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Seahawks.com: Seahawks Sign 2019 First-Round Pick L.J. Collier

TopFrog

Lifelong Frog
Seahawks Sign 2019 First-Round Pick L.J. Collier

Tony Drovetto
Seahawks.com Content Manager

The Seahawks inked their first pick in the 2019 NFL Draft to a contract on Tuesday, signing defensive end L.J. Collier to his rookie deal as the club held its second set of Organized Team Activities at team headquarters.

The 6-foot-3, 291-pound Collier, who the Seahawks chose with the 29th pick in the first round out of TCU, figures to aid Seattle’s pass rush this upcoming season after last year’s top edge rusher Frank Clark was traded to the Kansas City Chiefs. Collier earned All-Big 12 honors as a senior when he recorded six sacks, 42 tackles (11.5 for loss), and four pass breakups, and Seahawks head coach Pete Carroll has said he sees similarities to former Seattle defensive end Michael Bennett in Collier’s play.

Read more at https://www.seahawks.com/news/seahawks-sign-2019-first-round-pick-l-j-collier
 

BankerFrog

Active Member
125k a year doesn't go very far in seattle when you start talking housing in the redmond area

Let's say he nets $4.6MM after taxes, spends $400k a year and gets a 5% market return. All extremely conservative.

He would theoretically be able to go 16 years spending that, this is assuming he has 0 other income coming in, no new contract after this one, and only a 5% return.

If our mans gets 100k/yr in endorsement money (another conservative measure) and see's a yearly return of 7% our man can spend 400k/yr for ~50 years before needing to go to the bank. And this is assuming he does not get another contract in the NFL after his rookie deal. Again, conservative

AKA, he has no excuse to ever need money again!
 

Eight

Member
Let's say he nets $4.6MM after taxes, spends $400k a year and gets a 5% market return. All extremely conservative.

He would theoretically be able to go 16 years spending that, this is assuming he has 0 other income coming in, no new contract after this one, and only a 5% return.

If our mans gets 100k/yr in endorsement money (another conservative measure) and see's a yearly return of 7% our man can spend 400k/yr for ~50 years before needing to go to the bank. And this is assuming he does not get another contract in the NFL after his rookie deal. Again, conservative

AKA, he has no excuse to ever need money again!

i agree with that. just simply noting 125k in redmond doesn't buy as much as 125k in ft worth and goodness knows munday
 
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