(02-19-2016 09:16 PM)midtowncowboy Wrote:  

(02-19-2016 08:40 PM)BuccTiger Wrote:  

(02-19-2016 06:51 PM)tigeriron Wrote:  so he agrees to a pay cut at his next coaching gig. the past is now past. we all learned from it. and we can agree the josh is a somewhat shrewd dude

Shrewd, this board has proved time and time again that he is incompetent and just happened to be loading his car at the right time. If it had been you or I, we would now be millionaires. Pastner's incompetence is only surpassed by RC's. If nothing else the posters on this board know this.

It's all about the board, the board knows all, the board sees all. Kind of like Santa without the red suit. Of course I'm sure there's a lot of fat ***** on here, that would be like Santa.

(02-20-2016 01:06 AM)BuccTiger Wrote:  

(02-19-2016 09:16 PM)midtowncowboy Wrote:  

(02-19-2016 08:40 PM)BuccTiger Wrote:  

(02-19-2016 06:51 PM)tigeriron Wrote:  so he agrees to a pay cut at his next coaching gig. the past is now past. we all learned from it. and we can agree the josh is a somewhat shrewd dude

Shrewd, this board has proved time and time again that he is incompetent and just happened to be loading his car at the right time. If it had been you or I, we would now be millionaires. Pastner's incompetence is only surpassed by RC's. If nothing else the posters on this board know this.

It's all about the board, the board knows all, the board sees all. Kind of like Santa without the red suit. Of course I'm sure there's a lot of fat ***** on here, that would be like Santa.

Well you seem to be smarter than the rest of us so tell us what we should and should not post.

(02-20-2016 12:18 AM)RandyMc Wrote:  

(02-19-2016 04:25 PM)Tiger87 Wrote:  $10M at a conservative 5% ROR, still gets you $500k a year - without touching the principal. Sure there's taxes. There's also the $10M he's already banked for the past 7 years.

$10M is still a lot of money. Not sure if it's a ton in paper. Definitely more if it's paid in nickels.

Where are you getting, conservatively, a 5% rate of return throwing off $500,000 in cash off of $10 million?

I get appreciation potential, etc. But cold hard cash? He won't be living on equity appreciation. It'll take cash to pay the bills. Not arguing, just curious.

I can get him an instrument Monday that guarantees 4% return on the first $1M investment. Someone more serious could identify something with slightly higher risk to get a 5% average.

Don't forget the $10M that he's already banked that he can live off of during initial appreciation or vesting. Point being, the first $10M and whatever final settlement from the "resignation" is still money to set him up for life. He takes a solid assistant or lower level job for $250k - he will be fine and content to move on.