age: 39
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Re: 8th Circuit Court Grants Stay, Lockout Continues
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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.
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06-02-2011, 04:40 PM | #278 |
Uncle Phil
Join Date: Feb 2004
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Re: 8th Circuit Court Grants Stay, Lockout Continues
Closing this thread and moving the discussion here
http://www.thewarpath.net/redskins-l...tml#post805451
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