Alejandro Villanueva thought he was in the Not For Long league. He was about to turn 27, had never played a regular-season game and had moved to the offensive line from defensive tackle.
https://profootballtalk.nbcsports.co...rnegie-mellon/
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Alejandro Villanueva thought he was in the Not For Long league. He was about to turn 27, had never played a regular-season game and had moved to the offensive line from defensive tackle.
https://profootballtalk.nbcsports.co...rnegie-mellon/
Like this famous Melon?
Hater = Realist
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Sad to see AV waste his $$$ on MBA tuition when he could be securing his financial future by pursuing his rap career or investing in something with lasting value such as GOAT jewelry
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Originally Posted by Steeldude
Like this famous Melon?
Offensive linemen.....brightest position group in football....fact or fiction?
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I would say fact. The OL must know what multiple other players jobs are on each play, their assignment and the assignment's tendencies, plus the usual stuff like snap count, pass or run blocking, down and distance, and the clock.OL are always thinking.
Good for him but let's hope he's investing most of his salary into today's markets ($24 million/4 years or $6 million/year) in ETF/Mutual funds.
Assuming he takes home 1/2 that money over the next four years because of taxes, stays healthy and gets a similar deal to bring his total career earnings to around $48 million ($24 million after taxes).
Say he spends a million of that a year on expenses/fun over the next 8 years and invests the remaining $2 million/year. In 8 years with an initial $1 million investment at 5% he would have just over $21 million by age 35. So assuming he retires, doesn't work another day in his life and lives off that $21 million with an marginal market return of 5% ... assuming he lives to age 95 he still could make/spend just over a $1 million per year.
Of course these are all rough numbers done on a 401K calculator so there is a small margin of error but again this is assuming only a marginal 5% return on investments (it could be higher and lifetime markets are usually 7-8%), and he doesn't work another day in his life (highly unlikely). Say he takes a job as an assistant coach somewhere and pulls in $250K/year (average assistant salary) and works for another 20 years until he's 55. If he puts 1/2 of that away for another 20 years at age 55 he would have about $60 million. Oh and let's not forget he'll still get a military pension since he saw combat, social security, and an NFL pension.
This is why I just laugh when you hear these morons are broke at age 45.
Agreed, which is why I find it so impressive that DHB has saved almost $35million of his salary from football. He cancels his cable, put himself on a budget and I think drives a modest car. Good story here about a few guys that don't spend away their salaries.Good for him but let's hope he's investing most of his salary into today's markets ($24 million/4 years or $6 million/year) in ETF/Mutual funds.
Assuming he takes home 1/2 that money over the next four years because of taxes, stays healthy and gets a similar deal to bring his total career earnings to around $48 million ($24 million after taxes).
Say he spends a million of that a year on expenses/fun over the next 8 years and invests the remaining $2 million/year. In 8 years with an initial $1 million investment at 5% he would have just over $21 million by age 35. So assuming he retires, doesn't work another day in his life and lives off that $21 million with an marginal market return of 5% ... assuming he lives to age 95 he still could make/spend just over a $1 million per year.
Of course these are all rough numbers done on a 401K calculator so there is a small margin of error but again this is assuming only a marginal 5% return on investments (it could be higher and lifetime markets are usually 7-8%), and he doesn't work another day in his life (highly unlikely). Say he takes a job as an assistant coach somewhere and pulls in $250K/year (average assistant salary) and works for another 20 years until he's 55. If he puts 1/2 of that away for another 20 years at age 55 he would have about $60 million. Oh and let's not forget he'll still get a military pension since he saw combat, social security, and an NFL pension.
This is why I just laugh when you hear these morons are broke at age 45.
https://www.cnbc.com/2017/11/10/darr...very-year.html
Smart.
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