Some of the math came into focus recently and seems to make the economics of pro ball (just economics, not the daily life) a little more appealing. For arguments sake, say a later round high school pitcher, say 15th, getting $400K bonus and $100K scholarship money versus going high D1 with a 50% scholarship. Next assumption would be what high D1 - heaven forbid you are talking about Vanderbilt tuition. For argument sake, let's say a state university with a reasonable $30K cost. Kid or parents are still going to have to come up with $15K each year assuming the scholarship level does not get cut, especially if you actually stick around for 4 years and graduate - 4th year probably cut to 25% so another $7.5K out of pocket. Compare this to 4 years in MiLB. $400K bonus turns into $200K net cash - stash $100K and supplement each of the next 4 years with $25K (after tax cash). Wash out after 4 years (released) and start tapping scholarship monies. Looks like the pro route is decent on economics and parents get to keep from paying over $65K in college costs not covered. Realize $400K is sizeable but also would not think 3 years at 50% is not considered "good" except for a select few pitchers that may get a little higher (if you are offered 100% than perhaps you draft potential would be a little higher and the math might still point towards going pro). I guess it all depends on how big that first check is and whether the kid can get some level of enjoyment in MiLB given that less than stellar lifestyle.
I read over your post a few times. I am not sure I am getting what you said.
I remember quite a few years ago, there was a player here who was drafted out of HS. cant remember what he got but he squandered away every penny. 17,18 year olds are not mature and disciplined enough to not spend. My son has an advisor, he calls him on every thing he needs, and its either yes or no and lets see how we can make this work. He does a good job of not using his principle, letting him spend minimally but can live abit as well. I dont think you get that appreciation until you have worked, and learning how to live on little in milb prepared him well for adulthood.
Mom and Dad are not going to stop junior from going to the mall.