Former No. 1 draft pick Matt Bush has agreed to a plea bargain in his DUI hit-and-run case that includes a prison sentence of at least three years on top of time already served, his father has told the Tampa Bay Times.
“He’s taking it pretty good,” Daniel Bush said, according to the newspaper. “He’s not crying or sulking. He’s preparing for it. Everybody in our family is backing him up.”
The former Tampa Bay Rays minor league pitcher has reportedly been held on a $440,000 bond since March in Charlotte County on Florida’s lower Gulf Coast on seven charges, counts that include leaving the scene of an accident that seriously injured a motorcyclist.
Court records also showed Bush was driving with a suspended license. The Florida Highway Patrol said Bush kept driving after hitting a motorcycle, whose rider was hospitalized for weeks with numerous serious injuries.
“Literally, the tire on the SUV ran over the driver’s head,” a witness told WBBH-TV in Fort Myers. “Without the helmet, the gentleman would have been dead instantly.”
Repoz
Posted: December 15, 2012 at 10:42 AM |
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1. Shooty is in the Trust TreeNo.
He'll be taking it even better in prison.
I think Chilcott was probably worse.
the first round of that 2004 draft is pretty bad overall, except for the guy picked second
Glancing at the names, I figured you were overstating things, but the conversion rate for that round (so far) is very low:
Jered Weaver, Homer Bailey, Billy Butler, Stephen Drew, Gio Gonzalez, Huston Street
Just out of curiosity, I took a look at 2003 and 2005
2003 was solid:
Delmon, Rickie Weeks, Markakis, Maholm, Jon Danks, Aaron Hill, David Murphy, Chad Billingsley, Carlos Quentin, Adam Jones
2005 was off the charts good:
Justin Upton, Ryan Zimmerman, Ryan Braun, Alex Gordon, McCutcheon, Ellsbury, Garza, Rasmus, Buchholz, Jay Bruce, Maybin
I suppose WAR/year is not a bad metric to use to judge the relative strength of drafts. Though you would need to wait a few years before you could start comparing years. Are there any web site that do that?
That link makes me wish there was a sort options that you can sort by "war" for all players drafted in a particular year.
Oh...
That doesn't seem that outrageous too me. Take out a third for taxes and agent fees and you're down to 2 mil right out of the gate. An early twenty something blowing through two million bucks in nearly a decade seems pretty predictable. I'd bet most guys blow through their signing bonus pretty quickly. Buy a snazzy car, live the high life a bit, maybe pay off mom and dads house...I'd take two million if someone gve it to me but I also think that if I was 21 and got it I wouldn't have it when I was 30.
But Trout and Salmon(3rd round 1989) worked well for the Anaheim. Jury's still out on Conger (1st 2006)
Oh please, he could blow through half of it in the first year if he's an idiot, then you just need a few bad investments and a couple baby mommas and some more dumb spending and there goes the rest. If lottery winners can find themselves penniless in years Bush could do it in months.
How (and Why) Athletes Go Broke
Even if you assume that half his salary went to taxes (which is high), it would have taken 49 years to burn through the remaining 30M at 51K a month. Those must have been some expensive cars.
People with money who didn't earn it by means requiring intelligence often make unintelligent investment and spending decisions. Shocking, no?
Victims of bad investment choices aside, if you give $60 million to a rockhead he'll find a way to make himself broke before long. Investing it and living off the income like a normal person? Not on the agenda. That would require THINKING.
Authorities believe alcohol was involved.
It certainly makes long-term deferred money look more attractive now doesn't it? I have no idea how much money Bonilla may have wasted over the years but now he's hopefully old enough to be out of his young and stupid stage and he's got a couple of million rolling in every year.
People with money who didn't earn it by means requiring intelligence often make unintelligent investment and spending decisions. Shocking, no?
Like the Wilpons!
Having just finished doing trust research, I don't know that it's possible to immunize yourself against debt by stashing some of your money in a trust.
While you might be able to create a barrier against some bad decisions, or make it more difficult to make bad decisions by making it more difficult to get at your own money, I'm not so sure you can limit your liability in a lot of cases just by having some of your money in a trust.
Also, I don't know that you wouldn't be able to break your own agreement. If you're bad enough with money to need to hide it from yourself, you're probably capable of getting desperate enough to need to get at it.
Sure, but if I go into debt, that deferred money can be taken at the point it becomes available to me.
I've always thought that if I hit the really big lottery I'd stash 500k in a rock wall somewhere such that if everything really went to hell, at least I could squeak by for a while.
But you can by setting up retirement accounts, and buying an expensive home in Florida.
OJ Simpson had a healthy income and huge house shielded from the Goldman's judgement against him b/c he had bought annuities in some sort of pension vehicle, and lived in FL.
In theory, but not necessarily in reality. The advent of deferred compensation brought with it a cottage industry of people who offer to buy the rights to athletes' deferred compensation in exchange for an upfront payment.
Like with below-market long-term deals, this is another area in which agents often face an ethical conundrum: Doing the right thing for the client could make it tougher to get future clients and/or put fewer dollars in the agent's pocket.
I'm a little surprised, though (not skeptical, just surprised) that there would be a way of evading debt that straightforward. I suppose I should figure that leaving ways out would be in the interest of the wealthy, and would therefore appear in the law like mushrooms during a damp summer.
Seems wrong, somehow, that I should be able to stash wealth, go wreak havoc, then enjoy that which I have kept immune to recovery.
Yeah, and then suddenly one day you're using your gold coins as collateral to shore up your sinking MMO like Schilling.
I once saw a fascinating documentary about a former ballplayer who blew through $30M without retaining any tangible assets.
Heck, if the owners of the freakin New York Mets find themselves nearly bankrupt, its not surprising that athletes could do the same.
Wasn't OJ's NFL pension a big source of income they couldn't touch? I recall his annual pension being something like $130K a year.
Yes. But he also had annuities he had purchased himself that were shielded in retirement plans.
Seems wrong, somehow, that I should be able to stash wealth, go wreak havoc, then enjoy that which I have kept immune to recovery.
Yes, it does. I imagine the idea is that you don't want someone totally wiped out by a lawsuits and then left to be a burden on the state.
They should however, cap the exemption. e.g. you can keep one primary residence up to $500K, and pension income up to $75K p.a. A person with huge judgements against them shouldn't be left wealthy, just b/c the assets are in a certain form.
The judge tried, but the appeals court struck down that sentence as cruel and unusual.
He declined their offer in favor of Florida's.
For Bush or the Astros?
Child's play for Montgomery Brewster!
You owe me a Coke, dammit.
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