Jump to content
  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Falcons pay OL Bill Fralic $150K/yr...for life


Moorgan

Recommended Posts

So 150K for up to to this time  = 4.5 mill. the falcons have paid.

If he would have took 3 million in 85 .. put it in a modest 5% rate of return investment he would have 13 mill right now.

 

Depends on how you look at it.

 

 

Link to comment
Share on other sites

So 150K for up to to this time  = 4.5 mill. the falcons have paid.

If he would have took 3 million in 85 .. put it in a modest 5% rate of return investment he would have 13 mill right now.

 

Depends on how you look at it.

 

 

Maybe he knew that he wasn't disciplined at all with money and would just blow it all on hooker and blow. 

 

If so, this was a genius contract on his part. 

Link to comment
Share on other sites

So 150K for up to to this time  = 4.5 mill. the falcons have paid.

If he would have took 3 million in 85 .. put it in a modest 5% rate of return investment he would have 13 mill right now.

 

Depends on how you look at it.

 

 

I don't know if that was his only compensation or if that was just one part of the deal. It's the same argument for lottery tickets...annuity or lump sum? It all comes down to how much faith/desire you have in your ability to control money.

Link to comment
Share on other sites

Maybe he knew that he wasn't disciplined at all with money and would just blow it all on hooker and blow. 

 

If so, this was a genius contract on his part. 

My wife does financial planning and she has a few other clients that have similar situations.  The huge problem is that when he dies the money stops.  Even discounting the huge amounts of interest he could have made, if he would have god forbid been in a car accident then the money stops and the Falcons are off the hook.  If he continues to live they still don't lose because of the cash on hand they saved and most likely invested into something else that made money.

Now the fact that he is no longer playing football and he didn't have huge amounts to blow on hookers and blow probably make him less likely to die so all in all probably works out well for him.  .... The more I think about it and see all the stories about athletes being robbed by their money people this is probably how everyone's contract should be ... .

Link to comment
Share on other sites

I don't know if that was his only compensation or if that was just one part of the deal. It's the same argument for lottery tickets...annuity or lump sum? It all comes down to how much faith/desire you have in your ability to control money.

The $150,000 a year for life was a bonus on top of his $8 million rookie contract, if the internet is to be believed.

He also got paid $1.6 mil for his final year in the league (with Detroit). Not too shabby for an OL 25+ years ago.

Link to comment
Share on other sites

So 150K for up to to this time  = 4.5 mill. the falcons have paid.

If he would have took 3 million in 85 .. put it in a modest 5% rate of return investment he would have 13 mill right now.

 

Depends on how you look at it.

 

 

So he could have a 15 bedroom house instead of a 10 bedroom house, 3 vacation homes instead of 2, & 3 Ferrari's instead of 1? What's the difference? The dude is set for life. $150k annual for life is a lot of fuging money. Dude never has to save a penny for retirement because the money is never gonna stop coming. Investments & 401Ks are for people who want to retire. This dude will never retire, in the sense that the paycheck will always be there. Folks get caught up in contracts & the actual worth of athletes. It's nothing more than a game of numbers on paper for ego stroking & bragging rights. Which is why any asshat, such as Russell Wilson, who holds out & pinches pennies on a piece of paper is a POS egomaniac. A QB making $25m (4yr $100m) is no better off than a QB making $15m (4yr $60m). They are both filthy rich & set for life with equal lifestyles. It's just a fuging ego game to them. The only way it makes a difference is if they're a moron who blows every dime they have, the guy with more money will just last a little bit longer before going broke.
Link to comment
Share on other sites

Maybe he knew that he wasn't disciplined at all with money and would just blow it all on hooker and blow. 

 

If so, this was a genius contract on his part. 

I was watching something on NFLN the other night(can't remember the name of the special), and Fralic said that it was his dad that had the contract set up that way.  Apparently, pappa knew he couldn't handle the lump sum.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • I was thinking about what you said in your post and my whole draft philosophy is kind of the opposite. I believe that every prospect is a gamble and a risk so if you're going to gamble then you gamble on upside and potential. If Bryce Young fails it won't be because he wasn't pro-ready or he isn't accurate or any of those things that you will worry about with Willis. It will be because he lacks the parameters and traits that are needed to do the job what good is it to know what to do if you don't have the arm strength to get it there the speed to capitalize on what you see I'd rather gamble on the guy that already has those assets at the ready available to him then a guy who looks the part but you're not sure he can get it done with the ability that he has. I think you're doing yourself a disservice if you're only looking at wins losses or production and saying hey he won or through 50 touchdowns you can't factor in like some of that production might have come from his teammates or weapons around them you got to look at the whole big picture and in calculating all of that I put a higher value on athletic traits and do you have the things I need you to do to be able to do the job and the rest of it I think is coaching out gamble on the long-term upside versus who I think is pro-ready right now
    • For what it’s worth there’s rumors Pete carrol is going to be fired. Wonder if he retires or if canales can get him on the staff somehow. 
    • to all the Low-T Betas crying about "pineapple doesn’t belong on pizza" / "we’ll get embarrassed if we admit we like it" stop the nonsense stop the embarrassment go back to watching The View with your girlfriend’s other boyfriend while eating your dry cheese-only slice like a toddler Pizza culture has not sniffed innovation in nearly a decade, a total abyss of pathetic, boring, flavorless display of culinary cowardice Do I think pineapple pizza is going to replace pepperoni and conquer the world, absolutely not Would I be excited to proudly order it anyway? hell yea and deep down you’d give up making out with your first cousin on the weekend to take a bite of a hot, fresh, pineapple slice We need to normalize pineapple on pizza to set the blocks for the future of flavor We have an up-and-coming generation of taste buds who need guidance a STUD of a topping that is COOKING a wrecking ball of sweetness that hits like a freight train a stud salty counterpart like ham or bacon to balance it a young buck of creativity for toppings that is just getting started a true #1 cheese holding it all together a solid crust foundation a sauce that is progressing It’s not perfect, it’s not traditional, but I am beyond elated with the direction pizza is going I will be in the pizzeria cheering on the boys stacking pineapple on that dough and so should you And for the national mouth breather association who will undoubtedly poo and flame everything I post… have a blessed day
×
×
  • Create New...