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re: Al Blue signs 4 year 2.34 million dollar deal

Posted on 5/15/14 at 2:37 pm to
Posted by sjmabry
Texas
Member since Aug 2013
18503 posts
Posted on 5/15/14 at 2:37 pm to
quote:

heard something the other day I did not realize. Players don't get paid year round but only during the season as far as their salary. Bill King was talking about how many pro players are broke come the end of summer.
This is a true statement. You get paid your whole base salary over a 17 week period. However, during this time you should be focusing on football and not blowing your money. However, after the season, there are no more checks until after the first game.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 5/15/14 at 2:41 pm to
quote:

blue will end up with about 80k after taxes, agent, etc. factor in the cost of moving to houston and living a few months and this is not a lot of money. good for someone in REAL need but not a lot.


This ain't the OT bro.

How many recent college grads show up in a new city with $100K in hand, plus a job that pays $80K net?

Hell, how many recent college grads GROSS $80K?

No one is saying he's rich, but he's better off than most provided he's smart about it.
Posted by Mshargois3
NOLA
Member since Jan 2014
1664 posts
Posted on 5/15/14 at 2:46 pm to
Yea if you watch the 30 for 30 Broke, you'll see these guys essentially live paycheck to paycheck when they act like knuckle heads. And also if you use you're head when you make a half a million a year, you can make that money work for YOU, when youre done. He better go buy him some damn Taco Bells or somethin.
Posted by jtran1988
Corndog U
Member since Oct 2008
5321 posts
Posted on 5/15/14 at 2:49 pm to
I'm happy for him. He didn't give up.
Posted by TheBigHurt
Houston
Member since Feb 2010
2378 posts
Posted on 5/15/14 at 2:56 pm to
Great rep for LSU! Congrats Blue!
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/14 at 3:03 pm to
quote:

How many recent college grads show up in a new city with $100K in hand, plus a job that pays $80K net?

my understanding is that the only thing he's got until he makes the roster is the $117k(roughly 80k net,) now, I would take a check for $80k from you, and that probably looks huge to him, but a one time coupe of 80 grand will not go very far these days, you've got to take the tortoise/hare approach, you're right in that most recent college grads are not grossing $80k, but, assuming he doesn't make the roster, or something catastrophic happens to prevent him from playing, the recent college grad will blow by that $80k in just a few years, and never look back
Posted by TigerBait1127
Houston
Member since Jun 2005
47336 posts
Posted on 5/15/14 at 3:24 pm to
quote:

but, assuming he doesn't make the roster, or something catastrophic happens to prevent him from playing, the recent college grad will blow by that $80k in just a few years, and never look back


He will probably make a practice squad if he doesn't make the roster, without injury of course.

Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/14 at 3:27 pm to
quote:

He will probably make a practice squad if he doesn't make the roster, without injury of course.




practice squad pays decent $ these days, not much of a shelf life though, I wish him all the best
Posted by PeaRidgeWatash
Down by the docks of the city
Member since Dec 2004
15210 posts
Posted on 5/15/14 at 5:34 pm to
I thought the league minimum was $850,000

eta- nevermind. That's for players after their 6th year.


Year R 1st 2nd 3rd 4th-6th 7th-9th 10th+
2011 $375,000 $450,000 $525,000 $600,000 $685,000 $810,000 $910,000
2012 $390,000 $465,000 $540,000 $615,000 $700,000 $825,000 $925,000
2013 $405,000 $480,000 $555,000 $630,000 $715,000 $840,000 $940,000
2014 $420,000 $495,000 $570,000 $645,000 $730,000 $855,000 $955,000
This post was edited on 5/15/14 at 5:38 pm
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/14 at 5:40 pm to
quote:

the league minimum

thanks Obama
Posted by bballca10
Atlanta
Member since Aug 2013
199 posts
Posted on 5/15/14 at 5:41 pm to
Congrats to him and his family.
Posted by Tom Bronco
Austin, TX
Member since Jun 2011
2655 posts
Posted on 5/15/14 at 6:26 pm to
quote:

ey is the signing bonus....that is all he really has. NFL contracts are crap outside of the guarantee money. So he really has $117K.....still a good amount of money and can make a lot more if he makes the 53 man roster.

After his agent's 15% and taxes he is looking at around $68,000.
Posted by blackjackjackson
fourth dimension
Member since May 2008
7674 posts
Posted on 5/15/14 at 6:29 pm to
bluuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuue!!!
Posted by tygeray
Prairieville
Member since Jan 2007
745 posts
Posted on 5/15/14 at 6:39 pm to
Hope u aren't a player about to go to the nfl.....if so I will be ur agent!!!!!!!!!!



NFL agents are not permitted to receive more than 3%
Posted by dreaux
baton rouge
Member since Oct 2006
40881 posts
Posted on 5/15/14 at 6:59 pm to
quote:

illion dollar deal

quote:

blue will end up with about 80k after taxes, agent, etc. factor in the cost of moving to houston and living a few months and this is not a lot of money. good for someone in REAL need but not a lot.



Are you frickng serious?
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/14 at 7:07 pm to
quote:

Are you frickng serious?

80 G's is not a whole lot of money when that's all you've got, and at this point, he's basically continuing the interview process in hopes of getting the job
Posted by WHATDOINO
Member since Dec 2008
6510 posts
Posted on 5/15/14 at 7:10 pm to
If he can make a practice squad he can make 6000 a week just for that.


If you can stay healthy and stay on the practice squad for 3 to 4 years I believe, you're good to go with the nfl pension
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/14 at 7:18 pm to
quote:

If you can stay healthy and stay on the practice squad for 3 to 4 years I believe, you're good to go with the nfl pension

nope, does not qualify for a pension, and even though the practice squad pays OK, it's pretty much a week to week gig
Posted by jfran23
Baton Rouge
Member since Feb 2012
1339 posts
Posted on 5/15/14 at 9:31 pm to
Extremely happy for him, hope he will be a wonderful NFL player. All the best for him
Posted by AlwysATgr
Member since Apr 2008
16516 posts
Posted on 5/15/14 at 9:59 pm to
quote:

Extremely happy for him, hope he will be a wonderful NFL player. All the best for him


+1
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