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YOLO Amahrite NT?
Warren Sapp is broke but at least he still has his Jordans....
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Good.
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The NFL could stand for "Not For Long," with the average career lasting only three years - just enough to qualify for the league's pension plan. The league's plan is based on years of service in the league. Players who retired in the '80s and '90s receive anywhere from $3,000-5,640 per month for every season played in the NFL. Newly retired players receive $5,640 dollars monthlyfor every year of service. Players with 10 years of service receive an additional retirement bonus in the form of an annuity.Originally Posted by RKO2004
Originally Posted by WallyHopp
I heard NFL or NBA pension is like $8,000/ month.
Why can't these dudes just sell off what they got and live a low key life
If you can't live off $96000 a year plus what you made while playing the game that long. You are just doing everything wrong.
Players are eligible to receive their full benefits at the age of 55. While the pension plan is much worse than other sports, the NFL does offer a generous 401(k) plan. The league matches every player's contribution up to 200%. (Housing your retirement plan inside a variable annuity contract offers some big advantages, but only if you are close to retirement. Find out more, in Should Your 401(k) Be In An Annuity?)
Read more: http://www.investopedia.com/financial-edge/0710/Top-Pro-Athlete-Pension-Plans.aspx#ixzz1rZ4zwof4
Pretty sure Sapp played for more then 10 years, but he is not eligible to receive his full benefits
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Smh
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them Js and 300+ pder - tell me what condition you think those shoes are in...stitching probably coming apart everywhere.
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Are NFL players the hardest hit financially when they're done? I know their careers are uncertain with the high cause of injury. But it seems like we hear more about NFL players and money problems more often than NBA, NHL, or MLB.
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Damn sap daddy can't pay his bills. Sad
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Go PanthersOriginally Posted by Young Handsome
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From best to worst
PGA
MLB
NFL
NHL
NFL is the worst to get into because u have to play 3 years to get the min and 10 to get the max. These players need to know how to put money into 401k, because NFL gives 200% when regular companies give 50%
dacomeup
Supporter
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These professional athletes need to stop looking at what they can buy, but rather what can they maintain. Of course you can purchase a multimillion dollar home, but the real question is can you maintain it for years to come.
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Probably see someone bringing his ring into one of the pawnstars episodes
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Probably because, compared to the MLB & NBA, they have the shortest careers and the lowest average salary.
Those guys need to be really cautious.
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This thread is A+ gold
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A+ execution
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Now thats tough
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Truth.
Also, knowing how materialistic this board is, can't say I disagree.
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Hit the nail on the MF head.
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Man these baby mamas are serious business.
Fellas, for the love of wealth and fairness, wrap it up
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^ Word up
I totally forgot this song existed & Ididn'tknow he was actually in the video
