Jock vs. Nerd
The answer to the eternal question....."is it better to be a "Jock" or a "Nerd"?".....consider the following:
Michael Jordan made over $300,000 a game. That equals $10,000 a minute, at an average of 30 minutes per game. With $40 million in endorsements, he made $178,100 a day, working or not. If he sleeps 7 hours a night, he made $52,000 every night while visions of sugarplums danced in his head. If he went to see a movie, it cost him $7.00, but he made $18,550 while he was there. If he decided to have a 5-minute egg, he made $618 while it boiled.
He made $7,415/hr more than minimum wage. He made $3,710 while he watched each episode of Friends. If someone were to hand him his salary and endorsement money, they would have had to do it at the rate of $2.00 every second. Assuming he put the federal maximum of 15% of his income into a tax deferred account(401k), he would hit the federal cap of $9500 at 8:30 a.m. on January 1st of each year.
If you were given a penny for every 10 dollars he made, you'd be living comfortably at $65,000 a year. In his last year, he made more than twice as much as all U.S. past presidents for all of their terms combined...
However, if Michael Jordan saves 100% of his income for the next 250 years, he'll still have less money than Bill Gates has today.
Game over.
Nerd wins.
Michael Jordan made over $300,000 a game. That equals $10,000 a minute, at an average of 30 minutes per game. With $40 million in endorsements, he made $178,100 a day, working or not. If he sleeps 7 hours a night, he made $52,000 every night while visions of sugarplums danced in his head. If he went to see a movie, it cost him $7.00, but he made $18,550 while he was there. If he decided to have a 5-minute egg, he made $618 while it boiled.
He made $7,415/hr more than minimum wage. He made $3,710 while he watched each episode of Friends. If someone were to hand him his salary and endorsement money, they would have had to do it at the rate of $2.00 every second. Assuming he put the federal maximum of 15% of his income into a tax deferred account(401k), he would hit the federal cap of $9500 at 8:30 a.m. on January 1st of each year.
If you were given a penny for every 10 dollars he made, you'd be living comfortably at $65,000 a year. In his last year, he made more than twice as much as all U.S. past presidents for all of their terms combined...
However, if Michael Jordan saves 100% of his income for the next 250 years, he'll still have less money than Bill Gates has today.
Game over.
Nerd wins.
posted by Joy at
9:28 PM
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