Tuesday, December 20, 2005

Where are you going, Roger?

According to a public talk that Roger Clemens gave two nights ago, he will decide whether he will or he won't play the 2006 season sometime in January or February.

He said that there are four teams that he would consider playing for:

The Astros, Rangers, Red Sox, and the Yankees.

This pretty much confirms that spending lots of time with his children is clearly not his top priority in life.

To me, Roger appears to be addicted to glory, much like other superstar athletes like Michael Jordan, Cal Ripken, Jr., and Magic Johnson.

These athletes have more money than their great, great, great great grandchildren will ever need to live good lives, and yet, they are willing to spend many days and sometimes weeks away from home.

Since making his professional debut with the Red Sox in 1988, Roger has earned 119,321,000.00 million dollars. That's over 119 million dollars, and that's not including bonuses or deferred money. The Yankees still owe him approximately 5 million dollars in deferred money for his second to last season in pinstripes.

The antithesis of Roger Clemens is Scott Brosius.

Talk about a classy guy, a genuine family man.

Towards the end of the 2001 regular season, Scott was playing out the final year of his contract for the Yankees. His production had not declined, and at 35 years of age, there's no question that he could have gotten a contract from some team, possibly the Yankees, to play for another 2-3 years at 5 million dollars per year.

But after 9/11, Scott's family in Oregon, particularly his daughter, said that it was time for them to be a family again.

And just like that, Scott Brosius walked away from his professional baseball career.

How much had Scott made up until that point?

22,388,000.00 million dollars. That's a little more than 22 million dollars, not including bonuses.
Now that's a good family man in my book.

Let's be real. A family with good values can live very comfortably on an annual income of 100,000.0o0.

Assuming a very conservative interest rate (from bonds) of 5%, a family could earn 100,000.00 in annual income from savings of 2 million dollars.

That's right, if you have 2 million dollars in the bank, you could safely earn 100,000.00 in interest income, year in, year out, without ever touching the 2 million dollars.

Assuming that Scott saved just 10 million of the 22 million plus that he earned during his 10 year career, he is now living in Oregon with his family with an annual income of 500,000.00 dollars, from interest only.

Assuming that Roger Clemens saved just 60 million of the 119 million plus dollars he has earned since 1988, his savings are producing at least 3 million dollars per year in interest income, assuming a very conservative rate of 5%.

Bottom line: a guy like Roger Clemens can say all he wants that he wants to spend more time with his kids, but his words will always be completely drowned out by his actions.

- Joshua
InsideTheYankees.com

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