Ndamukong Suh Failed ECON 101

Business Insider – In 2015, Ndamukong Suh signed one of the biggest contracts in NFL history, agreeing to join the Miami Dolphins on a deal worth $114 million over six years, with $60 million guaranteed.

However, like many contracts in professional sports, the numbers aren’t exactly as they seem.

While speaking to Business Insider to promote his investment with emoji app Genies, Suh said that most people don’t understand that when players sign eight- and nine-figure deals, they should really split the number in half. He used his rookie deal as an example.

“Off of my rookie deal, which I’m not hiding anything, you can go and look at my deal, I had $40 million guaranteed, it was 6 years for $40 [million],” Suh said. “And you take the $40 million that was guaranteed and you swipe that in half because of taxes.”

Everyone, please take a moment and say a prayer for Ndamukong Suh. The poor guy only made, in his estimation, $20 million dollars off of his rookie contract. How is someone expected to live on such meager wages? Especially in Detroit, where some houses can cost upwards of 8-whole-dollars. I really don’t know how he pulled it off. It’s a good thing he took a massive deal in Miami where there’s no state income tax so he could keep food on his family’s table.  Continue reading