Why does an athlete need $30m instead of $20m?

[ABQCOWBOY]

A DANCE-OFF!!!

Stop it! You know that a dance off would just be me taking advantage of you. I don't think a dance of is the answer mate.

 

[CyberB0b]

Why don't you give back 1/3 of your salary?

 

[ABQCOWBOY]

You don't think as big and physical as they are they aren't risking their lives? I mean you have to at least admit they are doing far more than sitting in a office signing checks though right?

I think that if they are risking life in the process, it's through the use of substances that they really shouldn't be using, more then anything. No, I think the game has evolved to the point that there is little risk of death in the actual game itself. I think that there was a time but I think most of that has been legislated out of the Modern NFL.

JMO

 

[408Cowboy]

Not another Dak thread - but someone please explain to me, from the perspective of a pro athlete, just what makes $30 million/year so badly necessary more than $20 million/year?

Yes, I know, more is always better. Yes I know, inflation. But there is virtually nothing you can want with $30 million/year that you couldn't have with $20 million/year, especially considering that there is no state income tax in Texas (unlike, say, an athlete in California or New York). You want big mansions? You got 'em - you can buy several every year. You want Lamborghinis, Ferraris, Porsches, Corvettes, Bugattis, Maseratis? You can buy a dozen each year. You want hordes of women flocking to you? Well, you would have had that with even just $2 million a year, let alone $20 million. You want to send your kids to private school, make sure your family is financially set for life? Again, you sure don't need an income of $30 million a year to do that.

This isn't even taking into account the fact that many such athletes are making plenty of money on the side through advertisements, endorsements, and other ancillary income.

Where I'm going with this is: The difference between $20 million/year and $30 million/year is virtually nil for a pro athlete - either way, he's positively bathing in wealth. But it makes a big difference to a pro team's salary cap, on the other hand. The $10 million difference could mean the difference between an NFL team being able to sign additional talent that could propel them over the top, or not being able to.

Is it simply about "Such-and-such an athlete got so-and-so much, so I want just as much?" Or, "I want to be THE highest paid so I can feel like No. 1?"

Maybe the third time's a charm so here we go.

@Red Dragon Would you take a third less than you've earned in your life?

 

[OmerV]

But this fails to recognize talent and skill at any given craft. People who have a higher level of Talent and Skill are compensated for that. Those who do not have that level usually get paid less. There is no standard going rate for athletes because those two things, among others, create variance. Players don't negotiate down as you are giving example for above, as a rule. There is negotiation and it does result in more or less but players normally get paid what they are worth IMO. The problems is that we are treating salaries as if there is a template and players, regardless of skills or experience just automatically qualify to get whatever price the last highest paid guy got. I don't really agree with that type of rational.

JMO

I didn't mean it to come across as if I was saying everyone has the same market value, I was just saying everyone wants to be paid in line with their particular market value is. And yes, talent does factor into what each player's market value is, as does results (stats, wins etc) and whatever other criteria a team may use. And no, there isn't an exact dollar amount that goes with players with similar skills or results, but neither is there an exact dollar amount that goes with a janitor or teacher or engineer. The idea I meant to convey is that there is a range that fits with what a player has shown in relation to what others have shown and been paid, and that players expect to be paid within that range. As with any negotiation, the key is in narrowing down that range to a point both sides can agree.

 

[cowboy_ron]

Because Whataburger sold out to a Chicago based investment group........need the extra 10M for possible price increases.

 

[ABQCOWBOY]

I didn't mean it to come across as if I was saying everyone has the same market value, I was just saying everyone wants to be paid in line with their particular market value is. And yes, talent does factor into what each player's market value is, as does results (stats, wins etc) and whatever other criteria a team may use. And no, there isn't an exact dollar amount that goes with players with similar skills or results, but neither is there an exact dollar amount that goes with a janitor or teacher or engineer. The idea I meant to convey is that there is a range that fits with what a player has shown in relation to what others have shown and been paid, and that players expect to be paid within that range. As with any negotiation, the key is in narrowing down that range to a point both sides can agree.

No, no, I never thought that this is what you were saying. I was simply trying to make a point that while the market does set value, not all players are created equally, in terms of what the market might pay. I.E., you can't take the approach that because player x got 20 mil on the last max contract, free agent Y will now get paid 21 because he's next in line. That's not how the market works, as I am sure you know.

 

[conner01]

Not another Dak thread - but someone please explain to me, from the perspective of a pro athlete, just what makes $30 million/year so badly necessary more than $20 million/year?

Yes, I know, more is always better. Yes I know, inflation. But there is virtually nothing you can want with $30 million/year that you couldn't have with $20 million/year, especially considering that there is no state income tax in Texas (unlike, say, an athlete in California or New York). You want big mansions? You got 'em - you can buy several every year. You want Lamborghinis, Ferraris, Porsches, Corvettes, Bugattis, Maseratis? You can buy a dozen each year. You want hordes of women flocking to you? Well, you would have had that with even just $2 million a year, let alone $20 million. You want to send your kids to private school, make sure your family is financially set for life? Again, you sure don't need an income of $30 million a year to do that.

This isn't even taking into account the fact that many such athletes are making plenty of money on the side through advertisements, endorsements, and other ancillary income.

Where I'm going with this is: The difference between $20 million/year and $30 million/year is virtually nil for a pro athlete - either way, he's positively bathing in wealth. But it makes a big difference to a pro team's salary cap, on the other hand. The $10 million difference could mean the difference between an NFL team being able to sign additional talent that could propel them over the top, or not being able to.

Is it simply about "Such-and-such an athlete got so-and-so much, so I want just as much?" Or, "I want to be THE highest paid so I can feel like No. 1?"

Why don’t you take less than what your company pays you?
They are like anyone else
They want all they can get
I know I have to intentions of offering money back to my company

 

[DuncanIso]

30 million is 15 million after taxes, atty fees, etc.

20 million is 10 million... Etc etc

 

[CouchCoach]

Because Whataburger sold out to a Chicago based investment group........need the extra 10M for possible price increases.

Got some reeeeeeeaaaaaal unhappy Texans down here about that too.

 

[ABQCOWBOY]

Why don’t you take less than what your company pays you?
They are like anyone else
They want all they can get
I know I have to intentions of offering money back to my company

Well, to be fair, some employees do take less. For example, if you are getting reorged and the option is to either take less money or see your job go elsewhere, employees are often willing to take less. I mean you want a job and a job is better then no job at all so that does happen on occasion.

 

[Hardline]

The size of the contract is a status symbol..

 

[ABQCOWBOY]

The size of the contract is a status symbol..

It is, it's true. It's funny though, the guy who never demanded to be paid top dollar never cared about that. Brady never worried about it because he knew he was the best I guess.

One thing is for sure, the Beave would have know how to solve this thing.

 

[jday]

Not another Dak thread - but someone please explain to me, from the perspective of a pro athlete, just what makes $30 million/year so badly necessary more than $20 million/year?

Yes, I know, more is always better. Yes I know, inflation. But there is virtually nothing you can want with $30 million/year that you couldn't have with $20 million/year, especially considering that there is no state income tax in Texas (unlike, say, an athlete in California or New York). You want big mansions? You got 'em - you can buy several every year. You want Lamborghinis, Ferraris, Porsches, Corvettes, Bugattis, Maseratis? You can buy a dozen each year. You want hordes of women flocking to you? Well, you would have had that with even just $2 million a year, let alone $20 million. You want to send your kids to private school, make sure your family is financially set for life? Again, you sure don't need an income of $30 million a year to do that.

This isn't even taking into account the fact that many such athletes are making plenty of money on the side through advertisements, endorsements, and other ancillary income.

Where I'm going with this is: The difference between $20 million/year and $30 million/year is virtually nil for a pro athlete - either way, he's positively bathing in wealth. But it makes a big difference to a pro team's salary cap, on the other hand. The $10 million difference could mean the difference between an NFL team being able to sign additional talent that could propel them over the top, or not being able to.

Is it simply about "Such-and-such an athlete got so-and-so much, so I want just as much?" Or, "I want to be THE highest paid so I can feel like No. 1?"

What you seem to be overlooking here is the agents role in all of this. It's not the player banging his fist on the table for more money...it's the agent. When these players say they have people that take care of that and they are going to let them do their job, they aren't lying. And the agent gets a percentage of whatever the player gets.

So to answer your question, no there really isn't that big of difference to the player. But the difference to the agent is massive. The money the agent gets on that transaction aside, if he gets that deal for Dak, other players are going to want him as their agent. That's how these agents market themselves...through the deals they get for their players.

And that is what it is all about...

 

[GimmeTheBall!]

I once sper

Because you would, too, if you were in their position.

They care about money way more than winning. Just like you would, too.

And it's not as much money as you think it is. Scottie Pippen blew through $100+ million. So did Antoine Walker, Allen Iverson, and dozens of other guys.

$20 million is not much money if you're living the high life. You'll blow through that in a couple of years.

I van relate to Pippen. I once spent $270 my IRS return in 2 days.

 

[GimmeTheBall!]

What you seem to be overlooking here is the agents role in all of this. It's not the player banging his fist on the table for more money...it's the agent. When these players say they have people that take care of that and they are going to let them do their job, they aren't lying. And the agent gets a percentage of whatever the player gets.

So to answer your question, no there really isn't that big of difference to the player. But the difference to the agent is massive. The money the agent gets on that transaction aside, if he gets that deal for Dak, other players are going to want him as their agent. That's how these agents market themselves...through the deals they get for their players.

And that is what it is all about...

A timely reminder, jday!
Often we picture the athlete playing hardball at negotiations. That's is so incorrect.
Welcome back, JDay!

 

[charron]

Because he can get it. Don't blame the player for taking money the owners give them. Blame the owners for offering it.

 

[Sarge]

Not sure if this is a trick question or not but put me down for 30 million.

 

[Bleu Star]

Not another Dak thread - but someone please explain to me, from the perspective of a pro athlete, just what makes $30 million/year so badly necessary more than $20 million/year?

Yes, I know, more is always better. Yes I know, inflation. But there is virtually nothing you can want with $30 million/year that you couldn't have with $20 million/year, especially considering that there is no state income tax in Texas (unlike, say, an athlete in California or New York). You want big mansions? You got 'em - you can buy several every year. You want Lamborghinis, Ferraris, Porsches, Corvettes, Bugattis, Maseratis? You can buy a dozen each year. You want hordes of women flocking to you? Well, you would have had that with even just $2 million a year, let alone $20 million. You want to send your kids to private school, make sure your family is financially set for life? Again, you sure don't need an income of $30 million a year to do that.

This isn't even taking into account the fact that many such athletes are making plenty of money on the side through advertisements, endorsements, and other ancillary income.

Where I'm going with this is: The difference between $20 million/year and $30 million/year is virtually nil for a pro athlete - either way, he's positively bathing in wealth. But it makes a big difference to a pro team's salary cap, on the other hand. The $10 million difference could mean the difference between an NFL team being able to sign additional talent that could propel them over the top, or not being able to.

Is it simply about "Such-and-such an athlete got so-and-so much, so I want just as much?" Or, "I want to be THE highest paid so I can feel like No. 1?"

Why is the sky blue?

 

[JohnBoy]

For the same reason you'd want $75k per year instead of $50k per year.