TPM posted:old_school posted:keewart posted:Son's college team has drafted players come back in the fall semesters to work on completing their degrees while still playing pro ball. They are good roll models.
I met a young man who opted to not go to college (and not going to the CWS one year) and instead take "life changing money". Recently retired from baseball with a new wife and baby, his choices for college were Harvard, Penn, or William & Mary. He had a pretty good "hook" to get in lol, but he must have been (and still) incredibly smart.
I know one who skipped college, got what some on here would consider life changing money, runs a small travel program....college isn't for everyone but then again life wins aren't either. it seems to me if you aren't getting more then 2m signing bonus go to school.
Do you mind me asking what is life changing money?
somewhere around 2m would be the minimum IMO, I guess it depends on what your life goals are.
2m after taxes are close to 1m, give yourself 6 years of minors and college before you pull the plug on baseball career. That would leave a 24 or 25 yr old with a college degree somewhere around 500k in the asset category...that would be potentially life changing assuming they are smart with the money, and that is a very very long way from a sure thing.
if you want to argue 1m is life changing fair enough but I wouldn't agree with you. at the end of 6 years you would be closer to a college degree with no savings, certainly not the end of the world but not life changing and you would have lost/sold the college experience.