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Started By
Message
re: Brice Turang Related: Differences between H.S. players going pro vs going to school
Posted on 6/17/18 at 11:03 am to H-Town Tiger
Posted on 6/17/18 at 11:03 am to H-Town Tiger
Cut it jn half if you’re that stupid of an investor.
He is still 200k wealthier in 3 years than sitting his arse in college just from that 1MM of the money he walks away with.
If the agent standard is 10% (which is middle of the road) and taxes are 38%, then 1/2 of the 4 MM is gone off the top. That leaves another 2 MM to invest and live on for until he gets his first contract after his rookie deal. The average MLB rookie makes about 520K so not chump change.
In reality he will need about 150K to live on per year for 4 years without any money from the minor league team. That’ll pay for his conditioning and hitting/fielding coaches etc. So about 600K of the 2 MM. take that and invest minimum of 1MM and you’ll see that money is earning money to offset his current living expenses.
There are agent fees and taxes REGARDLESS IF WHEN HE SIGNS - DAMN MAN.
And yes I follow it EVERY DAY because I’m retired and was able to do so by investing.
He is still 200k wealthier in 3 years than sitting his arse in college just from that 1MM of the money he walks away with.
If the agent standard is 10% (which is middle of the road) and taxes are 38%, then 1/2 of the 4 MM is gone off the top. That leaves another 2 MM to invest and live on for until he gets his first contract after his rookie deal. The average MLB rookie makes about 520K so not chump change.
In reality he will need about 150K to live on per year for 4 years without any money from the minor league team. That’ll pay for his conditioning and hitting/fielding coaches etc. So about 600K of the 2 MM. take that and invest minimum of 1MM and you’ll see that money is earning money to offset his current living expenses.
There are agent fees and taxes REGARDLESS IF WHEN HE SIGNS - DAMN MAN.
And yes I follow it EVERY DAY because I’m retired and was able to do so by investing.
0
Posted on 6/17/18 at 11:08 am to 0
quote:. I met a young man that pitched for LSU last year at the Fidelity office investing. He was a senior lefty from the 2016 club. Maybe he was the exception.
I would bet most of the kids that get drafted don’t even think about investing it and the ones who do aren’t getting back a 10% roi in the first year of doing so.
They get all sorts of financial advice when they play in college and trust me, they invest when you’re talking about a contract like this kid will get. THEY HAVE TO INVEST. Good ole Bank of America would even do that for you. Geez
Posted on 6/17/18 at 11:40 am to 0
quote:
I would bet most of the kids that get drafted don’t even think about investing it
That's probably true in a lot of cases. Guys like Ben McDonald did it right, in large part, because of his family's urging to be prudent and wise with his money.
Not all kids have that same kind of family support.
Posted on 6/17/18 at 11:42 am to tadelatt
Can you track 1st round draft picks drafted out of high school and compare the guys that went pro vs those that went to college?
I'd be curious to see what % improved their draft stock and how they fared once in the minors.
I'd be curious to see what % improved their draft stock and how they fared once in the minors.
Posted on 6/17/18 at 1:56 pm to tadelatt
The biggest factors in a HS player picked in the mid 1st round to the 3rd or 4th round is risk and confidence. All players are drafted based on potential. A highly drafted HS player that goes to college runs the risk of not playing up to the expectations he created for himself at the HS level. However, if he goes to college and meets or exceeds those expectations, MLB teams have much more confidence in selecting that player in the draft since he has already lived up to his potential at the next level and closer to being ready for the big leagues.
Posted on 6/17/18 at 2:23 pm to LSU82BILL
Difficult for me to not think of an infield of Smith 3B Turang SS Brousard/Dugas 2nd and Garza at 1st with Mathis/Willis C. and being thrown to by Walker, Marceaux, Hill, Hess, Storz, Hilliard, Beck, Labas etc... With the entire OF returning Cabrera LF, Watson CF, Duplantis in RF with newcomer Giovanni DiGiacomo. Not to forget another big bat in Beloso from the left side. Sick as frick. I realize the Turang thing is a long shot at best but no harm thinking.
Posted on 6/17/18 at 2:52 pm to tadelatt
So, if you give the scouts more data they can more accurately predict success. Who knew
Posted on 6/17/18 at 5:31 pm to tadelatt
quote:
Average Time in Minors
High School Players: 4.1 years of driving first Mercedes, eating steak & lobster every night, and letting it rain at house parties
College Players: 2.5 years ago, was driving grandpaw's Ford Granada, eating Little Caesars pizza every night, and doing Skip Bertman impressions at the Quad
Posted on 6/17/18 at 8:45 pm to tadelatt
College players spend at least 2 years in college, so add that to their time in minors and high schoolers get to the pros quicker.
Posted on 6/17/18 at 8:59 pm to tadelatt
Is the proper measurement average time in minors or average age reaching the show?
Posted on 6/18/18 at 6:21 am to Meauxjeaux
"All this about high school and college players and you know there’s already a 16-year-old Dominican in the twins organization that’s better than all the others."
What is the proper conversion ratio from Dominican years to real years?
What is the proper conversion ratio from Dominican years to real years?
Posted on 6/18/18 at 10:57 am to Tiger nation 929
quote:
lol it adds up to 107.3%. Gotta love good old math.
what?
HS make it + don't make it = 100%
college make it + don't make it = 100%
Posted on 6/18/18 at 11:09 am to MLCLyons
quote:
HS make it + don't make it = 100%
college make it + don't make it = 100%
But they shouldn't add up to 100%.
There are still players that were drafted out of HS and college that are playing in the minor leagues that will make it to the majors.
So they don't fit in the "Didn't make it category" because their chance isn't over.
Posted on 6/18/18 at 3:42 pm to ProjectP2294
quote:
But they shouldn't add up to 100%.
There are still players that were drafted out of HS and college that are playing in the minor leagues that will make it to the majors.
So they don't fit in the "Didn't make it category" because their chance isn't over.
what was the time period looked at? There are definitely enough years of looking at players where no one from a particular draft class is still playing in the minors. I don't know how far back you have to go for that though. I know there are players in their 40s in the majors but I doubt there's many in the minors, and if they're in their 40s and have never been called up, it's probably a safe bet they never will.
Posted on 6/23/18 at 9:52 am to MOT
1st Round Picks since 2008, who didn't sign: 11
2008: Gerrit Cole, RHP, 28th (New York Yankees)
2009: LeVon Washington, 2B, 30th (Tampa)
2009: Matt Purke, LHP, 14th (Texas)
2010: Dylan Covey, RHP, 14th (Milwaukee)
2010: Karsten Whitson, RHP, 9th (San Diego)
2011: Brett Austin, C, 54th (San Diego)
2011: Tyler Beede, RHP, 21st (Toronto)
2013: Matt Krook, LHP, 35th (Miami, Florida back then)
2013: Phil Bickford, RHP, 10th (Toronto)
2014: Brady Aiken, LHP, 1st (Houston)
2016: Nick Lodolo, LHP, 41st (Pittsburgh)
2008: Gerrit Cole, RHP, 28th (New York Yankees)
2009: LeVon Washington, 2B, 30th (Tampa)
2009: Matt Purke, LHP, 14th (Texas)
2010: Dylan Covey, RHP, 14th (Milwaukee)
2010: Karsten Whitson, RHP, 9th (San Diego)
2011: Brett Austin, C, 54th (San Diego)
2011: Tyler Beede, RHP, 21st (Toronto)
2013: Matt Krook, LHP, 35th (Miami, Florida back then)
2013: Phil Bickford, RHP, 10th (Toronto)
2014: Brady Aiken, LHP, 1st (Houston)
2016: Nick Lodolo, LHP, 41st (Pittsburgh)
Posted on 6/23/18 at 9:53 am to MLCLyons
It's a small sample size, I can go further back but it takes a lot longer to compile the data because I go draft from draft.
Posted on 6/23/18 at 11:06 am to tadelatt
Was Gerritt Cole on the UCLA team that smoked us?
Posted on 6/23/18 at 12:06 pm to JRock99
Yes I believe it was he and Trevor Bauer. Also had an all American closer
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