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OT...TGIII officially getting paid.....
Posted on 6/13/15 at 12:24 pm
Posted on 6/13/15 at 12:24 pm
LINK
quote:
The St. Louis Rams have officially announced the signing of their first round pick, former Georgia running back Todd Gurley. The Rams took the Tarboro, N.C. native 10th overall in the 2015 draft after a three-year career at UGA where he rushed for 3,285 yards and 36 touchdowns on 510 carries. He is recovering from a torn ACL that he suffered on November 15 in his first game back from a four-game suspension versus Auburn.
According to the website spotrac.com, Gurley's rookie contract is worth a little over $13.82 million with 100 percent of that money being guaranteed and $8.31 million coming as a signing bonus.
3
Posted on 6/13/15 at 12:32 pm to dallasga6
quote:
OT...TGIII officially getting paid.....
and in turn, forking half of it over to the Government.
Posted on 6/13/15 at 12:42 pm to dallasga6
quote:
100 percent of that money being guaranteed
That's great news
Posted on 6/13/15 at 12:56 pm to dallasga6
Gurley also has his Nike contract and there will be other endorsement opportunities.
I hope that Gurley understands that he is an elite football player and not a businessman. Other than revolving consumer credit and a home mortgage, a person in Gurley's position should never incur direct or indirect debt and should never give anyone a blanket power-of-attorney.
Most high income athletes who go broke don't lose their net worth because of high spending. The danger is swimming with financial sharks who are adept at legal theft.
I hope that Gurley understands that he is an elite football player and not a businessman. Other than revolving consumer credit and a home mortgage, a person in Gurley's position should never incur direct or indirect debt and should never give anyone a blanket power-of-attorney.
Most high income athletes who go broke don't lose their net worth because of high spending. The danger is swimming with financial sharks who are adept at legal theft.
Posted on 6/13/15 at 4:14 pm to Whiznot
quote:
I hope that Gurley understands that he is an elite football player and not a businessman. Other than revolving consumer credit and a home mortgage, a person in Gurley's position should never incur direct or indirect debt and should never give anyone a blanket power-of-attorney.
Most high income athletes who go broke don't lose their net worth because of high spending. The danger is swimming with financial sharks who are adept at legal theft.
Do you just type out bullshite when you feel the urge?
Posted on 6/13/15 at 4:22 pm to BarberitosDawg
frick off.
Posted on 6/13/15 at 4:49 pm to BarberitosDawg
It doesn't look like BS to me it looks like the same warning guys on the 30 for 30 Broke would give out.Many of them got taken to the cleaners by agents and lawyers.
Posted on 6/13/15 at 4:59 pm to bigdawg7780
The guy calling it bullshite is probably either a lawyer, an agent or a financial advisor. People with multi million dollar incomes can afford not to take a lot of risk.
Posted on 6/14/15 at 6:49 am to Whiznot
Sorry,these guys are offered countless symposiums,classes and advice on how to handle finances,women,family pressures,etc.
Many just refuse to listen or simply think something will "come up" after their playing days are over.
Many just refuse to listen or simply think something will "come up" after their playing days are over.
Posted on 6/14/15 at 10:34 am to RD Dawg
The NFL classes don't provide the right financial information because the financial sharks are in league with NFL owners, most of whom are crooks.
It's almost as bad as boxing where the same people who are paying a competitor $30M are, at the same time, stealing that $30M.
It's almost as bad as boxing where the same people who are paying a competitor $30M are, at the same time, stealing that $30M.
Posted on 6/14/15 at 11:11 am to Whiznot
Aha!So the NFL is conspiring to steal these players money because the league is obviously not making enough money! 
Which "classes" aren't providing the right information?
We need to get this information out ASAP!
Which "classes" aren't providing the right information?
We need to get this information out ASAP!
Posted on 6/14/15 at 12:20 pm to RD Dawg
NFL owners use front men to offload losing investments to players who incur massive indirect debt related to the purchase. Contracts and agreements often run into the hundreds of pages which no player will ever read because the player trusts his business adviser. All it takes for a player to lose everything is one signature on the wrong piece of paper. The losses and the devastation doesn't become apparent until the player's career is over.
Posted on 6/14/15 at 12:31 pm to Whiznot
Link?Example?
Front man you care to name that are tied to the NFL?
Front man you care to name that are tied to the NFL?
Posted on 6/14/15 at 12:45 pm to Whiznot
Link?Example?
Front man you care to name that are tied to the NFL?
Front man you care to name that are tied to the NFL?
Posted on 6/14/15 at 1:10 pm to RD Dawg
You don't have to buy what I'm saying. Networks of business insiders wouldn't work if there was transparency. The relationships are complicated, murky and opaque.
All I am trying to say is that debt is a killer that should be avoided and that there are debt pushers just like drug pushers.
Believe me or not. I don't care.
All I am trying to say is that debt is a killer that should be avoided and that there are debt pushers just like drug pushers.
Believe me or not. I don't care.
Posted on 6/14/15 at 2:10 pm to Whiznot
Once again,a link?Some type of article quoting ex athletes that were ripped off my agents conspiring with the NFL?
No doubt there are shady agents and financial advisors out there but it makes absolutely no sense that they'd somehow be in bed with the NFL.
No doubt there are shady agents and financial advisors out there but it makes absolutely no sense that they'd somehow be in bed with the NFL.
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