- Nov 17, 2017
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I have no idea what you’re babbling about. All I was pointing out was that the guy blew a lot more than just his NFL salary. Hell, a lot of pro athletes make more money in endorsements than salary.
Sit back for a second and perhaps think about the irony of ME, of all people, posting that.I agree nothing like posting a factual post
Well since I am an economics professor and thus I know lots of economics professors, perhaps you should put your B.S. meter and tail between your legs and scurry away. I certainly know tons of people who think about the money people actually get not their gross pay.
Well then you and your fellow professors are a idiots. People talk about the gross pay all the time. It is the main way pay or salary is referred to. It is how it is covered in the news and articles. So you and your nerdy econ buddies can EABOD.
Great, you can be wrong and ill informed if you want. That is part of a free country. However people doing something the more accurate way are not idiots, they are the smarter people. On the other hand I know the way the mediots at ESPN reports it is all you can internalize again see the free country part.
BTW, have you ever seen free agency articles that mention Florida or Texas teams having an advantage with free agents. I have. Do you ever wonder why someone might write something like that or why that might be the case. I didn't think so.
To talk about gross pay as your pay is neither wrong nor ill informed. It is accurate. Net pay is not what you earn, it is what is left over after some expenses. Expenses vary. So gross pay is more accurate.
Have I considered why Texas and FL are popular with pro athletes? Yes you fvvcking idiot, I have and understand the issue, maybe better than you. I actually worked in the real work, not just on campus.
3 ... 2 ... 1 until Insti further reduces the take-home for inflation.
It also doesn’t help that you have a completely self inflicted expense of children. Most successful people have 1-3 with the same woman, to whom they’re typically married. Having an unknown amount(5-7 is speculation) from different women demanding child support at an appropriate level based on current income, would kill just about anyone. It’s a cultural problem that shows its head again and again. Thinking that you can thumb your nose at convention at make your own rules is what creates situations like this. He had a chance to change his family’s future forever. Instead, he chose to create a bunch of satellite bills he cannot pay for, who instead of growing up in a solid, stable environment, will probably end up in a similar position to where he started...100 million dollars later. Ridiculous.
Anyone who pisses away $43.65M would have pissed away $100M. The point is, he had s lot and now it’s all gone. Fortunately for him he will get a pension so he will be able to eat and have shelter.
Pensions are protected from creditor attachment. I'm not sure why the Juice would have bought an annuity with his NFL pension. Pensions are just that, an annuity agreement between parties. Unless his was a lump sum that left him with a choice of taking it as a lump sum or converting to annuity payments.So somewhat of a sidebar here regarding NFL pensions. I remember reading an article referencing O.J. and the supposed big pension he had to live on after the murders that couldn’t be attached by creditors. A lot of people thought that all NFL pensions were this good but apparently the Juice actually used some of his salary and bought some sort of annuity or insurance product offered by the NFL that would pay him in retirement. For those players that didn’t put in extra cash, the article stated that the NFL pension is actually pretty crummy. I wonder if AP is aware of this?
Pensions are protected from creditor attachment. I'm not sure why the Juice would have bought an annuity with his NFL pension. Pensions are just that, an annuity agreement between parties. Unless his was a lump sum that left him with a choice of taking it as a lump sum or converting to annuity payments.