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re: Jeremy Hill new ride

Posted on 6/23/14 at 9:02 pm to
Posted by gerkin
Member since Sep 2011
1195 posts
Posted on 6/23/14 at 9:02 pm to
it's completely not uncommon to hear of a relatively new college grad earning, say, 50K a year, to buy a 25K car and finance it to pay for it over 5 years. Whether or not this is considered to be wise is besides point of my comment here. these kinds of younger adults assume they will still have a job in 3 years (or if they lose job, would be simple enough to quickly find another).

glimpsing over other responses here, it seems Mr. Hill will be earning $1,000,000 per year average over next 4 years (??).

if this is in fact the case, simple proportion suggest to match a boilerplate college grad, Mr. Hill would be buying a 500K car.

Given the purchase is a maserati priced at maybe 1/5th of that, its hard to fault him for being irresponsible.

the problem as I see it isnt that he bought a luxury car, its more that he is setting a standard in his quality of life that isnt realistic to expect throughout his life... yet.

if he is injured or doesnt perform well before a second, larger contract - this may be the last extremely nice car he ever has (at the young age of 22ish).

of course, he could have short lived NFL career and still go on to be enormously wealthy businessman.

point being, so what if the kid wants a luxury car.
Posted by lsu xman
Member since Oct 2006
15692 posts
Posted on 6/23/14 at 10:00 pm to
J-Hill will be okay. He just needs to make sure he dont go knocking up hoes.
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2951 posts
Posted on 6/23/14 at 10:15 pm to
Better jetison the 'boys from the hood' to stay out of trouble and hang on to your money. A posse gets real expensive.
Posted by CharlesLSU
Member since Jan 2007
31964 posts
Posted on 6/24/14 at 6:44 am to
Beautiful car.....actually my favorite Grand T color scheme.

I hope he lets this purchase be his itch scratching. No harm if the bleeding stops here......I suspect it will not though. 75% of former NFL players went bankrupt. Is what it is.

He's a kid having fun so no character assassinations needed folks. Hope the young fella gets on board with his teams financial advisory staff.
Posted by Strannix
District 11
Member since Dec 2012
49168 posts
Posted on 6/24/14 at 7:15 am to
He'll be broke in four years
Posted by Yewkindewit
Near Birmingham, Alabama
Member since Apr 2012
20189 posts
Posted on 6/24/14 at 7:54 am to
Huge gold chain, giant gold watch, Maserati.....SMH, He will be broke in a few years....... There, someone had to do it!
Posted by SM6
Georgia
Member since Jul 2008
8804 posts
Posted on 6/24/14 at 8:22 am to
Just hope he doesn't forget to put some of that pay check away for his hommie Obama and the tax man.

Read somewhere there Antwaan Randal-El actually had to borrow money come tax time bc it never occurred to him (or his agent apparently), that the NFL only pays during the season and they may not withhold enough.
Posted by TIGERhype
Baton Rouge
Member since May 2014
962 posts
Posted on 6/24/14 at 8:33 am to
I'll set O/U at 5 years!
Posted by Alonzo
Member since Jun 2014
1024 posts
Posted on 6/24/14 at 9:35 am to
Posted by Mulerider
Member since Jul 2013
1615 posts
Posted on 6/24/14 at 9:36 am to
My car is nicer.

Posted by mtheob17
Charleston, SC
Member since Sep 2009
5347 posts
Posted on 6/24/14 at 12:07 pm to
Good for him.. I hope he has a good financial guy that will keep him from blowing through all of it.
Posted by Jaydeaux
Covington
Member since May 2005
18818 posts
Posted on 6/24/14 at 1:22 pm to
Good for him
Posted by namvet6566
Member since Oct 2012
6879 posts
Posted on 6/24/14 at 2:00 pm to


Why is everyone so surprised?????
Posted by ScootiniTiger
New Orleans
Member since Mar 2007
2552 posts
Posted on 6/24/14 at 5:24 pm to
This is why they leave school without a degree, it's not to take care of family. They can't do anything else.
Posted by SpookeyTiger
Williamsburg, MO
Member since Jan 2012
3537 posts
Posted on 6/24/14 at 10:20 pm to
This is what he should have bought!



Seriously though, let the kid do what he wants with his money. If he has more in 4 years or 10 years good for him. If he's broke in 2 oh well.

Hope he has a good long career.
Posted by BillyBobfan24_7
R.I.P. SGT Nelson
Member since May 2004
18080 posts
Posted on 6/24/14 at 10:23 pm to
quote:

3,2,1 here come the people who'll say he'll be broke in 3yrs.


Nah he's gonna be real rich in 3 years.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
84092 posts
Posted on 6/25/14 at 2:33 am to
I would have bought a Subaru or something.
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64698 posts
Posted on 6/25/14 at 8:24 am to
Does a stroller fit in there?
Posted by Tiger_n_ATL
Atlanta
Member since Jul 2005
32457 posts
Posted on 6/25/14 at 2:06 pm to
A car is a depreciating asset. Some people are dumb, buy a house or invest it in the market.
Posted by ragacamps
Member since Jan 2011
2997 posts
Posted on 6/26/14 at 8:11 am to
He will be broke 2 years after his career
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