The Official Forum  

Go Back   The Official Forum > Basketball
Register FAQ Community Calendar Today's Posts Search

 
 
LinkBack Thread Tools Rate Thread Display Modes
Prev Previous Post   Next Post Next
  #9 (permalink)  
Old Fri Jun 01, 2007, 02:00pm
Official Forum Member
 
Join Date: Mar 2004
Posts: 2,193
He won't last 5 years before he'll be back in college. However, during that time, he'll pick up easily 10 million and then sign a new college contract for 3 million a year -- regardless of how he does in the NBA.

The natural inclination of these coaches is to go somewhere and expect to win. In the past, they've gone to the NBA with full expectations and not winning has hurt some of them -- short or long term. However, now that they all have agents, they are listening to sound advice: CASH OUT NOW. In 5 years there may not be an NBA offer, but with 2 national champ hats on your head, you WILL find a college job, even if its a mid major.

10 mill in the right investments can easily generate 500K a year (in some cases with low or no taxes) forever in free cash flow without touching the corpus. That's financial security for anyone, even those in the high brow leagues.
Reply With Quote
 

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Gtown Green's move vs. a dribble move regs12 Basketball 4 Sun Mar 25, 2007 07:36pm
Up and Under Move Carl Cramer Basketball 35 Thu Dec 21, 2006 10:16am
Move Up? Hartsy Basketball 30 Fri Jul 29, 2005 08:54pm
I said move! ChrisSportsFan Basketball 11 Mon Feb 21, 2005 10:55am
Move up? refjef40 Softball 7 Tue Apr 01, 2003 05:38pm


All times are GMT -5. The time now is 11:37pm.



Search Engine Friendly URLs by vBSEO 3.3.0 RC1