Kids are giving up college hoops for second round spots now. There will be 30-40 kids that will go undrafted because there are only 2 rounds in the draft.
Bottom line, many don't care. It seems many of these kids are just rejecting college rather than accepting NBA. Many don't care if they have to play in the D League or overseas. They just don't care folks.
Kids are giving up college hoops for second round spots now. There will be 30-40 kids that will go undrafted because there are only 2 rounds in the draft.
Bottom line, many don't care. It seems many of these kids are just rejecting college rather than accepting NBA. Many don't care if they have to play in the D League or overseas. They just don't care folks.
A professional career in basketball is not a guarantee. An education is something that can't be taken away.I fail to see what problem you're trying to point out here. Having the opportunity to make 6+ figures overseas and feed their families for years to come beats multiple years in College any day.
True but it's also something that can be done at most any age.A professional career in basketball is not a guarantee. An education is something that can't be taken away.
That's true too. But how many will. It took Marvin Williams 10 yrs. Most kids these days wouldn't even try IMOTrue but it's also something that can be done at most any age.
I think GM's are going to like him when they see more, he has an NBA body.
this is an astute observation. the trend in recent years is far more girls than boys enrolling in and/or graduating from college. there is a strong anti-intellectual, anti-education bias in our culture and the idea that what you learn in college has any value other than making a buck has been lost somewhere along the way (among boys anyway)....Bottom line, many don't care. It seems many of these kids are just rejecting college rather than accepting NBA....
Kids are giving up college hoops for second round spots now. There will be 30-40 kids that will go undrafted because there are only 2 rounds in the draft.
Bottom line, many don't care. It seems many of these kids are just rejecting college rather than accepting NBA. Many don't care if they have to play in the D League or overseas. They just don't care folks.
A professional career in basketball is not a guarantee. An education is something that can't be taken away.
Kids are giving up college hoops for second round spots now. There will be 30-40 kids that will go undrafted because there are only 2 rounds in the draft.
Bottom line, many don't care. It seems many of these kids are just rejecting college rather than accepting NBA. Many don't care if they have to play in the D League or overseas. They just don't care folks.
As it's already been pointed out, they can come back whenever they want. The timeframe doesn't and shouldn't matter to anyone. All that matters is if they finish. And that's assuming they even want too. If they make enough money and invest it wisely, they may not even need to attend depending on how good they are and how much they make over their career.
I don't know how others feel, but a College Education is essentially a credential behind your name to help you find a career path in today's society. If these kids do right with the money they earn, they'd be better off than the majority of the people on this board discussing this.
It's not a guarantee, but if the opportunity is there, not considering it would be crazy.
Perfect example K.J. McDaniels, the No. 32 in the 2014 draft, famously accepted the required tender rather than sign long-term with the 76ers. He then signed a three-year, $6,523,127.
You think he cares he was draft in the 2nd round? I know a lot of guys no longer watch the NBA, but the rules have changed on and off the court from the 90s.
http://nba.nbcsports.com/2016/06/21...-get-paid-more-than-first-rounders-this-year/
this is an astute observation. the trend in recent years is far more girls than boys enrolling in and/or graduating from college. there is a strong anti-intellectual, anti-education bias in our culture and the idea that what you learn in college has any value other than making a buck has been lost somewhere along the way (among boys anyway).
Going into debt for the next 20+ years for an education that may not have any impact on your future may be a reason why.
My wife regrets this everyday
I fail to see what problem you're trying to point out here. Having the opportunity to make 6+ figures overseas and feed their families for years to come beats multiple years in College any day.
As it's already been pointed out, they can come back whenever they want. The timeframe doesn't and shouldn't matter to anyone. All that matters is if they finish. And that's assuming they even want too. If they make enough money and invest it wisely, they may not even need to attend depending on how good they are and how much they make over their career.
I don't know how others feel, but a College Education is essentially a credential behind your name to help you find a career path in today's society. If these kids do right with the money they earn, they'd be better off than the majority of the people on this board discussing this.
It's not a guarantee, but if the opportunity is there, not considering it would be crazy.
as far as income potential goes does anyone know whether 1 year in school or 2-3 years in school makes a difference in the real world?
...
The player does not need a college degree if saves his money and invest it wisely. But, the sad thing is that many do not save their money or invest it wisely. But, it can be done!
I agree with a lot of the comments in this thread and that makes me kind of sad. We're breaking down reasons to avoid getting a college degree. Think about that. Long gone are the days when one was admired for going to college. Hell, the NBA and basketball pundits penalize kids for staying in school; as if juggling the rigors of improving yourself intellectually and socially while playing basketball for 4 years is worth nothing. I'll be the first to admit that for much of college, I went through the motions. I had the mindset of a former Tar Heel in that I was just "doing my time". With that said, I learned far more than I had first thought I would or even realized I had until years later. Much of the college experience is about far more than the academic work. It's about growing into an overall, more well-rounded person. And many athletes don't ever do that. And it shows with the way many of them handle their money. It shows in their relationships. It shows in many aspects of their lives. It's no surprise though. Sports leagues don't value having well rounded individuals on their rosters if the illiterate, socially awkward criminal at the other end of the bench can out perform him. So from that perspective, you can't blame that illiterate, socially awkward criminal from skipping out on an opportunity to better himself.
But with respect to some of the numbers we're discussing here, let's use Steat's $600k example. That seemed a little too simple for me. IMO, that $600k isn't really going as far as some of y'all think it is. These dudes have agents that are going to get theirs. They have other hidden costs that we don't know about - they don't even know about them until it's too late. And many of these guys come from homes where when you got your hands on some money, you spent it before a bill collector showed up at the door. And being that they might have left school before learning something as simple as budgeting, I bet many guys that play overseas end up living paycheck to paycheck. That's ok. My family lives paycheck to paycheck. But there are basketball leagues around the world and they're not all offering the glamourous life. But it's not all bad news. Throughout the last 30-40 years as sports have really grown, smarter athletes have realized that even if they don't make it as a player, there are many opportunities for a life close to the game where they can leverage their experience. It's saved a ton of these guys who have flamed out and most likely were ill prepared for a life in any other well paying industry.
Oh yeah, I like PJ Dozier's game.
where in europe are you going to only pay 100k in taxes, other than switzerland? and don't forget that you are the property of uncle sam and he's going to want his fair share as well.You are correct. The dollar figure is approximately 2 million.
Here is example of a player (20-yr old) playing in Europe for 15-years ($600,000 salary) and retiring at age 35. If he invest 2 million in a Life Time Income Annuity and does not "touch it" for 10 years, he would be looking at approximatly $200,000 a year for life at age 35.
Here are the figures:
$600,000 annual salary
$100,000 ( minus taxes)
$ 100,000( minus living expenses)
_____________________________
Net $400,000
Bank $400,000 per year for 5 years. After 5 years (age 25), invest the 2M in an annuity. At age 35 start collecting $200,000 for life!
Now, ask yourself this question: Would most of these kids leaving early have at least a decent chance of playing overseas and making some decent money?
The player does not need a college degree if saves his money and invest it wisely. But, the sad thing is that many do not save their money or invest it wisely. But, it can be done!
Pretty sure this is not correct.where in europe are you going to only pay 100k in taxes, other than switzerland? and don't forget that you are the property of uncle sam and he's going to want his fair share as well.
600k annual salary - 300k+ in taxes.
There are much better ways for a young guy to invest his money.You are correct. The dollar figure is approximately 2 million.
Here is example of a player (20-yr old) playing in Europe for 15-years ($600,000 salary) and retiring at age 35. If he invest 2 million in a Life Time Income Annuity and does not "touch it" for 10 years, he would be looking at approximatly $200,000 a year for life at age 35.
Here are the figures:
$600,000 annual salary
$100,000 ( minus taxes)
$ 100,000( minus living expenses)
_____________________________
Net $400,000
Bank $400,000 per year for 5 years. After 5 years (age 25), invest the 2M in an annuity. At age 35 start collecting $200,000 for life!
Now, ask yourself this question: Would most of these kids leaving early have at least a decent chance of playing overseas and making some decent money?
The player does not need a college degree if saves his money and invest it wisely. But, the sad thing is that many do not save their money or invest it wisely. But, it can be done!
I vaguely remember when there used to be many more rounds. When did that stop? Should there be another round? Should the guaranteed money (even if only small amounts) reach deeper into the draft?Kids are giving up college hoops for second round spots now. There will be 30-40 kids that will go undrafted because there are only 2 rounds in the draft.
I've always been underwhelmed by Dozier. Not bad, obviously. But somehow not quite all "there" if you know what I mean. For example, he would sometimes do something really impressive, but usually he seemed to be coasting, and you couldn't count on him to step up when needed.
Maybe some team will figure they can train him to perform at a higher level most of the time. But if not, I don't see him being drafted too high. Not enough motor or BB IQ.
To be fair, I haven't seen him play all that often. So I could be way off.