Post subject: ESPN: Stanford QB Andrew Luck staying in school
Posted: Thu Jan 06, 2011 4:51 pm
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Joined: Tue Sep 19, 2006 4:56 am Posts: 12124 Location: hanging with Tony B in the clubhouse
He still has two years of eligibility but is academically a senior.
Very, very curious move. Considering the next CBA will undoubtedly have a rookie pay scale he stands to leave 30 million dollars on the table(conservatively, could be closer to 40-50).
I understand wanting to finish your degree, but Stanford's been around over 100 years; it's not going anywhere. He can finish his degree after(or even during) his rookie NFL season.
I'm guessing it's one or more of these three things:
- He doesn't want to play for the Panthers - He wants to win the Heisman and/or a national championship - He enjoys being big man on campus
Still, that's a lot of scratch to give up(I understand his father is very well educated and is not hurting for money).
_________________ Anyone who quotes profits of a baseball club is missing the point. Under generally accepted accounting principles, I can turn a $4 million profit into a $2 million loss, and I can get every national accounting firm to agree with me. - Paul Beeston, CEO of the Toronto Blue Jays
Post subject: Re: ESPN: Stanford QB Andrew Luck staying in school
Posted: Thu Jan 06, 2011 5:06 pm
Joined: Mon Sep 18, 2006 6:15 pm Posts: 34216 Location: The District
This interests me for a lot of reasons, not the least of which is the fact that I'm a Bills (#3 pick) fan. The strange thing about Luck is that I think we can be pretty sure that he's getting solid advice. What this says to me is that the CBA is even more screwed up than I think. Because otherwise, this makes no sense.
If you asked me before today, I'd say that financially, there are zero circumstances to turn down the opportunity to be the #1 pick in the draft, even if the fateful sentence begins "With the first pick of the 2011 NFL Draft, the Carolina Panthers select..." No national championship, Heisman, or record-breaking changes that. Not even a Stanford degree. He can come get that later and drive up in his 2019 BMW 11-Series.
Forget the contract that he may hypothetically sign NEXT YEAR after he comes out. Even if it's a "better contract," he loses a complete year of NFL salary. That seems insane, again, even if his post-CBA contract is "bigger." This ignores the very real possibility that his 2011 looks more like Jack Locker's 2010 than Andrew Luck's.
But, like I said, I'm sure he's getting good advice. So who knows. He might just really hate Carolina.
_________________ “Patience is not a virtue unless you take advantage of it by exercising it well,” Alderson said. “Patience is only part of a strategy.”
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