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Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

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Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#261

Earlier quoted context omitted.

The NFL started out as almost exclusively white, and is now very mixed-race and the demographics are pretty purely skills-based. So I'm not sure any slave fighting analogies apply.

Just because they're paid a boatload of money doesn't mean they aren't slaves

The fact that they aren't legally considered property means they aren't slaves.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#262
post #250

Earlier quoted context omitted.

> "i ... live on less than $25k a year." there's no way i can believe that. my rent alone is $24,000.

And yet you believe that this is even remotely normal: > my rent alone is $24,000.

Good point. In most of the US, a decent 2-bedroom apartment can be had for <$1,000 / mo. An apartment that would be considered quite large by international standards.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#263

Earlier quoted context omitted.

That is the secret to happiness as far as I am concerned; measure your days by how much you've learned not by how much you have earned. Interesting to know about the retirement 'vest' of 3 years. If he lives another 60 years that is a bit more than $1.25M.

That is the secret to happiness as far as I am concerned; measure your days by how much you've learned not by how much you have earned. Yet the vast majority of the time, this sentiment comes from people who are well-off, e.g. someone with an MIT PhD and an almost impossible-to-screw-up future. There are at least two possibilities. Either people who aren't well-off are just sour grapes, or they deal with a lot more t…

> Yet the vast majority of the time, this sentiment comes from people who are well-off...

Maybe there's some causation here going the other way?

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#264
post #243

Earlier quoted context omitted.

Would you be ok with "nearly as bad" "Based on the national estimate, the majority of concussions resulted from participation in football (40.5%, n = 55 007), followed by girls' soccer (21.5%, n = 29 167), boys' soccer (15.4%, n = 20 929),..." So 40.5% of concussions in football and 36.9% in combined boys/girls soccer. source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2140075/

>"Based on the national estimate, the majority of concussions resulted from participation in football (40.5%, n = 55 007), followed by girls' soccer (21.5%, n = 29 167), boys' soccer (15.4%, n = 20 929),..." >So 40.5% of concussions in football and 36.9% in combined boys/girls soccer. If 21.5% of girls (~6270) and 15.4% of boys (~3223) get concussions then 9493 (6270 + 3223) received concussions out of 50096 (20929 +…

Unfortunately n, in this paper, doesn't seem to mean sample size like you would expect in statistics. It is an extrapolated number of concussions nationwide based on a study of 100 high schools.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#265

Earlier quoted context omitted.

Yes, the NFL should shut down. Yes, it is worse than the 3rd world child labor scenario. The kid in the 3rd world probably has no other choices, and along with his peers, may actually be improving things for his society. Nicholas Kristof (of all people) pointed this out when it was found that someone documenting the horrible conditions at Foxconn fabricated melodramatic stories. (This was a big kerfuffle on This Amer…

so we should just ban boxing as well? skiing is super bad for your knees I hear, should we ban that as well? motor racing? bricolage?

> skiing is super bad for your knees I hear

Only really for girls, even then almost everyone makes a complete recovery.

> bricolage

DIY as a contact sport is a new one for me.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#266

Earlier quoted context omitted.

If you really can't believe that, you need to get out more. FYI I live in a fairly major US city and my rent is a quarter of yours. Your life experience is not normal.

i get out plenty. my apartment is even under market. i don't live with roommates. there is literally no way to get an apartment anywhere close to 50% cheaper by yourself in the market i am in. my experience is perfectly normal here. even in my previous city (a major US city), my rent was only 50% less than it is now. and in that market it would be equally as hard to find one at 50% of that price. if you live for a qu…

No roommates, just a different market. I live in Minneapolis which I do consider to be a great place. That said, the vast majority of Americans live in "different markets" than what you've described, so you might do well to understand how 24k/yr in rent is not normal for most people.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#267

Earlier quoted context omitted.

"Over three years he "only" earned ~$1.8m http://www.spotrac.com/nfl/baltimore-ravens/john-urschel-145... . - which after tax is 7 figures but still not a lot" For a lot of us this would be FU money if you don't have the desire to live big. Plus he gets the pension.

At least in the USA it is in no way FU money unless you are over 60 or something. Assuming you invested it all and didn't spend a single cent, that's 12K a year from interest (generous 7%). You can probably spend 30-40K for 30 years if you decide to dip into the principal. But if you are young, you will have to get a main income source.

"Safe withdrawal rate" is usually pegged at 3.5% to 4%. On an initial lump sum of $1MM, that's $35K-40K/yr, not $12K per year. (I'm not sure where the 7% came from in your post.)

Good scenario modeling tool: cFIREsim: http://www.cfiresim.com/#

You can login as HNHN : HNHNHN and look at the scenario I modeled using the information in this thread. That has a 100% success rate from now until 2080, assuming a 3.5% annual spend ($35K to start) AND ignoring any new money being added (from his mathematics or other work).

It's not Maserati money perhaps, but it's absolutely a secure retirement for someone currently living on $25K/yr.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#268

Earlier quoted context omitted.

I think the point is he isn't "set for life" like some may expect NFL players to be.

He certainly could be, if he keeps living on $25k/year. See [0] and run some calculations at [1]. 0: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim... 1: https://networthify.com/calculator/earlyretirement

Agree. See a financial model here: https://news.ycombinator.com/item?id=14868501

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#269
post #250

Earlier quoted context omitted.

And yet you believe that this is even remotely normal: > my rent alone is $24,000.

Good point. In most of the US, a decent 2-bedroom apartment can be had for <$1,000 / mo. An apartment that would be considered quite large by international standards.

Sure, but imagine a stereotypical American family with three kids, two cars, maybe a dog, and both parents working professional jobs. I don't see how you could consider it abnormal for them to spend $2000 a month to rent a house in the suburbs. If you're talking "globally normal" that's one thing, but by that standard nearly everyone within a thousand miles of me is in abnormally large and expensive housing.

Re: Ravens OL John Urschel, 26, retires abruptly, two days after CTE study

#270

Earlier quoted context omitted.

Would you be ok with "nearly as bad" "Based on the national estimate, the majority of concussions resulted from participation in football (40.5%, n = 55 007), followed by girls' soccer (21.5%, n = 29 167), boys' soccer (15.4%, n = 20 929),..." So 40.5% of concussions in football and 36.9% in combined boys/girls soccer. source: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2140075/

I dont think you understand how percentages work, but don't let that get in the way of your axe to grind.

I've no axe to grind, my daughter did Tae-kwon-do and had no real interest in soccer and my son is special needs and wouldn't be participating in either. I'm not really a football fan, grew up in Indiana where basketball is king.

So if I have something wrong here, please educate me. I am willing to learn. And see my other comment, n isn't a sample size, at least not in that paragraph.

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