- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: NBA Fan makes 20K half-court shot, now has to give up money or lose eligibility
Posted on 11/28/13 at 10:54 am to quail man
Posted on 11/28/13 at 10:54 am to quail man
quote:NAIA school, dude has less than 1% chance of ever making the pros. Take money, leave next semester, transfer to D2 or D3, finish career, and have 20k in pocket
if i still had 3 years of eligibility left, that's worth far more to me than $20k.
3
Posted on 11/28/13 at 11:26 am to 7thWardTiger
quote:
dude has less than 1% chance of ever making the pros
i never said he had a chance of making the pros. maybe the dude just really enjoys playing basketball and his teammates and where he goes to school and his coach…a number of things that could make his experience worth far more than 20k.
Posted on 11/28/13 at 11:29 am to 7thWardTiger
quote:
NAIA school, dude has less than 1% chance of ever making the pros. Take money, leave next semester, transfer to D2 or D3, finish career, and have 20k in pocket
If you play poker than you should tell him to continue playing by pot odds.
Let's assume he only ever makes the average NBA salary for one year if he ever makes it to the NBA.
Average NBA salary: $5.15 million
Odds are 1 percent he makes that. So 5,150,000 X .01= $51,500
That means he should only give up basketball for an amount in excess of $51,500.
On the opposite end, the chances that he makes the NBA that he needs to keep the money are= $5,150,000/$20,000= 257.5 or 100/257.5-
.38% chance.
So if he has less than a .38% chance of making the NBA then he should keep the money.
As everyone can tell, I enjoy avoiding my family on Thanksgiving.
Posted on 11/28/13 at 9:59 pm to 7thWardTiger
quote:
NAIA school, dude has less than 1% chance of ever making the pros. Take money, leave next semester, transfer to D2 or D3, finish career, and have 20k in pocket
I don't believe that is a possibility. If he looses his amateur status, then he would be ineligible in DII or DIII as well.
I agree about weighing his scholarship appropriately. Hell he could be giving up over $20,000 in scholarship funds, which obviously would not make sense.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News