Becoming Eligible for God’s Draft

The NBA and NFL Drafts are some of the most watched events on television. For the potential draftees and their families — mothers, in particular — there are millions of dollars at stake. Some of those mothers? Being making sacrifices to get their sons to basketball or football practice season-in, season-out, year-in, year-out. On draft night, you can excuse a well groomed mother biting on her well groomed and painted nails — orange would be subdued, red bold— in response to the tension.

The reason the location of a draftee in the draft sequence matters? Well, the amount of money that is guaranteed for the first three years in the NFL drops with the location of a kid in the draft. Alex Smith, for instance got drafted number one, got the guaranteed money, did not live up to the hype, left the NFL pretty rich.

It is not irrational to risk becoming a bust if it leaves you with US$3 million in earnings at the end of three years.

All you have to tell your children is, “it was seed money for your college fund.”

That ought to put things in perspective.

After some point in the draft, there is not any guaranteed money at all, only the…