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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.I was a major Givens fan. A real move the chains guy always getting that 1st down. As a late draft pick without a multi-million dollar initial contract, I couldn't fault the guy opting for lifetime financial security.
Yep. been listening since 2!
security he sadly didn't get. But he sounds like a smart guy and Glen mentioned some business he has so hopefully he'll do well. I sure hope so.
security he sadly didn't get. But he sounds like a smart guy and Glen mentioned some business he has so hopefully he'll do well. I sure hope so.
He received and $8m signing bonus and a good salary in year 1. He did fine.
I dont remember any details at all really but I vaguely recall something about him haveing to give some of the signing bonus back or maybe it was one of those tiered signing bonus so he never collected the secod tier.
Either way the guy lost out on a ton of money and while he still likely collected a nice start to his adult life I am not sure he ever got the kind of money that sets you and your family up for life.
That doesn't even factor in spending habits and lifestyle if you just signed a 8 mil signing bonus and figured you were likely still going to see millions upon millions more you would spend differently then if you knew it was 8 mil and nothing else after.
Anyone a couple years over 21 with any sense and sober should understand that NOTHING, not even the next day is a lock.
I love the player but what he took home after tax in his second contract for million$ is more than 99% of this forum will take home in their entire lives. AND he had years of making several hundred thousand per year as a Patriot previous to that contract. I save my sympathy for working families in the private sector exposed to pay cuts and layoffs.
D-Giv is a smart man and NE reportedly has a strong program to educate their players in fiscal management. He's clearly worked hard to make a new career for himself in the media, I noted a month or so back that in a clip I saw online he no longer had the deer in the headlights look and was getting more comfortable in front of the camera, now he's filling in on the radio - if I understand this thread's premise correctly. I applaud him and him and hope he continues to progress in his new vocation, hopefully his financial blessings were managed and invested wisely, though apparently safe investments then have caused people to rethink their choices, such is our crazy, upside down world.The average person starts off making a relative pittance, and sees wages increase over the course of his/her lifetime. He/she learns to live somewhat within his/her means out of necessity. The average professional athlete gets his first introduction to the workforce by making hundreds of thousands of dollars (or more). They aren't prepared for it, and they have no background to handle it. The same thing happens with lottery winners.
It's not about sympathy, but it is about understanding.
I dont remember any details at all really but I vaguely recall something about him haveing to give some of the signing bonus back or maybe it was one of those tiered signing bonus so he never collected the secod tier.
Either way the guy lost out on a ton of money and while he still likely collected a nice start to his adult life I am not sure he ever got the kind of money that sets you and your family up for life.
That doesn't even factor in spending habits and lifestyle if you just signed a 8 mil signing bonus and figured you were likely still going to see millions upon millions more you would spend differently then if you knew it was 8 mil and nothing else after.
D-Giv is a smart man and NE reportedly has a strong program to educate their players in fiscal management. He's clearly worked hard to make a new career for himself in the media, I noted a month or so back that in a clip I saw online he no longer had the deer in the headlights look and was getting more comfortable in front of the camera, now he's filling in on the radio - if I understand this thread's premise correctly. I applaud him and him and hope he continues to progress in his new vocation, hopefully his financial blessings were managed and invested wisely, though apparently safe investments then have caused people to rethink their choices, such is our crazy, upside down world.