The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
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Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#2Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#3This reminds me of ycombinator. Exploit young people into entering a lottery where the only winner is the diversified investor.
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#4This reminds me of ycombinator. Exploit young people into entering a lottery where the only winner is the diversified investor.
Anyone who can get into YC can easily find a well-paying job elsewhere, which is not true for a teenage dropout whose only skill is basketball
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#5This reminds me of ycombinator. Exploit young people into entering a lottery where the only winner is the diversified investor.
Anyone who can get into YC can easily find a well-paying job elsewhere, which is not true for a teenage dropout whose only skill is basketball
These are some of the best athletes at their age. All of them are guaranteed to make 6 figures playing in Europe if their NBA dreams don't pan out.
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#6Earlier quoted context omitted.
Anyone who can get into YC can easily find a well-paying job elsewhere, which is not true for a teenage dropout whose only skill is basketball
These are some of the best athletes at their age. All of them are guaranteed to make 6 figures playing in Europe if their NBA dreams don't pan out.
Unless they get injured in which case they make 0.
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#7This reminds me of ycombinator. Exploit young people into entering a lottery where the only winner is the diversified investor.
If they get cash up front the time value of money and compounding interest will set them up for a lifetime of higher wage earnings than college -- assuming they don't blow all of it immediately.
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#8https://archive.md/KdsDY
Man this website is wonderful
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#9Earlier quoted context omitted.
These are some of the best athletes at their age. All of them are guaranteed to make 6 figures playing in Europe if their NBA dreams don't pan out.
Unless they get injured in which case they make 0.
It’s not difficult to get a 7-figure loss-of-value insurance policy at this level of talent.
Re: The Teenagers Getting Six Figures to Leave Their High Schools for Basketball
#10Earlier quoted context omitted.
Unless they get injured in which case they make 0.
It’s not difficult to get a 7-figure loss-of-value insurance policy at this level of talent.
Let's say every one of these players is in the top 100 high school prospects (which I doubt). Less than 1/3 of them will even make it to the NBA, let alone make big money there (source https://pudding.cool/2019/03/hype/). Why would anyone insure them?