49er's OT Anthony Davis Retires

S

SteveInShelton

New Fish
Something weird is going on there. I have never seen that many players retire in an off season, and young players at that.
 
Last edited by a moderator:
Can't blame Davis, he is probably a reasonably smart guy from his time at Rutgers. He was drafted the year before the NFL changed rookie contracts so he signed for $37.5 million (with $15.95 million guaranteed).

Maybe he also had a chat with Patrick Willis and Justin Smith about the costs and benefits of playing on a 2nd deal.

If I had made $37.5 million over 5 years, I'd sure as hell retire after all those injuries. A rough guess would have taxes eating up about $15 mil of that, an agent taking about $2 mil, and an accountant / lawyer taking $1 mil over those 5 years so he would have been left with about $19.5 million (not including any endorsement or advertising deals he may have signed locally in SF.

If he was really smart, he would've put away roughly a quarter of his signing bonus immediately into a balanced / moderate risk portfolio in 2010 (while the S&P was being juiced by ZIRP and QE). Conservatively speaking, his $4 million he'd put away would yield him $200,000 each year (after fees and management fees) in dividends and bond interest payments. If he had done automatic dividend / bond reinvestment, he'd have an extra $1 million in his portfolio.

Specifically, if Davis had put $4 million in an S&P 500 index fund back in 2010, he could book paper profits of about $3.5 million (and enjoyed the growing dividends from the increases in corporate profits).

Not bad...not bad at all.

 
Can't blame Davis, he is probably a reasonably smart guy from his time at Rutgers. He was drafted the year before the NFL changed rookie contracts so he signed for $37.5 million (with $15.95 million guaranteed).

Maybe he also had a chat with Patrick Willis and Justin Smith about the costs and benefits of playing on a 2nd deal.

If I had made $37.5 million over 5 years, I'd sure as hell retire after all those injuries. A rough guess would have taxes eating up about $15 mil of that, an agent taking about $2 mil, and an accountant / lawyer taking $1 mil over those 5 years so he would have been left with about $19.5 million (not including any endorsement or advertising deals he may have signed locally in SF.

If he was really smart, he would've put away roughly a quarter of his signing bonus immediately into a balanced / moderate risk portfolio in 2010 (while the S&P was being juiced by ZIRP and QE). Conservatively speaking, his $4 million he'd put away would yield him $200,000 each year (after fees and management fees) in dividends and bond interest payments. If he had done automatic dividend / bond reinvestment, he'd have an extra $1 million in his portfolio.

Specifically, if Davis had put $4 million in an S&P 500 index fund back in 2010, he could book paper profits of about $3.5 million (and enjoyed the growing dividends from the increases in corporate profits).

Not bad...not bad at all.
Click to expand...

I had no idea Bleenor posted here
 
Something weird is going on there. I have never seen that many players retire in an off season, and young players at that.
Click to expand...

I'm afraid football's quality will slowly diminish over the next 20 years due to players not wanting to end up like Jim McMahon or Junior Seau. It wouldn't suck as much if basketball hadn't gone into the toilet.
 
Can't blame Davis, he is probably a reasonably smart guy from his time at Rutgers. He was drafted the year before the NFL changed rookie contracts so he signed for $37.5 million (with $15.95 million guaranteed).

Maybe he also had a chat with Patrick Willis and Justin Smith about the costs and benefits of playing on a 2nd deal.

If I had made $37.5 million over 5 years, I'd sure as hell retire after all those injuries. A rough guess would have taxes eating up about $15 mil of that, an agent taking about $2 mil, and an accountant / lawyer taking $1 mil over those 5 years so he would have been left with about $19.5 million (not including any endorsement or advertising deals he may have signed locally in SF.

If he was really smart, he would've put away roughly a quarter of his signing bonus immediately into a balanced / moderate risk portfolio in 2010 (while the S&P was being juiced by ZIRP and QE). Conservatively speaking, his $4 million he'd put away would yield him $200,000 each year (after fees and management fees) in dividends and bond interest payments. If he had done automatic dividend / bond reinvestment, he'd have an extra $1 million in his portfolio.

Specifically, if Davis had put $4 million in an S&P 500 index fund back in 2010, he could book paper profits of about $3.5 million (and enjoyed the growing dividends from the increases in corporate profits).

Not bad...not bad at all.
Click to expand...

I had no idea CollegeDoog posted here
Click to expand...

 
You cut me deep.

Take it back...TAKE IT BACK DAMNIT!

Can't blame Davis, he is probably a reasonably smart guy from his time at Rutgers. He was drafted the year before the NFL changed rookie contracts so he signed for $37.5 million (with $15.95 million guaranteed).

Maybe he also had a chat with Patrick Willis and Justin Smith about the costs and benefits of playing on a 2nd deal.

If I had made $37.5 million over 5 years, I'd sure as hell retire after all those injuries. A rough guess would have taxes eating up about $15 mil of that, an agent taking about $2 mil, and an accountant / lawyer taking $1 mil over those 5 years so he would have been left with about $19.5 million (not including any endorsement or advertising deals he may have signed locally in SF.

If he was really smart, he would've put away roughly a quarter of his signing bonus immediately into a balanced / moderate risk portfolio in 2010 (while the S&P was being juiced by ZIRP and QE). Conservatively speaking, his $4 million he'd put away would yield him $200,000 each year (after fees and management fees) in dividends and bond interest payments. If he had done automatic dividend / bond reinvestment, he'd have an extra $1 million in his portfolio.

Specifically, if Davis had put $4 million in an S&P 500 index fund back in 2010, he could book paper profits of about $3.5 million (and enjoyed the growing dividends from the increases in corporate profits).

Not bad...not bad at all.
Click to expand...

I had no idea Bleenor posted here
Click to expand...

 
You must log in or register to reply here.
Back
Top