Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
49er's OT Anthony Davis Retires
Something weird is going on there. I have never seen that many players retire in an off season, and young players at that.
0 ·
Comments
Maybe he also had a chat with Patrick Willis and Justin Smith about the costs and benefits of playing on a 2nd deal.
If I had made $37.5 million over 5 years, I'd sure as hell retire after all those injuries. A rough guess would have taxes eating up about $15 mil of that, an agent taking about $2 mil, and an accountant / lawyer taking $1 mil over those 5 years so he would have been left with about $19.5 million (not including any endorsement or advertising deals he may have signed locally in SF.
If he was really smart, he would've put away roughly a quarter of his signing bonus immediately into a balanced / moderate risk portfolio in 2010 (while the S&P was being juiced by ZIRP and QE). Conservatively speaking, his $4 million he'd put away would yield him $200,000 each year (after fees and management fees) in dividends and bond interest payments. If he had done automatic dividend / bond reinvestment, he'd have an extra $1 million in his portfolio.
Specifically, if Davis had put $4 million in an S&P 500 index fund back in 2010, he could book paper profits of about $3.5 million (and enjoyed the growing dividends from the increases in corporate profits).
Not bad...not bad at all.
Take it back...TAKE IT BACK DAMNIT!