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Subject: Re: Giving up an Ivy education for the NIL is short-sited.


Author:
RedWin
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Date Posted: 20:11:22 03/26/24 Tue
In reply to: An Observer 's message, "I'd Rather Stay Out of The Cesspool For Now" on 16:44:10 03/26/24 Tue

No doubt some Ivy players may take advantage of the transfer portal or NIL deals, but in reality the opportunity cost can be huge.

We have a family friend who was a three time All-Ivy football selection and played in the NFL for three seasons but ended early primarily due to injuries. Meanwhile he has remained with the same banking giant his entire career where he is a managing director. The money he has earned from his Ivy League degree completely dwarfs the best NIL or even a full NFL career. There are hundreds of similar stories throughout the Ivy League. Moving to another school for a bigger basketball or football opportunity is probably never going to pan out for most of these student-athletes. Go Ivy League!!!

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[> [> Subject: Re: Giving up an Ivy education for the NIL is short-sited.


Author:
An Observer
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Date Posted: 20:25:56 03/26/24 Tue

On the rare occasions when I have the ear of a young person just starting out on their career, I usually tell them that their first job is to figure out who they are and what will make them happy. A lot of college students see what their classmates are doing and jump to the conclusion that it's what they should do as well.

For some people, what makes them happy really is money. But for many, it's not money or at least it's far from exclusively money.

Even for the folks for whom money will make them happy or they THINK money will make them happy, I advise them, "If you want to chase money, then chase money. But make sure you chase LONG-TERM money."

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