Rich Paul says $3.2 million is “a lot of money” and too many NBA players cut themselves short because of ego
“They should go away from this ‘minimum and maximum contract.’”
“It’s like $3.2 million.”
“That’s a lot of money for just a regular job.”
“People don’t understand that.”
“If you can make that for three years or five years on your way out…”
“When you finally understand what money actually is…”
“And what to do with it…”
“Your family is finally settled.”
“You’re living in a house that you’ll probably live in for the rest of your life.”
“If you can catch two or three extra years at the end…”
“Guys are cutting themselves short based upon ego and attitude.”
“Then they wonder why.”
Rob Gronkowski says he lived off $50,000 as an NFL rookie because he understood the NFL meant "Not For Long"
"My agent gave me a $50,000 advance for what's going to come in the marketing world for myself. I just had to pay him back within the first $50,000 I made"
"I was able to purchase my first car, which was a 2008 Escalade, and then to be able to pay rent once I got to New England. And then from there on out, I really didn't need any other money"
"I was getting free meals at the facility. I just kind of needed gas money. You go out, the drinks are free or you pay for one, you get 10 free when you're when you're on the Patriots up in the Boston area"
"So I wasn't really spending much money at all, especially when it got to the season. I mean, you're inside that building and everything's handed to you on a daily basis from breakfast all the way to dinner"
"I just lived off my marketing dollars. I was living a low-level life. I had a condo with a roommate that was on the team as well. We're paying $1,500 a month in rent while in the NFL"
"I was very frugal and that's how I got away with it. Not having any lavish purchases, the first couple years in the league and just banking away what I was making because I truly understood that the NFL stands for not for long"
The transfer portal rules to save college football.
1 transfer for all.
If your Head Coach leaves for another school, you get a free transfer.
2 transfer windows:
-1 after spring ball
-1 after the National Championship Game
If you decide to transfer a 2nd time and your coach has not left, you have to sit out a year.
Eliminates student athletes playing for 4 schools in 5 years, allows them to have a Home when they graduate and connect with their community and the fans in a deeper way.
Allows proper development for Student athletes and accountability for Coaches to stay honest in their recruitment and plan for development for their players.
Allows flexibility for student athletes to enter the transfer portal after the spring or after the season to make the best decision for themselves without feeling trapped.
Teaches student athletes to make the right decision when picking a school and a coach to play for and fight through adversity when being coached hard to be the best they can be.
-Signed
The People’s Commissioner
NEW: Nick Saban detailed how much Alabama’s NIL collective spent every year for the past five years in Wednesday’s hearing about the Protect College Sports Act.
(via CommerceRepublicans/TT h/t @walexander)
https://t.co/n91REfdssH
Reminder athletes, read the fine print before signing revenue or NIL deals. Having proper representation will help not leave money or rights on the table for you.
Building a trust of relationships with professionals that care and value your interests will benefit your career.
NEW: Florida Governor Ron DeSantis has signed Senate Bill 178 (Teddy Bridgewater Act) into law.
Allowing middle and high school coaches to use up to $15k of their own funds to support student-athletes with food, transportation and recovery services.
Read: https://t.co/fI81dY4v11
The NIL market for college basketball is now up 65% from last offseason. And there's a certain player type that's being overpaid.
Read my full analysis of this year's NIL market trends 👇
https://t.co/tQmGyvFvyN
The NCAA is exploring a significant change to its eligibility rule, sources tell @YahooSports. The proposal creates an age-based standard: Athletes would have 5 years of eligibility from their 19th birthday or HS graduation.
No redshirts or waivers.
https://t.co/8QEC4GNvZe