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AP In Massive Debt?

Discussion in 'NFL Football Forum' started by robertweathers, Jul 24, 2019.

  1. Wheelman

    Wheelman Pro Bowl Player

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    He's probably shelling a couple of beatings out to his children. Adrian Peterson still beats his child. He admitted to this last season. Nobody batted an eye!
     
  2. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    ...and he did not rule out using a switch again.
     
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  3. Ice_Ice_Brady

    Ice_Ice_Brady PatsFans.com Supporter PatsFans.com Supporter

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    And this is where the “oh, that bad advice!” shtick gets pretty annoying. Even pre-adolescent children understand the basic concepts of overspending. My daughter is eight, and it’s not like I’ve had in-depth talks with her about the finer points of saving/investing, but she can very easily understand the concept spending way too much on things she doesn’t need and at least to choose wisely. You’re telling me a grown man can’t be responsible to live off of $100M+ for his short career, let alone his lifetime? No, this is about absolute, inexcusable stupidity and arrogance. Needing to buy a plethora of hot shot luxury cars and an absurdly decadent lifestyle. He chose to blow his cash on that lifestyle with his vain, showy personality, so that’s that.

    I feel bad for people who really get swindled, like Madoff-style. Nothing was stolen from this stump head. There are so many worthy charities and causes in this country that could have used $100M...this moron wasted it to show off and now we’re supposed to point fingers on his advisers and make excuses for him? No thanks.
     
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  4. supafly

    supafly Totally not seeing ghosts PatsFans.com Supporter Weekly Picks Winner

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    Not that this comment will contribute much to the thread, but count me in as someone who isn’t going to feel too badly for him.
     
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  5. varjao

    varjao Experienced Starter w/First Big Contract

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    I believe many sure bet first rounders are already in debt before they even get drafted.
    It should start pre-NFL. Difficult to regulate this on the college level but the degree most of these guys get is a joke, lower grades etc, at least make it obligatory a full semester of some sort of economics for life class for every athlete no matter the sport. When it comes to combine, make it another round of lectures for that selected group of players. And finally they should put something in the CBA about this, if there isn't already, the sample size is significant, too many examples.

    If after all of that the player still blow his money, then mi amigo, so sorry, you're gonna have to work regular jobs like everyone else, good luck.
     
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    Last edited: Jul 24, 2019
  6. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    Me neither. I'm sure hes had dozens of people try to give him sound financial and family planning advice and hes chosen his path.
     
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  7. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    Its baffling more high schools and colleges don't teach basic Money 101 type classes.

    What is interest?
    How do you buy a car?
    What are heath care costs? When should I think about setting money aside for assisted living expenses?
    What is a mortgage? Why refinance? Why do I get these letters in the mail every 6 months telling me my note has been transferred?
    What is a 401k?
    What is the difference vs whole v term life insurance? When is one more appropriate than the other?
    What goes in a last will and testament? What are my beneficiary's tax implications? How do I reduce them?

    Financial life is hard for just regular dudes like us. I can't even fathom what it is like when they have 455 people trying to burn a hole in their wallet.
     
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  8. 1960Pats

    1960Pats PatsFans.com Supporter PatsFans.com Supporter

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    I remember the first time that I met my future father in law. It was a Sunday and he was parked in front of the TV watching the stock prices roll across the screen. He asked me if I wanted to watch football and I said sure, if he didn't mind. That's when he started asking me questions and I had to explain everything to him. He never became a football fan.
     
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  9. mosslost

    mosslost Pro Bowl Player

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  10. Patsfanin Philly

    Patsfanin Philly Pro Bowl Player

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    On a Sunday??? What market was open on Sunday????
     
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  11. XLIX

    XLIX Veteran Starter w/Big Long Term Deal

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    The, uh, Las Vegas Sporting Events Exchange is open on Sundays.
     
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  12. Triumph

    Triumph Pro Bowl Player

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    What is bankruptcy
    What is a condom
    What happens when you breach a contract
    What if I can't play football when I am 50
    What does an eviction notice look like
    Why do County Sheriffs knock on front doors at 3:00 in tbe morning to serve papers
    What if Mercedes comes out with a new model but I already have 5 other Mercedes
     
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  13. SEA_Pat

    SEA_Pat Rotational Player and Threatening Starter's Job

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    ... to have wasted the rest.
     
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  14. Clonamery

    Clonamery PatsFans.com Supporter PatsFans.com Supporter

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    I had an economics class (elective) as a junior in high school (Nashua) that taught all the basics including how to do your taxes. Probably the best class I took.
     
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  15. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    I also went to HS in NH and iirc (30 years ago) taught some level of personal banking/finance but not a 10th of what people need to know.
     
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  16. Clonamery

    Clonamery PatsFans.com Supporter PatsFans.com Supporter

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    True. Something was better than nothing though.
     
  17. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    Agree.
     
  18. Triumph

    Triumph Pro Bowl Player

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    Where in NH?
     
  19. robertweathers

    robertweathers PatsFans.com Supporter PatsFans.com Supporter

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    The one and only epicenter of culture and diversity also known as Kingston, NH where we have 2 pizza places and 2 gun shops.
     
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  20. 203Pat

    203Pat In the Starting Line-Up

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    I feel so sorry for him. Apparently AP had an extravagant 30th birthday party. He paid for 320 people’s first class plane tickets and hotel rooms. He had a throne built and a giant humidor and a bunch of strippers. He topped it all off by announcing he was having his 8th kid.


    Barstool Sports
    [​IMG]
     
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