Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Who is our #2 RB this year?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="OldSchool101" data-source="post: 1030885" data-attributes="member: 10086"><p>I also wonder with lower tier salaried guys if just getting on a Roster in the meantime becomes paramount. They get Increased long term benefits for each accrued season they are vested. They need only be rostered for 3 games per season to add a vested year</p><p></p><p>Dillon has met 2 key vestment thresholds (3yrs/4yrs) but benefits increase with each accrued season. He needs to be Rostered for 3 games to accrue his 5th season. While that might sound trivial, players begin being awarded benefits now and others kick in with age. Their pension kicks in at 55yrs old.</p><p></p><p>These guys also often participate in dollar for dollar Profit sharing matching and health benefits start much sooner. A 15% dollar for dollar match off salary is about $75K annually if he makes and stays on a roster.. and it’s compounding.</p><p>At 15% return that profit sharing doubled every 5 years forward. Just 2 years paid in now could reasonably be $400K in 7 years, extrapolated</p><p>$1-1.5Mil in 12 years,</p><p>$3-4Mil in 17 years. You probably get my drift it’s exponential.</p><p></p><p>It’s similarly really smart to maximize your vested seasons because his pension will eventually be factored by that.</p><p>That might mean taking $500K or even $1Mil or so less salary now, but could exponentially increase a players long term benefits in the hundreds of thousands over 30+ years of retirement. This doesn’t even take into account if that prove it deal gets you another 2yr deal somewhere etc. Suddenly his Quadzilla Sole Proprietorship is Godzilla size in side investments.</p></blockquote><p></p>
[QUOTE="OldSchool101, post: 1030885, member: 10086"] I also wonder with lower tier salaried guys if just getting on a Roster in the meantime becomes paramount. They get Increased long term benefits for each accrued season they are vested. They need only be rostered for 3 games per season to add a vested year Dillon has met 2 key vestment thresholds (3yrs/4yrs) but benefits increase with each accrued season. He needs to be Rostered for 3 games to accrue his 5th season. While that might sound trivial, players begin being awarded benefits now and others kick in with age. Their pension kicks in at 55yrs old. These guys also often participate in dollar for dollar Profit sharing matching and health benefits start much sooner. A 15% dollar for dollar match off salary is about $75K annually if he makes and stays on a roster.. and it’s compounding. At 15% return that profit sharing doubled every 5 years forward. Just 2 years paid in now could reasonably be $400K in 7 years, extrapolated $1-1.5Mil in 12 years, $3-4Mil in 17 years. You probably get my drift it’s exponential. It’s similarly really smart to maximize your vested seasons because his pension will eventually be factored by that. That might mean taking $500K or even $1Mil or so less salary now, but could exponentially increase a players long term benefits in the hundreds of thousands over 30+ years of retirement. This doesn’t even take into account if that prove it deal gets you another 2yr deal somewhere etc. Suddenly his Quadzilla Sole Proprietorship is Godzilla size in side investments. [/QUOTE]
Insert quotes…
Verification
Post reply
Members online
Pkrjones
Latest posts
I had This Nightmare
Latest: Calebs Revenge
19 minutes ago
Green Bay Packers Fan Forum
2024 3rd round #88 MarShawn Lloyd RB
Latest: OldSchool101
31 minutes ago
Green Bay Packers Fan Forum
Packers Hire New Defensive Coordinator: Jeff Hafley, formerly Head Coach, Boston College
Latest: Sanguine camper
32 minutes ago
Green Bay Packers Fan Forum
Breaking Down the NFC North, 2024
Latest: Dantés
Today at 5:52 PM
Green Bay Packers Fan Forum
M
Who Will Start?
Latest: mradtke66
Today at 5:23 PM
Green Bay Packers Fan Forum
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Who is our #2 RB this year?
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top