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Maybe by private banker you guys mean the folks with a floor cubicle by the tellers at Chase? I hope no one takes investment sdvice from them. They’re not even cfas. Young people need some spending and saving guidelines. People with substantial assets (as opposed to income) need investment...

Financial advice is critical, agreed. The exchange here was whether a typical kid heading to a marginal nfl career needs a financial advisor (my comment), or a ‘private banker‘ (some other dude’s comment). I admit what that poster even meant by ‘private banker‘ isn’t clear. But in any case...

So a kid who makes a roster and stays there as a low draft pick rookie made $480K in ‘19 [$495 in ‘20]. So under $30K / week during season. Not paid in advance, mind you. If you end up going to the practice squad, which many do, that’s $8K / week. Take out lots of taxes, your agent’s %...

You’re asking the wrong question, imo. UM doesn’t get to control all aspects of players lives. This is about ‘who decides?’, not ‘what sould happen.’ Players will still meet agents and get their questions answered. Prohibition never works. It just moves things into the shadows further, and...

Because censorship has such a great record of results? Banning things doesn’t prevent access to them. It typically just makes it all happen in the dark. Banning information is a complete failure of an idea UM should be embarrassed to be pursuing in the golden age of information flow.

Most guys who go pro are not first rounders and do not have enormous resources, nor needs other than basic financial planning and savings guidance.

Probably the same way politicians benefit by lying to voters?

We have had very fews kids over the past 17 years whose coaches as seniors/draft eligibles were the same coaches who recruited them.

Next up: have a rule banning kids going out to clubs or restaurants because they could meet someone who the AD would rather thry not meet.

Nah, that was Enos.

‘Covered individual’ includes anyone who is a ‘financial planner,’ who works in ‘sports public relations’ or is a ‘brand manager.’ So helping your parents plan their retirement is a violation because you talk to a financial planner? What if you have a child and want advice on saving for...

That speaks volumes.

It would be easy to have a rule that said you cannot intentionally talk to an agent or an agent’s representative without advance prior communication with AD, and define rep narrowly to pick up Pete types but not anyone and everyone, and provide a cure option to clear the airif it happens. But...

Agreed, except basic communication would help rather than trying to make rule breakers of everyone. Kids are going to hear things and want to understand their interests and options. UM AD behaves like the CCCP. Deny and spin and imagine nothing will go wrong.

This has all the hallmarks of typical leftist legislation. Find something you don’t like. Ignore the underlying root issues/causes. Purport to ban it. This would make most kids at UM rule breakers at some point, many without even knowing it. It doesn’t just say don’t meet with an agent. It...