07-09-2007, 07:16 AM
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#2
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Join Date: Sep 2004
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Re: Retired players shame the league in front of Congress
Couple of things come to mind:
I am retired from the State, and had a good run was even a union official, however it is no longer the responsibility of the union to represent me.. I no longer pay dues, and am on my own. If I wanted to can join another union comprised of retired folks.. the NFLPA does not have a responsibility to it's retired folks, can make some gestures and lobby on their behalf. I know of no union who is advocating for their retirees. Consider Bethlehem Steel and some of the other companies who no longer exist in the past 25 years, those folks do not even have a pension.
Secondly, I have long advocated for something be put in place to teach these guys how to invest, the NFLPA could endorse some companies like Fidelity or someone else as they make a bunch of money fast.. like many 22 year olds, I suspect that if they and probably I were given a million cash for playing a game I liked, they and I would make a lot of mistakes. It might be better not only to advise but to take out a greater % into a retirement fund that would kick in at a specific age, along with endorsing disability insurers.. there are a lot of things that can be done. Unfortunately, not much retroactively unless there was a voluntary fund by the players who wanted to contribute.
Have never seen the salary structure of how NFL retirement works, also the injuries may or may not be due to the NFL.. could be an unattended injury that occurred in College, High School or even Pop Warner. Which got progressively worse over time.
This along with Steroids is something that the congress should steer away from, it is just pandering and lip service.. there are much more serious issues out there today.
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