I always laugh when people think they know what the market will do. If houses will appreciate significantly, I woukd be willing to purchase 1 or 2 right now.
I always laugh when people think they know what the market will do. If houses will appreciate significantly, I woukd be willing to purchase 1 or 2 right now.
saved bell wrote:
I always laugh when people think they know what the market will do. If houses will appreciate significantly, I woukd be willing to purchase 1 or 2 right now.
Yeah if only "investing well" was as simple as buying a house LOL.
That huge social media presence is very quiet today.
What about them wrote:
The Hunter family is filthy rich. They live in one of the wealthiest areas in the country. They didn't need it.
Just because a family lives in "one of the wealthiest areas in the country" doesn't mean they're "filthy rich". For example, I would surmise that more than a small handful of humans in Loudoun County, VA are below the poverty level. Or just middle class. I suppose, to you, EVERYONE IS RICH WHO LIVES IN A "FILTHY RICH" COUNTY.
Marc Hunter is a US Government employee. Yeah, he's swimming in dough from that job! Joan, his wife, is a stay-at-home mom. There's not much money in coaching on their level - it's chump change. And having nine kids can prove a bit costly, what with the price of Nintendo and even a few Happy Meals at McDonald's adding up quickly, and education for those of their tribe who don't get a free ride in college or a pro contract is steep. And so are medical bills. And gasoline bills. And utilities. And FOOD. And routine home repairs. And auto purchasing and maintaining. Those Hunters are FAR from "filthy rich", despite living in Blue Blood Land. Despite their property being worth a pretty penny some day, when Marc and Joan cash it in and relocate or downsize.
` wrote:
Ghost of Jason Rexing's Trainers wrote:
Well, he bought a house in Boulder, which does count as "invest(ing) incredibly well." His roommates are surely covering the majority of the mortgage payment, so he's already turned it into a small income stream. He'll see a fat equity return if and when he does decide to sell. Appreciation rate in that zip code over 5+ years is substantial.
Sure, but he'll definitely need another job after his contract is up. This is just like an engineer from a good school making $100k right out of school...he certainly wouldn't be able to retire at the age of 30. I also feel that he could have gotten a beefier pay out if he tore up the college scene, but he took the safe bucks.
Again, all I'm trying to point out is that Adidas is not making Hunter "incredibly rich" as some posters stated. It was a very tempting contract, but it's not enough money that he couldn't refuse it.
Why are you so confident in this number? I just re-read threads from a few years ago and there was definitely not a consensus on $100K. One poster suggested $50K and rojo said he thought it was more like 8 times that
I thought we got confirmation on this? My apologies if that wasn't actually confirmed. I think Rojo is way off base. But I guess we have no idea.
` wrote:
His contract is for $100k for 10 years. ...Please, tell me his actual earnings. Don't be coy.
Where did you come up with THAT figure? That's all it is - a guess, and it's based on nothing much. A Letsrun feature on how much pros earn is a starting point, but even that report was just guesswork, as was my errant prediction for the Super Bowl score.
And even if it was from someone who frequents this message board, it's unsubstantiated and, thus, mere speculation. There are a lot of know-it-all people who don't know very much, but there's little to stop them from expelling their hot air in our direction. And too many of us believe what we read in Wikipedia and elsewhere on the Internet.
Anyway, $100k is nothing much these days for salary, especially considering all the expensive supplements and massage therapy and medical bills and food bills that every runner faces.
The guy makes a lot more than $100k - a LOT more, and we will never know how much it is.
If it helps you, let's just pretend that Drew Hunter makes $40 million, and Tom Brady is jealous. (But Tom does have Gisele.) It's now in writing on Letsrun...so, no doubt, someone will, in the future, claim that Drew Hunter makes $40 million a year from adidas. (Oh, and I heard that Trump handily defeated Biden in the election, so this voter fraud must be very true.)
LappedMiler wrote:
` wrote:
His contract is for $100k for 10 years. ...Please, tell me his actual earnings. Don't be coy.
Where did you come up with THAT figure? That's all it is - a guess, and it's based on nothing much. A Letsrun feature on how much pros earn is a starting point, but even that report was just guesswork, as was my errant prediction for the Super Bowl score.
And even if it was from someone who frequents this message board, it's unsubstantiated and, thus, mere speculation. There are a lot of know-it-all people who don't know very much, but there's little to stop them from expelling their hot air in our direction. And too many of us believe what we read in Wikipedia and elsewhere on the Internet.
Anyway, $100k is nothing much these days for salary, especially considering all the expensive supplements and massage therapy and medical bills and food bills that every runner faces.
The guy makes a lot more than $100k - a LOT more, and we will never know how much it is.
If it helps you, let's just pretend that Drew Hunter makes $40 million, and Tom Brady is jealous. (But Tom does have Gisele.) It's now in writing on Letsrun...so, no doubt, someone will, in the future, claim that Drew Hunter makes $40 million a year from adidas. (Oh, and I heard that Trump handily defeated Biden in the election, so this voter fraud must be very true.)
This has been thrown around a lot in the last 4 years. I assumed it was confirmed. Tinman fanboys and haters alike have quoted this figure to me. I guess it isn't confirmed. My bad. How do you know he makes A LOT more than $100k? We literally have no idea. Most pro runners do not make very much money.
You can't flame me for quoting an unsubstantiated number and then make your own unsubstantiated claim that my number is too low LOL. We have no idea, ok?
LappedMiler wrote:
What about them wrote:
The Hunter family is filthy rich. They live in one of the wealthiest areas in the country. They didn't need it.
Just because a family lives in "one of the wealthiest areas in the country" doesn't mean they're "filthy rich". For example, I would surmise that more than a small handful of humans in Loudoun County, VA are below the poverty level. Or just middle class. I suppose, to you, EVERYONE IS RICH WHO LIVES IN A "FILTHY RICH" COUNTY.
Marc Hunter is a US Government employee. Yeah, he's swimming in dough from that job! Joan, his wife, is a stay-at-home mom. There's not much money in coaching on their level - it's chump change. And having nine kids can prove a bit costly, what with the price of Nintendo and even a few Happy Meals at McDonald's adding up quickly, and education for those of their tribe who don't get a free ride in college or a pro contract is steep. And so are medical bills. And gasoline bills. And utilities. And FOOD. And routine home repairs. And auto purchasing and maintaining. Those Hunters are FAR from "filthy rich", despite living in Blue Blood Land. Despite their property being worth a pretty penny some day, when Marc and Joan cash it in and relocate or downsize.
Whenever TME or Hunter film videos back in Purcellville, it’s clear that they’re loaded. He has a running trail basically on his property. And he has a lot of land to live on.
Here are some stats from loudoun county
3.7 poverty rate
$140k median household income
Lowest crime rate in Virginia, Maryland, and DC
60% of residents age 25+ have a bachelor’s degree or greater (US average is 36%)
They are rich.
Is it true Drew lives in a million dollar home in Boulder? If so, the family is loaded AND Drew is making more than 100k a year.
LateRunnerPhil wrote:
It's not just the contract, it also allowed him to turn his team "Tinman Elite" into a marketing machine and create a brand that's followed by several 100k runners.
LateRunnerPhil wrote:
` wrote:
I think you're overstating the value of his "brand". TME only has 75k followers on Instagram, not "several hundred thousand".
Yes 75k is not huge but the followers are very loyal and buy the stuff they are selling.
You are dishonest with the numbers, by A LOT, and when corrected you don't even say "I was wrong", or "I'm sorry"? You take it in your stride like that's a normal thing to do?
No principles at all there.
` wrote:
Ghost of Jason Rexing's Trainers wrote:
Well, he bought a house in Boulder, which does count as "invest(ing) incredibly well." His roommates are surely covering the majority of the mortgage payment, so he's already turned it into a small income stream. He'll see a fat equity return if and when he does decide to sell. Appreciation rate in that zip code over 5+ years is substantial.
Sure, but he'll definitely need another job after his contract is up. This is just like an engineer from a good school making $100k right out of school...he certainly wouldn't be able to retire at the age of 30. I also feel that he could have gotten a beefier pay out if he tore up the college scene, but he took the safe bucks.
Again, all I'm trying to point out is that Adidas is not making Hunter "incredibly rich" as some posters stated. It was a very tempting contract, but it's not enough money that he couldn't refuse it.
Yeah, yeah, go ahead and tell that to the University of Arkansas - Little Rock assistant coach. It's never purely a financial decision, these things don't happen in the vacuum of the LRC Keyboard Experts Militia thought balloons.
The only ones who live in the USA or any other first world country who don't need to work after their pro athletic careers are over are those who get multiple contracts in the major sports like football, basketball, baseball, and hockey, i.e. those who have big salaries and bonuses from leagues that are supplemented by endorsement deals, not an income stream primarily from endorsement deals plus intermittent appearance fees and prize money. Even most of those who play in pro leagues have to work for a living after they retire.
A significant proportion of our Olympians in T&F (most of whom are prodigal talents) earn below the poverty line, they never even sniff the income and lifestyle of Drew Hunter in their careers. Adidas agreed to foot the bill for a college education for Drew, so while he may not have access to the coaching, facilities, and teammates he would at Stanford, Oregon, or Colorado, he also can take classes at a rate that fits better to his performance lifestyle aims. Neither he nor his parents, wise as they may be, would have anticipated that he wouldn't have developed better athletically than he has to now. They clearly felt he would have been relatively stymied in a traditional college/team setting and with his contract he was able to build a situation better tailored to his needs and preferences.
if he keeps running like he did yesterday that will be the last contract he gets and you could argue going the college route wouldve set him up better for a long lucrative career instead of burning out after high school. top runners dont go into the sport for the money and making decisions based on money doesnt seem to work out either. i do feel bad for him tho...i doubt he will ever have the sack to leave tme and they will never be able to recruit the level of talent needed to push him.
` wrote:
Alexi Santana wrote:
Right out of high school he signed a contract worth more than almost any distance runner has signed coming out of the NCAA. Yet you are saying he should have gone to school (where you think he would not have dominated) then signed his contract after that? Even with a standard good contract out of college that would have cost him millions of dollars.
I am saying that it was a poor decision for HIS DEVELOPMENT AS A RUNNER. Not for his bank account. It's very important to separate the two. Which is why I said that it was irresponsible for Adidas to throw all that money at him!
It's always a slippery slope when you go pro too early, especially as a middle-distance runner. If you're not in an established training group with talented runners who are just as good if not better than you, and with an established coach who understands the complexities of a 12-month training/racing plan that falls within a 4-8 year Olympic cycle you're risking too much. The "Kiss of Death" happens when you begin to "Club-Hop" and become a running Nomad. Bouncing from club to club and coach to coach. I wouldn't write him off just yet, he's still young and very talented, but needs to find a stable, high-quality club that will challenge him and bring out his best. If he does move on from TME it needs to be a permanent move that carries him through the next two Olympic cycles. The good thing is that he has a few choices, but he needs to commit now, and who knows maybe TME has a plan for him. I guess we'll find out at the upcoming Oly Trials.
"Go Run One"
The chief issue we can see with TME and how well it can meaningfully challenge DH to level-up is that the inmates are running the asylum. It's really a pro running start-up except with no experienced voices in the house for how to formulate and implement real standards for expectation and accountability on the pro level. If you're close with DH & SP, are you ever at risk for being cut? You get to be in TME indefinitely so long as you either perform or get along well with the big dogs? Is it really a benefit to be surrounded by that many yes men?
LateRunnerPhil wrote:
` wrote:
Mr. Phil, do you think Hunter is underperforming or is this where you expect him to be? Please answer honestly. Imagine we are in 2016, and Hunter had just dominated the high school ranks, run a 3:57, and signed a pro adidas contract. Is this where you expect him to be?
HS achievements don't mean much. Otherwise, German Fernandez, Mary Cain, Sarah Baxter, Melody Fairchild, Claudia Lane etc. would have all been Olympians.
I tend to agree with this, and take issue with the claim that had someone predicted he would max out at 3:35/13:17 they would have been “laughed off the boards.” Some other recent sub-4 high schoolers like Matthew Maton and Michael Slagowski certainly haven’t been scaring 3:35/13:17, not to mention what happened to Verzbicas. Even the great Marty Liquori, the 2nd HS sub-4 and probably a greater talent than Hunter, finished with lifetime bests of 3:36.0/13:15 (to be fair, he ran 3:52.2y, which converts to 3:35-low).
I can see him running 3:34.x and 13:10 I guess, but have a hard time picturing him running faster than that. Those are both pretty good times, mind you.
if they somehow recruited the best young American runners (and didnt ruin their careers) they could be competitive down the line, but i would guess that most of the team right now will have a reality check sooner or later. it would be much more entertaining and inspiring to see someone like joey cheese or syd grinding with a 9 to 5 for a marathon OTQ, but these guys are literally professionals and have yet to prove they can compete on a professional level.
if they were just another team that went about their business and didnt constantly try to draw attention to themselves and push their brand no one would be so hard on them, but this is self inflicted.
there is no way drew hunter is making 100k per year.
maybe he can potentially make 100k with incentives and bonuses
regardless, i bet adidas regrets spending any money on him
te5n1k wrote:
if they somehow recruited the best young American runners (and didnt ruin their careers) they could be competitive down the line, but i would guess that most of the team right now will have a reality check sooner or later. it would be much more entertaining and inspiring to see someone like joey cheese or syd grinding with a 9 to 5 for a marathon OTQ, but these guys are literally professionals and have yet to prove they can compete on a professional level.
if they were just another team that went about their business and didnt constantly try to draw attention to themselves and push their brand no one would be so hard on them, but this is self inflicted.
Definitely agree with this. The best of these guys are lost behind a sea of younger runners right now, whatever reasoning you want to point to. Many of them could instead be gunning for the podium at races like CIM and Grandma's or at least US prize money at Houston and Boston and meanwhile making the podium at US Champs on the roads and cleaning up at local road races. I'm not even sure why Drew, Sam, and others focused on 5000m and under would want to be at altitude full-time. The best pro coaches and groups in the USA, as a rule, don't. Simmons and ADP do, yet he hasn't put any US-born runners onto Olympic teams. It's marathoners like Shorter, Culpepper, and Riley who benefit most from living at altitude year round.
He makes well above 100k a year. Its closer to 300k from what Ive heard from people close to him. You have to remember he was one of the most hyped high school prospects of all time when he got the deal, which was enough to cause him to decommit from Oregon.