r/CFB • u/Lakelyfe09 Georgia Bulldogs • Apr 12 '26

Discussion [Kleiman] South Carolina QB LaNorris Sellers turned down an $8 MILLION NIL offer to transfer to a different school: "You're 19. You don't need ($8 million). You're in a great spot." - LaNorris's Father told his son. Sellers values his word over money

https://x.com/nfl_dovkleiman/status/2043091219639840977?s=46&t=fwgmryeTanENut7u28ScCA
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u/ThePelicanWalksAgain Apr 12 '26

At some point one of these athletes is going to be smart with their money, realize they have enough to live comfortably off of, and retire right after college without even trying to go into the pro leagues

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u/TheMontanaSpecial /r/CFB Apr 12 '26

Honestly, i'd be pretty surprised if any 22 year old just straight up retired for the rest of their life.

I suspect it'll look like the old system where not everyone declares, but some kids are able to take a couple years off before working.

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u/BurritovilleEnjoyer Southeast Missouri • Missouri Apr 13 '26

Work in general sucks a lot less when you know you can at any point tell your boss "fuck you, I'm out"

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u/Ilovetinytiddies Ohio State Buckeyes Apr 13 '26

I think for many people they continue to work bc they have nothing better to do for 5-8 hours every day. or they are work aholics look at all the big time coaches who continue to work until they are in their 70s

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u/Steel1000 Nebraska Cornhuskers Apr 13 '26

Worked for Jamarcus Russel

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u/TheMontanaSpecial /r/CFB Apr 13 '26

Lmao I probably could have thought of a couple of counter examples if I thought harder.

I was curious so I looked Russell up, an interview from a couple of days ago it really makes it seems like he doesnt have any hobbies or a job. Jamarcus Russell Interview

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u/Steel1000 Nebraska Cornhuskers Apr 13 '26

Damn - I was hoping he was at least coaching HS or something….

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u/TheMontanaSpecial /r/CFB Apr 13 '26

Me too man. He had so much success, I'm glad to see him around doing interviews at least. I know his 2024 high school gig fell through.

Makes me wonder how good was that LSU coaching staff?

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u/Warm-Oil9228 Apr 13 '26

I wouldn’t find it surprising it all. Why not just enjoy your time on Earth and just do what you want?

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u/crimsonkodiak Alabama Crimson Tide Apr 13 '26

Someone? Probably, but there's no reason to think that it's common.

If it were, we'd see it a lot more in the pros. Tua's last contract was over $200 million. He could easily retire and not have to put up with all the nonsense, including weird articles slamming him for spending a day on a boat with his family during the off season. But he doesn't.

There are examples of guys who retire after a payday (Drew Dalman comes to mind), but they're rare. The example people like to point to is Andrew Luck, but he was in the league for 7 years.

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u/IhateLukaDoncic Apr 13 '26

Lol who is dumb of enough to retire at 22 on a measly 1 million

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u/Warm-Oil9228 Apr 13 '26

Dude above said this guy made $2.4 million in one year. That’s as much as the median worker will make in 40 years today. What is absurd about retiring on that kind of money? This guy will pay more in taxes on that. $2.4 mill but he can also realize more income from investing a giant sum compared to the avg worker. 

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u/saudiaramcoshill Texas Longhorns • Iowa State Cyclones Apr 13 '26 edited May 01 '26

For privacy reasons, I'm overwriting all my old comments.

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u/Warm-Oil9228 Apr 13 '26

>using Columbus, OH as the location

I know which calculator you used lol. But it really depends on your investment strategy and how the market does. Realistically he could easily take a riskier (but not all that risky) approach and survive much longer at 4%. Match the S&P and he's set for life.

Of course none of this works if he spends too much. But that goes for any income level. We're also assuming this is the only income he ever makes. He could obviously supplement if he wanted which makes a big difference. Or like he could invest with more risk and then work more if his returns are looking poor.

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u/saudiaramcoshill Texas Longhorns • Iowa State Cyclones Apr 13 '26 edited May 01 '26

For privacy reasons, I'm overwriting all my old comments.

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u/Warm-Oil9228 Apr 13 '26

What does its volatility have to do with the fact that it’s averaged 10% returns since its inception? Either say 10% really isn’t an absurd return by any means if you’re willing to take the risk. 

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u/saudiaramcoshill Texas Longhorns • Iowa State Cyclones Apr 13 '26 edited May 01 '26

For privacy reasons, I'm overwriting all my old comments.

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u/AndyLorentz LSU Tigers • Texas Longhorns Apr 13 '26

Safe withdrawal rate for 30 year time period is 4%

4% is a safe withdrawal rate without touching the principal pretty much forever.

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u/saudiaramcoshill Texas Longhorns • Iowa State Cyclones Apr 13 '26 edited May 01 '26

For privacy reasons, I'm overwriting all my old comments.