I love the “solid boomer take” comment. Like it’s an insult or something. Maybe a person’s take derives from where they come from. You guys grew up with fantasy sports leagues so of course you’re going to be into upgrading the roster from year using the funds available in the NIL pools to maximize talent. Here this year and gone next. But damn the team is good.
Sports illustrated provided the number and there are numerous documentaries that address the poverty rate of former athletes this is not new. The issue is typically when someone manages money poorly giving them a lump sum doesn’t solve it. ESPN did a 30 for 20 literally called “Broke” detailing how quickly the fortunes are squandered.
Okay, but these things were over 10 years ago. I'm guessing with financial literacy classes for a lot of these kids, and all the online resources due to the internet, those numbers have shrunk considerably.
Glad at least someone learned something in this thread. It's okay to challenge systems in place.
So you think it’s magically all better? You think NIL is going to fix this? Sports Illustrated ran the article and the study along with statistics was from an external research firm so the financial viability of Sports Illustrated is a strawman and not relevant. It’s a tale as old as time whether it’s insane pro sports contracts or lotto winnings there is usually a bankruptcy or hard financial times ahead. Unfortunately finding a more recent detailed study on a cursory search hasn’t turned up anything but to think the tide has shifted significantly in a decade is not the hill I would die on.
I really don’t think some people realize what a D1 athletes daily schedule looks like. There is no hitting a bong whenever you want , eating some ramen, and taking a nap. Your schedule is full from 6-7am if you need treatment to mandatory study hall at 7-8pm. It was a crime kids couldn’t go to Meirer’s Creek and get paid for an appearance.
Lol
I think you like to argue as well as being ridiculously uninformed. Newhouse grad? In your case I doubt it will benefit you. Just my opinion though.
I’m just happy with the amount we gave him. Shows we will be able to compete going forward.
But he never would be a coach at Syracuse and Siena without going to college and graduating.
Cool
Overreach there...
What am I uninformed about?
It means one thinks the world works the way it did 20, 30, 40 years ago and refuses to think otherwise. Finding a job, getting raises, the value of an education, the ability to buy a house, etc. have all changed significantly in that time frame.
Is this solely about you, or are you questioning the upbringing of college football players?
Just a Boomer commenting on 18-22 year old college students. Most have little financial literacy.
Do you have facts to back that up? Or just your opinion?
Most grown adults have little financial literacy, that's why they're financing cars with $1k+ down payments.
Yes, conference realignment has been awful for the game and will kill the competitive nature of the P5.
The NFL has been providing mandatory financial literacy training to rookies since 2016. I think this was in direct response to those stories.
while what he says is generally true, there are some exceptions and other ways to get in the league. There was a kid in CNY who never went to college and played semi pro in town and was discovered. If you have the talent they'll find you, especially in this social media connected world. Add in a little self promotion and you can avoid the traditional college route, rare though that it may be.
