Ty Law

[juny]

I have no problems with Ty leaving. All part of the business with the salary cap in place. I don't blame him for going as much money as possible either. Football players are more prone to career ending injuries and with non-guaranteed salaries (except for signing bonus) their income could suddenly come to a halt. I'll always remember him owning Peyton in the playoffs. He also did very well against Peyton in the KC vs IND game, although the rest of KC played poorly.

 

[SoCalPatsfan90]

The only real reason the players go after big paychecks, is because they are just the same version of broke most americans are. Just at a higher level. If anyone of them came into the league with a good financial understanding, and background, none of them would need to make more then a couple of mil a year (if even that much).

Most of them have NO real retirement plans, so all the millions of dolalrs they get, end up going into houses and cars and lavish life styles. Not really at all into small investments and things of that nature.

If any one of them would take 1 year and just put 975k away into good investments... and NEVER add to it again... In 20 years if they were to get 12% (very easy to do as an average over that long term), that 975k turns into 10,374,868.29$

Think they could live on 10 mil properly after retirement? Hell even after to years it's worth 3,180,486.85$. I'm damn sure I could live on that properly and never really have to work again. 8% of that, if they could live on 8% of that 10 year investment, thats over 250k a year...

So if he left for money to "feed his family" then he needs to learn how to handle money and not rely on huge contracts, because those will disappear.

 

[Deus Irae]

Once you've made enough money to provide for your family for 3 generations, your choices are no longer about money unless you have become someone who defines his self-worth by the size of his wallet.

Yeah, once you make [arbitrary amount of money] then you should let the owners keep as much of their money as possible, man those guys need it because Bob Kraft needs to eat.

Hey, great job quoting me and then not saying anything even remotely close to a valid response to it. Whether you admit it or not, there's only so much money you 'need' for your life, even if you wish to live well. Once you've got your family covered well into the future, the "need to feed my family" line becomes a steaming pile of crap. Bill Gates doesn't need to Make $150 million rather than $149 million in order to feed his family, and the same rule applies to a Pro Bowl NFL player on his third contract. The decisions then become a matter of lifestyle/location/team, etc., rather than cash, unless the player ties his ego into his wallet. In Law's case, cash = contented ego. And, for the record, this is true of a lot of NFL players, and it's something that they freely admit to. This is, in fact, one of the main reasons we see the sort of phantom contract that Clements got from San Francisco last season.

None of this has anything to do with the owner but, then again, you already knew that.