Welcome, Guest
Username: Password: Remember me
  • Page:
  • 1
  • 2

TOPIC:

Congrats to JaKarr 1 day 10 hours ago #402427

  • Paultzman
  • Paultzman's Avatar Topic Author
  • Away
  • Posts: 27633
  • Thank you received: 20802
Kept working;

Free agent JaKarr Sampson has agreed to a one-year, fully guaranteed minimum contract to return to the Indiana Pacers, his agent Aaron Turner tells @TheAthleticNBA @Stadium.
The following user(s) said Thank You: SJU85, redken, firestorm, panther2, L J S A, JohnnyFan, Patrick C ripdumaine

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 1 day 9 hours ago #402428

  • RedStorm80
  • RedStorm80's Avatar
  • Offline
  • Posts: 893
  • Thank you received: 63
Many including myself thought Jakarr leaving early was a mistake. Gladly wrong on that one, he has had a nice career for himself as has Moe.
The following user(s) said Thank You: Paultzman, mjmaherjr, panther2, Amaseinyourface, L J S A, JohnnyFan, NCJohnnie

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 1 day 6 hours ago #402432

  • austour
  • austour's Avatar
  • Offline
  • Posts: 5767
  • Thank you received: 1115
For anyone wondering NBA minimum for this year was projected at around $1.6 million.
The following user(s) said Thank You: Paultzman, SJU85, L J S A

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 1 day 3 hours ago #402443

  • JohnnyFan
  • JohnnyFan's Avatar
  • Offline
  • Posts: 4145
  • Thank you received: 3005
Jakaar's career earning......


Attachments:
The following user(s) said Thank You: Paultzman, Beast of the East, L J S A

Please Log in or Create an account to join the conversation.

Last edit: by JohnnyFan.

Congrats to JaKarr 1 day 3 hours ago #402444

  • mjmaherjr
  • mjmaherjr's Avatar
  • Offline
  • Posts: 12398
  • Thank you received: 5084

JohnnyFan wrote: Jakaar's career earning......


Think he might qualifiy for nba pension also
The following user(s) said Thank You: L J S A, JohnnyFan

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 14 hours 24 minutes ago #402466

  • Beast of the East
  • Beast of the East's Avatar
  • Offline
  • Posts: 12150
  • Thank you received: 4211

JohnnyFan wrote: Jakaar's career earning......



I hope he is living small. A large % of former NBA players are broke 5 years after their career ends.
The following user(s) said Thank You: RedStormRising

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 11 hours 3 minutes ago #402489

  • Zeeman
  • Zeeman's Avatar
  • Offline
  • Posts: 89
  • Thank you received: 2
If he got by his first three years alright. Last year and this years should be a breeze and he can build on what he has earned. Hopefully so.

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 10 hours 29 minutes ago #402496

  • Ray Morgan
  • Ray Morgan's Avatar
  • Offline
  • Posts: 1943
  • Thank you received: 1022
Very happy for Jakarr. He stuck with us after that prep school debacle.He always played with a smile on his face.

It seems like Jakarr needed time to mature. I don't think he had the type of coaching in college that he needed to be ready for the NBA at a relatively young age.

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 10 hours 25 minutes ago #402497

  • richard A Steinfeld
  • richard  A Steinfeld's Avatar
  • Offline
  • Posts: 3707
  • Thank you received: 964

Beast of the East wrote:

JohnnyFan wrote: Jakaar's career earning......



I hope he is living small. A large % of former NBA players are broke 5 years after their career ends.

W the money he makes he doesn’t have to live small. Just be prudent and don’t spend everything he makes and invest some of the money.

Please Log in or Create an account to join the conversation.

Congrats to JaKarr 9 hours 31 minutes ago #402505

  • Beast of the East
  • Beast of the East's Avatar
  • Offline
  • Posts: 12150
  • Thank you received: 4211

richard A Steinfeld wrote:

Beast of the East wrote:

JohnnyFan wrote: Jakaar's career earning......



I hope he is living small. A large % of former NBA players are broke 5 years after their career ends.

W the money he makes he doesn’t have to live small. Just be prudent and don’t spend everything he makes and invest some of the money.


That's not really true. About half or more goes to income tax. If he bought a place I hope he has a small mortgage. A big mortgage requires a big salary after your playing days end. And then there is upkeep on the home, real estate taxes, etc. Buy a luxury car at close to 100K and it costs 200k in salary to buy.

So lets say he made 5 million in 5 years. 1 million a year becomes 500K. If you buy a house at 2 million after 2 years, and put down 500K, you have a 1.5 million mortgage, plus taxes plus upkeep. On and on.

.
The following user(s) said Thank You: redmannorth

Please Log in or Create an account to join the conversation.

  • Page:
  • 1
  • 2
Moderators: mkras99SJUFAN2espkengmanlawmanfankranmarsOhioFanotisredmannorthKnight