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NFL players are some of the highest-paid in any profession in the world, most of which could rent a limo for the entirety of the night whenever they go out and
by jmduke 13y ago
NFL players are some of the highest-paid in any profession in the world, most of which could rent a limo for the entirety of the night whenever they go out and it wouldn't be a drop in the bucket against their earnings. But, they don't...
NFL is actually probably the least player-lucrative major sport franchise, due to the relatively low number of games (compared to NBA and MLB) and high roster size. Minimum rookie salary is around $300,000, which sounds like a lot until you realize players are basically forced into retirement after less than ten years, face tremendous workplace risks, and don't get easily translatable skills.
There's a reason you hear so many stories about homeless former pro athletes, and its not because they're dumb jocks: the system isn't exactly tailored around long-term fiscal viability.
- jonknee 13y agoI agree, but with one nitpick--the minimum rookie salary is $405,000. Definitely not a lot when you're always one play away from a career ending injury. However, relatively few players actually make league minimum and rookies are signed to 4-year contracts.
- steveklabnik 13y agoTo elaborate slightly on 'workplace risks,' one of the biggest ones is healthcare. Football players, for example, can damage their bodies in ways that don't show up for years, until well after all those specialty doctors and trainers are no longer available, since you're not playing ball any more.