I keep hearing the argument that a guy is smart by staying in school and getting a degree in case something happens. Well financially this is a stupid move. First of all, he's not a 3rd or 4th round draft pick. He's considered to be the #1 pick. That means, not only guaranteed money but at least $10mill per year salary. What degree does Stanford give out that would pay this? An architect coming out at Stanford makes about $100k/yr. It would take him working 100 years to make the amount of money he would make in just 1 year of football. Do I have to repeat myself... 100 years x $100k = $10Mill in 1 year.
Now I understand if he loves the college life (I know I did) and he just wants to enjoy himself another year. I get that because money isn't everything and you can't put a price on memories. BUT if your talking financially... getting a degree is not the best choice, especially when he can always get the degree in the offseason or once he's out of football. Do you really think the degree is going to make the player? How much is Peyton Manning or Tom Brady's degree worth? Nothing because those guys are made men.
The window of opportunity for football is short. There's a finite time to make money. He's only going to play so many years. So he has to make in 10-15 years what others will make in 40 years. 1 year w/o income, especially at a high income is equivalent of an ordinary person not working for 5 or 6 years. He really is giving up a lot of money by staying.
That said, money's not real important to folks who have it. So only he can determine what's best for him. I think he will change his mind but it's refreshing to see him not go after the money, while guys like Mallet and Pryor seem to be money motivated.