wprager wrote:Pensions? I'm making less than a quarter what the lowest-paid of them get paid, yet I have to plan for my own retirement.
Why do you keep comparing your situation to that of professional athletes?
That's a great question. Why do guys making millions need a union? Why do guys making millions need to haggle over pension contributions. Why do guys making millions complain about sharing a room in a 5 star hotel? Why do guys making millions ... it goes on and on.
I'm not the one comparing them to us; they are the ones who appear to be doing that.
The players of today for the most part don't need a pension fund. But ones from the past probably due. I mean Guy Lafleur makes about $2K a month.. For his skill and what he did for the game... that's peanuts..
Lafleur made around $200K playing for the Rangers, then around $350K or just under in Quebec. Not sure how much he was making before that, but after he retired he made $75K/year in the Habs' marketing department. Then I find this:
In the 77/78 season he was making $180K tops on the Habs, along with Dryden. Espo was making $325K for the Rangers. Of course in those days there was no salary disclosure. Somewhere in between making $180K in 1978 and $200K in 1988 Lafleur would have had a raise or two before he "retired" in '84. He also had advertising revenues plus public appearance fees, and he published a book. While he never made Crosby/Ovechkin money, he made out alright. Remember, he may only be getting $2K a month, but when I retire I will not even be making that -- the industry I work in does not really do pensions.
So he's had more money than I did to salt away while working and now he's getting a $2K pension on top of that.
Hey, I don't have all the answers. In life, to be honest, I've failed as much as I have succeeded. But I love my wife. I love my life. And I wish you my kind of success.
- Dicky Fox