The Worthy Trade Keeps Looking Worse and Worse

[H2o]

1 hour ago, finn said:

Needless to say, he would not have fit into the Bills culture. I wonder if that was the deal breaker for Beane, especially after just getting rid of Diva Diggs. 

You never know. It's hard to say how his interview process went. He fits right in as a Chiefs player though. 

[T.E.]

15 hours ago, BarleyNY said:

It’s their money. Let them do as they please. When I see athletes pissing away money I always think of the responsible ones that handed theirs over to Bernie Madoff to invest. 

The only pro athlete who used Madoff as an advisor was Sandy Koufax, but I'm still not sure what your point is. Investing your funds with a licensed professional is clearly more responsible than blowing it as fast as you make it. The fact that this particular guy was crooked was simply bad luck more than anything else.

[BarleyNY]

1 hour ago, T.E. said:

The only pro athlete who used Madoff as an advisor was Sandy Koufax, but I'm still not sure what your point is. Investing your funds with a licensed professional is clearly more responsible than blowing it as fast as you make it. The fact that this particular guy was crooked was simply bad luck more than anything else.

 

I thought it obvious that Madoff was just an example of a scam artist. Plenty of NFL players have been the victims of innumerable scams. Heck, I used to live a few houses down from Kevin Houser’s brother. He used to brag that his brother made way more money selling investments to his teammates than he ever could as a long snapper. Google that.

 

With my own money, the vast majority is invested with a reputable firm. With other people’s money, I very rarely comment on it unless asked. I certainly don’t sit around gossiping derisively about them and their decisions. 

 

As for Worthy, how’s he crooked? One accusation from his ex-fiance that he dumped and kicked out of his house for allegedly cheating on him. The accusation that has been rescinded. As for his spending, maybe the house and cars were his reward for making it to the NFL and getting a big contract. He may blow everything he makes, he may not. But it’s his money. It not anyone else’s business. 

[BillsfaninSB]

Never count other people’s money. 

[FireChans]

Thread is approaching “Patrick Mahomes struggling in camp” level of salt.

[ColoradoBills]

3 hours ago, BarleyNY said:

But it’s his money. It not anyone else’s business. 

 

The NFL has programs to help.

 

The NFL offers various programs to help players manage their finances and invest for the future, including a 401(k) Savings Plan, the Player Capital Accumulation Plan (CAP), and a Financial Advisors Registration Program. 

Here's a breakdown of the key programs:

1. NFL 401(k) Savings Plan:

Automatic Enrollment:

Players are automatically enrolled in the 401(k) Savings Plan, with 10% of their pre-tax salary contributed to their account. 

Contribution Limits:

The current contribution limit in 2024 is $23,000 of "pre-tax" money. 

Tax Deduction:

Contributions are tax-deductible, offering a tax advantage for retirement savings. 

Distribution:

Distributions are available beginning on a player's 45th birthday, but IRS penalties may apply for distributions taken prior to age 59 1/2. 

2. NFL Player Capital Accumulation Plan (CAP):

Team Contributions:

The CAP is a retirement plan where clubs contribute money into players' accounts.

Vesting:

Players become vested in their CAP account after three credited seasons, or if employed as a player at age 55.

Contribution Amounts:

The amount of team contributions depends on the number of credited seasons earned.

1 Year = $0 CAP Contribution

2 Years = $2,500 CAP Contributions

3 Years = $2,500 CAP Contributions

4 or More = $40,000 CAP Contributions

Withdrawals:

Players can choose how and when to take their money out beginning as early as age 40, if at least 5 years have passed since their last credited season. 

3. NFL Player Annuity Program:

Tax-Qualified and Nonqualified Accounts: The Annuity Program is a hybrid plan with both tax-qualified and non-qualified accounts, each with unique tax advantages and features. 

Vesting: Players become vested in the Annuity Program after three credited seasons. 

Access to Funds: Players may be able to access a portion of their account balance as early as five years out of football. 

4. NFL Players Association Financial Advisors Registration Program:

Qualified Advisors: This program provides players with access to a list of financial advisors deemed qualified by the NFLPA.

Protection from Fraud: The program aims to protect athletes from fraud and poor advice.

Background Checks: Advisors must apply to the program and undergo a full background check.

Partnerships: The NFLPA has partnerships with financial institutions like Goldman Sachs and Bessemer Trust. 

5. NFL Financial Education Program:

Investment Education Challenge:

The NFL offers an Investment Education Challenge to teach players about basic investing principles for long-term financial stability. 

Credit Management:

The NFL Financial Education Program, in partnership with credit bureaus, provides credit education to NFL teams. 

Financial Literacy:

The NFLPA also provides financial literacy resources and tools to help players manage their finances. 

[Billl]

If ever I’ve made $10,000,000 in the past 2 years, have a contract paying me $4,000,000 a year, and have a house and cars worth $3,000,000, don’t worry about my finances.  I’m good.

Edited March 28 by Billl

[T.E.]

4 hours ago, BarleyNY said:

As for Worthy, how’s he crooked? One accusation from his ex-fiance that he dumped and kicked out of his house for allegedly cheating on him. The accusation that has been rescinded. As for his spending, maybe the house and cars were his reward for making it to the NFL and getting a big contract. He may blow everything he makes, he may not. But it’s his money. It not anyone else’s business. 

Sorry, I should've been clearer. I meant that Madoff was crooked.

[JakeFrommStateFarm]

Worthy to be a Punt Returner too ?

 

Chiefs' Xavier Worthy hints at playing new position in 2025 NFL season

 

Xavier Worthy isn't going to be giving up his role as deep-threat, big-play wide receiver for the Kansas City Chiefs.

 

But he might be adding a new position to his repertoire, too.

Meet the (probably) new Chiefs punt returner.

 

Worthy didn't return a single punt as a rookie.

 

But earlier this offseason, Chiefs special teams coordinator Dave Toub called Worthy "the best punt returner nobody knows about right now in the league."

 

Could this be trouble for the Bills ?  Any thoughts of Coleman returning punts ?

 

https://www.sportingnews.com/us/nfl/kansas-city-chiefs/news/chiefs-xavier-worthy-hints-playing-new-position-2025-nfl-season/c75cab73a0d44a5473fc4cea

[Jdragon2]

31 minutes ago, JakeFrommStateFarm said:

Worthy to be a Punt Returner too ?

 

Chiefs' Xavier Worthy hints at playing new position in 2025 NFL season

 

Xavier Worthy isn't going to be giving up his role as deep-threat, big-play wide receiver for the Kansas City Chiefs.

 

But he might be adding a new position to his repertoire, too.

Meet the (probably) new Chiefs punt returner.

 

Worthy didn't return a single punt as a rookie.

 

But earlier this offseason, Chiefs special teams coordinator Dave Toub called Worthy "the best punt returner nobody knows about right now in the league."

 

Could this be trouble for the Bills ?  Any thoughts of Coleman returning punts ?

 

https://www.sportingnews.com/us/nfl/kansas-city-chiefs/news/chiefs-xavier-worthy-hints-playing-new-position-2025-nfl-season/c75cab73a0d44a5473fc4cea

 

Why? Who even cares at this point. Let it go.

[RochesterLifer]

Oh look, someone is complaining again about a Buffalo Bills decision. You know, the team with the NFL's second-best record and most home wins since 2020. Damn that Bills' front office!

[NoSaint]

15 minutes ago, RochesterLifer said:

Oh look, someone is complaining again about a Buffalo Bills decision. You know, the team with the NFL's second-best record and most home wins since 2020. Damn that Bills' front office!

yet tied for the fewest championships 

 

until it changes, unfortunately, it won’t change 

[90sBills]

Good idea letting a 160lb guy return punts with 200lb guys running at him full speed. 

[Jauronimo]

Just now, 90sBills said:

Good idea letting a 160lb guy return punts with 200lb guys running at him full speed. 

I support the decision.  I also support Worthy, Rice, and Mahomes having gender reassignment surgery if it makes them more confident in their own skin.

[Paup 1995MVP]

On 2/10/2025 at 8:03 AM, Chaos said:

To be fair the Bills offense blew away the Chiefs offense in the 2024-25 season.
 

The problem, from my perspective, is that the Bills don't draft guys they even expect to make immediate impacts.  Kindcaid and Coleman still need "development time".  Whereas the Chiefs seemed to think they could put the fastest guy in combine history on the field and make an impact his rookie season.

Frankyly with the benefit of hindsight the Bills did not need Coleman or Worthy, it needed Cooper DeJean. 

When we drafted Kincaid, I was ecstatic.  I watched him play a bunch at Utah his final season, and he was a beast.  Then he comes to the Bills and is catching 5 yard outs.  Completely different then what he was doing at Utah, which was running seam patterns up the field.  Granted he was playing against the weak PAC 12 defenses a few years ago.  But man I have really been surprised at how irrelevant he has been on the Bills since he got here.  He really has not been able to beat out a very mediocre TE in Dawson Knox, who has marginal receiving skills.  Not sure what has happened there.  Anyone want to chime in, as to where the disconnect has been with Kincaid in our offense so far?  (I know he was injured in the second half of last year.  But he has not dominated one game since becoming a Bill.)

[RochesterLifer]

9 minutes ago, NoSaint said:

yet tied for the fewest championships 

 

until it changes, unfortunately, it won’t change 

Enjoy the ride. We continue to be blessed. I'm drooling for a Lomardi as much as the next guy. However, I am also not about to complain about Christmas gifts. With this team, every day is Christmas morning in Bills country.

[NewEra]

Could be good for the Bills. Let him take those hits.  

[Warriorspikes51]

this won't matter if Coleman becomes a quality WR
 

if not however..... 

[HOUSE]

I am never buying season tickets again.

[Augie]

57 minutes ago, NoSaint said:

yet tied for the fewest championships 

 

until it changes, unfortunately, it won’t change 

 

Let’s be honest, even when that changes, nothing will change. Fans will continue to think they are smarter than they really are. A trophy will only shut them up until after the parade. The Bills FO will be idiots again by the next draft. Count on it.