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CLICK HERE to Register for a free account and login for a smoother ad-free experience. It's easy, and only takes a few moments.Life coach? Financial advisor? On making just $600k/yr? Here's some advice:
1. Rent a respectable but modest apartment or townhouse in Foxboro. If you buy, stay below market value.
2. Buy a reliable used car or if you insist on something more fancy just lease it.
3. Understand that after taxes you're not going to be taking home enough money that you can start making large investments or giving out cash to family and friends.
Let's make it to that second contract before we get too excited about the sudden spike in income.
Isn't that what the rookie symposium is for? Oh wait, they teach other life skills there, right Cris???I mean, these kids probably don't even know what a Roth IRA is or how to do their taxes. It's not as simple as you're making it out to be.
Isn't that what the rookie symposium is for? Oh wait, they teach other life skills there, right Cris???
I mean, these kids probably don't even know what a Roth IRA is or how to do their taxes. It's not as simple as you're making it out to be.
actually, anyone can make Roth contributions via the "backdoor" method. basically, you make a traditional contribution and then immediately convert it to a Roth.Well, they make too much for a Roth...I think they are stuck with a traditional IRA.
Yeah, especially signing here. Not calling BB or Caserio dirtbags, they just do what's best for the team as the player wants to do what's best for them but, I wouldn't take any chances. These guys are crafty. Managed to get both Vince and Branch on real nice rookie deals back in the day.I think it's a foolish move for a rookie to come into the NFL without a representative. I wouldn't trust an NFL owner as far as I could throw him.
As for Bruschi, I thought he did go with an agent later on, maybe after he had his stroke. It's possible that he may have ended up regretting that move. We can't know for sure.
I think it's a foolish move for a rookie to come into the NFL without a representative. I wouldn't trust an NFL owner as far as I could throw him.
As for Bruschi, I thought he did go with an agent later on, maybe after he had his stroke. It's possible that he may have ended up regretting that move. We can't know for sure.
There is still haggling to be done on bonus structure and roster payments.But what about the contract is even negotiable? You still sometimes hear about 1st rounders not signing for a while because of "offset language" but I was under the impression it only affected 1st round picks. Besides that, the new rookie contracts seem to come pre-written.
BB would not low ball a 3rd round rookie he drafted. How much money he could save by doing that?Yeah, especially signing here. Not calling BB or Caserio dirtbags, they just do what's best for the team as the player wants to do what's best for them but, I wouldn't take any chances. These guys are crafty. Managed to get both Vince and Branch on real nice rookie deals back in the day.
I have no idea, just saying, I'd rather give up the 3% and not sweat it. But, this kid might know what he's doing and have the work ethic to put in the time and to make sure he reads the contract correctly.BB would not low ball a 3rd round rookie he drafted. How much money he could save by doing that?
Agreed. Pats are tough negotiators but nickle and diming a rookie makes no business sense.BB would not low ball a 3rd round rookie he drafted. How much money he could save by doing that?
But what about the contract is even negotiable? You still sometimes hear about 1st rounders not signing for a while because of "offset language" but I was under the impression it only affected 1st round picks. Besides that, the new rookie contracts seem to come pre-written.
The rookie symposium is like three hours of the NFL's sponsors trying to sell you financial instruments with acronyms you've never heard of.