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re: Case it hasn't sunk in yet - a 10 yr coach at a Blue Blood U made a 'lateral move' to LSU
Posted on 12/1/21 at 3:15 pm to Big Scrub TX
Posted on 12/1/21 at 3:15 pm to Big Scrub TX
quote:
The after-tax, present value of that is probably like $20M.
How in the hell do you figure that with the curret top individual tax rate of 37%. Never mind the ROI on all of that disposable income for the next decade.
1
Posted on 12/1/21 at 4:07 pm to LSU82BILL
quote:I ran some more specific math. Using a 10% discount rate on future paychecks, 37% federal, 6% LA and 2% "misc taxes" (which seems low), it comes out to about $34M.
How in the hell do you figure that with the curret top individual tax rate of 37%. Never mind the ROI on all of that disposable income for the next decade.
It's a lot of money, but it ain't what it used to be. Everyone on here has been complaining about inflation - a lot of which is on higher end items that people like CBK would presumably like to consume (e.g. real estate).
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