The WNBA Blows
Posted: Tue Jul 17, 2012 12:02 pm
I have a friend in the athletic department at Baylor, and in a conversation yesterday I mentioned how cool it was that Britney Griner won pretty much everything she could last year, but she still came back for her senior year and to get her degree. When I said that, he basically called me stupid. His points:
- she will receive over $45,000 in aid from Baylor over the next year, with almost zero expenses.
- on the WNBA rookie wage scale she would make less than $40,000 and then have to pay taxes etc out of that.
-after her first 2 years, she's be capped at $95,000 a year until she retires or the league folds.
- the WNBA retirement plan sucks compared to mens'. It's a 401K with 25% matched.
In sum, the only intelligent choice is to stay in school and get a degree, because you won't be retiring off of hoops coin, and in the instance of Baylor, you're losing money any year you skip when you look at value.
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- she will receive over $45,000 in aid from Baylor over the next year, with almost zero expenses.
- on the WNBA rookie wage scale she would make less than $40,000 and then have to pay taxes etc out of that.
-after her first 2 years, she's be capped at $95,000 a year until she retires or the league folds.
- the WNBA retirement plan sucks compared to mens'. It's a 401K with 25% matched.
In sum, the only intelligent choice is to stay in school and get a degree, because you won't be retiring off of hoops coin, and in the instance of Baylor, you're losing money any year you skip when you look at value.
[ Post made via Mobile Device ]