For money to double in 7 years, you would have to have an investment account that produces a 12% yield.
Why doesn't the Hurley logic extend to Sheppard?
- Thread starter Son_Of_Saul
- Start date
The difference is that Sheppard is 19 years old and Dan Hurley is 51 years old.
You can be a basketball coach any where between ages 30 and 70 (give or take a few years on both sides) so that's 40 years you can spend coaching.
For the NBA, when you hit 30 years old there's a stark decline in the number of NBA players. And I'd argue that a lot of players never make it to 30.
While I agree that Sheppard may struggle for longevity in the NBA, perhaps playing until he is 25-27 years old, the longer he postpones his NBA career, the fewer years he'll have playing in the NBA.
But... what is more important to him? Playing in the NBA or being a legend at UK?
There's a thread here about retaining Ullis as a coach. Ullis is probably of a similar mold to Sheppard. You really had to wonder if Ullis would be successful in the NBA. He last 2 years in the NBA. If he would have finished out at UK, he likely would have been a legend at UK. That's not faulting Ullis for leaving early - because it really depends on what is important to the individual.
I don't think it's a money issue with Sheppard. I think it's a personal desire issue with Sheppard. How badly does he want to play in the NBA? How important is it for him to be a legend at UK?
You can be a basketball coach any where between ages 30 and 70 (give or take a few years on both sides) so that's 40 years you can spend coaching.
For the NBA, when you hit 30 years old there's a stark decline in the number of NBA players. And I'd argue that a lot of players never make it to 30.
While I agree that Sheppard may struggle for longevity in the NBA, perhaps playing until he is 25-27 years old, the longer he postpones his NBA career, the fewer years he'll have playing in the NBA.
But... what is more important to him? Playing in the NBA or being a legend at UK?
There's a thread here about retaining Ullis as a coach. Ullis is probably of a similar mold to Sheppard. You really had to wonder if Ullis would be successful in the NBA. He last 2 years in the NBA. If he would have finished out at UK, he likely would have been a legend at UK. That's not faulting Ullis for leaving early - because it really depends on what is important to the individual.
I don't think it's a money issue with Sheppard. I think it's a personal desire issue with Sheppard. How badly does he want to play in the NBA? How important is it for him to be a legend at UK?
Again and with all due respect for someone who doesn’t believe in prayer it’s probably best just not to comment on it. Those of us who do believe in prayer understand why prayer plays a role in this type of decision or any other decision for that matter. Of course it seems silly to you since you don’t believe in it, just like all the “green” nonsense seems silly to me since I don’t believe in climate change.
Lol, I don't believe in Aliens or that the world is flat, so I should never discuss them? Yet, you're calling something nonsense that you don’t believe in. That's some circular logic.
That is your interpretation of prayer, but what role does it really play? You're taking something you feel and interpreting as what you think another entity is trying to guide you towards, but ultimately it's just your interpretation of what you want that entity to say.
Praying for God to put you in a situation to have that choice would be one thing, praying to God to help you choose between two already great choices that you likely already feel he blessed you with in the first place seems a bit illogical. At some point you have to make the choice you want, which is what it was always going to be regardless. This whole praying about do I want to be an NBA star or CBB star just diminishes it.
That’s just your take on things. You have no idea what is in another person’s mind.
Lots of people out there have made $100 million without ever stepping on an NBA court. Reed will obviously get the opportunity to do that, whether it's this year or next. What a lot of people here are saying is Reed's Financial future is not in jeapordy regardless of which direction he goes. What it seems a lot of you think it comes down to is how greedy does he want to be? What if Reed's post playing day goal is to live it up with a nice house in London KY and tooling around Lake Laurel in the summers. Doesn't take bagillions to do that, and his dad owns a wealth management company. I have to think his money will get invested responsibly no matter his path in life.
If you’re in the lottery you have to go, it’s just not smart to do otherwise. If it were my son, go get your money, 15 million goes a long way in building a great life.
This. If Reed stays he's essentially giving up 20+ million from his second contract. It's not worth it financially to stay at UK.
There are a myriad of reasons that go into prayer when you understand that God is Omniscient (all knowing). He knows what happens if you stay (to you and others you encounter), he knows what happens if you go (to you and others you encounter). Some decisions alter ones course of life forever. Some people lean on prayer more than others, some people are able to discern Gods direction for their life vs their own while others can’t. Prayer is a very powerful tool at one’s disposal if used in earnest.
1) Chris Marcus from WKU
2) It gives scouts more time to pick apart his game which is why so many one and dones bounce and give off the image of perception.
So God decides for you if you ask? I thought there was a freedom of choice element?
And if God just points everyone in the direction they should go, what is the point of living?
Being all knowing doesn't seem to be the same as all choosing. If he presents you with 2 great choices, isn't some of it up to yourself to choose between the 2?
Again, it all seems a bit illogical when you actually discern it. He will ultimately do what he wants, and prayer and God will be used as a ruse to rationalize the choice to fans. That's the point of religion.
It's just not the same. There is absolutely a point where more money doesn't really change anything for you. But 1-2 million in NIL aint that point.
Hurley is making over 5 million a year, and stands to get somewhat of a raise. He has a long term deal. That dude is literally set for life.
Reed comes back to UK and maybe gets 1-2 million. He doesn't have a long term contract locked up.
If he goes top 10: Cason Wallace went 10th last year. He got 24 million over 4 years. That changes your life a lot more than 1-2 million at Kentucky.
There's a slim chance Reed decides to come back--but it won't be because he thinks 1-2 million is all the money he needs.
Hurley is making over 5 million a year, and stands to get somewhat of a raise. He has a long term deal. That dude is literally set for life.
Reed comes back to UK and maybe gets 1-2 million. He doesn't have a long term contract locked up.
If he goes top 10: Cason Wallace went 10th last year. He got 24 million over 4 years. That changes your life a lot more than 1-2 million at Kentucky.
There's a slim chance Reed decides to come back--but it won't be because he thinks 1-2 million is all the money he needs.
Reed could have a great year and his 3pt % could easily drop. There aren’t many people who shoot 50% from 3 multiple years in college.
Also, is Reed really ready to play in the NBA? He's what, 19? Undersized for a guard in the league, and playing D-1 competition, while not easy, is not the same as going up against the elite of the elite.
Is this a serious question? Point #1: Do you know the difference in the amount of money a high level NIL player would make compared to a top 10 NBA draft pick? It’s not close
Point #2 Hurley has been making 7 figures for a long time. With that, I’m sure he lives below his means and invests a large amount of money every single year. His assets has had decades to compound. He could most likely never have to work again because of the compound effect it’s had on his investments. Meaning he’s at the point in his life where making more money doesn’t change his life/ level of happiness.
Sheppard is 19. He’s been making 7 figures for less than a year (if he’s making that. Which he might be). He probably doesn’t have much in the way of assets yet. He couldn’t quit basketball today without ever having to work again. Again, decades of a large sum of money compounding is the difference here.
So he’d been taking a massive risk in not going to the NBA this year. You’d do it, I’d do it, and 99.9% of the population would do the same.
Point #3 yes Sheppard could in fact get hurt and have a career ending injury. It’s not likely. But he could. Going back to that risk factor, you should absolutely take the guaranteed 7 figure signing bonus. Sure I’d love if he came back. And if any Kentucky ever in the history of a top 10 draft pick Kentucky player were to ever come back, Sheppard might be the most likely… with that being said, it’s not likely
Ready or not, you should not turn down a multiple seven figure signing bonus
lol no you’re not. 2 million is actually barely over 1 million after taxes. Sure you can invest most of it. But a 1 million dollar net worth isn’t retirement money. I became a millionaire in my 30s and I certainly wasn’t “rich” . A fair amount for retirement is more like 5 million at least. Then if you live off the 4% rule, you can live a nice (not extreme) life, and your money will still compound as you live off 200k a year
Jesus Christ I really can't believe this is even a question. The answer is that Reed isn't even 20 yet and Hurley is 51. Hurley made it to the top of his profession and is a multi-millionaire many times over.
Which is exactly what Reed is trying to do, to get to the top of his profession.
Which is exactly what Reed is trying to do, to get to the top of his profession.
Dumb.
Ones in school which doesn't last forever, the other is speaking of his career.
One is deciding what he wants, the other Is what you want.
One is at the pinnacle of his career, the other is just starting
One has reached his goal, the other hasn't
Nah. Reed's career has already started. He can be a millionaire next year and continue that for the next decade or so. Your argument is weak.
The whole argument that you and others have based it on is all about career earnings. Reed is already earning money and will continue to do so. Hurley turned down extra money to be happy. Reed could do the same and still make over 100 million in his career.
Further, how do you know what Reed's goals actually are? What if one of those goals is to get Kentucky to a final four while still being a millionaire in the process? Don't presume to think for him. You have no clue what he's thinking.
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One where you start it with 15 million in the bank, doing your dream job…seems like a pretty good start.
Why must this dreams be mutually exclusive? How do you know one of his dreams is not to win a title at Kentucky? How do you know one of his dreams is not to become the most popular person in the state for the next portion of his life? Why can't he do all of that and still go on to become a millionaire in the NBA? Answer: he can do all of it if that's what he truly wants.
That's bad logic. It assumes that his draft value will plummet to the place where he no longer has an option to turn pro after another year.
Reed isn't a Doron Lamb type with a one-trick pony skill set who must strike when the iron is hot. Sheppard is insanely skilled. Those skills will not depreciate from a second year at kentucky.
You're not even a real Kentucky fan. That fact was established about 3 months ago. Why are you even in this discussion?
You just can't boil everything down to money because it doesn't mean the same thing to everybody. There are billionaires out there who'd happily murder your entire family for another few million and poor people who wouldn't steal a dime from you.
No what I am saying is 5 million doesn’t go as far as you think if he wants to keep up with the Jones etc. a million dollar home and furniture, wardrobe etc means is 20-40% gone if not careful at his age. Where 100 million will definitely last his lifetime. Yes you can say “oh just be conservative with your money” but you also have to realize his age when stating that. He seems smart but the law of average says it goes much much faster than you think if your 20 and want to never work another day in your life for the next 60 years.
I was referring to NIL vs a year on the 2nd contract/career in the NBA. Nothing to do with the draft. There’s nothing bad about what I stated.
😉. Oh but I am. Why else would I be on here. I just think the majority of people on here (not all) are Insane. And I enjoy getting under people like that’s skin. Just admit, I made a good point on this post
It's just a lot of what if this and how do we not know that?
I think the kid is probably wrestling with it as we speak. I just think in the end, long term financial security wins out.
Dan Hurley already has long term financial security. Without Kentucky's 11 million a year--he'll still have more money than he'll ever know what to do with. Reed isn't there. And 1-2 million at Kentucky won't put him there.
24 million in the NBA with the clock ticking towards the 2nd contract will.
And I am sure that Cal had that same thought, that one way to ensure Reed doesn't come back is to encourage anyone on the roster to leave. No doubt in my mind that Cal has talked / texted with these guys since leaving UK.
No need to try and be funny at the expense of someone who's dead. The question was name someone whose draft status was altered due to a career-ending injury in college. Odd question, but the point was clear. Hank never saw any change in draft status.
I’ll be disappointed if Reed doesn’t come back to help rebuild.
He did interviews and segments during the season and claimed UK basketball meant more to him. Put up or shut up time.
I’ll still root for him and follow his career like i do almost all of our other one and dones. But he has a chance to seperate himself from the rest of the fail and bail culture of the last 9 seasons. And it would be really disappointing if he doesn’t take the chance to do that.
Plus Pope will actually run plays to get the best shooter in the country open 3’s. Shepherd under Pope next season could easily be what JJ Reddick was at Duke.
He did interviews and segments during the season and claimed UK basketball meant more to him. Put up or shut up time.
I’ll still root for him and follow his career like i do almost all of our other one and dones. But he has a chance to seperate himself from the rest of the fail and bail culture of the last 9 seasons. And it would be really disappointing if he doesn’t take the chance to do that.
Plus Pope will actually run plays to get the best shooter in the country open 3’s. Shepherd under Pope next season could easily be what JJ Reddick was at Duke.
