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Jake Brown signed for just shy of 1.4 million.
Posted on 7/18/26 at 9:02 pm
Posted on 7/18/26 at 9:02 pm
Congrats to him, hope he does well.
9
Posted on 7/18/26 at 9:14 pm to SpencerRob
To play football?
Posted on 7/18/26 at 9:21 pm to SpencerRob
looks like he signed for about slot value then, good for him
Posted on 7/18/26 at 9:22 pm to SpencerRob
NIL cut
Posted on 7/18/26 at 9:45 pm to SpencerRob
Another day, another LSU athlete becoming a multi milionare! Congrats young MAN!
Posted on 7/18/26 at 10:01 pm to lsubatman1
quote:
becoming a multi milionare! Congrats
Millionaire, maybe. Multi millionaire, I doubt it unless he was already worth a million or so.
The govt. takes a big chunk and his agent gets a slice too.
Posted on 7/18/26 at 10:14 pm to SpencerRob
Would be interesting to know what he was making at LSU
Posted on 7/18/26 at 11:04 pm to SpencerRob
quote:
just shy of 1.4 million.
That’s PRE tax…
Posted on 7/19/26 at 8:48 am to 225Tyga
quote:
That’s PRE tax…
Right. He is only seeing about 600/700k after agent fees and taxes.
It's honestly not a lot for the type of player he is.
Posted on 7/19/26 at 8:49 am to Chalkywhite84
quote:
It's honestly not a lot for the type of player he is.
Huh
That’s a bag for the type of player he is.
Posted on 7/19/26 at 9:53 am to Chalkywhite84
quote:
Right. He is only seeing about 600/700k after agent fees and taxes.
Some of you are so silly. You understand taxes but not time value of money. $600-700k at age 21 should be life changing if he has any personal finance skills at all
Posted on 7/19/26 at 10:27 am to Yeti_Chaser
quote:
Some of you are so silly. You understand taxes but not time value of money. $600-700k at age 21 should be life changing if he has any personal finance skills at
The problem is not the bonus. Minor league salaries are low. Rookie ball and A league guys make less than a thousand dollars a week. A AAA player makes only 36K a year.
Smart guys are careful with that bonus because for 3, 4 or 5 years that has to help him keep going.
Brown did very well, but to really score he needs to get to the show.
Posted on 7/19/26 at 10:48 am to Yeti_Chaser
quote:
ome of you are so silly. You understand taxes but not time value of money. $600-700k at age 21 should be life changing if he has any personal finance skills at all
600k is not what it used to be. Even if he invests that money he is still going to use a chunk to buy a house, car, and marriage. He needs to set up his life with that 600k.
Posted on 7/19/26 at 10:51 am to Chalkywhite84
chalky, do you own a house?
Posted on 7/19/26 at 11:10 am to Chalkywhite84
quote:
He needs to set up his life with that 600k.
How much do you wreckon most people set up their life with out of college?
Posted on 7/19/26 at 11:38 am to Chalkywhite84
Being conservative here lets say he invests $300k of his $1.4M at a 6% return. That's worth over $3M in 40 years alone so he basically never has to contribute to retirement savings again. Assuming he loses half his bonus in taxes he still has $400k left to live on over the next 5 years along with his $20-40k minor league salary to fund his MLB ambitions. Over a 5 year minor league career that's roughly $100-120k per year to live on (mostly after tax) assuming zero growth. And that does not include the per diems that minor leaguers get plus housing or any NIL he got at LSU. Most new grads are not getting that.
You can't look at this through your 50 year old POV. At 21 that's a great payday with massive upside
You can't look at this through your 50 year old POV. At 21 that's a great payday with massive upside
This post was edited on 7/19/26 at 11:42 am
Posted on 7/19/26 at 12:23 pm to Yeti_Chaser
quote:
You can't look at this through your 50 year old POV. At 21 that's a great payday with massive upside
No question about that, and your road map is a good one.
If he’s smart he will follow your map, work hard to get to the bigs, and plan for the eventual life after playing pro ball whenever that comes.
Posted on 7/19/26 at 1:57 pm to Yeti_Chaser
Invest in an s&p index fund or eft and average 9%. Major diff in total at the end
Posted on 7/19/26 at 6:55 pm to SpencerRob
Going to college at LSU was a great decision.
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