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Post by wilkyisdashiznit on Jul 10, 2017 17:22:39 GMT -8
Thompson signed for $350,000, too. Of course, Thompson had less leverage. Watson signed with the Diamondbacks for $250,000 more than Oregon's Tim Susnara, who also went to the Diamondbacks, even though Susnara went 10 rounds before Watson. In fact, Watson received the highest singing bonus for anyone taken after the fifth round from the Diamondbacks. That kind of money is difficult to turn down, especially with no promise of playing time at Oregon State. Exactly. Signing was the opposite of dumb. It was his best bet. Rare you get that kind of dangling carrot. Dbacks really were high on that kid to go that high over slot. A bird in the hand is worth two in the bush. He'd have to improve 6+ rounds of draft position at OSU to improve on that money. Lets say, of that $400K he really sees around $250-$275K after taxes and agent cuts and all that... that is still 5 or more years pay of median salary. If he gets some half-way competent financial advice, $200K of that invested away is really going to help him out in life, and he still gets some money for a nice car and some sweet kicks. Good for you kid. go chase your dream. If he invests $200K, he is on the path toward early retirement. Even if he decides to go to school later, he will still be ahead of where most people are at 15 years his senior.
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Post by obf on Jul 11, 2017 6:22:13 GMT -8
Heck that buys a nice house in most places... How many of us would be way ahead of the game if we had no mortgage payments anymore!
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