cncchris33
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This. If their parents were Economics majors, then this.Do they have parents with access to the internet? Then they will go with the 500k. Because compound interest.
This. If their parents were Economics majors, then this.Do they have parents with access to the internet? Then they will go with the 500k. Because compound interest.
You’re lucky if you get 1% interest on the average savings account. Obviously investing is a different story. Student loan rates are usually at least 5%, and yet kids all over America routinely accrue 25, 50, or 100k in debt when they could go to school elsewhere for a few thousand bucks or even free.Do they have parents with access to the internet? Then they will go with the 500k. Because compound interest.
Because even a small percentage of the elite high school players make it to the NFL and stick long enough to see a second contract. The difference in $100k and $500k is also an excellent insurance policy against potential injury.You’re lucky if you get 1% interest on the average savings account. Obviously investing is a different story. Student loan rates are usually at least 5%, and yet kids all over America routinely accrue 25, 50, or 100k in debt when they could go to school elsewhere for a few thousand bucks or even free.
100k vs 500k is an extreme example, but it’s 20% vs orders of magnitude in debt that people accrue. On top of that, the players who stand to get really big deals are likely counting on the NFL anyway. What difference does a hundred or two thousand make if you think you’re going to be making millions in a few years? Even small NIL deals are enough to make these kids feel like high rollers on campus.
How much proof do you need that people like money…… why do you think so many leave for the nfl early and skip bowl games?
Neither one of us has evidence of that…..look at all the players that were paid off to attend schools in the past….. Cam Newton is a prime example taking 250,000 to go to Auburn…. I doubt anyone would turn down 250,000 bc of Fisher, facilities, win over Bama or anything else.We are talking about recruiting. So prove that money is the most important thing to a recruit. Like Nolen committing to TAMU. Prove its money and has nothing to do with Fisher, the fact they beat Bama, their facilities, relationships with family, the fact that they may win the SECW or the infield success. Yes see the actual evidence instead of conjecture.
I dont know what a lot of money is, so, I cannot opine.Funny. I've made a lot and I care less about it now than at any time in my life.
Cam also had his dad acting as his de facto agent. A lot of parents have notions about their kid following their dreams and whatnot. We can sit here and talk about the practicality of taking a big deal in the abstract, but these are highly emotional decisions. Again, the comment that’s been sparking these debates is “NIL money is all that matters” which is categorically false.Neither one of us has evidence of that…..look at all the players that were paid off to attend schools in the past….. Cam Newton is a prime example taking 250,000 to go to Auburn…. I doubt anyone would turn down 250,000 bc of Fisher, facilities, win over Bama or anything else.
Neither one of us has evidence of that…..look at all the players that were paid off to attend schools in the past….. Cam Newton is a prime example taking 250,000 to go to Auburn…. I doubt anyone would turn down 250,000 bc of Fisher, facilities, win over Bama or anything else.
Cam also had his dad acting as his de facto agent. A lot of parents have notions about their kid following their dreams and whatnot. We can sit here and talk about the practicality of taking a big deal in the abstract, but these are highly emotional decisions. Again, the comment that’s been sparking these debates is “NIL money is all that matters” which is categorically false.
Where’s your evidence that it isn’t about money or in todays terms, NIL deals? You have to be living under a rock to think a higher ranked kid isn’t looking out for his immediate future.So I am glad you admitted how dumb your statement was. You bring up Newton. Again using conjecture. You just assume it was the money that was the major reason. But you don’t know for sure.
Do people always take the highest-paying job available, regardless of the company, the hours, their boss, their colleagues, etc.? Do kids (whether they are or aren’t athletes) always go to the school that will cost least or give them the most financial aid? The answer in both cases is no. Money is a factor among other factors. No more, no less.
Say you’re eighteen and playing football is your dream, and you visit two schools. The first one you like the coaches well enough, their program is in good shape, good facilities, decent location.
The second school you LOVE. You jive with the head coach and your potential position coaches. The facilities are on par or better than the first school. You adore the campus and location, plus your cousin Gerald can come watch you play, and you haven’t seen him much since he moved away from home.
Now say the first school can get you a half-million NIL deal. The second is gonna get you 100k, which is still a mind-boggling amount of money to your young brain.
Which you going with?
Really, because I know people who’ve taken huge pay cuts to work at a certain company and parents whose kids have opted to accrue student loan debt to go to a school they loved when they could have gotten the same education elsewhere. Choosing where to go to college is an extremely emotional decision. These kids are way less jaded and calculating than many of y’all seem to think, although the Zoomers probably are more practical as a rule than any generation since Silent or Greatest.
OSU won a NC in recent history and fielded teams that were very close to winning one with Fields. They are certainly capable of fielding a team that can win one in a 4 year stretch. For the record I despise OU even more than Georgia or Florida.I can see a kid looking over us to play somewhere else in the SEC with a hot program like GA or AL, but OSU? There's the SEC and then there's everybody else. You want to win a natty, play in the SEC. Oklahoma, OSU, Clemson, Oregon, Michigan, ND all get to have some conversation every year about "are they good enough?" but they all fade away or get blown up in the NC game by the SEC. OSU is a solid choice if you're looking to secure a 2nd place trophy.
It is a small percentage of people that would take the most expensive option. Unless you were already financially stable off then the most likely answer is “No”.Really, because I know people who’ve taken huge pay cuts to work at a certain company and parents whose kids have opted to accrue student loan debt to go to a school they loved when they could have gotten the same education elsewhere. Choosing where to go to college is an extremely emotional decision. These kids are way less jaded and calculating than many of y’all seem to think, although the Zoomers probably are more practical as a rule than any generation since Silent or Greatest.
OSU won a NC in recent history and fielded teams that were very close to winning one with Fields. They are certainly capable of fielding a team that can win one in a 4 year stretch. For the record I despise OU even more than Georgia or Florida.