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this is a discussion within the Saints Community Forum; 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 ...
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#1 |
Professor Crab and
Site Donor 2014 |
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. |
Calvin: "I wish I was a Tiger."
Hobbes: "Common lament." |
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#2 |
Team Doctor
Join Date: Oct 2006
Location: Deep South
Posts: 856
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Re: Adderley: Brees ‘greedy’ and ‘misinformed’
Originally Posted by xan
.... 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.
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#3 |
Professor Crab and
Site Donor 2014 |
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. 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." |
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#4 |
Team Doctor
Join Date: Oct 2006
Location: Deep South
Posts: 856
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Re: Adderley: Brees ‘greedy’ and ‘misinformed’
Originally Posted by xan
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.
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#5 |
10000 POST CLUB
Join Date: Dec 2009
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Re: Adderley: Brees ‘greedy’ and ‘misinformed’
Originally Posted by xan
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
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#6 |
Merces Letifer
Join Date: Dec 2004
Posts: 4,161
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Re: Adderley: Brees ‘greedy’ and ‘misinformed’
Originally Posted by xan
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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#7 |
1000 Posts +
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Re: Adderley: Brees ‘greedy’ and ‘misinformed’
Originally Posted by xan
How about this.![]()
Just because certain people believe they are "enlightened" and all others are fools, does not mean they are correct. Your point failed to make the statement it was intended to make. It has already been acknowledged that players made less money back then. We know the history, but thanks for the jab anyway. The fact that free agency didn't exist does not mean there was no such thing as market value. Free agency is what allowed bidding wars to begin and has brought on these enormous contracts we see today. But even though players of old did not have free agency, they still had the right to demand more money based on their performance, as compared to other players in the league. Their teams could either pay up, or release the player. Obviously, if you have a player who is valuable enough to your team, you wouldn't just let him walk. Free agency just gave players freedom to negotiate with other teams. Tobias already stated the other point I wanted to make, which is, Adderley's peak year earnings where at least five times that of the average person in that time. The argument you're making is only stating what we already know. Players made less then, than they do today... Well, everyone made less then, than they do now. It used to cost about a quarter to go to the movies. The cost of living was much lower then. So what is Adderley's excuse? Those guys wanted as much as they could get then. It's irrelevant how it compares to today. These are much different, and more expensive times. If the average Joe could put his kids through college back then making a fifth of what Adderley did, then why did he have to use his pension? He blew his money, plain and simple. I'm not glad that he's struggling, but he could have done something else after football. Why didn't he? |
If I had a nickel for every time I heard that, the NFL would fine and suspend me.
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Posted By | For | Type | Date | Hits |
The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 01-30-2013 06:13 AM | 10 |
Adderley: Brees ‘greedy’ and ‘misinformed’ | This thread | Refback | 01-30-2013 05:22 AM | 15 |