tigerpride96
Banned
Posts: 4,072
Joined: May 2008
I Root For: Memphis Tigers
Location: Las Vegas
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RE: Paxton Lynch
(09-27-2018 01:40 PM)450bench Wrote: He worked out for Jacksonville yesterday
Any word on how he did?
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09-27-2018 03:41 PM |
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SeñorTiger
Heisman
Posts: 6,010
Joined: Mar 2018
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I Root For: Tigers
Location: Fayetteville, AR
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RE: Paxton Lynch
(09-27-2018 10:08 AM)k2tigers Wrote: I am just laughing at the few who thought Denver 'mismanaged' Lynch and that he'd prosper with another team.
I was certainly hopeful that a change of scenery would help jump start his career. I still hope he lands somewhere and is able to put it all together.
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09-27-2018 03:57 PM |
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tigertrails
Banned
Posts: 1,013
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I Root For: Memphis
Location:
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RE: Paxton Lynch
Who is in charge of scheduling these workouts? Steinberg? He is choosing the wrong teams and fit. Jax seems ok since BB is always inconsistent but SF should've been one of them.
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09-27-2018 04:11 PM |
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BinghamptonNed
Hall of Famer
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I Root For: Memphis
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RE: Paxton Lynch
(09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
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09-27-2018 04:14 PM |
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tigernole79
Heisman
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Location: Cordova, TN
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RE: Paxton Lynch
(09-27-2018 03:57 PM)SeñorTiger Wrote: (09-27-2018 10:08 AM)k2tigers Wrote: I am just laughing at the few who thought Denver 'mismanaged' Lynch and that he'd prosper with another team.
I was certainly hopeful that a change of scenery would help jump start his career. I still hope he lands somewhere and is able to put it all together.
David Carr, Jeff George and countless other examples of very talented QBs that went to the wrong team and never reached their potential.
Maybe it is all Paxton's fault, maybe not. I don't know if there is any way we will ever honestly know, unless he lands at a team and has a solid career.
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09-27-2018 04:22 PM |
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paramedicrntiger
2nd String
Posts: 448
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I Root For: Memphis
Location:
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RE: Paxton Lynch
Paxton is a big factor in rise of our football program. For that, I will always be a fan. I believe he will be back in the NFL before all is said and done.
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09-27-2018 04:22 PM |
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memtigbb
Hall of Famer
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RE: Paxton Lynch
(09-27-2018 04:14 PM)BinghamptonNed Wrote: (09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
according to google 2.4mil is considered rich....
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09-27-2018 04:23 PM |
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BinghamptonNed
Hall of Famer
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I Root For: Memphis
Location: Germantown
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RE: Paxton Lynch
(09-27-2018 04:23 PM)memtigbb Wrote: (09-27-2018 04:14 PM)BinghamptonNed Wrote: (09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
according to google 2.4mil is considered rich....
If you were making over a million per year when you were 23 and by 25 your prospects are $50,000-$60,000 per year and you had a nest egg of $2,400,000 you would not feel rich, not very long at least.
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09-27-2018 05:11 PM |
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covingtontiger
Heisman
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I Root For: Memphis Tigers
Location: T -County
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RE: Paxton Lynch
(09-27-2018 04:22 PM)paramedicrntiger Wrote: Paxton is a big factor in rise of our football program. For that, I will always be a fan. I believe he will be back in the NFL before all is said and done.
I hope that you are correct. I’d like to see him succeed. OTOH, remember that Keith Lee was an outstanding college basketball player who could not make it in the NBA.
Apparently pro ball is a huge step up from college ball.
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09-27-2018 05:16 PM |
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I_LUV_MEMPHISTIGERS
All American
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Location: Memphis
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RE: Paxton Lynch
If he has a halfway competent financial advisor guiding him it shouldn't be difficult for him to easily earn six figures/ year cash flow in either interest, dividends, rental property, etc. or any number of income-producing investments for the rest of his life on $9.467M, even on $5.69M assuming it was taxed at a 40% effective tax rate. Sure would rather stay in the league and earn millions/year for a career though, lol.
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09-27-2018 05:21 PM |
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UofMemphis
Official MT.org Ambassador of Smack
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I Root For: Univ of Memphis
Location: Memphis (Berclair)
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RE: Paxton Lynch
(09-27-2018 04:14 PM)BinghamptonNed Wrote: (09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
‘rich’ is in the eye of the beholder...as long as I have healthy, my family, and my friends I consider myself rich no matter how man paper rectangles are in my banking account.
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09-27-2018 05:23 PM |
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tigernole79
Heisman
Posts: 8,994
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I Root For: Kool-Aid
Location: Cordova, TN
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RE: Paxton Lynch
(09-27-2018 05:16 PM)covingtontiger Wrote: (09-27-2018 04:22 PM)paramedicrntiger Wrote: Paxton is a big factor in rise of our football program. For that, I will always be a fan. I believe he will be back in the NFL before all is said and done.
I hope that you are correct. I’d like to see him succeed. OTOH, remember that Keith Lee was an outstanding college basketball player who could not make it in the NBA.
Apparently pro ball is a huge step up from college ball.
Keith Lee was 100% because of bad knees.
That is a very faulty statement, but still with a lot of truth. Heisman winners haven't been successful in the pros.
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09-27-2018 05:30 PM |
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BinghamptonNed
Hall of Famer
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RE: Paxton Lynch
(09-27-2018 05:21 PM)I_LUV_MEMPHISTIGERS Wrote: If he has a halfway competent financial advisor guiding him it shouldn't be difficult for him to easily earn six figures/ year cash flow in either interest, dividends, rental property, etc. or any number of income-producing investments for the rest of his life on $9.467M, even on $5.69M assuming it was taxed at a 40% effective tax rate. Sure would rather stay in the league and earn millions/year for a career though, lol.
You forgot about his agent getting 4% of his pay so it would be a little closer to $5,000,000 and you are assuming he has a benefactor paying his expenses? I assume he spends $250,000 per year living AT LEAST, and if he does he is about to make a lifestyle change.
He is better off than 99.99% of 25 year olds that were not born wealthy, but he is not rich all things considered.
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09-27-2018 05:47 PM |
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I_LUV_MEMPHISTIGERS
All American
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RE: Paxton Lynch
(09-27-2018 05:47 PM)BinghamptonNed Wrote: (09-27-2018 05:21 PM)I_LUV_MEMPHISTIGERS Wrote: If he has a halfway competent financial advisor guiding him it shouldn't be difficult for him to easily earn six figures/ year cash flow in either interest, dividends, rental property, etc. or any number of income-producing investments for the rest of his life on $9.467M, even on $5.69M assuming it was taxed at a 40% effective tax rate. Sure would rather stay in the league and earn millions/year for a career though, lol.
You forgot about his agent getting 4% of his pay so it would be a little closer to $5,000,000 and you are assuming he has a benefactor paying his expenses? I assume he spends $250,000 per year living AT LEAST, and if he does he is about to make a lifestyle change.
He is better off than 99.99% of 25 year olds that were not born wealthy, but he is not rich all things considered.
No doubt he's about to make a lifestyle change if he's spending $250k a year or more, lol. Hopefully he's now looking at his Broncos contract as a pot of capital to manage for the rest of his life, and NFL is no longer income.
I'm just assuming how I would manage it and maintain a middle class lifestyle I'm accustomed to (that's not $250k/year for me personally lol). He's only been in the league 2 seasons, so hopefully hasn't been spending like a millionaire yet. Even still, it's fairly simple to earn 6 figures in cash flow on that amount of capital if he only spends $1M over the 4-year contract ($250K/yr). Hopefully he's cut back on that, but assume that nets him around a $4M pot of capital. Even in today's historic record low-interest rate environment, 1-3 year bank CDs yield 2.5-3%.
A mere 2.5% yield on $4M capital is $100k, and rates are only going to go up from here. Hopefully his financial advisor can do far better than 2.5%, or he needs to find a new advisor, lol.
Not a bad life for a 2-year career, lol.
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09-27-2018 06:22 PM |
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danny1
All American
Posts: 2,953
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Location: Jackson, TN
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RE: Paxton Lynch
(09-27-2018 04:14 PM)BinghamptonNed Wrote: (09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
A couple of million conservatively invested to return at least 5% interest will pay out $100,000/year. I know plenty of people that could squeeze out a nice, comfortable life without touching the principle. You’re wrong on both counts.
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09-27-2018 06:24 PM |
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danny1
All American
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RE: Paxton Lynch
(09-27-2018 06:24 PM)danny1 Wrote: (09-27-2018 04:14 PM)BinghamptonNed Wrote: (09-27-2018 03:39 PM)memtigbb Wrote: (09-27-2018 03:34 PM)BinghamptonNed Wrote: (09-27-2018 10:06 AM)memtigbb Wrote: Yep, Titans just signed a backup qb and didn't give a glance at Lynch. I think, at this point, he has ruined his career. Good thing he is rich now.
I'm glad to hear that he is rich, I thought he had only made a few million dollars in his "playing" career, he must had made some amazing investments to become rich with so little capital.
Well, I guess our idea of rich is different. I consider a few million dollars to be rich.
1- It is not rich
2.- It is certainly not rich enough for a 23 year old to live the rest of his life off of it.
A couple of million conservatively invested to return at least 5% interest will pay out $100,000/year. I know plenty of people that could squeeze out a nice, comfortable life without touching the principle. You’re wrong on both counts.
Pope. I see this point had already been reasonably covered.
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09-27-2018 06:26 PM |
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karter25
1st String
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RE: Paxton Lynch
(09-27-2018 10:08 AM)k2tigers Wrote: I am just laughing at the few who thought Denver 'mismanaged' Lynch and that he'd prosper with another team.
Way to support a Tiger. You feel vindicated because he hasn't signed with another team.
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09-27-2018 06:28 PM |
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tigernole79
Heisman
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RE: Paxton Lynch
(09-27-2018 06:28 PM)karter25 Wrote: (09-27-2018 10:08 AM)k2tigers Wrote: I am just laughing at the few who thought Denver 'mismanaged' Lynch and that he'd prosper with another team.
Way to support a Tiger. You feel vindicated because he hasn't signed with another team.
Pretty sad, isn't it.
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09-27-2018 06:39 PM |
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memphisike
Heisman
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RE: Paxton Lynch
Word on the street
The Redskins gonna sign this Dude
BTW 2 million is big bucks, but after taxes the Dude will need another job
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09-27-2018 06:45 PM |
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k2tigers
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RE: Paxton Lynch
(09-27-2018 06:39 PM)tigernole79 Wrote: (09-27-2018 06:28 PM)karter25 Wrote: (09-27-2018 10:08 AM)k2tigers Wrote: I am just laughing at the few who thought Denver 'mismanaged' Lynch and that he'd prosper with another team.
Way to support a Tiger. You feel vindicated because he hasn't signed with another team.
Pretty sad, isn't it.
I want Paxton to lynch onto an NFL team. Hell I want him here for the Express.
You are one comedic sob
Brother
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09-27-2018 07:00 PM |
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