Tyron Smith Financial Issues with Family

[DFWJC]

Entitlement? Who's talking about entitlement? If I want to give my money away, I can give it to whomever I want. It's my money.

I'm talking about a personal belief system, not legislation.

In Tyron's case, it sounds to me he was too generous. Those parents didn't deserve a thing from him.

I understand your personal belief system and how YOU would handle this.

In fact, I think the US is one of the very worst nations as far as kids helping their parents. Nowadays, there are kids still clinging their parents teet at age 30 and milking them dry when they should be enjoying a hard earned retirement. In most cultures, the parents often move in with the kids when they are late in life and the kids very often for them til the end. I actually like that. But that is not really our culture, though many still do it.

But that is not what you said when I first replied.

You said HE should give them enough to live better than he does, if they were not bad parents.

These are not old or aging parents who are going to a retirement home, these are people ranging in age from siblings to fairly young parents (late 30s to ealry 40s). He was prepared to help them out even more than he was but they got greedy.

 

[AbeBeta]

So spread that 3.25 million over the next 50-60 years and the guy is making what a school teacher would make unless he invests it very well.

Wow, you think school teachers really rake it in!

 

[DFWJC]

Wow, you think school teachers really rake it in!

That's only 54k a year for 60 years.

But like I said, if that money is invested well, it would be much more.

 

[InDakWeTrust]

That's about 22k more than most young teachers in FL..

 

[DFWJC]

That's about 22k more than most young teachers in FL..

Average salary for a school teacher in Florida--whcch is one of the lowest--is 45.7k.
Average in New York State is 72K


http://www.teacherportal.com/teacher-salaries-by-state/

But look, all someone has to do with 3.25 mil is invest where they get a 5% return and they are getting more than 160k per year forever and without even touching the equity.

 

[AbeBeta]

That's only 54k a year for 60 years.

But like I said, if that money is invested well, it would be much more.

That's above the average in 35 or so states.

and it is 65k if it is over 50 years

 

[FuzzyLumpkins]

Well, perhaps I was raised in a different culture than you that takes care of their parents if they got you to where you are now. It doesn't sound like his "parents" (if you can call them that in this case) did that for him.

In honor of my parents, I try and make it so that my kids want for nothing. To me it's about my legacy and not about what I can get out of my kids.

 

[InDakWeTrust]

Average salary for a school teacher in Florida--whcch is one of the lowest--is 45.7k.
Average in New York State is 72K


http://www.teacherportal.com/teacher-salaries-by-state/

But look, all someone has to do with 3.25 mil is invest where they get a 5% return and they are getting more than 160k per year forever and without even touching the equity.

My sister is a teacher in FL, and my ex was too. And most people who go from a part time job in college to their "career" teaching, does not see their annual salary increase 50-fold. Not including 7 figure signing bonuses.

Right. But, hypothetically if he was a teacher he would have just graduated and living in CA. So, it's highly unlikely he'd be making that $54k fresh out of USC and CA taxes would pretty much cut that in half too..but I understand your point, just stating the average person going into teaching in my neck of the woods would be making less than I did back in the day as a Dunkin' Donuts shift manager or store manager..

 

[Slashar00]

You said HE should give them enough to live better than he does, if they were not bad parents.

These are not old or aging parents who are going to a retirement home, these are people ranging in age from siblings to fairly young parents (late 30s to ealry 40s). He was prepared to help them out even more than he was but they got greedy.

I see what you're saying. I think it was poor wording on my part.

Also, when I said "give" I really meant "offer." I can't see any responsible parent taking that much money from their 20yr old child. It's very unreasonable. And if I were a parent with an ultra-successful child, it'd make me feel good to turn down that money. I guess it's really the gesture that counts.

 

[Randy White]

What are you talking about?

I have 2 boys: one in college and one in high school.

My wife and I have done a good job raising them, we love them, provide for them, pay for their education.

But I have no expectation to get money back so that I can have a better lifestyle than them. That is incredibly selfish.

I want my boys to do better than I have. To have more than I have. To be more successful than I have. And I don't want to get paid for it. I'll take care of myself, thank you very much.

Any mother or father who expects or demands payback is not a real parent in my eye. They may be a biological mother or father, but they're no parent.

 

[Rack]

This is the silliest "opinion" I have ever read.

Next time read his whole post.

 

[coult44]

What kind of freekin parents expect anything out of their kids financially.....That's total BS..What kind of culture is it where parents expect for their kids to give them anything? Really, I want to know what culture that is? If you raise your kids right, and you've taught them to love, respect, and honor their family, there is NO WAY you would also raise them expecting to get anything other than that love, respect, and honor later on in life. If they were fortunate enough later in life to become very wealthy, like pro athletes, acting, lottery winners, etc..., and you raised them right, this would never be an issue..The problem lies with you raising them right.....Because IFFFF you were smart enough to do this, you would be smart enough to NEVER to expect anything....It all comes down to love, respect, honor, teaching your kids values, good moral character, the ways of God, and over sense of FAMILY!!!! I feel for Tyron. Apparently, his parents are complete dopes and lack any of the above mentioned qualities of being decent human beings!!!

 

[WoodysGirl]

This subject is an aspect of this game that I abhor. It is not any of my business what Smith and his family are going through. Or the other young man in the article.

But the fishbowl lifestyle that comes with being an NFL star means every small detail of your personal life is fodder for any news group, or in this case yahoo blogger.

I feel terrible for Smith that he has to endure this with his family, but even worse that it is public knowledge.

For clarity, TD3, Tyron didn't speak about this during the season. However he CHOSE to speak about it recently to the guys on The Fan which drove the article on which the yahoo blog leveraged.

And the only reason why the article was written originally was because he had to call the police on his own family and get a protective order against them.

 

[TwoDeep3]

For clarity, TD3, Tyron didn't speak about this during the season. However he CHOSE to speak about it recently to the guys on The Fan which drove the article on which the yahoo blog leveraged.

And the only reason why the article was written originally was because he had to call the police on his own family and get a protective order against them.

I understood both of your points going in. But this is the part of the game I find to be the most aggravating in respect to the players.

What business of mine is any of this?

Or for that matter Jimmy Smith's problems?

The issue is these people make a lot of money and the press that lives by the gotcha mentality and reality TV mindset race to put on a show for the fans at the expense of a man's personal life. Or woman in the case of sports figures and actresses and such.

Just my opinion.

 

[DFWJC]

My sister is a teacher in FL, and my ex was too. And most people who go from a part time job in college to their "career" teaching, does not see their annual salary increase 50-fold. Not including 7 figure signing bonuses.

Right. But, hypothetically if he was a teacher he would have just graduated and living in CA. So, it's highly unlikely he'd be making that $54k fresh out of USC and CA taxes would pretty much cut that in half too..but I understand your point, just stating the average person going into teaching in my neck of the woods would be making less than I did back in the day as a Dunkin' Donuts shift manager or store manager..

Yes, I was just throwing out an average salary spread out over 60 years to make the point that a one time windfall not invested wisely or spent conservatively does not make someone so rich they can be giving family members 1-2 million dollars without repercussions.


This really had little to do with teachers...could use any profession paying that range

 

[burmafrd]

So then don't enjoy life and go kill yourself because you had no choice being brought into this world. Utter hypocrisy to have fun in this world, while arguing that one had no choice coming into this world.

no surprise coming from you.

 

[Yakuza Rich]

All I can say is the way I was brought up. My parents would be embarrassed to take money from me. It would be like the one scene in the Sopranos where Meadow's boyfriend tried to pay for the meal and Tony was furious with him.

If I ever have children, I suspect I will be the same way.





YR

 

[links18]

Tyron needs to get a bodyguard now, if he doesn't already have one.

 

[jumanji]

All I can say is the way I was brought up. My parents would be embarrassed to take money from me. It would be like the one scene in the Sopranos where Meadow's boyfriend tried to pay for the meal and Tony was furious with him.

If I ever have children, I suspect I will be the same way.





YR

Agree

 

[DFWJC]

I have to force my parents to take money from me.

But in most cultures, the kids take care of the parents when they get older.
I'm not talking about the age of Tyron's parents...20-30 years older than that.

Asian countries, and Latin countries, many European countries, and almost all middle eastern countries....they all look after their elderly parents.