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78% of players in poorhouse by 2yrs after football (1 Viewer)

Say hello to Warren Sapp.

AP reports former Tampa Bay Buccaneers DT Warren Sapp has filed for bankruptcy in South Florida.

According to the docs, Sapp owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments and alimony to at least 4 different women. :bag:

Among the debts, Sapp says he owes $853,000 to the IRS for 2006 and another $89,000 for 2010.

Owns 200+ pairs of Jordan sneakers. :lmao: Loser! Man these guys are dumb.
They aren't the brightest, but those child support and alimony payments are ridiculous. Some states have pretty terrible laws in that area.
Redicilously low?Surely owing a few hundred thousand out of nearly 7MM to support his children cant be seen as out of control?

 
Sounds about right to me.The average career is 3.5 years. So for every guy who gets to play 5 years is a guy who plays 2.And for every guy who plays 6, and reaches a 2nd contract, there is a guy who only lasts a year.Then the minimum (which is closer to what most make) 285,000. A 5th round pick is going to get 350k a year with 120k guaranteed, on a 3 year contract.If he buys a decent house at 525k, and a car at 75k, his bank account wont be looking stellar when his career is over.
True, but he will have made way more than the average 25 year old person. Now if the same player bought a 300K home and a new Honda Accord or Ford Fusion he would have an extra 300K still left over at 25 to start his new career.
not to mention a lot less college debt due to scholarships, most likely.maybe there should be some charity fund we could all contribute to that would go towards buying these guys new jordans every week when their nfl career is over.
 
Say hello to Warren Sapp.

AP reports former Tampa Bay Buccaneers DT Warren Sapp has filed for bankruptcy in South Florida.

According to the docs, Sapp owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments and alimony to at least 4 different women. :bag:

Among the debts, Sapp says he owes $853,000 to the IRS for 2006 and another $89,000 for 2010.

Owns 200+ pairs of Jordan sneakers. :lmao: Loser! Man these guys are dumb.
They aren't the brightest, but those child support and alimony payments are ridiculous. Some states have pretty terrible laws in that area.
Redicilously low?Surely owing a few hundred thousand out of nearly 7MM to support his children cant be seen as out of control?
He pays 60K a month in alimony and child support to one women with two of his children. That is 720K a year. Sure that is a reasonable % to a guy making multi-millions. The problem is that he doesn't make multi-millions anymore. He makes about 500K a year as an NFL analyst. Doesn't take much to figure out 720K > 500K. Not saying Sapp isn't at fault here, just pointing out a major hurdle this guy has to deal with. Courts don't take into consideration an athlete will have a very difficult time meeting financial settlements based on a percentage of his income during his playing days

 
Say hello to Warren Sapp.

AP reports former Tampa Bay Buccaneers DT Warren Sapp has filed for bankruptcy in South Florida.

According to the docs, Sapp owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments and alimony to at least 4 different women. :bag:

Among the debts, Sapp says he owes $853,000 to the IRS for 2006 and another $89,000 for 2010.

Owns 200+ pairs of Jordan sneakers. :lmao: Loser! Man these guys are dumb.
They aren't the brightest, but those child support and alimony payments are ridiculous. Some states have pretty terrible laws in that area.
Redicilously low?

Surely owing a few hundred thousand out of nearly 7MM to support his children cant be seen as out of control?
He pays 60K a month in alimony and child support to one women with two of his children. That is 720K a year. Sure that is a reasonable % to a guy making multi-millions. The problem is that he doesn't make multi-millions anymore. He makes about 500K a year as an NFL analyst. Doesn't take much to figure out 720K > 500K. Not saying Sapp isn't at fault here, just pointing out a major hurdle this guy has to deal with. Courts don't take into consideration an athlete will have a very difficult time meeting financial settlements based on a percentage of his income during his playing days
if that guy pays millions per year in child support and alimony while making 500k he needs to hire a lawyer.oh wait.....he's in the poorhouse -- guess he's stuck.

 
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I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
 
Say hello to Warren Sapp.

AP reports former Tampa Bay Buccaneers DT Warren Sapp has filed for bankruptcy in South Florida.

According to the docs, Sapp owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments and alimony to at least 4 different women. :bag:

Among the debts, Sapp says he owes $853,000 to the IRS for 2006 and another $89,000 for 2010.

Owns 200+ pairs of Jordan sneakers. :lmao: Loser! Man these guys are dumb.
They aren't the brightest, but those child support and alimony payments are ridiculous. Some states have pretty terrible laws in that area.
Redicilously low?Surely owing a few hundred thousand out of nearly 7MM to support his children cant be seen as out of control?
He pays 60K a month in alimony and child support to one women with two of his children. That is 720K a year. Sure that is a reasonable % to a guy making multi-millions. The problem is that he doesn't make multi-millions anymore. He makes about 500K a year as an NFL analyst. Doesn't take much to figure out 720K > 500K. Not saying Sapp isn't at fault here, just pointing out a major hurdle this guy has to deal with. Courts don't take into consideration an athlete will have a very difficult time meeting financial settlements based on a percentage of his income during his playing days
:rolleyes: Courts adjust alimony and child support based upon current financial circumstances all of the time.
 
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There is a league pension and it provides a 6 figure income for life. That in itself should end the debate, if you cant survive on that youre a jerk. The only issue is i think you need 4 years in the league to qualify. Just dial that back to 2 years and call it a day.

 
There is a league pension and it provides a 6 figure income for life. That in itself should end the debate, if you cant survive on that youre a jerk. The only issue is i think you need 4 years in the league to qualify. Just dial that back to 2 years and call it a day.
Do you have a link to that? Last I saw the average payout was about 14k a year and you couldn't collect until you were 55.
 
The Bert Bell/Pete Rozell NFL Player Retirement Plan provides a monthly pension to retired players which usually begins on the first day of the month the player turns 55.* If the player is vested,** the amount of the monthly payment depends on when they were in the league and how long they were in the league. The monthly benefit is the sum of a player's benefit credits for each of his credited seasons. Under the 2011 CBA, these are the benefit credits per year:

Before 1982 $ 2501982 through 1992 $ 2551993 and 1994 $ 2651995 and 1996 $ 3151997 $ 3651998 through 2011 $ 4702012 through 2014 $ 5602015 through 2017 $ 6602018 through 2020 $ 760*Players can elect to take benefits early or defer benefits. The amount he receives is adjusted depending on when the payments start.**To be vested a player had to essentially play 3, 4 or 5 seasons depending on when he played.

So for example, a player who played from '94 through '98 would receive the following monthly benefit for the rest of his life:

265 + 315 + 315 + 365 + 470 = 1730 or 20,760/yr

If the player elects to take a monthly benefit for the rest of his life plus the rest of his spouses life the benefit is cut in half.

There are other benefits for former players:

The Second Career Savings Plan: Players can defer a portion of their salary and the team is required to match the deferred amount ($2 for each $1 deferred by the player) up to $24k/yr.

The Player Annuity Plan: provides former players with tax deferred earnings on contributions made by the clubs. The players can start receiving distributions once two things have occurred--they have reached the age of 35 and been out of the league for 5 years. The contribution per player is currently $5k for his second and third years in the league, $55k for his fourth season and $65k for each subsequent season.

401(k) Plan: Players can start contributing as rookies and teams must start matching in the second year up to $22k. Players are allowed to start taking distributions at 45.

Tuition Reimbursement Plan: Up to $15k per year for a total of $45k. Players are eligible after their first year.

Legacy Benefit: The league will make a contribution of $620 million for players with credited years prior to '93. The formula was to be agreed upon within 2 weeks of the CBA going into effect and payments started immediately.

The 88 Plan: Medical benefits to players diagnosed with dementia up to $100k/yr.

Severance Pay: Currently $15k for each credited season.

Disability Plan: Up to $30k/yr for players who cannot work.

Long Term Care Insurance Plan: Up to $150/day for a maximum of 4 years.

Health Reimbursement Account: Contribution of $25k/yr up to a total of $300k.

Former Player Life Improvement Plan: Payments for joint replacement, prescription drugs, assisted living, spine treatment, neurological treatment & term life insurance from $20k-$50k

Neuro-Cognitive Disability Benefit: A monthly benefit of between $1500 and $3000.

 
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
 
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I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
LOL. What is 200+ shoes to someone that has millions? Thats easy....their damn business.What is 200+ shoes to someone filing for bankruptcy after mismanaging the crap out of millions? Proof of poor decision making skills and priorities.I like Warren Sapp...guy is funny. Doesn't change the level of dumb that this is. Hope he can rebound from it. Sell your shoes Warren.
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
slavery? :lmao: The shoes just shows he is dumb with money...can't believe you don't get that point yet.So I am a "low value person" who is tricking myself that I have a "higher value" by pointing out that a big dumb athlete blew his money on a whole bunch of really dumb decisions. :lmao: Well not that it had anything to do with any of it, but since you want to go there, how come Mr. Super Accomplished would be lucky to be in my low value shoes despite me making a fraction of what he made?hint: cuz he is an IDIOT!Now, what else you got in the "Warren Sapp is a slave" defense bag? :bye:
 
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? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
This right here, this is the insanity that leads to these situations. Guy made millions of dollars, 200+ shoes must be cheap! It's that line of thinking that cause these guys to blow all their money. I made $10 million this year, so what if a private jet costs $1 million?The problem is not the shoes specifically, it's this attitude on display right here that hey, he's rich, he can buy stuff.Here's an idea- don't spend money on bull#### just because you can! :excited:
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
The hilarious part of this line of argument ("you're just hating on someone that's accomplished more than you!") is that it's EXACTLY what athletes use when they are criticized for how they spend their money all the way to the poorhouse.
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
slavery? :lmao: The shoes just shows he is dumb with money...can't believe you don't get that point yet.So I am a "low value person" who is tricking myself that I have a "higher value" by pointing out that a big dumb athlete blew his money on a whole bunch of really dumb decisions. :lmao: Well not that it had anything to do with any of it, but since you want to go there, how come Mr. Super Accomplished would be lucky to be in my low value shoes despite me making a fraction of what he made?hint: cuz he is an IDIOT!Now, what else you got in the "Warren Sapp is a slave" defense bag? :bye:
Yes slavery, being for "stupid taxes" is being for slavery. If you didnt know, socialism is a form of slavery. Thats my main problem with your posts regarding sapp, you're part of the "elite" group that is ruining america.As for him being a "dumb athlete who blew his money" Pretty sure 60k a month in child support had more to do with him losing his money than 200 shoes, but you keep wishing unjust taxes on someone over it.
 
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? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
This right here, this is the insanity that leads to these situations. Guy made millions of dollars, 200+ shoes must be cheap! It's that line of thinking that cause these guys to blow all their money. I made $10 million this year, so what if a private jet costs $1 million?The problem is not the shoes specifically, it's this attitude on display right here that hey, he's rich, he can buy stuff.Here's an idea- don't spend money on bull#### just because you can! :excited:
thats a big leap you did there, nxmehta, suggesting that buying multiple shoes(which everyone does for the most part, rich or poor) is so irresponsible that you'd be the type of person that would spend a million dollars on a jet plane.
 
Say hello to Warren Sapp.

AP reports former Tampa Bay Buccaneers DT Warren Sapp has filed for bankruptcy in South Florida.

According to the docs, Sapp owes more than $6.7 million to various creditors, including hundreds of thousands of dollars in child support payments and alimony to at least 4 different women. :bag:

Among the debts, Sapp says he owes $853,000 to the IRS for 2006 and another $89,000 for 2010.

Owns 200+ pairs of Jordan sneakers. :lmao: Loser! Man these guys are dumb.
They aren't the brightest, but those child support and alimony payments are ridiculous. Some states have pretty terrible laws in that area.
How can Sapp not be one of the brightest? He has a college degree. Only 30% of Americans hold a degree.
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
slavery? :lmao: The shoes just shows he is dumb with money...can't believe you don't get that point yet.So I am a "low value person" who is tricking myself that I have a "higher value" by pointing out that a big dumb athlete blew his money on a whole bunch of really dumb decisions. :lmao: Well not that it had anything to do with any of it, but since you want to go there, how come Mr. Super Accomplished would be lucky to be in my low value shoes despite me making a fraction of what he made?hint: cuz he is an IDIOT!Now, what else you got in the "Warren Sapp is a slave" defense bag? :bye:
Yes slavery, being for "stupid taxes" is being for slavery. If you didnt know, socialism is a form of slavery. Thats my main problem with your posts regarding sapp, you're part of the "elite" group that is ruining america.As for him being a "dumb athlete who blew his money" Pretty sure 60k a month in child support had more to do with him losing his money than 200 shoes, but you keep wishing unjust taxes on someone over it.
What the heck is this drivel that you are spouting? Socialism is slavery? Calling him "elite"? Socialism is basically the antitheses of Elitism, so which is he, a socialist, or an elitist?
 
I made $10 million this year, so what if a private jet costs $1 million?
Let's use this example if you want to, you made $10M (we'll assume $5M after taxes and agent fees) and spend $1M on something this frivolous. Would you still find that to be an "OK" financial decision if your income the next year wasn't guaranteed? What if this "career" of making $10M is only, on average, to last another year or two at the most?It's one thing if you're on a career path that is expected to last 30 some years (to normal retirement age of 65), but these guys don't have that. Their football careers are roughly about 3 years on average. Sure Sapp's was much longer than that, but he couldn't have known that would be the case after his 4th year. One bad injury and he would have been done without the promise of ANY future income.Would it have still have been an "OK" move for a guy with two paternity suits currently filed against him? (Both extra-marital paternity cases were pending at some level for the majority of Sapp's NFL career).
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
We know he was stupid with his $. The shoes prove it. The naked lady painting confirms it. There's no doubt the list is a lot longer on his wastes of $. 78% of NFL players do the same. Hines Ward is trying to dump his 12k sq ft. home (that he lived in for less than 4 years) for 7.5 mil. Won't get it and probably has more $ in it than that. These guys all live way beyond their means. They somehow think the $ will roll in after they have been sent packing.The one smart thing he did was hide the championship rings and say he lost them.
 
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I'd like to see the racial breakdown on the bankruptcy numbers.
Why does this have to be about race? Mark Brunnell seems pretty white to me.
It doesnt HAVE to be about race... but it might (or might not) actually have a very racial bias shown in the numbers. That's why he asked.Id like to see some other parameters too. Left college early. % by schools. Degrees obtained. GPA. Agents.
 
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? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
This right here, this is the insanity that leads to these situations. Guy made millions of dollars, 200+ shoes must be cheap! It's that line of thinking that cause these guys to blow all their money. I made $10 million this year, so what if a private jet costs $1 million?The problem is not the shoes specifically, it's this attitude on display right here that hey, he's rich, he can buy stuff.

Here's an idea- don't spend money on bull#### just because you can! :excited:
thats a big leap you did there, nxmehta, suggesting that buying multiple shoes(which everyone does for the most part, rich or poor) is so irresponsible that you'd be the type of person that would spend a million dollars on a jet plane.
Yup, that's what I did! Anyone with more than 1 pair of shoes wants to buy a jet! :loco:
 
everyone of these guys should read the millionare next door and learn how to pay themselves first and then they would be raking in the benzos for the rest of there lives and would probably not have to ride around on off brand tires and could affored to have yokahoamsa tires and even when they are done they woudl look blingy and all that other jazz but instead they probably just pay too much for stuff now thinking that the good times will never end but the best feelnig is knowing that whent he rainstorm starts and the wolves is at your door that you are covered up warrenb buffet style take that to the bank of oracles of omaha brohans

 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
slavery? :lmao: The shoes just shows he is dumb with money...can't believe you don't get that point yet.So I am a "low value person" who is tricking myself that I have a "higher value" by pointing out that a big dumb athlete blew his money on a whole bunch of really dumb decisions. :lmao: Well not that it had anything to do with any of it, but since you want to go there, how come Mr. Super Accomplished would be lucky to be in my low value shoes despite me making a fraction of what he made?hint: cuz he is an IDIOT!Now, what else you got in the "Warren Sapp is a slave" defense bag? :bye:
Yes slavery, being for "stupid taxes" is being for slavery. If you didnt know, socialism is a form of slavery. Thats my main problem with your posts regarding sapp, you're part of the "elite" group that is ruining america.As for him being a "dumb athlete who blew his money" Pretty sure 60k a month in child support had more to do with him losing his money than 200 shoes, but you keep wishing unjust taxes on someone over it.
What the heck is this drivel that you are spouting? Socialism is slavery? Calling him "elite"? Socialism is basically the antitheses of Elitism, so which is he, a socialist, or an elitist?
Yes, taking away the choice on where your money goes because you "elite" folks think you know better is a form of slavery. It is the herd mentality of slavery.
 
'Uncle Buck said:
'Christo said:
I typically agree with you but if a guy owns 200+ pair of shoes...he deserves whatever stupid tax you can possibly lay onto him.
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
It may not have been what bankrupted him. But it provides some insight into the thought processes that put him into bankruptcy.
Yeah, lets be narrow minded enough to think we know how he lost all of his money based on him spending a small percentage of it on shoes, and then lets also be psychotic enough to say he deserve slavery for buying shoes("he deserves stupid taxes"). All of this is, in my opinion, is a low value person trying to trick himself into thinking he has higher value by bashing someone that has accomplished more in their life than they could ever dream of.
We know he was stupid with his $. The shoes prove it. The naked lady painting confirms it. There's no doubt the list is a lot longer on his wastes of $. 78% of NFL players do the same. Hines Ward is trying to dump his 12k sq ft. home (that he lived in for less than 4 years) for 7.5 mil. Won't get it and probably has more $ in it than that. These guys all live way beyond their means. They somehow think the $ will roll in after they have been sent packing.The one smart thing he did was hide the championship rings and say he lost them.
sNope, I would argue based on the little facts we do know he was more likely to have lost his money over America's obsession for a "victim." a woman having a child from a man she isn't with becomes a victim, even though it was her choice to have sex, and thus in this case is given 60k a month. I am not suggesting a man shouldn't help raise their child, im suggesting that having copulation with a rich person shouldnt be like playing a scratch off lottery ticket, it is beyond sick.
 
? The guy was ambitious all his life, working hard on becoming a top athlete, where he got paid MILLIONS of dollars. what is 200+ shoes to someone that has millions? It is such a little amount that it is obvious to anyone that isn't covetous that it had nothing to do with him going broke, but you go ahead and applaud all the worthless taxes.
This right here, this is the insanity that leads to these situations. Guy made millions of dollars, 200+ shoes must be cheap! It's that line of thinking that cause these guys to blow all their money. I made $10 million this year, so what if a private jet costs $1 million?The problem is not the shoes specifically, it's this attitude on display right here that hey, he's rich, he can buy stuff.

Here's an idea- don't spend money on bull#### just because you can! :excited:
thats a big leap you did there, nxmehta, suggesting that buying multiple shoes(which everyone does for the most part, rich or poor) is so irresponsible that you'd be the type of person that would spend a million dollars on a jet plane.
Yup, that's what I did! Anyone with more than 1 pair of shoes wants to buy a jet! :loco:
? That's exactly what you did, and you're right, it is a psychopathic thought."Guy made millions of dollars, 200+ shoes must be cheap!..... I made $10 million this year, so what if a private jet costs $1 million?" once again, being okay(or doing it yourself) with someone buying multiple shoes is way different than someone blowing money on a private jet, quite the leap tiger. ;)

 
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I'd like to see the racial breakdown on the bankruptcy numbers.
Why does this have to be about race? Mark Brunnell seems pretty white to me.
It doesnt HAVE to be about race... but it might (or might not) actually have a very racial bias shown in the numbers. That's why he asked.Id like to see some other parameters too. Left college early. % by schools. Degrees obtained. GPA. Agents.
Wonder how Ryan Leaf fits into this.The breakdowns are meaningless unless you're controlling for other factors. For example, blacks as a percentage of players are underrepresented in coaching jobs at all levels; if more blacks than whites have financial difficulty after leaving the NFL, maybe it's because they're given less opportunity to transition into post-NFL football work.In the end, it comes down to a reality that crosses racial and ethnic lines; people overestimate their future earning potential. They're on non-guaranteed contracts, and while they know that, it's hard not to assume that you're going to get to play out your contract (unless it's obviously ridiculous). Take someone like Desmond Bishop. He entered the league in 2007 as a sixth-round draft choice, making six figures but nothing big for four years. He might have bought a house in 2007 either in Green Bay or in his native Vallejo, CA; in either case it's now way underwater. Then in 2011 he signed a 4-year, $19 million contract; finally a real payday for him and his working class family. At the time, he was 26 years old. How should he approach his financial planning? Well, if he stays healthy and keeps playing well, he'll earn something close to $19 million over the next four years, and then probably get one more contract of similar size to close out his career. If he blows out his knee on the first day of training camp, he might get the guaranteed money (looks like $7.4 million signing bonus) and then be out of the league.It's hard to do financial planning when the potential range of your income is $7.4 million over four years and zero afterwards, or $40 million over 8 years. And virtually every player in the league is in this situation at the end of their careers; they are on contracts which look like they have more value than they really do, and they can't really predict how much value it has.
 
What the heck is this drivel that you are spouting? Socialism is slavery? Calling him "elite"? Socialism is basically the antitheses of Elitism, so which is he, a socialist, or an elitist?
Yes, taking away the choice on where your money goes because you "elite" folks think you know better is a form of slavery. It is the herd mentality of slavery.
Did I log onto glibertarian.com? Take the political hogwash elsewhere.
 
CalBear, in either case ($7.4M or $40M), he should be set for life. Sure, the financial planning of it may be difficult, but in either situation the worse case scenario shouldn't be the poor house! Best case scenario his immediate family is also set for life, and that's where the financial planning comes in.

 
What the heck is this drivel that you are spouting? Socialism is slavery? Calling him "elite"? Socialism is basically the antitheses of Elitism, so which is he, a socialist, or an elitist?
Yes, taking away the choice on where your money goes because you "elite" folks think you know better is a form of slavery. It is the herd mentality of slavery.
Did I log onto glibertarian.com? Take the political hogwash elsewhere.
this is the off season, and I am responding accordingly, he was the one that brought up taxes first. Anyways, the fascist told me to stop responding accordingly, so I guess I better listen :lmao:
 
I'd like to see the racial breakdown on the bankruptcy numbers.
Why does this have to be about race? Mark Brunnell seems pretty white to me.
It doesnt HAVE to be about race... but it might (or might not) actually have a very racial bias shown in the numbers. That's why he asked.Id like to see some other parameters too. Left college early. % by schools. Degrees obtained. GPA. Agents.
Wonder how Ryan Leaf fits into this.The breakdowns are meaningless unless you're controlling for other factors. For example, blacks as a percentage of players are underrepresented in coaching jobs at all levels; if more blacks than whites have financial difficulty after leaving the NFL, maybe it's because they're given less opportunity to transition into post-NFL football work.
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.com/watch?v=rpTYnTiwrkw (whole world is against them because of their race)
 
Nope, I would argue based on the little facts we do know he was more likely to have lost his money over America's obsession for a "victim." a woman having a child from a man she isn't with becomes a victim, even though it was her choice to have sex, and thus in this case is given 60k a month. I am not suggesting a man shouldn't help raise their child, im suggesting that having copulation with a rich person shouldnt be like playing a scratch off lottery ticket, it is beyond sick.
You are so wrong on this issue. This isn't about the women it's about the kids. We as a society have decided as a matter of public policy that children are entitled to live up to the standards of their parents. Therefore, child support is calculated using the parent's income. Why should a rich guy be able to live "the life" while his kid just gets by?If you don't want to fork out child support keep it in your pants. That goes equally as well for the guy working 9 to 5 as it does for athletes.
 
Does anyone else find it interesting that DeSean Jackson was portrayed in the article as a mark of fiscal discipline? Yet since then, it's been reported that he owes Rosenhaus several hundred thousand dollars, and he bragged on Twitter that he spent $25K at a nightclub one night...all while making just $525,000 per year.

Perhaps they could have found a better example.

 
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.c...h?v=rpTYnTiwrkw (whole world is against them because of their race)
There three possible explanations for the under-representation of blacks in football coaching ranks:1) Black former players are less interested in coaching than white former players

2) Black former players are less capable of coaching than while former players

3) Black former players are given less opportunity to coach than white former players

What's your explanation, and what evidence do you have for it? There's plenty of evidence (in football and other areas of American life) to support #3.

I will point out again that I do not think the issue of former players winding up poor is a racial issue; if you actually read my posts, you'll notice that I'm pointing out that the statistics around racial makeup are meaningless.

 
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.c...h?v=rpTYnTiwrkw (whole world is against them because of their race)
There three possible explanations for the under-representation of blacks in football coaching ranks:1) Black former players are less interested in coaching than white former players

2) Black former players are less capable of coaching than while former players

3) Black former players are given less opportunity to coach than white former players

What's your explanation, and what evidence do you have for it? There's plenty of evidence (in football and other areas of American life) to support #3.

I will point out again that I do not think the issue of former players winding up poor is a racial issue; if you actually read my posts, you'll notice that I'm pointing out that the statistics around racial makeup are meaningless.
What evidence supports #3? If anything there is MORE opportunity(affirmative action).
 
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.c...h?v=rpTYnTiwrkw (whole world is against them because of their race)
There three possible explanations for the under-representation of blacks in football coaching ranks:1) Black former players are less interested in coaching than white former players

2) Black former players are less capable of coaching than while former players

3) Black former players are given less opportunity to coach than white former players

What's your explanation, and what evidence do you have for it? There's plenty of evidence (in football and other areas of American life) to support #3.

I will point out again that I do not think the issue of former players winding up poor is a racial issue; if you actually read my posts, you'll notice that I'm pointing out that the statistics around racial makeup are meaningless.
What evidence supports #3? If anything there is MORE opportunity(affirmative action).
Studies have shown that black coaches are more likely to be fired, and less likely to get new jobs at a given level of performance than white coaches.Are you suggesting #1 or #2 are more likely?

 
Nope, I would argue based on the little facts we do know he was more likely to have lost his money over America's obsession for a "victim." a woman having a child from a man she isn't with becomes a victim, even though it was her choice to have sex, and thus in this case is given 60k a month. I am not suggesting a man shouldn't help raise their child, im suggesting that having copulation with a rich person shouldnt be like playing a scratch off lottery ticket, it is beyond sick.
You are so wrong on this issue. This isn't about the women it's about the kids. We as a society have decided as a matter of public policy that children are entitled to live up to the standards of their parents. Therefore, child support is calculated using the parent's income. Why should a rich guy be able to live "the life" while his kid just gets by?If you don't want to fork out child support keep it in your pants. That goes equally as well for the guy working 9 to 5 as it does for athletes.
I imagine you are "pro-choice" if im wrong correct me please. With that being said you can say "If you don't want to fork out child support keep it in your pants." but you would never say to a woman if you didnt want a child "keep it out" NEVER. What is harder to deal with, giving your earnings to a child you don't want for 18 years, or having the baby in your stomach for one year? I am against abortion, I am just pointing out your hypocrisy in what "society decides" since society decided abortion is freedom of your body rather than murder, but when a woman decides to have the baby, she needs 60k a month to raise it since the father is rich.
 
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.c...h?v=rpTYnTiwrkw (whole world is against them because of their race)
There three possible explanations for the under-representation of blacks in football coaching ranks:1) Black former players are less interested in coaching than white former players

2) Black former players are less capable of coaching than while former players

3) Black former players are given less opportunity to coach than white former players

What's your explanation, and what evidence do you have for it? There's plenty of evidence (in football and other areas of American life) to support #3.

I will point out again that I do not think the issue of former players winding up poor is a racial issue; if you actually read my posts, you'll notice that I'm pointing out that the statistics around racial makeup are meaningless.
What evidence supports #3? If anything there is MORE opportunity(affirmative action).
Studies have shown that black coaches are more likely to be fired, and less likely to get new jobs at a given level of performance than white coaches.Are you suggesting #1 or #2 are more likely?
various studies have shown global warming is a real threat, then later on those same studies were proven to be fraudulent. My point is not every study with "facts" are real facts
 
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I find the "under-represented" argument weird. Under-represented based on what criteria? Percentage of blacks in football versus whites in football? Does that hold up when considering percentage of whites in football versus blacks in football at all levels? Does that reflect the fact that whites seem to be less represented in the college and pro ranks and thus end up in coaching earlier than blacks? Should we put the same analysis on percentage of blacks versus whites in the US to figure out why there are so many blacks on the NFL compared to the percentage of blacks in society or in high school football?

The whole thing is silly. There are tons of perfectly legitimate reasons for different race distributions in different roles in football and almost none of them are because of racial animus.

 
various studies have shown global warming is a real threat, then later on those same studies were proven to be fraudulent. My point is not every study with "facts" are real facts
OK, at this point I know I'm arguing with either a troll or someone's AI project.
 
lol? they are given less opportunity? What is the basis? Why because white people in America are racist? Even though white people in america DIED for the freedom of black people? Its people like you that always want to make it race related that creates people feeling like this http://www.youtube.c...h?v=rpTYnTiwrkw (whole world is against them because of their race)
There three possible explanations for the under-representation of blacks in football coaching ranks:1) Black former players are less interested in coaching than white former players

2) Black former players are less capable of coaching than while former players

3) Black former players are given less opportunity to coach than white former players

What's your explanation, and what evidence do you have for it? There's plenty of evidence (in football and other areas of American life) to support #3.

I will point out again that I do not think the issue of former players winding up poor is a racial issue; if you actually read my posts, you'll notice that I'm pointing out that the statistics around racial makeup are meaningless.
I'm late to this discussion so I apologize if I'm missing something here, but why does each of your points have the phrase "former players" in it? Why are we assuming that only "former players" are the available talent pool for coaching positions?
 

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