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[QUOTE="cuseinchina, post: 1798886, member: 3079"]
The point people are making is that he's going to get a lot of money in a short period of time.  During that period of time his lifestyle will be by default more expensive than a normal 20 year old kid, even if he's careful.   So lets say he spends $125k a year, does not buy a house, and does not get a second contract.  The rest goes in a balanced stock and bond portfolio. Maybe he saves $1m over the 2 year period.   If you can get 5% interest on that over time you are doing well.  assuming he draws down that money to live on he can take out $50k/ year on average without dipping into the original savings.  So he can live like a primary school teacher for the rest of his life.  Not exactly the big money dream people think of.     So that seems not that impressive.  On the other hadn, if he busts in the NBA he can probably go make $150k a year in Europe for the next 15 years.  and the team covers his house, insurance, travel etc.  Lets say he spends every cent of his income but not the nba savings.    When he's done he'll have $4m.  He can invest more aggressively since he has more and can draw down something like $250k/year and retire at age 35.    So his reality, if he's smart and busts in the nba, is pretty darn good.

That said that same $250k and retire at 36 would feel a lot better with a ncaa championship to remember.   No one cares what these guys do in the nba.    college fans remember you forever, especially at Syracuse.        So, everyone is right :).
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