So if you're not really going to be a 2nd contract guy anyway, and you have a chance to make 600k for 3.3 years, that's $1.98m. fairly conservative estimate for someone on an active roster.

Say you make 200 for 2 more years on practice squads.

I'd say you have the time and money to complete a degree and a great start to pursue a career. You also have enough money to go after the jobs you WANT and not take any (unnecessary)shite on the way up.

F-you money is real, and 2.4m in the bank by 25years old is f-you money.

This post was edited on 1/4/22 at 7:10 am

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Posted by Gulf Coast Tiger

Ms Gulf Coast

Member since Jan 2004

18903 posts

Posted on 1/4/22 at 8:10 am to TheFlyingTiger

Having the ability to keep that money is just as important as making it

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Posted by atltiger6487

Member since May 2011

18523 posts

Posted on 1/4/22 at 8:42 am to TheFlyingTiger

quote:
F-you money is real, and 2.4m in the bank by 25years old is f-you money.

but they won't have $2.4m in the bank. Taxes will take at least 1/3, and agent fees and living expenses will also take some. If they make extravagant purchases or buy their mom a house, that will take a lot too.

Assuming they manage their budget, they could have between $1.0 and $1.25 million in the bank (after taxes) after those 3 years.

Now yes, for a 25 year old, that's spectacular. But not exactly f-you money. Assuming they invest that money and don't want to touch the principal, they could withdraw 4-5% per year ($42k-62k per year), which is taxable.

A very, very good start, but not f-you money at all.

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