Quote:
Originally Posted by BayMoWe335
It’s good, but it’s essentially a $6M investment (what he could have taken in 2000) paid out as an annuity with an 8% return. It will be around $30M when the last payment is made.
Had he taken the $6M in full in 2000 and invested it in the S&P 500, he’d probably actually do a little better than this deal.
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guaranteed vs speculative.
guaranteed should win out for any athlete after all these "30 for 30: Im broke AF" documentaries.