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“I got out” bad for recruiting
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<blockquote data-quote="RonJohn" data-source="post: 511227" data-attributes="member: 2426"><p>And the average time in the league is 2.5 years. For many UDFAs, it is one year or less. 2.5*$455k is equal to $1.14 million. That is before agent fees and taxes. If he saves most of his money and doesn't buy expensive cars, etc he might be able to have $450-500 saved during that time. That isn't enough to retire on at age 24. He is still going to have to do something else. High school kids might not think about things that way, but they definitely should.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 511227, member: 2426"] And the average time in the league is 2.5 years. For many UDFAs, it is one year or less. 2.5*$455k is equal to $1.14 million. That is before agent fees and taxes. If he saves most of his money and doesn't buy expensive cars, etc he might be able to have $450-500 saved during that time. That isn't enough to retire on at age 24. He is still going to have to do something else. High school kids might not think about things that way, but they definitely should. [/QUOTE]
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“I got out” bad for recruiting
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