Could someone help me locate Schlossnage’s breakdown of a Million Dollar Signing Bonus?

[froglash88]

I know someone on here knows where to find Schlossnagle breaking down the million dollar signing bonus. He mentioned that not much is left after a couple years in the minors. Something like 10% to agent, nearly 40% to taxes, living expenses, etc.

I tried to google it, but couldn’t find anything.

 

[OICU812]

IDK, but that would’ve been a very hard sell at my house as a HS senior. Say it’s 500k, leave it the scheiss alone for 40 years observing the 72 rule, and that’s a pretty fat bird in the hand.

 

[helcap]

I thought A&M only paid that much for Football players

 

[NewFrogFan]

IDK, but that would’ve been a very hard sell at my house as a HS senior. Say it’s 500k, leave it the scheiss alone for 40 years observing the 72 rule, and that’s a pretty fat bird in the hand.

In last years market it would be down 100k by now.

 

[OICU812]

In last years market it would be down 100k by now.

Hence why a prudent investor doesn’t wet their pants over a 1-year return.

 

[The Artist Formerly Known as PhormerPhrog]

IDK, but that would’ve been a very hard sell at my house as a HS senior. Say it’s 500k, leave it the scheiss alone for 40 years observing the 72 rule, and that’s a pretty fat bird in the hand.

But don't sleep on the bush...

 

[NewFrogFan]

Hence why a prudent investor doesn’t wet their pants over a 1-year return.

Tell that to a 19 year old that just got a “job”.