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re: The big question I have about Holyfield...

Posted on 8/18/16 at 6:26 am to
Posted by IT_Dawg
Georgia
Member since Oct 2012
22788 posts
Posted on 8/18/16 at 6:26 am to
Turns out he is only worth $1.5M or so. Maybe not enough to pay his kids own way to make the team better. Still surprises me how many wealthy parents don't do it to make the team better.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30861 posts
Posted on 8/18/16 at 6:38 am to
quote:

Still surprises me how many wealthy parents don't do it to make the team better.


I see what you are saying but that's like saying why does Lebron make $30MM a year when he could take the league minimum and make his team better. A lot of the time its because they can and because they deserve/earned it
Posted by DawgsLife
Member since Jun 2013
60230 posts
Posted on 8/18/16 at 6:39 am to
quote:

Maybe not enough to pay his kids own way to make the team better. Still surprises me how many wealthy parents don't do it to make the team better.


MOST students parents at UGA are not worth that kind of money.

That said...you don't become wealthy by giving money away. If the kid gets a scholarship, you take it.
Posted by gatorhata9
Dallas, TX
Member since Dec 2010
26181 posts
Posted on 8/18/16 at 7:05 am to
quote:

Turns out he is only worth $1.5M or so. Maybe not enough to pay his kids own way to make the team better


That's plenty to pay Elijah's tuition. Tuition in state is under $10k per semester. Probably closer to $7k.

But if his son earned the scholarship, why take that from him? It's a HUGE point of pride to be on a full scholarship.
Posted by Crowknowsbest
Member since May 2012
26186 posts
Posted on 8/18/16 at 7:08 am to
quote:

Still surprises me how many wealthy parents don't do it to make the team better.


Because scholarship athletes live a completely different lifestyle than walk-ons.
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