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re: Les Miles on SVP at 12:30

Posted on 1/30/13 at 5:27 pm to
Posted by Gray Tiger
Prairieville, LA
Member since Jan 2004
36512 posts
Posted on 1/30/13 at 5:27 pm to
quote:

Presumably after eight years of seven figure salaries, he has a nice nest egg built up. Like I said, I don't see him leaving anytime soon. But unless I badly misread him, he doesn't have to work anymore to be financially comfortable.



Given that 10%(estimate) goes to his agent and by the time you factor in state and federal income tax, then project that over his expected lifetime, he isn't as rich as most people think. Granted, he won't be first in line at St. Vincent de Paul for lunch and he will have a better lifestyle than most who post here, but he isn't rock star rich.
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 1/30/13 at 5:41 pm to
quote:

Given that 10%(estimate) goes to his agent and by the time you factor in state and federal income tax, then project that over his expected lifetime, he isn't as rich as most people think. Granted, he won't be first in line at St. Vincent de Paul for lunch and he will have a better lifestyle than most who post here, but he isn't rock star rich.

I a now convinced that you have lost touch with reality
Posted by Tiger4Ever
Member since Aug 2003
36704 posts
Posted on 1/30/13 at 8:51 pm to
quote:

Given that 10%(estimate) goes to his agent and by the time you factor in state and federal income tax, then project that over his expected lifetime, he isn't as rich as most people think. Granted, he won't be first in line at St. Vincent de Paul for lunch and he will have a better lifestyle than most who post here, but he isn't rock star rich.


WTF? Lol!

He's very wealthy no matter how you try to spin it.

Dumbass.
This post was edited on 1/30/13 at 8:53 pm
Posted by Sho Nuff
Oahu
Member since Feb 2009
11981 posts
Posted on 1/30/13 at 10:35 pm to
quote:

Given that 10%(estimate) goes to his agent and by the time you factor in state and federal income tax, then project that over his expected lifetime, he isn't as rich as most people think. Granted, he won't be first in line at St. Vincent de Paul for lunch and he will have a better lifestyle than most who post here, but he isn't rock star rich.





I keep getting surprised on TR! Just when I think I've read the dumbest, most ill-informed post, along comes another!

So according to Mr. Forbes here, being that Miles "only" makes about $2mm after taxes and agents and stuff, he'll at least be above standing in line. Doesn't sound like much better than that, but certainly better than us paupers on the boards!

He'll have made no less than $50mm if he stays with LSU till his current contract expires. You know you done fricked up right?
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