re: Official Brice Turang Watch Thread - Updated - Friday @ 4pm Deadline

To be honest, the money isn’t as fantastic as it looks. I had a client a few years ago that was drafted to Minnesota and signed for $2 million. But after taxes, agents, managers, renting a place to live in a new city, and any other living expenses, since you won’t be able to work any other job, just play baseball, it turned into, and this was his words, “The same as earning $35,000 a year.” He said that the $5 million or above range is when your life changes significantly.

Just sharing since it came straight from someone who went through this decision and is no longer playing, after four years.

Indians draft pick/Vandy commit Ethan Hankins just signed an LOI with Chipola JC. Jason Groome did this a few years ago when he was negotiating with the Red Sox. Groome was also committed to Vandy. It's to kick start the negotiations and let the team know they're willing to sit a year.

Things like this are why I never believe LSU is being used as negotiating leverage by a player. Going the JUCO route and telling a team "frick you, I'll do this again next year," creates way more leverage.

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To be honest, the money isn’t as fantastic as it looks. I had a client a few years ago that was drafted to Minnesota and signed for $2 million. But after taxes, agents, managers, renting a place to live in a new city, and any other living expenses, since you won’t be able to work any other job, just play baseball, it turned into, and this was his words, “The same as earning $35,000 a year.” He said that the $5 million or above range is when your life changes significantly. Just sharing since it came straight from someone who went through this decision and is no longer playing, after four years.

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Lmfao!! This can’t be true

Blayne Enlow?

It's a silly stretch to say it's the "same as earning $35k/yr", but tadelatt's basic point is valid. Anyone thinking $2M pretax/pre-agent/pre-manager is life changing money is wrong. Dead wrong.

I'm curious what your definition of "life-changing" is

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To be honest, the money isn’t as fantastic as it looks. I had a client a few years ago that was drafted to Minnesota and signed for $2 million. But after taxes, agents, managers, renting a place to live in a new city, and any other living expenses, since you won’t be able to work any other job, just play baseball, it turned into, and this was his words, “The same as earning $35,000 a year.” He said that the $5 million or above range is when your life changes significantly.

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This is called "poor money management"

I think he's just an idiot

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the money isn’t as fantastic as it looks. I had a client a few years ago that was drafted to Minnesota and signed for $2 million

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ONCE AGAIN, if your “client” went to college or pro baseball, HE STILL WOULD HAVE TO PAY THE SAME THING TO AGRNTS AND UNCKE SAM! AND HE STILLHAS TO GO THROUGH THE SAME PROCESS THREE YEARS OR SO LATER BECAUSE HE ISNT GETTING A JOB IN COLLEGE NOR IS HE GETTING A SALARY AND IS NOT MAKING 35000 less for those three years! WHEN HE IS DRAFTED ALL THOSE FACTORS STILL HAPPEN! IT IS ONLY ABOUT DRAFT POSITION AND IF HE BELIEVES THAT HE CAN IMPROVE IT. PERIOD.
He is also closer to the Majors going to be minors versus college baseball is he isn’t spending 3 years to wait. Very few of them go straight to he pros thus earning his nice 500K/year rookie minimum.

Let’s talk about what he did with his 2MM.

1. He had an option to invest a big portion of that money. For example, his agent fees should never be more than 10-15%. So about 200k with expenses that help him move and get settled that the agent handled. Let’s say he is renting an apartment and has living expenses like a vehicle, etc. Some players still have their home address as their family bc of how often they could move, if that happens the club handles those expenses. So renting an apartment and paying utilities, etc for a crazy amount of 100/year with private coaching AT THE MOST. Do that for 4 years and that’s another 400k.
2. Uncle Sam is taking 40% 800k which would be astronomical because I believe there are certain tax rules for this.

Let’s put this at 1.4 of the 2MM. That’s more than a salary of 35000/year.
I call bullshite on the 35000/year in a guy who rents an apartment.

If he is in the minors more than 8-10 years then maybe.

So if that's the case IMO Brice should go to college get his degree, play baseball with guys still your own age getting bigger stronger while adding about 10-15 lbs of muscle. Bang a bunch of hot coeds and have a blast. Win a possible national championship, memories for a lifetime then be a top 5 pick in three years get (about 6 million) and be in MLB in about 2 years. Wow sounds like a wet dream to me.

Now, this isn't anybody this is Brice Turang who is every bit as good or close to it to Bregs. It's Not going to be "life-changing $" until Brice gets to MLB. Enjoy your life. I'm very selfish when it comes to success for LSU and I love baseball. Having a player like Brice play for 2-3 years is tremendous for LSU & college baseball in general.

When LSU was in OMAHA all the announcers doing their games talked about Bregs and what a great player he is. It brings a lot of attention to the player & LSU. Again, it's great for college baseball to have certain players slip through the cracks instead of going straight to MLB. Hope in the end Brice does what's best for him.