Kofi Cockburn declares for the draft

#78      
"I'll stay here and continue to take classes and play for free because I like the conditioning coach."

-no one ever
I wasn't implying that. But we're talking about relationships and people mentioned OA leaving being a reason he'd stay in the draft. Well, he also has a major relationship with Fletch.
 
#79      
I wasn't implying that. But we're talking about relationships and people mentioned OA leaving being a reason he'd stay in the draft. Well, he also has a major relationship with Fletch.
Yeah, I wasn't busting you. Just a joke about the things we're telling ourselves to convince ourselves Kofi will stay.
 
#80      
BU:1 Trash cans:0
Chicago
I wasn't implying that. But we're talking about relationships and people mentioned OA leaving being a reason he'd stay in the draft. Well, he also has a major relationship with Fletch.
It's a reasonable point, but I think the obstacles to Kofi's draftability seem to be more skill-based than conditioning-based. OA is unquestionably the skill guy.
 
#81      
One thing people also seem to have forgotten is Kofi's relationship with Fletch
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So you are saying that Irwin "Fletch" Fletcher, 6'9" with the afro, would take the power forward spot and convince Kofi to stay. The plot thickens........
 
#82      
That is a low ROI, but your point is well taking. I would expect at least a 5% if you play the market broadly, frankly there are dividends that pay higher then this and if you are living off your investment you should be considering those. Of course year to year fluctuates. With a 750k nest egg and house paid off you would still have to work to maintain a middle class life without an attempt and risk of more aggressive investment. However, that 750k, if even just moderately well invested, could easily be in the millions when you retire if you worked a job.
DRS: To pull 3% a year, you need to be earning 5%. The first 2% are eaten by inflation (historical average). An older person can risk pulling 4%.

Seagee: Not to mention percentages taken off the top by agents, financial managers, etc.

I agree that if you take any job that it makes things a whole lot easier. The 3% can supplement the job. Alternatively, if they can afford to leave it untouched in the market, it can become a very nice early retirement. On average, for every 10 years that you leave the money in the market untouched, it doubles (including inflation). Thus if you can avoid touching it for 20 years (So they are now ~45), that is now 88k (2M initial) or 144k (3M initially) per year. That is quite doable given that you already own the house.
 
#83      
DRS: To pull 3% a year, you need to be earning 5%. The first 2% are eaten by inflation (historical average). An older person can risk pulling 4%.

Seagee: Not to mention percentages taken off the top by agents, financial managers, etc.

I agree that if you take any job that it makes things a whole lot easier. The 3% can supplement the job. Alternatively, if they can afford to leave it untouched in the market, it can become a very nice early retirement. On average, for every 10 years that you leave the money in the market untouched, it doubles (including inflation). Thus if you can avoid touching it for 20 years (So they are now ~45), that is now 88k (2M initial) or 144k (3M initially) per year. That is quite doable given that you already own the house.
If you are drafted by the Bulls and buy the house in Cook or Lake County, subtract another 20k for property taxes.
 
#85      
Imagine Kofi playing the 5 with a jumpshot from 14 feet, quickness to react and cover perimeter/15 to 20lbs lighter, how much agility and stamina would increase and having DAMONTE, ADAM MILLER, GRANDISON play their natural positions. ADD Tre Mitchell and A.J. Casey and Illini will win the BIGTEN.
 
#86      
Imagine Kofi playing the 5 with a jumpshot from 14 feet, quickness to react and cover perimeter/15 to 20lbs lighter, how much agility and stamina would increase and having DAMONTE, ADAM MILLER, GRANDISON play their natural positions. ADD Tre Mitchell and A.J. Casey and Illini will win the BIGTEN.
Is AJ foregoing his senior year of high school because there is no way Kofi comes back as a 23 year old?
 
#89      
DRS: To pull 3% a year, you need to be earning 5%. The first 2% are eaten by inflation (historical average). An older person can risk pulling 4%.

Seagee: Not to mention percentages taken off the top by agents, financial managers, etc.

I agree that if you take any job that it makes things a whole lot easier. The 3% can supplement the job. Alternatively, if they can afford to leave it untouched in the market, it can become a very nice early retirement. On average, for every 10 years that you leave the money in the market untouched, it doubles (including inflation). Thus if you can avoid touching it for 20 years (So they are now ~45), that is now 88k (2M initial) or 144k (3M initially) per year. That is quite doable given that you already own the house.
All of these financial predictions for Kofi are kind of silly. Mine is that he makes far more from Hollywood/Madison Avenue contracts than basketball contracts over his career.
 
#90      
I honestly think the last thing NBA teams want is Kofi taking mid range jumpshots lol. League is all about shots at the rim and 3pt shots unless you're an elite mid range shooter. Passing, moving his feet on defense and continuing to improve his touch at the rim are way more important for his NBA chances imo.
 
#92      
Not yet! Let me work with those feet, your quickness around the basket, we need you to lose some weight and work with some REALLY GOOD POWER FORWARD that will dominate inside with you. Tre Mitchell, EJ Liddell, OMAR PAYNE☝️☝️☝️☝️☝️ let's see who can stop us then.