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 Becoming a Pro Athlete

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360madden
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PostSubject: Becoming a Pro Athlete   2010-03-17, 20:00

lets say you are a junior in college considering potential offers to go professional early.

Do you go for it? Or finish college and graduate before making that plunge?!

Consider this:

The average annual salary in the N.B.A. is $5.85 million. An estimated 60 percent of N.B.A. players are broke within five years of retiring, and 78 percent of NFL players are bankrupt or under financial stress because of joblessness or divorce within two years. - NY Times
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MiamiXCanes
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PostSubject: Re: Becoming a Pro Athlete   2010-03-17, 20:05

id take it. take the chance, get the money while you can and while you get the shot, and then go back to school after its done if it doesnt work out
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2ToN
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PostSubject: Re: Becoming a Pro Athlete   2010-03-17, 22:43

people go broke because they spend money foolishly

if u can handle the financial situation and buying sht then go for it

if u think u cant handle the responsibility to be financially stable take a financial class and graduate...im sure ull still be able to go pro

assuming that ur the one in this situation

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CJDAWGG14
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PostSubject: Re: Becoming a Pro Athlete   2010-03-17, 22:45

I'd be that broke guy cause I wanted to be in the lime light when I was young and just blow money like it was air.
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Genno
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PostSubject: Re: Becoming a Pro Athlete   2010-03-17, 23:17

I'm a conservative. But I'd still eat that green like fried rice. lol
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Zx_DMC_DHB_TD_xZ
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PostSubject: Re: Becoming a Pro Athlete   2010-04-25, 06:28

go pro but dont be stupid invest your money in a 401k and ira's.
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PostSubject: Re: Becoming a Pro Athlete   2010-04-25, 11:48

Go pro and still go to college in the off season. I agree with 2Ton on young athletes not being smart about their money. A lot of people hunt for these type of people and try to get them to invest in silly projects that don't work out. I wouldn't want to take the risk of going for another year in college and getting hurt.

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Crunk
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PostSubject: Re: Becoming a Pro Athlete   2010-04-25, 14:38

JaMarcus will be bankrupt soon.
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xXBlackiceXx
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PostSubject: Re: Becoming a Pro Athlete   2010-04-25, 14:48

Zx_DMC_DHB_TD_xZ wrote:
go pro but dont be stupid invest your money in a 401k and ira's.

man i would invest in cd's n collect sum serious compound interest. also put a portfli tgether but i doubt most atheletes care about tha suff.
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PapaSmurf
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PostSubject: Re: Becoming a Pro Athlete   2010-05-08, 18:37

honestly ill jus go str8 to the NFL.. but be smart with my money
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xXTHeEddYXx
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PostSubject: Re: Becoming a Pro Athlete   2010-05-08, 19:46

I wouldn't, I care about learning the stuff in school, I do not want to be a retard. And college is a great experience in someone's life, I am already regretting that I got two D's in high school and won't be going straight to a 4-year.
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Big Hungry 702
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PostSubject: Re: Becoming a Pro Athlete   2010-05-09, 04:53

i'd stay and finish. cause if you get hurt and you cant play anymore, you'll need something to fall back on

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ticklemeelmo
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PostSubject: Re: Becoming a Pro Athlete   2010-05-14, 00:43

if your superstar potential and everyones raging about you and your phones ringing off the hook with coaches calling i would do it. otherwise i would finish school up.

either way if it was me going without finishing school id be pretty smart about my money prolly, my only weakness when it comes to spending money is foods.
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xXTHeEddYXx
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PostSubject: Re: Becoming a Pro Athlete   2010-05-15, 22:26

Unless you are going to spend your money responsibly and not going to shooting yourself in the leg...go for it actually. If you are an idiot in school...you will probably get bankrupt either direction go...
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Modrewgnu
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PostSubject: Re: Becoming a Pro Athlete   2010-05-15, 22:35

There has to be so many factors that go into this decision.

Look at matt leinart. if he would have left early he would have made so much more money than he did. The difference between the first overall pick and the 10th pick is significant.

Plus you have to consider if you are going to graduate in 4 years. At my school, athletes take the minumum units required to stay eligible. It takes at least 5 years to graduate. The difference between going pro after 3 year and going pro after 4 years isnt significant because either way you won't have a degree.

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