Le'Veon Bell

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  • hawaiiansteel
    Legend
    • May 2008
    • 35316

    Originally posted by Oh wow
    Sure. They are athletes...
    but most of them didn’t get paid serious money.

    and yes, most professional athletes think the money will never end. That’s why you need to get as much as possible.
    Mike Tyson, Boris Becker, Antoine Walker, Allen Iverson and John Daly all made serious money and went broke after retirement.

    if you don't know how to handle money, sometimes it doesn't matter how much you got...

    Comment

    • steelz09
      Administrator
      • Jan 2008
      • 4675

      Originally posted by hawaiiansteel
      Mike Tyson, Boris Becker, Antoine Walker, Allen Iverson and John Daly all made serious money and went broke after retirement.

      if you don't know how to handle money, sometimes it doesn't matter how much you got...
      Yup..... It happens all the time. Some of these guys get taken advantage of and some of them are just plain dumb. Many of them are both.
      Tomlin: Let's unleash hell and "mop the floor" with the competition.

      Comment

      • Oh wow
        Hall of Famer
        • Mar 2019
        • 2753

        Originally posted by hawaiiansteel
        Mike Tyson, Boris Becker, Antoine Walker, Allen Iverson and John Daly all made serious money and went broke after retirement.

        if you don't know how to handle money, sometimes it doesn't matter how much you got...
        Yup. That why they need to make as much as possible. lol

        Comment

        • Northern_Blitz
          Legend
          • Dec 2008
          • 23985

          Originally posted by steelz09
          Yup..... It happens all the time. Some of these guys get taken advantage of and some of them are just plain dumb. Many of them are both.
          I wonder if the league / each team has a generic fee only advisor.

          Get them in all in a low cost 3 fund portfolio and call it a day.

          Comment

          • Steel Maniac
            Banned
            • Apr 2017
            • 19472

            Originally posted by Northern_Blitz
            I wonder if the league / each team has a generic fee only advisor.

            Get them in all in a low cost 3 fund portfolio and call it a day.

            http://freakonomics.com/?s=Stupidest...y-rebroadcast+
            In the rookie moratorium that they hold after the draft in Los Angeles, the players are introduced to professional financial advisors as well as players like Deion Sanders, Chris Carter and the like advise them on what to do with their money.

            This is done every year, in Los Angeles, right after the draft. Along with the rookies taking their official rookie pictures as well.

            Comment

            • Northern_Blitz
              Legend
              • Dec 2008
              • 23985

              Originally posted by Steel Maniac
              In the rookie moratorium that they hold after the draft in Los Angeles, the players are introduced to professional financial advisors as well as players like Deion Sanders, Chris Carter and the like advise them on what to do with their money.

              This is done every year, in Los Angeles, right after the draft. Along with the rookies taking their official rookie pictures as well.
              I think that's good...provided that the advisor they meet is someone who has a feduchiary responsibility to them and isn't someone peddling the majority of products (most of which are high fee, actively mutual funds that consistently underperform their benchmarks over the long term)

              But passive index investing is one of my hobby horses since it require very little effort and beats all but the unicorn stock pickets in the long run.

              I actually think I heard about it here from someone's offhand comment about Mr Money Mustache. Can't remember who though, so I can't give credit.

              Comment

              • whatever
                Legend
                • Sep 2019
                • 5789

                Originally posted by Northern_Blitz
                I think that's good...provided that the advisor they meet is someone who has a feduchiary responsibility to them and isn't someone peddling the majority of products (most of which are high fee, actively mutual funds that consistently underperform their benchmarks over the long term)

                But passive index investing is one of my hobby horses since it require very little effort and beats all but the unicorn stock pickets in the long run.

                I actually think I heard about it here from someone's offhand comment about Mr Money Mustache. Can't remember who though, so I can't give credit.
                I thought that I had heard the advisor is provided by or support by the nflpa
                How is it possible to have the best owner, best front office, best gm, best HC, good/great drafts every year and good FA acquisitions every year, but only have 3 playoff wins in 14 years?

                Comment

                • pittpete
                  Legend
                  • Aug 2008
                  • 6825

                  "Bell made our Oline look better at runblocking"

                  Wow that was funny
                  sigpic

                  Comment

                  • Oh wow
                    Hall of Famer
                    • Mar 2019
                    • 2753

                    Originally posted by pittpete
                    "Bell made our Oline look better at runblocking"

                    Wow that was funny
                    Well our run blocking has been a joke this year so far so keep laughing.

                    We haven’t cracked a hundred yards in a loooong time.

                    Comment

                    • Oh wow
                      Hall of Famer
                      • Mar 2019
                      • 2753

                      Originally posted by Northern_Blitz
                      I think that's good...provided that the advisor they meet is someone who has a feduchiary responsibility to them and isn't someone peddling the majority of products (most of which are high fee, actively mutual funds that consistently underperform their benchmarks over the long term)

                      But passive index investing is one of my hobby horses since it require very little effort and beats all but the unicorn stock pickets in the long run.

                      I actually think I heard about it here from someone's offhand comment about Mr Money Mustache. Can't remember who though, so I can't give credit.
                      I follow MMM. Not sure I ever spoke about it on here.

                      If you watched the 30 for 30 called Broke it gives a good insight to how these athletes get hit from all sides. One guy said the biggest thieves don’t have masks and guns. They wear 3 piece suits. You have family members, wives, friends, all in your pockets.

                      One financial advisor said players don’t want to make 10% every year because it’s boring.

                      Comment

                      • pittpete
                        Legend
                        • Aug 2008
                        • 6825

                        Originally posted by Oh wow
                        Well our run blocking has been a joke this year so far so keep laughing.

                        We haven’t cracked a hundred yards in a loooong time.
                        True fact--->
                        Conner averaged 4.5 yards per carry last year
                        Bell in 2017 averaged 4.0 yards per carry

                        I will agree the runblocking has been suspect this year, but name one thing Conner had last year that he doesnt this year?

                        Let me fix your original statement "Conner last year made our Oline look better at runblocking" LOL
                        sigpic

                        Comment

                        • Captain Lemming
                          Legend
                          • Jun 2008
                          • 15979

                          Originally posted by Oh wow
                          Sure. They are athletes...
                          but most of them didnÂ’t get paid serious money.
                          Rocky Bleier sold his rings.
                          True Rocky never made serious money.
                          Bell? He got paid.
                          Heck in 2017 ALONE he got paid more than AN ENTIRE 70s STEELER ROSTER.......and whined about it.
                          He turned up his nose at more than a 70 Steelers roster worth of money in 2018.

                          Originally posted by Oh wow
                          The guy who caught the helmet pass from Eli wasnÂ’t in the league long after that catch.

                          Get as much as you can while you can.

                          And THATS why you NEVER should pay receivers and backs top money.
                          sigpic



                          In view of the fact that Mike Tomlin has matched Cowhers record I give him the designation:

                          TCFCLTC-
                          The Coach Formerly Considered Less Than Cowher

                          Comment

                          • Steel Maniac
                            Banned
                            • Apr 2017
                            • 19472

                            Originally posted by Eddie Spaghetti
                            actually we offered bell more money and a chance at a ring but he's a dumbass who thought he was gonna break the bank

                            and before the president of his fan club comes in here squawking about guaranteed money, we have a long history of the steelers honoring the type of deal bell was offered. thank baby Jesus he turned it down to bet on himself and lose
                            Boom..............

                            Comment

                            • Steel Maniac
                              Banned
                              • Apr 2017
                              • 19472

                              Originally posted by papillon
                              Bell is a good back. He was better in Pittsburgh because the Steelers had Ben, Brown and a very good O-line whether they were good run blockers or not. Now he's a Jet, they don't have a HOF quarterback, a Brown quality WR or a good O-line. It only makes sense that Bell will struggle, defenses can focus on him without much worry about other weapons. IMO, having him as a Steeler would be nice as part of a RB by committee but his price was too high. He's a good back on a bad team, and with the Steelers he was a good back on a good team which made him look like a great back.

                              Pappy
                              Boom.......

                              Comment

                              • Northern_Blitz
                                Legend
                                • Dec 2008
                                • 23985

                                Originally posted by Oh wow
                                I follow MMM. Not sure I ever spoke about it on here.

                                If you watched the 30 for 30 called Broke it gives a good insight to how these athletes get hit from all sides. One guy said the biggest thieves don’t have masks and guns. They wear 3 piece suits. You have family members, wives, friends, all in your pockets.

                                One financial advisor said players don’t want to make 10% every year because it’s boring.
                                If it was you, thanks.

                                I think the second part isn't unique to football players.

                                We should all take the "easy win" here.

                                Comment

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