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Pats Sign DL Deaderick

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  1. PatsFans.com Article

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    Ian's Daily Blog - The Patriots have gotten another late round pick under contract, with Ian Rapoport of the Boston Herald reporting via Twitter Friday that the Patriots have signed 7th round pick Brandon Deaderick. According to Rapoport the Alabama standout will receive a $40,300 signing bonus, although the terms of the rest of the deal have yet to [...]

  2. BPF

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    6 down, 6 to go.
  3. lillestroom

    lillestroom Rookie

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    Practice squad fodder ???
  4. Elijah

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    #11 Jersey

    I think he's a bit better than that.
  5. reamer

    reamer Rookie

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    Good news. I wouldn't be at all surprised to see him make the squad. He's an excellent run-stuffing 2-gap 34 end. He played the position in college, and had pretty good technique coming out. Tough kid. Not much of a pass-rusher, but a great rotational player who should get the chance to be a primary back up/rotational player in a year or two.
  6. mgteich

    mgteich PatsFans.com Veteran PatsFans.com Supporter

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    Presuming no injuries, I see Deaderick competing with Pryor and Richard for 7th (developmental) DL roster spot, if it exists. He is a 3-4 DE. They are not easy to find.

  7. ctpatsfan77

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    What is Kade Weston's role in a 3-4, then?
  8. reamer

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    I actually think Weston has the greater upside of the two. He didn't play the position in college, though, so he has a steeper learning curve vis-a-vis Deaderick. If he can put it all together, though, he has Seymour size and athleticism. It's his technique, strength, and drive that I question.
  9. mgteich

    mgteich PatsFans.com Veteran PatsFans.com Supporter

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    Weston is also in competition for the same roster and Practice Squad spots as Richard, Deaderick and Pryor.

    Last edited: Jul 9, 2010
  10. IcyPatriot

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    #87 Jersey

    $1.83 million for being picked in the 7th round ... spread over 4 years.

    So even if you only play those 4 years you've made enough money if invested wisely to live very comfortable. Enough money to buy a restaurant or whatever.

    Like hitting 2 million dollar scratch tickets only you have to lift weights and sweat a bit.

    :confused::confused::confused:
  11. Elijah

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    Well, most 7th rounders are cut before the contract expires, I'd imagine.
  12. AndyJohnson

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    Thats only the equivalent of making 100k from 22 to 40. You dont retire on that.
  13. ctpatsfan77

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    Sadly, something like five years out of the league, a large percentage of players are broke, because they don't understand that you can't have outflow > income on a permanent basis. :(

    Also, as someone noted above, most 7th round players don't finish their rookie contracts; Banta-Cain and MFC are the exceptions, not the rules.
    Last edited: Jul 9, 2010
  14. sbpatfan

    sbpatfan Banned

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    Haha, I'm sorry, but no. The NFL contract is 4 years for 1.8 million, or whatever it actually is. Not 18 years long, four years long. If you make 1.8 million in four years - and invest wisely - you're better off than most people.
  15. smg93

    smg93 Rookie

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    I was betting on this guy holding out too. Just kidding! I understand where AJ's coming from of course, but do agree with sbpatfan, a four year contract is just that, four years. Just because one starts out as a football player after college, doesn't mean that that's all he'll do the rest of his life.

    Even in nominal terms and after taxes, he'll probably net close to a million dollars IF he finishes out the contract. How long does it take the average guy to make that? If he spends 400k to buy a home, he'll still have 600k in the bank. If that earns say 7% a year, that comes out to 42k in interest income annually. That itself is pretty decent already.
    Last edited: Jul 10, 2010
  16. PatsWickedPissah

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    Of course you are, but do not forget state and federal taxes which will leave you with roughly just over $1 million, or somewhat less if tax increases go into effect 1 Jan as expected.

    Still compare a fringe NFL player 4 years out of college with a million dollars vs. the all too typical college grad with $100K in student loans or far worse if they enter medical school. But for this financial advantage the college and pro athelete will invariably at the very least suffer from arthritis, joint and bone issues in their 40s or 50s.
  17. Rob0729

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    I don't know. I always thought Deaderick was a steal where the Pats drafted him. I thought he was going to go a few rounds earlier. I think he might turn into a decent role player.
  18. bigfandan

    bigfandan Rookie

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    The contract is not gauranteed... he has a uphill battle to make the full term of the contract. And if he does make it, he will likely get a second conract worth much more. A backup DL can make $1MM+ annually easy.
    Last edited: Jul 10, 2010
  19. PATSNUTme

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    #75 Jersey

    I know that he is a 7th rounder but I have a feeling that he makes the team and contributes. He was a guy that I had targeted from the 5th round on.
  20. Calciumee

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    That's what I am thinking, any player that plays a game, a few days after being shot must be doing something right. The determination he has will make him show to the coaches.
  21. Deus Irae

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    Yes, if you completely ignore the reality of taxes, loss of career (usually in less than 3 years for low round picks), and living a lifestyle that adjusts at least somewhat to your income (something the vast majority of people do, even the "wise" ones), you can gripe about a player making his money or play the "he's not deserving of my sympathy" game. The reality is that every job in the world save the lowest paying has that built in to it.

    By the way, all those players who invested in the stock market and real estate were probably thought to be investing "wisely" before those markets crapped the bed.
    Last edited: Jul 10, 2010
  22. smg93

    smg93 Rookie

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    Everyone pays taxes, even the guys who make 40k a year. These guys also usually have money invested in funds that have since lost significant value. Are you really trying to argue that Deaderick doesn't have a signifcant advantage over the guy who makes 40k a year?
  23. lillestroom

    lillestroom Rookie

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    I seriously do not have Pryor on the PS.

    I have him in my 53, by quite some distance...
  24. Deus Irae

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    1.) The higher the income bracket, the bigger the tax bite. And, no, not everyone pays taxes. Here, check this out, just regarding federal income taxes:

    http://www.taxfoundation.org/publications/show/25962.html

    2.) Anyone with even rudimentary knowledge of how the NFL works, and the ability to logically apply that knowledge, would make the argument that a 7th round pick does not have a significant lifetime advantage over a guy making 40K a year at the start of his career. Oscar Lua, Mike Elgin, Bo Ruud (6th round), Andy Stokes, Christian Morton..... These are just some of the guys who could explain it to you.
    Last edited: Jul 10, 2010
  25. smg93

    smg93 Rookie

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    Oh please. Stop with the link about people who don't pay taxes. Most everyone who makes 40k a year does pay taxes whether it's withheld at source or after filing a tax return. Besides, if you bothered to read my earlier post, I already pointed out that after taxes, he still makes about a million dollars.

    As for "rudimentary knowledge", Anyone who isn't totally mathematically challenged can figure out how many years it'll take a guy making 40k a year to make 1 million dollars.
  26. Deus Irae

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    Your comment:

    You were wrong. Trying to twist that around to me rather than admitting your mistake just makes your argument that much weaker.

    Again, if you ignore the reality, and you ignore what's been mentioned in other people's posts, you can come up with all sorts of amusing claims.

    So, let's just cut to the chase here...

    What percentage of 7th round picks make 1.8 million pre-tax dollars or more in their NFL careers?


    Also, what percentage of people who start out at $40k remain at $40 k for their lifetimes?
    Last edited: Jul 10, 2010
  27. TheComeback

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    Um, what's your point? There are people in every income bracket who don't pay taxes.
  28. Deus Irae

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    Points seemed pretty clear to me.

    1.) Higher tax bracket = higher taxes (response to whining about average person)

    2.) Not everyone pays taxes. (response to claim that everyone pays taxes)
  29. italia44

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  30. AndyJohnson

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    I said a 22 year old who makes 1.8 mill in his first 4 years of work cant retire. I didnt say he can't invest it wisely and be in good financial shape.
    I was responding to the idea that those 4 years would set him up for life.

    Break it down. Lets be generous and say he gets to keep 1mill out of the 1.8 after taxes, again making the HUGE assumption he has a 4 (or even 1) year career.
    He wants to buy a house, right? Lets say he doesnt go nuts and pays $300,000 for a house to live in for many years and raise a family.
    700k left
    Now he must buy a car. He must furnish the house. I find it hard to believe a 22 year old who just signed a 1.8mill contract buys a Buick, but lets just say all that is only 50k.
    Most NFL players in some way spend money on their family (buy mom a house or a car, etc) Lets call that 50k.
    600k left.

    Deadrick also has to LIVE and pay his expenses each month for those 4 years. I will ignore the fact that you run with a crowd where the top players make 10 mill a year, and say he only spends 50,000 a year on various expenses. (In reality its probably 5 times that for 80% of the players) 50000x 4 is another 200k.

    So at age 26 his career is over, he lived frugally owns his house and has $400,000 in the bank.

    Anyone who thinks he can retire on that is either out of their mind, still lives with Mom and Dad or has never raised a family.
    If we assume he has started a family by then, if he tries to retire on it he is broke by 30.

    Sure, he will have a house and some money in the bank, but he also will be going from a 400k a year income to an immediate drop to what? 50,000? He will be an entry level 26 year old in whatever field he got his degree in, if he got one.

    In the end, IF he is disciplined, if he sticks for 4 years, he will have a decent house in a nice neighborhood, will have lived pretty well for 4 years, can go find a job and will have his kids college money saved.
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