Chiefs Hypothetical: You, pro football, and concussions. - Page 2

**Rain Man** · 01-02-2016, 10:17 PM

Imagine that you get drafted into the NFL. You complete the first year of your contract and get a concussion in your second year that causes you to miss half the season.

Your gross career earnings are about $1.3 million. Taking out the agent fees and taxes, your take-home is about $650,00 for those two years. Assume that you bought a nice condo for your mom and a sweet ride for yourself, so after that and living expenses you've got about $200,000 parked in conservative investments.

Now let's think about concussions. You've got your basic concussion stories about headaches and double vision, and you've got your more spectacular stories about Joe Phillips fleeing the law, Mike Webster living under a bridge, and that Steelers lineman blowing up in a big explosion after a police chase.

You have two more years on a contract that will pay an average of $650,000 a year.

What's the maximum risk you'll be willing to take to get that extra $650,000 a year, plus a potential future contract after that?

Assume that the risk in the poll is your odds of having a Mike Webster experience beginning at age 55.

ThaVirus · 01-02-2016, 10:36 PM

I am a bit of a hypochondriac and if I suffered something particularly severe I'd probably take homeboy's advice and just play for 3 years to get that pension as well.

Having taken home nearly $1,000,000 in three years would be a great start to my life.

Squalor2 · 01-02-2016, 10:37 PM

Quote:

Originally Posted by Rain Man

Pretty hard. I started speaking Greek for a while.

ah yes, you were spartan in these parts. do you remember grabbing milo by the arms and saving her? i saw your butt.

ChiefsCountry · 01-02-2016, 10:37 PM

Say you put 650k in a IRA. You retire from the NFL at 25. You NFL pension kicks in at 55 as well. IRA is a 30 year one. I guess you would make what 5 million off that.

Squalor2 · 01-02-2016, 10:40 PM

Quote:

Originally Posted by ThaVirus

I am a bit of a hypochondriac and if I suffered something particularly severe I'd probably take homeboy's advice and just play for 3 years to get that pension as well.

Having taken home nearly $1,000,000 in three years would be a great start to my life.

ranius did bold the webster for a reason. google?

Miles · 01-02-2016, 10:47 PM

Quote:

Originally Posted by ChiefsCountry

Say you put 650k in a IRA. You retire from the NFL at 25. You NFL pension kicks in at 55 as well. IRA is a 30 year one. I guess you would make what 5 million off that.

Annual IRA contribution limit is only $5.5k and 401k only $18k.

threebag · 01-02-2016, 10:47 PM

Reading CP you would think about 45% of posters are concussed.

Squalor2 · 01-02-2016, 10:55 PM

Quote:

Originally Posted by Hog Farmer

I see. Well, I risk a concussion on a daily basis for much less. Ever been under the dismount of an 800 pound boar ?

no. not ever no. what you do for a living was a curiosity. i thought you made boars relieve their nut by hand. i wasnt going there because you didnt go into much detail. i wanna leave it at that. but no, you went to the 800lb "dismount" and concussion risk.

spitter eh?

**Rain Man** · 01-02-2016, 10:58 PM

Quote:

Originally Posted by ChiefsCountry

Yep. You play that 3rd year and you will get about $16,000 a year from age 55 until you die.

Throw that in if you are smart with what you got as a player and invested wisely you could be doing alright.

Interesting stuff on the pension.

If we assume that you're eligible at 55 and get 30 years of pension at that amount (and that it doesn't adjust for inflation), the current-day value of the pension is about $135,000. Not chump change, but it seems like the current salary might be a bigger issue.

vailpass · 01-02-2016, 11:01 PM

Where's the zero percent option? Need a lot more $$ to voluntarily have my eggs scrambled...

**DaneMcCloud** · 01-02-2016, 11:01 PM

Zero.

Nothing is worth CTE, a diminished life and a predetermined death at 55 years.

Life is full of way too many opportunities to give it up over such a small sum of money.

Hive · 01-02-2016, 11:07 PM

1.3 million is about what the Mike Webster experience was valued at. Take the deal.

Saccopoo · 01-02-2016, 11:12 PM

Quote:

Originally Posted by Rain Man

That's two years averaging $650,000 per year. You may assume no Weimar-Republic hyperinflation during that time.

But they kept a nation warm in 1923...

Squalor2 · 01-02-2016, 11:14 PM

Quote:

Originally Posted by Rain Man

Interesting stuff on the pension.

If we assume that you're eligible at 55 and get 30 years of pension at that amount (and that it doesn't adjust for inflation), the current-day value of the pension is about $135,000. Not chump change, but it seems like the current salary might be a bigger issue.

this is huge can of worms. there first has to a definition of concussive brain injury.

Chief_For_Life58 · 01-02-2016, 11:31 PM

Honestly I would wes Welker that shit and get concussions every game. Work hard for that big money second contract. Then I'd be able to hand out 100s at the Kentucky derby

**Buehler445** · 01-03-2016, 01:02 AM

I'd play out the third year and see if I could lock up a decent second contract. If I were still looking at league minimum I would go back to farming. If I had to farm again, that $350 large will buy a tractor. No implement though.

Unless it was for the Faid or donk. **** them. I'd bomb the stadium on the way out.

View Poll Results: What is the maximum concussion catastrophe risk you would take for $1.3 million?
1%	1	2.78%
5%	2	5.56%
10%	8	22.22%
25%	3	8.33%
50%	6	16.67%
75%	2	5.56%
90%	0	0%
95%	0	0%
99%	1	2.78%
100% - Bring it on.	7	19.44%
I don't believe in concussions.	5	13.89%
I don't believe in weighing risks versus rewards.	1	2.78%
Voters: 36. You may not vote on this poll

01-02-2016, 10:17 PM
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-422449 VARSITY	Hypothetical: You, pro football, and concussions. Imagine that you get drafted into the NFL. You complete the first year of your contract and get a concussion in your second year that causes you to miss half the season. Your gross career earnings are about $1.3 million. Taking out the agent fees and taxes, your take-home is about $650,00 for those two years. Assume that you bought a nice condo for your mom and a sweet ride for yourself, so after that and living expenses you've got about $200,000 parked in conservative investments. Now let's think about concussions. You've got your basic concussion stories about headaches and double vision, and you've got your more spectacular stories about Joe Phillips fleeing the law, Mike Webster living under a bridge, and that Steelers lineman blowing up in a big explosion after a police chase. You have two more years on a contract that will pay an average of $650,000 a year. What's the maximum risk you'll be willing to take to get that extra $650,000 a year, plus a potential future contract after that? Assume that the risk in the poll is your odds of having a Mike Webster experience beginning at age 55.
Posts: 145,199

01-02-2016, 10:36 PM	#16
ThaVirus 5 o’clock free crack giveaway Join Date: Sep 2007 Casino cash: $-1567631	I am a bit of a hypochondriac and if I suffered something particularly severe I'd probably take homeboy's advice and just play for 3 years to get that pension as well. Having taken home nearly $1,000,000 in three years would be a great start to my life.
Posts: 46,898

01-02-2016, 10:37 PM	#18
ChiefsCountry The Insider Join Date: Jan 2004 Location: Lake of the Ozarks Casino cash: $-1331248	Say you put 650k in a IRA. You retire from the NFL at 25. You NFL pension kicks in at 55 as well. IRA is a 30 year one. I guess you would make what 5 million off that.
Posts: 51,966

01-02-2016, 10:47 PM	#21
threebag Snacks Are Under My Apron Join Date: Jan 2006 Location: The Edge Casino cash: $-852380	Reading CP you would think about 45% of posters are concussed. __________________ Smells like Up Dog in here. RIP HayWire Greatest Almost Mod Ever
Posts: 26,125

01-02-2016, 11:01 PM	#24
vailpass Psycho Bag Of Squanch Join Date: Sep 2001 Casino cash: $9594244	Where's the zero percent option? Need a lot more $$ to voluntarily have my eggs scrambled... __________________ “Education is a weapon whose effect depends on who holds it in his hands and at whom it is aimed.” Joseph Stalin
Posts: 69,591

01-02-2016, 11:01 PM	#25
DaneMcCloud Supporter Join Date: Sep 2000 Location: Hollywood, CA Casino cash: $10053648	Zero. Nothing is worth CTE, a diminished life and a predetermined death at 55 years. Life is full of way too many opportunities to give it up over such a small sum of money.
Posts: 88,960

01-02-2016, 11:07 PM	#26
Hive Banned Join Date: Dec 2015 Casino cash: $10000400	1.3 million is about what the Mike Webster experience was valued at. Take the deal.
Posts: 118

01-02-2016, 11:31 PM	#29
Chief_For_Life58 Veteran Join Date: Nov 2010 Location: KC Casino cash: $9925938	Honestly I would wes Welker that shit and get concussions every game. Work hard for that big money second contract. Then I'd be able to hand out 100s at the Kentucky derby
Posts: 3,859

01-03-2016, 01:02 AM	#30
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $-1335266	I'd play out the third year and see if I could lock up a decent second contract. If I were still looking at league minimum I would go back to farming. If I had to farm again, that $350 large will buy a tractor. No implement though. Unless it was for the Faid or donk. **** them. I'd bomb the stadium on the way out.
Posts: 59,922

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