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re: Is Joe Namath going broke?
Posted on 10/16/20 at 11:16 pm to tigerfan84
Posted on 10/16/20 at 11:16 pm to tigerfan84
quote:
Players in the 60s and 70s didn’t make a fortune.
You aren't kidding. Joe Namath was the 1st round overall draft pick and signed the richest pro football contract ever at that time: $427,000 over three years. Adjusted for inflation, that's about $3.5 million and just over a million a year. That's like "mediocre player just hoping to stay on a roster" pay these days, and he was the most well paid of his day.
Also, Joe Namath's net worth is in the $20 million range. He's doing commercials because they're paying him well to do them, not because he's hurting for cash.
This post was edited on 10/16/20 at 11:43 pm
2
Posted on 10/16/20 at 11:18 pm to TigerstuckinMS
Many players in the 70s sold roofing and siding in the off season.
Posted on 10/17/20 at 8:14 am to TigerstuckinMS
quote:
Adjusted for inflation, that's about $3.5 million and just over a million a year. That's like "mediocre player just hoping to stay on a roster" pay these days, and he was the most well paid of his day.
I think the Free Market is about to reset their current ridiculous salaries along with ticket and concession prices. It is mind boggling that, in the midst of Corona restrictions, they pissed on a majority of their fans with the Social Justice thing. The people running theNFL are idiots. I just hope the states don’t do something ignorant like bail these businesses out with taxpayer money. Let a team or two go out of business and see if they don’t get their act together.
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