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Fournette knows how to spend that money


Snake

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Some butt hurt people here that he got drafted before we could take him. People around here were like squirrels with their mouth full of his nuts.....but now that he isnt ours poo on him for doing something that...if we had drafted him would be likened to "how good of an organization and team" we are.

 

 

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24 minutes ago, Porn Shop Clerk said:

"A new study says that 16 percent of NFL players will go broke within 12 years of retirement. The findings are markedly different from a 2009 study that put the number at 78 percent just two years after retirement. “Players with median-length careers earn about $3.2 million in a few years."

I was broke at an even earlier age, and will probably never have the opportunity to pay cash to buy my  mother a 100k vehicle.

I just see a bunch of dudes with sore pussies because he wasn't drafted here.

If he bought his mother a $100,000 vehicle and were a Carolina Panther, you'd all clawing over top of each other to suck his dick because he's such a high character guy that values family.

Bunch of shitty fuging hypocrites.

Wow, that's harsh. Quite possibly true, but harsh.

I personally think that I would have been a little less extravagant (maybe a camry instead of a jag)  until I had a little more cash in the bank. Of course I'm a grumpy old man instead of a 22 year old instant millionaire, so WTF do I know?

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1 hour ago, Snake said:

First he was spending 2k on ugly shoes now he gives he's mom a new ride worth 110k. Hope you're successful bro cause that fountain does dry up. 

https://www.google.com/amp/www.sbnation.com/platform/amp/nfl/2017/5/4/15551788/jaguars-leonard-fournette-mom-new-car-mothers-day

Love it. Goes hand in hand with why savers shouldn't ever win the lottery. Put that loot right back into the mix homie. 

giphy.gif

 

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According to a 2009 Sports Illustrated article, 78% of National Football League (NFL) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of National Basketball Association players go bankrupt within five years after leaving their sport.

https://www.forbes.com/sites/leighsteinberg/2015/02/09/5-reasons-why-80-of-retired-nfl-players-go-broke/

(Thought I  would help--this is surprising--Reminds me of the Escalade and diamonds Jamarcus Russell spent when he was guaranteed about $35m in a $60+m deal)

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1 hour ago, MadHatter said:

Go check and see how many Top 10 picks flamed out of the league in their first 5 years.....where you are taken does not guarantee anything.

My point is that most prof athletes (even the elite ones) end up flat broke at a very early age because they go bat poo crazy with crazy spending.

This statistic rings true for NFL players, not professional athletes as a whole. Baseball, basketball, and hockey players do surprisingly well with their money on the whole. 

I think NFL players have shorter careers and non-guaranteed contracts so over-extending themselves and then not being able to keep up with a certain lifestyle becomes prevalent. 

Edit: just saw the post about NBA players being broke to. I had never read that before. That surprises me. 

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2 hours ago, MadHatter said:

Go check and see how many Top 10 picks flamed out of the league in their first 5 years.....where you are taken does not guarantee anything.

My point is that most prof athletes (even the elite ones) end up flat broke at a very early age because they go bat poo crazy with crazy spending.

yep.

ESPN did a good 30 for 30 on why athletes go broke.  It is actually up in full on ESPN if anyone wants to watch it

 

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Most of us are pretty financially illiterate at 20 or so years old....and we don't have 25M guaranteed.

 

I do wish the NFL would push for more financial education, and seemingly they are working toward that.

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