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Patrick Peterson gets paid more than Sherman
CuntWaffle
Member Posts: 22,493
in NFL Talk
Kind of, just a longer contract essentially.
http://espn.go.com/nfl/story/_/id/11287261/patrick-peterson-arizona-cardinals-just-having-fun-richard-sherman-feud
He is really puffing out his chest though, I don't know if he will last long.
http://espn.go.com/nfl/story/_/id/11287261/patrick-peterson-arizona-cardinals-just-having-fun-richard-sherman-feud
He is really puffing out his chest though, I don't know if he will last long.
Comments
Life is good for the Hooks.
Yes, guys want to get paid. I absolutely get that. And I'm sure some will tell me I'm full of shit on this stuff.
But the reality is that all of these guys are going to get paid FS money in the grand scheme of things. If you told me that my chances of winning championships is increased if I take say 95% of my market rate and I have an owner with a history of doing everything that he can to provide a winning product and environment, sign me the fuck up because I will end up making money not only with my contract, but also with the number of endorsements that I do both in the short- and long-term because of my name recognition.
Good for Peterson for getting paid. Good for him thinking that he was trying to punk Sherman by throwing the money in his face. Game.Set.Match for Sherman by showing him a picture of his ring.
Results matter.
The people that say they'd take less money are the people that haven't done the math. Let's say you get $50 million. Uncle Sam is taking half. Now you're at 25. Your agent is taking 5 to 10%. And not of the 25, he's taking it off that 50 that you never had. Now you're in the low 20s. Buy a house and a car and you're under 20 million. You haven't spent a penny on anything besides a place to live and transportation.
Look, 20 million is a lot of do re mi. But it ain't 1998. Being a millionaire doesn't mean that much. That money isn't nearly as long as you think it is. And it only takes a couple mistakes and it's all gone. Mark Brunell isn't some dumb ass that blew all his money on hookers, blow and child support. But he still lost it all. You get what you can get while you can get it.
Uncle Sam takes 40% at most - although state taxes can come into play as well. For instance, being in California costs you almost another 10%. You can offset some of the taxes that you owe through charitable contributions either to your college, high school, etc. which you see often from professional athletes.
You are also minimizing what an agent/agency often does for a player. The range of services provided for that 5-10% is far greater than simply showing up, negotiating a contract, and vanishing until needed for the next time a contract negotiation is needed. Generally speaking, an agent/agency is a managed services situation that provides a full array of services and support to said player as needed.
In some ways, you kind of make my point for me. If you're losing 40-60% of your compensation to taxes and fees, going after say an extra $1-2M per year results in less real dollars. What you're basically saying is that the compensation that I forego (as in money in my pocket) then is less as I pursue winning championships.
Again, by no means am I suggesting that players should take substantially lower than market rates to sign their deals. Never have and never would. However, I would say that a smart player SHOULD consider the implications in real dollars of their decision. Take a player that has a market rate of $10M per year. If he signed for 5% less than his market value, he'd sign for $9.5M instead. If you make the simplistic assumption of 50% for taxes and fees, the "take home" pay for that player is $5M versus $4.75M. In this case, the player is making the decision to put extra money into the team pool to increase the likelihood of winning for $250k. And make no mistake, as with anything else, you make a decision as to what is important to you and how you spend your money. To some, spending $250k a year in pursuit of winning championships is an investment that they'd make. To others, they'd rather spend the $250k on something else.
That's what I thought
Mark Brunell is a dumb ass. That's why he lost his money and it's hard to feel sorry for a guy that stupid.