Ian
Shilpa KarhikAnswer to the Eternal Question
April 12th 2006 03:42
Is it better to be a Jock or a Nerd?
Michael Jordan having "retired," with $40 million in endorsements, he makes $178,100 a day, working or not. If he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head. If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there. If he decides to have a 5 minute egg, he'll make $618 while boiling it. He makes $7,415/hr more than minimum wage. He'll make $3,710 while watching each episode of Lost. If he wanted to save up for a new Acura NSX ($90,000) it would take him a whole 12 hours. If someone were to hand him his salary and endorsement money, they would have to do it at the rate of $2.00 every second. He'll probably pay around $200 for a nice round of golf, but will be reimbursed $33,390 for that round. Assuming he puts the federal maximum of 15% of his income into a tax deferred account (401k), his contributions will hit the federal cap of $9500 at 8:30 a.m. on January 1st. If you were given a penny for every 10 dollars he made, you'd be living comfortably at $65,000 a year. He'll make about $19.60 while watching the 100 meter dash in the Olympics, and about $15,600 during the Boston Marathon. While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600. This year, he'll make more than twice as much as all U.S. past presidents for all of their terms combined. Amazing isn't it? However... If Jordan saves 100% of his income for the next 450 years, he'll still have less than Bill Gates has today. Game over. Nerd wins.
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