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Former Packer tells tale of after football
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<blockquote data-quote="SoonerPack" data-source="post: 587271" data-attributes="member: 9838"><p>This is a tough one because I do have compassion for people who find themselves in difficult situations but more time than not these situations seem to be self inflicted. These men know what they are signing up for and the fact that you are going to end up with a wrecked body is and has been common knowledge for some time now. The money side of things is another deal all together. Many of these young men come from very humble backgrounds and when you all of the sudden have hundreds of thousands (sometimes millions) of disposable income I can only imagine the temptations that run through their respective heads. I don't want to go too far into social commentary but I do feel this many times is a direct reflection of the current state of the family in this country. More times than not these athletes come from a home that had no father there to raise, teach and rear them. Mom is often gone working multiple jobs to keep a roof over head and food on the table. The streets themselves raise these young men too often and we all know that is a recipe for disaster most times. The family as we used to know it has sadly vanished from the inner cities and that is a shame and honestly breaks my heart. I consider myself one of the lucky ones as my folks have been married for 40+ years now and gave my sister and I ever opportunity they could to allow us the chance to succeed. Again, I am not saying these young men have zero culpability in their financial demise but when you look at the big picture you can easily see how the end result was almost inevitable. The other factor(s) is the fact that these players have hangers on and many times slime ball agents that could care less about these men and simply see them as a means to their financial freedom. I have done pretty well for myself but I have many friends that have done considerably better. For the life of me I can't comprehend bleeding one of my friends dry when they are the ones putting in the work that earned them the massive checks they take home. I wasn't the one cramming for that Calculus final, they were. I wasn't the one that didn't go to the party rather staying home to study all night for a mid-term, they were. THEY earned what they have and who the hell am I to act as if because we are great friends they somehow have this duty to provide for me and my well being. I understand that many of these hangers on have absolutely nothing but for crying out loud put the blunt and PS3 remote down and get a friggin job and quit bleeding your "boy" dry. Like I said this is a topic that has many layers to it and no matter how you look at it or what your view is you have to feel bad in some way for these young men that put their bodies on the line for our entertainment every week. I know the NFL and even some colleges offer financial courses but I think to myself surely there is more that can be done to make sure these stories surface less often. This could also prove to be tricky because you can't just forcibly take someone money and make them put X amount in savings but there has to be some sort of way to provide more long term stability for the players. Maybe 5-10% of each check could go into a retirement fund that can't be touched for X amount of years after leaving the league. Low to moderate risk investments that will provide a modest but predictable return. I think that if you would implement this from day one of their rookie contract most if not all players would not even notice the money missing as game checks are going to be so much bigger than any check these guys have ever seen. I am just brainstorming but certainly there are much smarter people than I with considerable experience in wealth management at the league's disposal that could come up with a system that promotes long(er) term stability for the players. With all of this being said maybe the league already has systems like above in place but I don't know if that's the case. Have a great day everyone and if you are work do your best today and build on a better tomorrow by going the extra mile. GPG!</p></blockquote><p></p>
[QUOTE="SoonerPack, post: 587271, member: 9838"] This is a tough one because I do have compassion for people who find themselves in difficult situations but more time than not these situations seem to be self inflicted. These men know what they are signing up for and the fact that you are going to end up with a wrecked body is and has been common knowledge for some time now. The money side of things is another deal all together. Many of these young men come from very humble backgrounds and when you all of the sudden have hundreds of thousands (sometimes millions) of disposable income I can only imagine the temptations that run through their respective heads. I don't want to go too far into social commentary but I do feel this many times is a direct reflection of the current state of the family in this country. More times than not these athletes come from a home that had no father there to raise, teach and rear them. Mom is often gone working multiple jobs to keep a roof over head and food on the table. The streets themselves raise these young men too often and we all know that is a recipe for disaster most times. The family as we used to know it has sadly vanished from the inner cities and that is a shame and honestly breaks my heart. I consider myself one of the lucky ones as my folks have been married for 40+ years now and gave my sister and I ever opportunity they could to allow us the chance to succeed. Again, I am not saying these young men have zero culpability in their financial demise but when you look at the big picture you can easily see how the end result was almost inevitable. The other factor(s) is the fact that these players have hangers on and many times slime ball agents that could care less about these men and simply see them as a means to their financial freedom. I have done pretty well for myself but I have many friends that have done considerably better. For the life of me I can't comprehend bleeding one of my friends dry when they are the ones putting in the work that earned them the massive checks they take home. I wasn't the one cramming for that Calculus final, they were. I wasn't the one that didn't go to the party rather staying home to study all night for a mid-term, they were. THEY earned what they have and who the hell am I to act as if because we are great friends they somehow have this duty to provide for me and my well being. I understand that many of these hangers on have absolutely nothing but for crying out loud put the blunt and PS3 remote down and get a friggin job and quit bleeding your "boy" dry. Like I said this is a topic that has many layers to it and no matter how you look at it or what your view is you have to feel bad in some way for these young men that put their bodies on the line for our entertainment every week. I know the NFL and even some colleges offer financial courses but I think to myself surely there is more that can be done to make sure these stories surface less often. This could also prove to be tricky because you can't just forcibly take someone money and make them put X amount in savings but there has to be some sort of way to provide more long term stability for the players. Maybe 5-10% of each check could go into a retirement fund that can't be touched for X amount of years after leaving the league. Low to moderate risk investments that will provide a modest but predictable return. I think that if you would implement this from day one of their rookie contract most if not all players would not even notice the money missing as game checks are going to be so much bigger than any check these guys have ever seen. I am just brainstorming but certainly there are much smarter people than I with considerable experience in wealth management at the league's disposal that could come up with a system that promotes long(er) term stability for the players. With all of this being said maybe the league already has systems like above in place but I don't know if that's the case. Have a great day everyone and if you are work do your best today and build on a better tomorrow by going the extra mile. GPG! [/QUOTE]
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