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Virginia Baseball Board


Joined: 8/6/02 Posts: 6464
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If a pro athlete at the highest level in the three major sports can survive

for 3 years and have enough sense to conservatively invest some of their money, they would never have to work again. A player making 4M a year and pays half of that in taxes still has 2M; if they spend half of that each year and put the rest in municipal bonds, they would have 5M saved. They could get close to 5% tax free. That would give them 250K to live on for the rest of their lives without touching the principle. The vast majority of Americans receive on a lot less and still have to pay taxes. I find it difficult to feel sorry for pro athletes

(In response to this post by TriplHoo)

Posted: 01/08/2019 at 7:58PM


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