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re: I wonder if Stingley is a little ticked right now...
Posted on 4/26/20 at 4:07 pm to PhillyFan1994
Posted on 4/26/20 at 4:07 pm to PhillyFan1994
So he won’t make as much in two more years?
OP is confusing
OP is confusing
Posted on 4/26/20 at 4:08 pm to canyon
quote:
So he won’t make as much in two more years? OP is confusing
I'm sure the rookie scale will be higher so he will probably make more. But I learned in my Federal Income Tax class about something called the "Time Value of Money" and how acquiring revenue now is almost always preferable to deferring it to the future.
Posted on 4/26/20 at 10:08 pm to canyon
quote:
So he won’t make as much in two more years? OP is confusing
Time value of money for one
2nd, assuming he’s plays the same amount of total football years, that would be two less years of lost income....and then again back to time value of money
Confused still?
Posted on 4/27/20 at 5:30 am to canyon
quote:
So he won’t make as much in two more years?
OP is confusing
OP is not confusing; you are just dense. Stingley is producing a very valuable product, and not getting fairly compensated for it. No matter your opinion on compensation for college athletes, this is indisputable.
Posted on 6/1/20 at 6:30 pm to canyon
quote:
So he won’t make as much in two more years?
OP is confusing
This is a terrible, terrible argument.
That's two years where he risks catastrophic injury without being paid. And beyond that, waiting two years is 2 less years of professional football he gets to play. These guys have a limited window for their careers. It isn't like an accountant starting their career 2 years late, where they can work for 40+ years. 2 years to a Pro Football player, even a HOF talent, could be 20% of their playing career. That's roughly 20% less career earnings.
All that being said, Stingley is the 1/1000 type player that could go pro as a freshman and it make sense and be a good decision. It sucks for Stingley, but it's just the way it is and the rule actually makes sense for 99.99% of guys.
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