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Chad Jones, financial question
Posted on 5/9/10 at 7:59 pm
Posted on 5/9/10 at 7:59 pm
I read that coming out of high school, he turned down about $750,000 signing bonus to sign with the Astros. Why three years later, did he enter the NFL draft for a bonus that was less than that (and he was picked where everyone projected him), when he stated his reason for entering was money for his family?
14
Posted on 5/9/10 at 8:01 pm to LSUtoOmaha
pretty sure he has a kid now. could be a new family
Posted on 5/9/10 at 8:01 pm to LSUtoOmaha
Maybe they didn't need the money then or maybe he just wanted to leave.
Posted on 5/9/10 at 8:03 pm to saintsfan22
he has a new baby now. which he didnt have coming out of high school
Posted on 5/9/10 at 8:03 pm to jam092
ah gotcha
Posted on 5/9/10 at 8:04 pm to LSUtoOmaha
Some boosters need to start a fund to keep these kids in school when this shite happens.
Posted on 5/9/10 at 8:07 pm to LSUtoOmaha
jones hurt his arm at the end of last season and wouldn't have been able to pitch this season at all ... he wasn't gonna stick around to pitch in his senior season and he needed to get in this draft in case a rookie salary cap is locked in place in 2011 ..
Posted on 5/9/10 at 8:50 pm to LSUtoOmaha
If he turned down that kind of money right out of HS then someone was whispering into his ear that he could be a top draft pick in a couple of years and do a lot better. He rolled the dice and lost (somewhat).
Could have been worse, he could have had a career ending injury and gotten zip.
Could have been worse, he could have had a career ending injury and gotten zip.
Posted on 5/9/10 at 10:03 pm to foshizzle
We all know that it is an easier rout to make more money in the NFL right away, rather than spend 3 or more years in the minors, not even making half as much as a backup saftey would his first yr in the league.
Posted on 5/9/10 at 10:20 pm to LSUtoOmaha
Football is much better financially in the long run...much better than skipping around the minors making 50k a year.
Posted on 5/9/10 at 10:27 pm to LSUtoOmaha
quote:
I read that coming out of high school, he turned down about $750,000 signing bonus to sign with the Astros. Why three years later, did he enter the NFL draft for a bonus that was less than that (and he was picked where everyone projected him), when he stated his reason for entering was money for his family?
chances of making it the NFL and cashign in long term are better than MLB for him
Posted on 5/9/10 at 10:29 pm to LSUtoOmaha
He likes football more than baseball.
Posted on 5/9/10 at 10:47 pm to LSUtoOmaha
quote:not calling you a liar, but does anyone have a link to this? If I recall he got drafted pretty late...this seems to be too high of a signing bonus
I read that coming out of high school, he turned down about $750,000 signing bonus to sign with the Astros
Posted on 5/9/10 at 10:54 pm to LSUtoOmaha
quote:I would guess had he known that three years earlier, he wouldn't have turned down the 750k. He gambled that he would become a high draft pick with a signing bonus over 1 million. This is all excluding the football vs baseball argument. With the expectations that come with being a 5* prospect, he probably believed that he would eventually be a first round NFL pick.
Why three years later, did he enter the NFL draft for a bonus that was less than that
Posted on 5/9/10 at 10:57 pm to BallyHOO
quote:
Football is much better financially in the long run...much better than skipping around the minors making 50k a year
This. NFL player lifestyle is much better than minor league baseball player lifestyle bouncing around on buses to away games.
Posted on 5/9/10 at 11:05 pm to arrakis
quote:
He WANTED 1st round money, but was drafted in the 13th round.
yeah I don't think he was ever offered 750....
Posted on 5/10/10 at 12:56 am to LSUtoOmaha
I heard as far back at 2 years ago he had two kids already. Honestly I think he left because he wanted to start making money. He knew his potential was in football. Sure baseball offered more, but in the long run he knew he best shot was football
Posted on 5/10/10 at 1:10 am to Ryne Sandberg
quote:
He likes football more than baseball.
not according to him
Posted on 5/10/10 at 6:04 am to LSUtoOmaha
quote:
I read that coming out of high school, he turned down about $750,000 signing bonus to sign with the Astros. Why three years later, did he enter the NFL draft for a bonus that was less than that (and he was picked where everyone projected him), when he stated his reason for entering was money for his family?
Cause his NFL salary is >>>>>>>>>> than his MiLB salary he would have had for the next 5 years.
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