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Our old buddy Joe Horn is in trouble...

Mr. Scot

By Mr. Scot,
in Carolina Panthers

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SmokinwithWilly Grand Master

SmokinwithWilly

Posted
Posted

My opinion has always been that the NFL take a small % of annual salaries to provide healthcare insurance for players past and present. When the player leaves the league, that money is returned to the player. Also works like a mini retirement plan. Would be $320 million this year alone at 5%. It's a very simplistic answer, but it could help take care of a lot of these guys post career. 

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bLACKpANTHER Proficient

bLACKpANTHER

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52 minutes ago, Tbe said:

It’s terrible that they felt they had to resort to this just to get health care.

yes - i'm with you if it was legit healthcare.. I know what u r getting at, our system is crazy - but i believe they went above and beyond in what they were doing.. maybe i'm wrong and these are legit needs for NFL injuries and players - but check out the article
 

They got ultrasound machines for their wives in their homes and hyperbolic chambers and such.. then billed the league

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Snake Grand Master

Snake

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1 hour ago, SmokinwithWilly said:

My opinion has always been that the NFL take a small % of annual salaries to provide healthcare insurance for players past and present. When the player leaves the league, that money is returned to the player. Also works like a mini retirement plan. Would be $320 million this year alone at 5%. It's a very simplistic answer, but it could help take care of a lot of these guys post career. 

They should just take a small portion of ad and merch revenue. They make Billions off of players. Also why healthcare should be tax exempt for everyone anyway. Poor get taken care of as well as everyone else. 

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Mr. Scot Grand Master

Mr. Scot

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1 hour ago, CBDellinger said:

Thats bad.  Feds have a 93% conviction rate.  He better be ready to squeal for a deal.

Sounds like he'd have to beat nine other guys to the punch.

Portis is technically the biggest name involved. I've heard of some of the others, though not all.

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PghPanther Mentor

PghPanther

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Far too many sports figures are financial infants when it comes to the management of money...........they spend impulsively and buy things for family members and friends like there is no tomorrow. Its as champagne budget from the second they get that first check.......

Steve Smith told the story of his rookie season he made something like 880K and at the end of the year he ended up 6 figures in debt because of impulsive spending and forgetting about a little thing called federal and state tax percentages owed..........

There is no way if pampered sports star managed money properly they would have to resort to such nonsense......

Outside of sports there appears to be little in life they are prepared for.

Throw the book at them.............

and Politicians?...........scum of the Earth.......Public servants...........LOL.......go in broke come out rich.

I knew a former congressman who gave it all up and went back to private life. He was going to DC to want to make a difference in serving the public and this country......but when he there he told me all of them spend 90% of their time on the phone trying to get corporate donations to be able to run for office again and/or kickbacks for corporate favors with legislation. All the while they get the best health care and pensions money could buy.

Enough ranting.....as I digress..........but it pisses off a person like myself who plays by the rules and gets financially raped for it........

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