Tags: salaries

Issue time08:43:27 am, by BDL Sports561 views
Categories: NFL Football, NBA Basketball

In light of the NFL's Rodger Godell making an issue out of the amount of money that the NFL rookies are making and with the NBA draft just completeing - I ran across a very funny and intereseting article that I wanted to share....

We have all heard of the 'horror' stories of players making $MILLIONS$ and then next thing you know.....there is an article about foreclosure, selling off items and repositions!

ESPN's Rick Riley has decided to lend a hand to the new class of rookies in the NBA and has come up with a Top Ten on how to run through millions with ease.

Top Ten:

  1. Screw up, deny it, then fight by using every lawyer and dime you have.

  2. Buy a house the size of Delaware.

  3. Buy many, many cars.

  4. Buy a jet.

  5. Spend stupid money on other really stupid stuff.

  6. Hire an agent who sniffs a lot and/or is constantly checking the scores on his BlackBerry.

  7. Sign over power of attorney.

  8. Spend like the checks will never stop.

  9. Just ball.

  10. Most of all, set up a huge support system around you.




Read this article: Click Here

FOOTNOTE: For those 'ballers' that need an example on how to do this, shall we turn to Shaq to set the bar:
It has been reported that he routinely spends $875,015 per month, according to documents from O'Neal's divorce filing.

Among his most costly monthly expenditures:

  • $156,116 in mortgages on three homes (including his $20 million mansion on Miami Beach's Star Island), plus $31,299 in homeowners insurance;

  • $110,505 for vacations;

  • $26,500 a month for child care;

  • $24,300 for gas;

  • $17,220 for clothing;

  • $12,775 for food;

  • $10,065 for electricity;

  • $10,000 for temporary child support;

  • $10,000 for alimony;

  • $6,730 for dry cleaning;

  • $5,000 for car payments;

  • $3,345 for phone bills;

  • $2,305 for pets;

  • $1,610 for lawn and pool maintenance;

  • $1,495 for cable TV
  • Oh yeah and dont forget about the donation of $5.41 million in federal income taxes, and over $900,000 in property taxes!!

    Issue time05:30:18 am, by BDL Sports236 views
    Categories: NFL Football

    A couple of days ago I was talking to one of my boys and he is talking about Rodger Godell and his want for a salary cap for rookies in the NFL. This eventually lead to a unheated, non-argumentative 'debate' in which my boy felt that it is needed because in his words, "these young players are getting too much as unproven cats!"

    Well before going any further, let me paint the picture for you. cbssports reported on Friday that NFL commissioner Roger Goodell said it's "ridiculous" to reward untested rookies with lucrative contracts. The article goes on to state that his feelings come from the fact that these young players walk in the door with $30 million dollars without playing a down and that the money should be going to the proven player that has already proven that he can perform!

    My initial thoughts:

  • I feel that this is the owners 'crying' over having to pay out more money! But as I was always told: "the boss will never pay the sum of all his employees more than he got!" Meaning, I can not feel bad for owners, excuse me BILLIONAIRES, crying over having to write out checks that are higher each year when they are the ones 1) bidding the players up each year and 2) they are making way more than ANY of the players playing the game WITHOUT the risk of injury each and every week. Not to mention that they (the owners) are NOT the reason the fans come out to see the games!

  • I call it the Tiger Woods effect. When Tiger fist came to the game and was demanding the appearance fees and was winning the pots, everyone started to complain, but over time the other golfers stopped - why? because they started seeing sponsors come in, and TV air time, which lead to TV and advertisement money. Next thing you know, the pots started growing for even the tournaments that Tiger didn't play in! How does that matter here? Well the veterans know, that the more these younger guys get paid up front, when they become free agents in 1-3 years.....jack pot/pay day.....its there turn!!!

  • With no guaranteed contracts in the NFL, these players have to get what they can when they can, cuz if they get injured with a career ending injury, its a rap for the player.
  • I think if this is an attempt to pay more or even grant guaranteed contracts for the players - especially the veterans - I am all for it and behind it. However, if this is just an attempt to put more money back into the hands of the owners and limit the amount of money that they players receive - then I think Godell is crazy!

    I wonder what REAL sports/football fans think about this one???
    >

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