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I just did a search on Zillow for Pasadena. Most houses were at least $1M, and their mortgage calculator says at current interest rates that is $6000/mo. After

by xrd 5y ago

I just did a search on Zillow for Pasadena. Most houses were at least $1M, and their mortgage calculator says at current interest rates that is $6000/mo. After taxes, that $228k gets you about $12k a month. If you have a family, that's $1k a month for food, and many more expenses. Car payment? And, your career is only ten years. There is a not a lot of room left over with $228k, and remember, that is the HIGHEST paid person on the team. I read countless statements here on HN about people excited about living away from big cities and maximizing their tech incomes. This is not the case here. I'm not saying it should be fair, but we should at least pay attention to it and be honest about what this means for exceptional women.

gamblor956 5y ago
Your math doesn't make any sense. You have $6k a month after taxes and mortgage, not including spouse's income, and that's somehow not enough money? Food for a family leaves $5k/month. What sort of fancy expenses take up $5k each month? And you claim that a career only lasts 10 years? Is that a weird tech thing? Most white-collar jobs last several decades. For comparison, I know a number of people who make less than $228k/year, own houses that are around $1 million in and around Pasadena, Culver City, and Santa Monica, and have no problems making mortgage payments, paying for food, saving for retirement, and going on multiple vacations each year. If you can't live on $5k/month after mandatory expenses, the problem is your spending...
- xrd 5y ago
  We are talking about professional women's basketball players. Who might be traded, and then need to relocate with their spouse. It is a lot more complicated than you make it out. Ten years is probably a very long WNBA career, on average. Then, add kids to that, and it is probably even shorter, and MUCH more complicated. I'm willing to bet you don't have kids and understand the expenses that come with them. I'm not saying you can't live on the amount the highest paid player on a WNBA team makes, but this is the pinnacle, and it isn't the same as male players. Sure, there are ways to constrain spending, but a WNBA player has far fewer choices than other families out there.

by xrd 5y ago

gamblor956 5y ago

Your math doesn't make any sense. You have $6k a month after taxes and mortgage, not including spouse's income, and that's somehow not enough money? Food for a family leaves $5k/month. What sort of fancy expenses take up $5k each month? And you claim that a career only lasts 10 years? Is that a weird tech thing? Most white-collar jobs last several decades. For comparison, I know a number of people who make less than $228k/year, own houses that are around $1 million in and around Pasadena, Culver City, and Santa Monica, and have no problems making mortgage payments, paying for food, saving for retirement, and going on multiple vacations each year. If you can't live on $5k/month after mandatory expenses, the problem is your spending...

xrd 5y ago
We are talking about professional women's basketball players. Who might be traded, and then need to relocate with their spouse. It is a lot more complicated than you make it out. Ten years is probably a very long WNBA career, on average. Then, add kids to that, and it is probably even shorter, and MUCH more complicated. I'm willing to bet you don't have kids and understand the expenses that come with them. I'm not saying you can't live on the amount the highest paid player on a WNBA team makes, but this is the pinnacle, and it isn't the same as male players. Sure, there are ways to constrain spending, but a WNBA player has far fewer choices than other families out there.