Quote:
Originally Posted by nat
By the end of this season Neshek will have earned $23m playing baseball.
Say that he looses half of that to taxes and agents. He's down to $11.5m. So he bid about 5% of his net life-time earnings on that card. Anyone here ever bid 5% of their net life-time earnings on a single card?
Of course I suspect that he bid far more than 5% of the cash that he's got on-hand. If he's anything like most young people who suddenly come into money, a considerable part of that $11.5m was probably spent on fast cars and the like.
Now that I think of it, somebody should take him up on that twitter thing, get an auto, and ask him what his monster number is.
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A starter in this year's All star game lives (in the off season) about 3 miles down the road from me. He lives in a very modest home in a modest neighborhood. Once he finishes next season, he will have earned as much as
Neshek has in his career. By most standards, this player lives quite frugally for the amount of money he earns....there are many more expensive places to live in our area. This means that he can afford to buy such a card if he wanted to and still have plenty of money left over due to his frugal lifestyle. For me, to spend 5% of my lifetime earnings would be impossible to manage, but for someone who has earned $20M+ and lives frugally, there is no reason they could not afford to spend 5% of their lifetime earnings (on something that will appreciate in value).