Originally posted by 2002jack
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Originally posted by SD/MN Ball View PostJust for fun:
If Oscar invests only $1 million of his dollars at age 20 and looks at his account at age 40 with a 10% return its worth $7+ million. At age 60 its worth $53+ million. Generational money IF done correctly.
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Originally posted by GoJacks2011 View PostSounds like Iowa St and Purdue got into a bidding war over Cluff and that he's going to get north of $2 million. That is insane. I'm liking the idea more that high major schools who poach players have to pay mid major schools. Something has to change.
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That kind of money kills the need for college stars to leave early and take their chances getting into the NBA. College basketball is becoming more professional than the NBA and its development league.
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Originally posted by Jackrabbit2012 View Post
I agree you can't turn that down, but this is ridiculous that college sports have turned into bidding wars where the players just go to the school who pays them the most. This should be about attending college and representing your school. What we have now is just professional sports, but they make you go to class to stay eligible. Why not just make a new organization similar to the G-league where you have to be a certain age to play, since these kids could obviously care less about their school or education.
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Originally posted by MontanaRabbit View Post
There has been a lot of talk on this site about money not being everything. That is life changing money.
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Just for fun:
If Oscar invests only $1 million of his dollars at age 20 and looks at his account at age 40 with a 10% return its worth $7+ million. At age 60 its worth $53+ million. Generational money IF done correctly.
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Straight CASH homey! For all of us working stiffs, $100k would be a great life starter at age 20 something. We all know how hard it is to SAVE any amount of money at that early age. I love my Jacks but if it was offered to me at age 20, I'm taking it. I'm investing it and at age 40 when I look at the retirement fund I have nothing but the biggest smile on my face and at age 60 when I look at the retirement fund again I start to giggle. Even $100K is life changing IF done correctly.
assumption made: invest $100K at age 20 (no more contribution ever), 10% return, at age 40 = $700,000. at age 60 it is worth $5+ million. You gotta love compound interest. I think my giggling would be out of control.
I heard Brooklyn is passing up at a minimum of $100K by staying. (Maybe she is getting other money from other sources to make the sting more bearable)
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Originally posted by GoJacks2011 View PostSounds like Iowa St and Purdue got into a bidding war over Cluff and that he's going to get north of $2 million. That is insane. I'm liking the idea more that high major schools who poach players have to pay mid major schools. Something has to change.
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Good to see Peterson is searching for an experienced PG.
The experiment at the end of last season of just having Joe run the point, did not work. I know he can handle the ball, but he's a shooter.
We need another guy similar to Owen, run the offense, stay calm get us into some sets, and knock down the open 3 when it presents itself.
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Sounds like Iowa St and Purdue got into a bidding war over Cluff and that he's going to get north of $2 million. That is insane. I'm liking the idea more that high major schools who poach players have to pay mid major schools. Something has to change.
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Originally posted by salemjack View Post
That should help. Will and his father continue to speak highly of SDSU.
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