This kid gave away a lot of money, but there are lots of poeple who make terrible decisions. What he did was almost immoral, though. I mean, the moment it is determined that he is the one who rightly came up with the ball, he probably has a true net worth of close to half a million dollars. It could actually be more than that.
So, he essentially throws away the security that 500K brings, and he was willing to do that because he is a Yankee/Jeter fan. To think that this guy lives with his parents and could have bought himself a house and never had a mortgage or rent payment the rest of his life is really sad and sickening. His Dad needed to step in there.
It is as if he had 500K in the bank and wrote a check to Derek Jeter in order to shake his hand. The kid gave away half a million dollars for that. That is truly horrific.
It was the wrong thing to do on so many levels. If he wanted to be a super hero he could have sold the ball and given it to the wife and child of that fella that died falling out of the stands at the Ranger game the other day. Now that is an ethical case worth considering, and you could hold your head high if you had what it takes to do that.
As it is, he was briefly worth 500K or so, and could have been debt free for pretty much life. He essentially bankrupted his family by giving his only asset on earth to a guy who is worth over 100 million. Jeter had no rights to the ball, nor an expectation of such generosity. The trade-off is so sickening. Jeter suffers no moral harm or loss if the kid keeps the ball and sells it. It is not like the kid saved his life by donating a kidney to save his favorite player.
This kid throws his future away for nothing. It would be like donating 500K to the US Government, if that 500K was all you had to your name. You just aren't creating a worthwhile benefit on the other side, but you are destroying your own finances.
The world is not a better place if this kid gives the ball back like he did. He simply blew it, and everyone around him should be ashamed for not stepping in and saving him from himself. Imagine this guy cashing his next paycheck and clearing like $360. He basically gave away between 1K and 2K per month for the rest of his life. 500K earning just 2 percent over his lifetime gets him close to 1K per month without touching the principal.
This is brutal what he did. Imagine if someone else had caught the ball and auctioned it off. And some 23 year old kid, who just inherited 500K from an uncle he never new he had, bankrupts himself and purchases the ball at auction so he can give it to Derek Jeter as a present. All the while, working the next decade selling cell phones and being burdened by six figures of student loan debt, while living with his parents. This is what this kid really did.
So, he essentially throws away the security that 500K brings, and he was willing to do that because he is a Yankee/Jeter fan. To think that this guy lives with his parents and could have bought himself a house and never had a mortgage or rent payment the rest of his life is really sad and sickening. His Dad needed to step in there.
It is as if he had 500K in the bank and wrote a check to Derek Jeter in order to shake his hand. The kid gave away half a million dollars for that. That is truly horrific.
It was the wrong thing to do on so many levels. If he wanted to be a super hero he could have sold the ball and given it to the wife and child of that fella that died falling out of the stands at the Ranger game the other day. Now that is an ethical case worth considering, and you could hold your head high if you had what it takes to do that.
As it is, he was briefly worth 500K or so, and could have been debt free for pretty much life. He essentially bankrupted his family by giving his only asset on earth to a guy who is worth over 100 million. Jeter had no rights to the ball, nor an expectation of such generosity. The trade-off is so sickening. Jeter suffers no moral harm or loss if the kid keeps the ball and sells it. It is not like the kid saved his life by donating a kidney to save his favorite player.
This kid throws his future away for nothing. It would be like donating 500K to the US Government, if that 500K was all you had to your name. You just aren't creating a worthwhile benefit on the other side, but you are destroying your own finances.
The world is not a better place if this kid gives the ball back like he did. He simply blew it, and everyone around him should be ashamed for not stepping in and saving him from himself. Imagine this guy cashing his next paycheck and clearing like $360. He basically gave away between 1K and 2K per month for the rest of his life. 500K earning just 2 percent over his lifetime gets him close to 1K per month without touching the principal.
This is brutal what he did. Imagine if someone else had caught the ball and auctioned it off. And some 23 year old kid, who just inherited 500K from an uncle he never new he had, bankrupts himself and purchases the ball at auction so he can give it to Derek Jeter as a present. All the while, working the next decade selling cell phones and being burdened by six figures of student loan debt, while living with his parents. This is what this kid really did.
Give me a break....just a tad dramatic there
stroke of genius here.
