"Take care of y'all bread, so when y'all done, you can go ahead and take care of yourself."
Marshawn Lynch used his time at the podium to give advice to younger players 🙏
NFL admits to providing "bad info" to PFT on this; the $150K stipend is a salary advance that must be repaid. For "higher risk" players who opt out, the payment is $350,000, and it is not subject to repayment or recovery.
Players who opt out and collect $150K or $350K stipend this year will owe the money back to the team in 2021 -- whether they make the 53-man roster or not https://t.co/8EHiFZPzzK
Wonder why all the people in his mentions aren’t using the old “they agreed to the CBA” argument against the owners...
...envy and pocket watching is an illness #SportsBiz@_FAME101
Landon Collins is part of the Jimmy Moreland fan club. Loves his potential. Felt he could have had 4 pick-6s last year. Feels high on him because he has that experience now. Can trust himself more.
Use the NFLPA to find credible financial advisors. Interview a few and ask honest, hard questions before you make a decision. Don’t use your uncle’s friend because he claims he can get you 50k on your tax return. (4/5)
You can raise the standard of living for your family (top education for your kids, healthcare, low crime neighborhoods) but you must be PATIENT. Come up with a modest monthly budget, learn + see the power of compound interest as you invest, understand tax implications. (3/5)
My advice to 2020 rookies:
DO NOT SPEND YOUR MONEY. That number you see on your contract is fake. You will pay roughly 40% to 50% in taxes, agent fees, union dues, 401k account + necessary insurance. Also, a large portion of your contract is NOT GUARANTEED. (1/5)
Who remembers when Calvin Johnson had 14 receptions and 329 (!!) receiving yards against the #Cowboys. Megatron was truly a video game player in real life.