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re: Vince Young: Out of the game and out of money
Posted on 9/19/12 at 4:46 am to ShaneTheLegLechler
Posted on 9/19/12 at 4:46 am to ShaneTheLegLechler
quote:
I'm not bitter. He would be the best player in our program's history by a mile and I'd give anything to have a college QB of his caliber at A&M. The retards who call into 610 every day and want the Texans to sign him do make me laugh though.
Great college player. Sad to see him in dire straits.
Posted on 9/19/12 at 8:06 am to tigerwoods
WTH is wrong with certain athletes. And we have some people wanting to PAY them while in college, um HELL NO!!!!
Posted on 9/19/12 at 8:12 am to CtotheVrzrbck
quote:
I have not an ounce of sympathy for VY. Life is life; it happens to all of us. Maybe he should have used some of that $20K a year scholarship at UT to have learned something, gotten something that resembled some sort of education, or gained some life skills.
If he didn't then so the frick what. Time to punch a clock buddy. UPS will hire him in a heartbeat.
Thank you. Funny as hell how they go BROKE when normal people like us that WORK for a living know how to manage our money, pay for our own education, etc. Don't feel sorry for them one bit. Nobody told them to buy expensive homes, rims, cars, jewelry that cost more than some cars, etc. They didn't have all that crap in HS or College, why blow your money when you go pro.
He better learn how to rap, he can probably make a couple $100,000 that way.
This post was edited on 9/19/12 at 8:13 am
Posted on 9/19/12 at 8:21 am to VerlanderBEAST
quote:
It was mutual. Fisher refused to build the team around him, and Young gave up on Fisher.
This
Posted on 9/19/12 at 8:22 am to tigerwoods
Should have learned from Drew Brees. Start your chain franchises now and still have an income after the game.
Posted on 9/19/12 at 8:25 am to Brettesaurus Rex
quote:
Should have learned from Drew Brees. Start your chain franchises now and still have an income after the game.
typically this is a step that loses these players a chunk of their money and leads to financial problems
the 4 things that players typically lose their riches on:
1. restaurants
2. record labels
3. real estate
4. car dealerships
of course entourages speed this up a good bit, where applicable. family shite and personal purchases, too
but those 4 tings suck a ton of money from people to an insane degree
Posted on 9/19/12 at 8:31 am to SlowFlowPro
quote:yea I was about to say.
typically this is a step that loses these players a chunk of their money and leads to financial problems
they should take 20% of their net income and just put it in savings or CD's. It would be the best way to prevent them from blowing it on crap
Posted on 9/19/12 at 8:32 am to SlowFlowPro
quote:
typically this is a step that loses these players a chunk of their money and leads to financial problems
the 4 things that players typically lose their riches on:
1. restaurants
2. record labels
3. real estate
4. car dealerships
of course entourages speed this up a good bit, where applicable. family shite and personal purchases, too
but those 4 tings suck a ton of money from people to an insane degree
100% Correct.
If you want to invest your money and absolutely need to go the restaurant route, I would say owning a few Mcdonald's and Chick fil a's is a pretty safe way to go.
It shouldn't take up too much of your money and should actually make you a good amount.
The record labels and car dealerships is beyond stupid. SO much risk there. Opening your own restaurant is stupid too. That's one of the top if not the number 1 business that fails.
Real estate wouldn't be that bad if they bought a "mansion" where they wanted to reside and then normal 250-350k houses in vacation spots. (no more than 2-3 IMO) Just gotta make sure you're not in real estate to try and make a quick buck. It's the quickest way to end up broke and fricked.
they forget about the taxes and upkeep that comes with all that though.
Posted on 9/19/12 at 8:33 am to Pilot Tiger
quote:
hey should take 20% of their net income and just put it in savings or CD's. It would be the best way to prevent them from blowing it on crap
THIS! Though, I'm a little more risk averse and would up it to 35% of my money just in case I went full retard.
Posted on 9/19/12 at 8:50 am to Moustache
quote:
Real estate wouldn't be that bad if they bought a "mansion" where they wanted to reside and then normal 250-350k houses in vacation spots. (no more than 2-3 IMO) Just gotta make sure you're not in real estate to try and make a quick buck. It's the quickest way to end up broke and fricked.
yeah let me clarify for everyone. when i say "real estate" i don't mean big houses. i mean legitimate real estate investments
they have completely fricked TO and mark brunell recently
Posted on 9/19/12 at 8:53 am to SlowFlowPro
in this market, with millions in capital, you could scoop up plenty of great properties to either rent or flip and make tons
athletes really are stupid and prob get tons of bad advice while ignoring sound financial advice
athletes really are stupid and prob get tons of bad advice while ignoring sound financial advice
Posted on 9/19/12 at 9:08 am to Pilot Tiger
I dont feel bad for anyone that makes 20+ million and doesnt have the sense to hire a professional financial advisor.
Posted on 9/19/12 at 9:17 am to DrSteveBrule
I know a couple of ghetto strippers out of South Florida who have partied with Vince on his dime (flights, hotels, clothes, shopping, etc). For a millionaire that's not much to spend on a single occasion, but he's probably done it a lot and is just one of his dumb expenses.
Posted on 9/19/12 at 9:37 am to Moustache
quote:
I would say owning a few Mcdonald's
...as a retired McD's franchisee I can safely say VY wouldn't get a chance to work there much less own one.
Posted on 9/19/12 at 9:39 am to Escobar600
quote:
but he's probably done it a lot and is just one of his dumb expenses.
these are usually drops in the bucket, though. like $2-3M of that $50M
losing $10-15M in a real estate deal is something COMPLETELY different
Posted on 9/19/12 at 9:40 am to tigerwoods
quote:
And he calls Vince Young's unwillingness to accept responsibility "a common occurrence ... as (former Titans coach) Jeff Fisher, (Texas coach) Mack Brown, numerous NFL executives, coaches, teammates, scouts, girlfriends and illegitimate children will attest."
he left out boyffriends
Posted on 9/19/12 at 9:43 am to Escobar600
did anyone think he'd be a good steward of his money?
it's a shame he peaked in that national title game
it's a shame he peaked in that national title game
Posted on 9/19/12 at 9:54 am to Pilot Tiger
I dont feel bad for anyone that makes 20+ million and doesnt have the sense to hire a professional financial advisor.
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