FedEx Cup money is not an annuity... - Page 2

Weir · #11 09-07-2007, 02:32 AM

if ryan moore wins, should he go play the euro tour and the majors and take the 10 million now?

CalledDownLight · #12 09-07-2007, 02:56 AM

wow, this is sick and hurts the best players much more than it benefits the lesser players

FatalError · #13 09-07-2007, 05:36 AM

it's great for john daly who will just gambool it all away

JTrout · #14 09-07-2007, 09:27 AM

[ QUOTE ]
if ryan moore wins, should he go play the euro tour and the majors and take the 10 million now?

[/ QUOTE ]

he couldn't if he wanted to. He can't touch the money until he is 45.

But even if he could, the answer would be NO!

The money would be there when he's 45 anyway, and his expectation on the tour is much more than $10m. MUCH MUCH more!

NU Star · #15 09-07-2007, 11:54 AM

The present value of his future earnings is not likely much much greater than $10M IMO.

blackize · #16 09-07-2007, 12:11 PM

Saw this article the other day and thought it was very interesting. It supposes that under this plan Tiger Woods' retirement package will be worth upwards of 1 billion.

http://sports.yahoo.com/golf/pga/new...&type=lgns

Dudd · #17 09-07-2007, 11:46 PM

I think this guy can help.

duvvard · #18 09-08-2007, 02:55 PM

[ QUOTE ]
The present value of his future earnings is not likely much much greater than $10M IMO.

[/ QUOTE ]

I think he will pretty easily make over 10 million in his career. Nowdays that would be like 6 seasons of being 80th on the money list.

tdrot · #19 09-09-2007, 03:32 AM

What you are missing is the guy that wins has plenty of money now. It goes into the account tax free so instead of getting $6 million (after tax) now which they would likely just invest, they get $10 million to invest. If they are 30 now with normal interest at age 60 it will be worth about $115 to $120 million.

Bill Murphy · #20 09-09-2007, 05:27 PM

What's going to be hilarious is next week when all the media & Tour people are gushing, "OMGodz, Tiger, 10 milsfkjasgfkdzx,mv dollars, what are you going to do with it???", and Tiger, stone-faced, over & over, "Well, I'm not getting the 10 million any time soon..."

Whatever we think about the money & what's the best way etc., both Tiger & Phil have made it very clear from the beginning that they want it NOW.

Agreed that if this update is the case, they've ensured that Tiger, Phil & plenty of other guys will never play the Champions tour.