Adderley: Brees ‘greedy’ and ‘misinformed’

subguy · 01-30-2013, 12:11 PM

Originally Posted by poydras

I wish Drew would quit wading into these issues but he has a point. Players retired and tried to keep living like they were still playing and simply ran out of money. Now they're trying to say that today's players should be picking up the tab on their lifestyle.

Maybe that is what the old players are hoping for and maybe not. It is hard to say. I do wish Drew would collect his millions and shhh.

bobdog86 · 01-30-2013, 09:07 AM

Touchy subject for all players, current and past. I'm sure part of what Drew was conveying and the reason for what Mr Adderley did with his money was valid. Every player has a story, some squandered millions, some made wise decisions and succeeded. I don't think what Drew said was wrong, nor entirely disagree with Mr Adderley's position. Every person is responsible for their own selves,,,it is what it is.

Beastmode · 01-30-2013, 10:06 AM

Big picture, most NFL players don't make that much. Factor in the length of the average career (2 years), additional medical costs, and having to get back to the real world for another 40-50 years. And how many of them live a modest lifestyle, almost none. Now add a divorce to it. Brees is right. Financial responsiblity falls on them alone. I'm willing to bet if the NFL said no, you can't cash out your pension the same ones complaining now would be complaining they could not get to the money they earned.

I do agree that things are better for players now than say 25 years ago but that is life. It happens in almost every line of work. Policies change, agreements change.

Papa Voodoo · 01-30-2013, 10:22 AM

There are only 5 or 6 people in the world that can do what Brees does. That's why he gets the big bucks.

Why isn't Jim Brown making a big deal about it?

xan · 01-30-2013, 10:23 AM

I'm not taking sides. Just pointing out that Mr. Adderly's salary in 1972 was almost $50,000, his 11th season in the league. Over that time period, he amassed more than $90,000 in bouses associated with playoff games. He was the first black man drafted by and to play for the Packers in 1961, and was underpaid during his first 9 seasons relative to other white players. His rookie contract was for 4 seasons and, at the time, with no free agency, Green Bay dictated his salary. When free agency was available, Mr. Adderly signed with the Cowboys, who, essentially, doubled his salary.

In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000.

I just want to remind some posters that being ignorant of history is no reason to post statements about what former players should have or could have done from that era. It's like the statement by the NRA lobbiest who said that if slaves had guns they might have had it better in the US.

poydras · 01-30-2013, 10:41 AM

Originally Posted by xan

I'm not taking sides. Just pointing out that Mr. Adderly's salary in 1972 was almost $50,000, his 11th season in the league. Over that time period, he amassed more than $90,000 in bouses associated with playoff games. He was the first black man drafted by and to play for the Packers in 1961, and was underpaid during his first 9 seasons relative to other white players. His rookie contract was for 4 seasons and, at the time, with no free agency, Green Bay dictated his salary. When free agency was available, Mr. Adderly signed with the Cowboys, who, essentially, doubled his salary.

In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000.

I just want to remind some posters that being ignorant of history is no reason to post statements about what former players should have or could have done from that era. It's like the statement by the NRA lobbiest who said that if slaves had guns they might have had it better in the US.

.... but that's true of any occupation from cab driver to neurosurgeon. I would hate for my counterpart from 50 years ago to come up and demand money from me, because they didn't save enough to live on, just because I make more now than they did then (when gas was 25 cents a gallon). The point is that no matter what you make, save enough to live on and don't expect to be taken care of by society.

xan · 01-30-2013, 11:30 AM

Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system.

A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced.

Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs.

Originally Posted by poydras

.... The point is that no matter what you make, save enough to live on and don't expect to be taken care of by society.

I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check.

poydras · 01-30-2013, 11:52 AM

Originally Posted by xan

Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system.

A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced.

Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs.

I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check.

I'm assuming that Social Security and Medicare will be long extinct by the time I'm eligible. I don't consider either in my retirement planning.... but thanks for the tip.

TheOak · 01-30-2013, 12:18 PM

Originally Posted by xan

Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system.

A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced.

Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs.

I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check.

I get it... Adderley is angry because of the way things were back then.

I seriously doubt Drew's example had to go back to find someone 73 years old for fitting examples.

He probably only had to go back to yesterdays Terrell Owens or Mike Vick.

Adderley probably deserves some assistance, I do not know his story. TO deserves nada.. I know his story. However TO would benefit.

Here is the list Drew was talking about with examples... Topping the list is Dam Marino.
78 Percent of NFL Players Bankrupt or Broke

Ten Reasons Why NFL Players Go Broke | National Football Post

Warren Sapp's sad bankruptcy auction not the first?or last?tale of Jocks Gone Broke - NFL - Sporting News

Tobias-Reiper · 01-30-2013, 02:34 PM

Originally Posted by xan

In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000.

I know... $275,000 a year today is such a slave wage... with the average salary of today's Joe Schmoe being a whooping $40,000... oh, wait.

... so Mr Adderley got a 1 time payment of $50,000 dlls, his biggest payday. He could have gone out and bought himself a brand new Cadillac Fleetwood 75 and still have $40,000 (which is 4 times what the average American made in 1972), or instead of buying the new Cadi, put those $10,000 into a CD or just aside in a plain old savings account to pay for her daughter's college. I am going to take a wild guess as to which one Mr Adderley chose.

01-30-2013, 12:11 PM	#1
subguy 1000 Posts + Join Date: Aug 2002 Location: FL Posts: 2,104	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Originally Posted by poydras I wish Drew would quit wading into these issues but he has a point. Players retired and tried to keep living like they were still playing and simply ran out of money. Now they're trying to say that today's players should be picking up the tab on their lifestyle. Maybe that is what the old players are hoping for and maybe not. It is hard to say. I do wish Drew would collect his millions and shhh. SapperSaint likes this.

01-30-2013, 09:07 AM	#2
bobdog86 Site Donor Join Date: Mar 2012 Location: Washington State Posts: 1,487	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Touchy subject for all players, current and past. I'm sure part of what Drew was conveying and the reason for what Mr Adderley did with his money was valid. Every player has a story, some squandered millions, some made wise decisions and succeeded. I don't think what Drew said was wrong, nor entirely disagree with Mr Adderley's position. Every person is responsible for their own selves,,,it is what it is. Crusader likes this.

01-30-2013, 10:06 AM	#3
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Big picture, most NFL players don't make that much. Factor in the length of the average career (2 years), additional medical costs, and having to get back to the real world for another 40-50 years. And how many of them live a modest lifestyle, almost none. Now add a divorce to it. Brees is right. Financial responsiblity falls on them alone. I'm willing to bet if the NFL said no, you can't cash out your pension the same ones complaining now would be complaining they could not get to the money they earned. I do agree that things are better for players now than say 25 years ago but that is life. It happens in almost every line of work. Policies change, agreements change.
Beastmode 5000 POSTS! + Join Date: Jul 2010 Posts: 9,126

01-30-2013, 10:22 AM	#4
Papa Voodoo 1000 Posts + Join Date: Jun 2007 Posts: 1,634	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ There are only 5 or 6 people in the world that can do what Brees does. That's why he gets the big bucks. Why isn't Jim Brown making a big deal about it?

01-30-2013, 10:23 AM	#5
xan Professor Crab and Site Donor 2014 Join Date: Oct 2004 Location: Princeton Posts: 3,373 Blog Entries: 34	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ I'm not taking sides. Just pointing out that Mr. Adderly's salary in 1972 was almost $50,000, his 11th season in the league. Over that time period, he amassed more than $90,000 in bouses associated with playoff games. He was the first black man drafted by and to play for the Packers in 1961, and was underpaid during his first 9 seasons relative to other white players. His rookie contract was for 4 seasons and, at the time, with no free agency, Green Bay dictated his salary. When free agency was available, Mr. Adderly signed with the Cowboys, who, essentially, doubled his salary. In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000. I just want to remind some posters that being ignorant of history is no reason to post statements about what former players should have or could have done from that era. It's like the statement by the NRA lobbiest who said that if slaves had guns they might have had it better in the US. Crusader, Rugby Saint II, TheOak and 1 others like this.
	Calvin: "I wish I was a Tiger." Hobbes: "Common lament."

01-30-2013, 10:41 AM	#6
poydras Team Doctor Join Date: Oct 2006 Location: Deep South Posts: 856	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Originally Posted by xan I'm not taking sides. Just pointing out that Mr. Adderly's salary in 1972 was almost $50,000, his 11th season in the league. Over that time period, he amassed more than $90,000 in bouses associated with playoff games. He was the first black man drafted by and to play for the Packers in 1961, and was underpaid during his first 9 seasons relative to other white players. His rookie contract was for 4 seasons and, at the time, with no free agency, Green Bay dictated his salary. When free agency was available, Mr. Adderly signed with the Cowboys, who, essentially, doubled his salary. In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000. I just want to remind some posters that being ignorant of history is no reason to post statements about what former players should have or could have done from that era. It's like the statement by the NRA lobbiest who said that if slaves had guns they might have had it better in the US. .... but that's true of any occupation from cab driver to neurosurgeon. I would hate for my counterpart from 50 years ago to come up and demand money from me, because they didn't save enough to live on, just because I make more now than they did then (when gas was 25 cents a gallon). The point is that no matter what you make, save enough to live on and don't expect to be taken care of by society. iceshack149, SaintGup and aintasinner like this.

01-30-2013, 11:30 AM	#7
xan Professor Crab and Site Donor 2014 Join Date: Oct 2004 Location: Princeton Posts: 3,373 Blog Entries: 34	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system. A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced. Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs. Originally Posted by poydras .... The point is that no matter what you make, save enough to live on and don't expect to be taken care of by society. I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check.
	Calvin: "I wish I was a Tiger." Hobbes: "Common lament."

01-30-2013, 11:52 AM	#8
poydras Team Doctor Join Date: Oct 2006 Location: Deep South Posts: 856	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Originally Posted by xan Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system. A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced. Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs. I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check. I'm assuming that Social Security and Medicare will be long extinct by the time I'm eligible. I don't consider either in my retirement planning.... but thanks for the tip.

01-30-2013, 12:18 PM	#9
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 19,055	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Originally Posted by xan Again, not taking sides, just pointing out that the conditions of segregation, wage discrimination, no freedom of labor competition, and the unwillingness of owners to invest in technologies that would mitigate injury are not present in the current system. A more apt equivalency would be coal workers who worked in despicable conditions and poor wages, limited to no pension, and who suffered later in life, should have planned better for their unforseen catastrophic issues that nearly all faced. Sure, they all could have been investment bankers, or they all could have chosen to be born in a period of history that recognized the real risks and opportunity costs. I hope you aren't planning to take your social security, (a third of what you deserve based on what you contributed) or medicare (less than one tenth). "Society" picking up the tab for your inability to save or plan is probably abhorent to you. I will alert the Treasury to be on the lookout for your check. I get it... Adderley is angry because of the way things were back then. I seriously doubt Drew's example had to go back to find someone 73 years old for fitting examples. He probably only had to go back to yesterdays Terrell Owens or Mike Vick. Adderley probably deserves some assistance, I do not know his story. TO deserves nada.. I know his story. However TO would benefit. Here is the list Drew was talking about with examples... Topping the list is Dam Marino. 78 Percent of NFL Players Bankrupt or Broke Ten Reasons Why NFL Players Go Broke \| National Football Post Warren Sapp's sad bankruptcy auction not the first?or last?tale of Jocks Gone Broke - NFL - Sporting News
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

01-30-2013, 02:34 PM	#10
Tobias-Reiper Merces Letifer Join Date: Dec 2004 Posts: 4,161	Re: Adderley: Brees ‘greedy’ and ‘misinformed’ Originally Posted by xan In today's dollars, his peak year earning (1972) was [(229.6/41.8)*$50K)] $274,600. Minimum wage in 2012 was $380,000. I know... $275,000 a year today is such a slave wage... with the average salary of today's Joe Schmoe being a whooping $40,000... oh, wait. ... so Mr Adderley got a 1 time payment of $50,000 dlls, his biggest payday. He could have gone out and bought himself a brand new Cadillac Fleetwood 75 and still have $40,000 (which is 4 times what the average American made in 1972), or instead of buying the new Cadi, put those $10,000 into a CD or just aside in a plain old savings account to pay for her daughter's college. I am going to take a wild guess as to which one Mr Adderley chose.
	'Cause the simple man pays the thrills, the bills and the pills that kill

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