Shamorie wins the Haggerty Award!

[quote="Chicago Days" post=282657][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

Odds seem long Shamorie will be a 1st round pick. But he could play very well at the combine and gain lucrative offers from Europe. If he’s not a 1st round pick, I wish that for him.
I do not wish the empty arenas of the D League.
Whatever road he chooses, I wish him the best of luck.
A great Johnny forever.[/quote]

Brunson won't get drafted, could've returned, and he's gone.
Lots of places to make money playing hoop.
Ronnie Stewart made a very nice living for himself over in Europe.
 
[quote="Tom in Salem" post=282684][quote="Chicago Days" post=282657][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

Odds seem long Shamorie will be a 1st round pick. But he could play very well at the combine and gain lucrative offers from Europe. If he’s not a 1st round pick, I wish that for him.
I do not wish the empty arenas of the D League.
Whatever road he chooses, I wish him the best of luck.
A great Johnny forever.[/quote]

Brunson won't get drafted, could've returned, and he's gone.
Lots of places to make money playing hoop.
Ronnie Stewart made a very nice living for himself over in Europe.[/quote]

Bro, Brunson is already a projected first round pick ( currently projected 29th to Brooklyn).
 
[quote="Class of 72" post=282655][quote="88grad" post=282590][quote="Paultzman" post=282580]Zach B
Shamorie Ponds admitted this will be a big week. A Combine invite will reveal a lot of where he stands. Did say he's "60/40" with edge to staying in draft, but that could obviously change. #sjubb[/quote]

There are 236 players that have declared early for the draft. Add in seniors and international players vying for 60 spots. Does anyone see Shamorie getting drafted?[/quote]

Did anyone think Marcus LoVett would get drafted? It didn't stop him from leaving the team.
Unless he bombs in the tryouts I sense he has made up his mind to play pro ball......likely overseas. Call it the LoVett effect if you will but Marcus' influence was not a positive one for Shamorie. Likely why the rush to secure transfer guards.
If Ponds is saying 60/40 you can bet it's 70/30. Let's hope for a poor showing to knock some sense into him.[/quote]

I told folks to not pen Ponds in next season's line up so quickly. Granted, he could still very well have a change of thought, but don't exactly count it.
 
[quote="Sju grad 13" post=282689][quote="Tom in Salem" post=282684][quote="Chicago Days" post=282657][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

Odds seem long Shamorie will be a 1st round pick. But he could play very well at the combine and gain lucrative offers from Europe. If he’s not a 1st round pick, I wish that for him.
I do not wish the empty arenas of the D League.
Whatever road he chooses, I wish him the best of luck.
A great Johnny forever.[/quote]

Brunson won't get drafted, could've returned, and he's gone.
Lots of places to make money playing hoop.
Ronnie Stewart made a very nice living for himself over in Europe.[/quote]

Bro, Brunson is already a projected first round pick ( currently projected 29th to Brooklyn).[/quote]

damn, another mea culpa.
never even looked.
he's no ponds though.
 
Certainly wouldn't shock me if he stays or leaves. I doubt that Shamorie gets drafted before the second round but does coming back guarantee that he becomes a 1st round pick next year? Rhetorically definitely not. I think another year in college would improve his game more then a year in the G league but to be honest I have never watched a full G league game and its a definite possibility that I may never. He certainly can make good money in Europe but he seems to really want to play in the NBA and once you go down the Europe road you don't often make it back to the NBA I would think. I hope he comes back next season because I enjoy watching him play. If he chooses to leave we need another solid player as our depth will again be a question.
 
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[quote="Beast of the East" post=282681][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

I'm troubled by this sentiment - not that a long and prosperous NBA career wouldn't be life changing, but that any NBA career would set him up for life.

The NBA minimum salary is $543K. It's a nice chunk of change, but the government basically will get half of that in taxes, and you cannot even live like an NBA player at that level.

Even if you presume a 5 year NBA career and say $10 million in total earnings, that would likely not last a lifetime.
I remember reading that Walter Berry was earning a ton of money in Europe, but after his playing days were over could not afford to keep his mansion down south.

Kids see NBA players driving tricked out Escalades, on TV living in multi-million dollar cribs, and imagine having a crew that hangs with them in expensive clubs and restaurants.

Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending:

https://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes[/quote]


Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending after having banged a Kardashian.
 
Andrew wrote: Certainly wouldn't shock me if he stays or leaves. I doubt that Shamorie gets drafted before the second round but does coming back guarantee that he becomes a 1st round pick next year? Rhetorically definitely not.

Brunson very definitely improved his draft stock by playing his junior year. Almost certainly will go somewhere in first round and would likely have not been drafted last year. Delgado didn't help himself by staying another year, but he already had 3 years playing in college and NCAA tournament exposure. Absent a fabulous showing in workouts/combine, Shamorie will at best be a second round pick this year. If he is happy making immediate money by playing in Europe, he may well leave. But if he wants to go straight to NBA with no stops in Europe or G league, barring an amazing showing in draft workouts, he will likely come back for one more year. Either way, I wish him the best.
 
HEY, IF HE IS SMART gets a good investment person he can trust even if he played overseas he can make good money over a 5 yr contract then takes what he has invested comes back and leads a normal life and retired before 30 not to shabby or goes into coaching
 
[quote="Beast of the East" post=282681][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

I'm troubled by this sentiment - not that a long and prosperous NBA career wouldn't be life changing, but that any NBA career would set him up for life.

The NBA minimum salary is $543K. It's a nice chunk of change, but the government basically will get half of that in taxes, and you cannot even live like an NBA player at that level.

Even if you presume a 5 year NBA career and say $10 million in total earnings, that would likely not last a lifetime.
I remember reading that Walter Berry was earning a ton of money in Europe, but after his playing days were over could not afford to keep his mansion down south.

Kids see NBA players driving tricked out Escalades, on TV living in multi-million dollar cribs, and imagine having a crew that hangs with them in expensive clubs and restaurants.

Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending:

https://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes[/quote]

Agree Beast. It's not a Yellow Brick Road for most guys even in the NBA.
But, call it the 'con' of the dream. A mighty powerful fantasy that we may not 'get' but we have to understand how powerful a fantasy it is for most players who are in that top 1% who can sniff the 'glory'.
 
[quote="Chicago Days" post=282699][quote="Beast of the East" post=282681][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

I'm troubled by this sentiment - not that a long and prosperous NBA career wouldn't be life changing, but that any NBA career would set him up for life.

The NBA minimum salary is $543K. It's a nice chunk of change, but the government basically will get half of that in taxes, and you cannot even live like an NBA player at that level.

Even if you presume a 5 year NBA career and say $10 million in total earnings, that would likely not last a lifetime.
I remember reading that Walter Berry was earning a ton of money in Europe, but after his playing days were over could not afford to keep his mansion down south.

Kids see NBA players driving tricked out Escalades, on TV living in multi-million dollar cribs, and imagine having a crew that hangs with them in expensive clubs and restaurants.

Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending:

https://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes[/quote]

Agree Beast. It's not a Yellow Brick Road for most guys even in the NBA.
But, call it the 'con' of the dream. A mighty powerful fantasy that we may not 'get' but we have to understand how powerful a fantasy it is for most players who are in that top 1% who can sniff the 'glory'.[/quote]

The NBA now requires rookies to take a seminar on managing money, tax implications, the burdens of mortgages, car loans, living expenses. So many NBA rookies end up living off meal money after they've bought a $200,000 Escalade, a house for their family, and other expenses that are more than their net paycheck.

I wish the NCAA would require such seminars for potential pro athletes. Many of these kids come from families on public assistance, single family households, or families subsisting on low paying jobs that even $100,000 seems like a ton of money. They've never handled money before, and many times their entire family thinks they won the lottery because someone has become a professional athlete.

It really disgusts me because so many successful athletes COULD have been set for life if they set aside a reasonable chunk of their contracts towards annutities that would start paying at age 35-50.
 
[quote="usguard" post=282698]HEY, IF HE IS SMART gets a good investment person he can trust even if he played overseas he can make good money over a 5 yr contract then takes what he has invested comes back and leads a normal life and retired before 30 not to shabby or goes into coaching[/quote]

He could get an assistant's gig at SJU and never have to leave Brooklyn.
 
[quote="Beast of the East" post=282701][quote="Chicago Days" post=282699][quote="Beast of the East" post=282681][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

I'm troubled by this sentiment - not that a long and prosperous NBA career wouldn't be life changing, but that any NBA career would set him up for life.

The NBA minimum salary is $543K. It's a nice chunk of change, but the government basically will get half of that in taxes, and you cannot even live like an NBA player at that level.

Even if you presume a 5 year NBA career and say $10 million in total earnings, that would likely not last a lifetime.
I remember reading that Walter Berry was earning a ton of money in Europe, but after his playing days were over could not afford to keep his mansion down south.

Kids see NBA players driving tricked out Escalades, on TV living in multi-million dollar cribs, and imagine having a crew that hangs with them in expensive clubs and restaurants.

Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending:

https://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes[/quote]

Agree Beast. It's not a Yellow Brick Road for most guys even in the NBA.
But, call it the 'con' of the dream. A mighty powerful fantasy that we may not 'get' but we have to understand how powerful a fantasy it is for most players who are in that top 1% who can sniff the 'glory'.[/quote]

The NBA now requires rookies to take a seminar on managing money, tax implications, the burdens of mortgages, car loans, living expenses. So many NBA rookies end up living off meal money after they've bought a $200,000 Escalade, a house for their family, and other expenses that are more than their net paycheck.

I wish the NCAA would require such seminars for potential pro athletes. Many of these kids come from families on public assistance, single family households, or families subsisting on low paying jobs that even $100,000 seems like a ton of money. They've never handled money before, and many times their entire family thinks they won the lottery because someone has become a professional athlete.

It really disgusts me because so many successful athletes COULD have been set for life if they set aside a reasonable chunk of their contracts towards annutities that would start paying at age 35-50.[/quote]

Great suggestions, Beast. The NCAA should require such seminars for those with 'pro aspirations'. And maybe the NBA should provide financial advisors to all rookies/all players--but that sounds unwieldy and ripe for abuse.
 
[quote="usguard" post=282698]HEY, IF HE IS SMART gets a good investment person he can trust even if he played overseas he can make good money over a 5 yr contract then takes what he has invested comes back and leads a normal life and retired before 30 not to shabby or goes into coaching[/quote]

How much do you estimate Ponds could make overseas?

In Europe the average salaries are reported in a range of $65,000 to $100,000 per year. My guess is that after living expenses, you come home with very little.
 
[quote="Beast of the East" post=282704][quote="usguard" post=282698]HEY, IF HE IS SMART gets a good investment person he can trust even if he played overseas he can make good money over a 5 yr contract then takes what he has invested comes back and leads a normal life and retired before 30 not to shabby or goes into coaching[/quote]

How much do you estimate Ponds could make overseas?

In Europe the average salaries are reported in a range of $65,000 to $100,000 per year. My guess is that after living expenses, you come home with very little.[/quote]

I'm surprised about that. Thought players made more in the better leagues.
Seem to me, it's best Shamorie returns to St. John's for 1 more year--but he may be leaning 'going pro'.
Hope CM gives him good advice.
 
[quote="Beast of the East" post=282704][quote="usguard" post=282698]HEY, IF HE IS SMART gets a good investment person he can trust even if he played overseas he can make good money over a 5 yr contract then takes what he has invested comes back and leads a normal life and retired before 30 not to shabby or goes into coaching[/quote]

How much do you estimate Ponds could make overseas?

In Europe the average salaries are reported in a range of $65,000 to $100,000 per year. My guess is that after living expenses, you come home with very little.[/quote]

Most overseas teams pay for your living expenses additional to your salary
 
[quote="Beast of the East" post=282701][quote="Chicago Days" post=282699][quote="Beast of the East" post=282681][quote="Paultzman" post=282624]Zach B piece today

“It’s hard decision right now. It’s probably 60/40 [staying in the draft]. It’s a decision that could set me and my family for life. We’re not the wealthiest. We’re not poor. I could move me and my [family] out of the projects, put my brother and sister in good positions.”
https://nypost.com/2018/04/25/shamorie-ponds-on-hard-nba-decision-prestigious-award/[/quote]

I'm troubled by this sentiment - not that a long and prosperous NBA career wouldn't be life changing, but that any NBA career would set him up for life.

The NBA minimum salary is $543K. It's a nice chunk of change, but the government basically will get half of that in taxes, and you cannot even live like an NBA player at that level.

Even if you presume a 5 year NBA career and say $10 million in total earnings, that would likely not last a lifetime.
I remember reading that Walter Berry was earning a ton of money in Europe, but after his playing days were over could not afford to keep his mansion down south.

Kids see NBA players driving tricked out Escalades, on TV living in multi-million dollar cribs, and imagine having a crew that hangs with them in expensive clubs and restaurants.

Reportedly 60% of NBA players are bankrupt within 5 years of their playing days ending:

https://en.wikipedia.org/wiki/Personal_finances_of_professional_American_athletes[/quote]

Agree Beast. It's not a Yellow Brick Road for most guys even in the NBA.
But, call it the 'con' of the dream. A mighty powerful fantasy that we may not 'get' but we have to understand how powerful a fantasy it is for most players who are in that top 1% who can sniff the 'glory'.[/quote]

The NBA now requires rookies to take a seminar on managing money, tax implications, the burdens of mortgages, car loans, living expenses. So many NBA rookies end up living off meal money after they've bought a $200,000 Escalade, a house for their family, and other expenses that are more than their net paycheck.

I wish the NCAA would require such seminars for potential pro athletes. Many of these kids come from families on public assistance, single family households, or families subsisting on low paying jobs that even $100,000 seems like a ton of money. They've never handled money before, and many times their entire family thinks they won the lottery because someone has become a professional athlete.

It really disgusts me because so many successful athletes COULD have been set for life if they set aside a reasonable chunk of their contracts towards annutities that would start paying at age 35-50.[/quote]

It isn’t only professional athletes who can’t manage their money. I hope people are learning their lessons from the very recent past but I doubt it.
 
Justin Simon (@simon_Says_so) & Shamorie Ponds (@ShamorieP) representing the Red Storm at tonight’s @MetBasketballW Awards Dinner #SJUBB #WeAreNewYorksTeam

[attachment=118]59DD183E-B9F0-43CE-88BD-A935879B8B1C.jpeg[/attachment]
 
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[attachment=119]65D7CF1A-76F3-4B15-B1AE-F6E30B738784.jpeg[/attachment]
 
[quote="Paultzman" post=282722][attachment=119]65D7CF1A-76F3-4B15-B1AE-F6E30B738784.jpeg[/attachment][/quote]

Zach’s article is confusing. Seems to quote Ponds as saying it’d 60-40 he will stay in the draft but then concludes by saying that Ponds would not commit which way he’s leaning. Either way, I didn’t feel great after reading it.
 
[quote="Boo Harvey" post=282731][quote="Paultzman" post=282722][attachment=119]65D7CF1A-76F3-4B15-B1AE-F6E30B738784.jpeg[/attachment][/quote]

Zach’s article is confusing. Seems to quote Ponds as saying it’d 60-40 he will stay in the draft but then concludes by saying that Ponds would not commit which way he’s leaning. Either way, I didn’t feel great after reading it.[/quote]

Is he NBA ready? No!
Does he think he is? Yes.
He wouldn't be in this combine if he was leaning towards staying.
If he still leaves after being told to improve his game and that he would not be a 1st or 2nd round pick then he has had enough of classes (and finals).
I think his dad is going to be a major influence in the decision.
 
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