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Gus Chiggins
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Gus Chiggins said...
What's more, if the NBA went to an older age limit, I think you would start seeing the elite talents foregoing college to play professionally in other countries anyway. Or even possibly, you could see an alternative domestic league forming or the DL becoming more like a minor league. Currently, the one-and-done players view the NCAA as returning value for a single year. But would they see the same value returned over three years? Probably not. The NCAA value variable is probably more fixed, so an elite player's expanding lost earning potential, injury risks and opportunity costs (i.e. full time commitment to basketball) will eventually vastly exceed the NCAA value.
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Gus Chiggins said...
Actually, that is roughly per year. The 30th picks guaranteed contract last year was roughly $2.7MM.
To give you an idea, a 900K three-year annuity is roughly equivalent to a 210K thirty-year annuity. So, in essence, you would have to make $210,000 per year for the next thrity years to match the value of a three year, 2.7 million dollar contract. Even accounting for taxes, it would probably still be well over $150,000. And this doesn't even consider other professional contracts.
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The_Dude said...
First of all, no shit it is per year. Also, 2.7 mil is not what he would be getting after all taxes.
Then ask yourself, where does he live? Property taxes? Does he have a car? Is he married or have kids yet? What are his expenses?
Bottom line is, that person is not going to be able to put all that money into an annuity. Also, do you even know WTF an annuity is or why people use them? I don't think you do. The ONLY reason a young person would use an annuity is to set it up in an IRA and use a variable one to grow the account until 59 and 1/2.
This post has been edited 4 times, most recently by Gus Chiggins on 6/29/2012 at 2:43 PM
Gus Chiggins
- 5 stars Rating: 95
4532 votes total - The Old Prospector
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Spartyshannon said...
Michael-Kidd Gilchrist just got drafted off his athleticism and being able to defend. His shot is hit or miss. Dawson has the athleticism and rebounding ability. If he improves his defense this season he can be a lottery pick next year without a consistent outside shot. He will get drafted on potential.We would like to keep all our top recruits as long as possible. People need to remember that Dawson has been injured once. It's not unreasonable given his skill set that he could be gone after next season. Parker or no Parker.
This post has been edited 2 times, most recently by mdm2005 on 6/30/2012 at 11:49 AM
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mdm2005 said...
It seems that the longer players stay in college, the lower their chances of being a lottery pick or drafted at all. Both of these guys have NBA aspirations. I don't want to be a selfish fan, but it would be great to see spartans drafted in the first round again.
I'm good with them leaving next year!
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UsedToBeBrad said...
I think Dawson's game is very similar to raymar's. Dawson is a bit smaller, but other than that, what's the difference?
Also, I don't get how you can compare Dawson's freshman year to Raymar's and say one is much better than the other or better suited for the league.
Spartyshannon
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Should Payne and Dawson leave early for the NBA?