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Congratulations, Malachi! And behind Door #22, heeere's
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[QUOTE="Brooky03, post: 1799258"] Let's say he nets $1.2M total for his first two seasons, after taxes, fees and essential living expenses. That's some substantial 'jump-start' money. If he flames out and doesn't get a second contract, he's a 22 or 23 year old guy with a mil in his bank account and a years worth of college classes under his belt. He could almost certainly play for a while in a foreign league for something in the ballpark of $100 or $200k per year (or more) while taking online classes towards a degree. That's a better start in life than most get, and that's a better starting salary than your average college grad will see. Yeah, he'll be living in a foreign country and travel expenses could rack up, but seeing the world isn't always a negative thing. Even if he flames out and decides to ditch basketball, he has a million dollars to go back to school with or maybe start a business with. Again, not a bad deal. If he plays well and gets a second contract, this first contract becomes irrelevant because he'll move into the 'life-changing' money category, in that he'd probably never have to work a 'normal' job for the rest of his life. [/QUOTE]
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Congratulations, Malachi! And behind Door #22, heeere's
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