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Some names to watch before it’s deleted

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Canes1968 said:
We should start seeing more "info" leaked very shortly...
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UnForgiven said:
On that point, it's something I've wondered about a lot.

Folks who take transitional jobs say in coaching, buy a house, and then are out 2 years later and selling it. We all know realtor commissions eat up 5-6% of the transaction, but other closing costs are no joke, I've bought/sold a few houses. So I guess I'm wondering if there's a rule of thumb that says "buy a house today/sell it next year", in an average market, how much are you losing in that equation on average?

I.e. 3% per year propetry appreciation, coach stays 2 years, he's up 6% on the house, but that's all gone with Realtor fees, and he's lost a lot more on the closing costs for buyer and closing costs for seller....I often wonder how those guys do it.
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They might use relocation companies paid for by their new employers. Might take some sting out of the fees.
 
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UnForgiven said:
On that point, it's something I've wondered about a lot.

Folks who take transitional jobs say in coaching, buy a house, and then are out 2 years later and selling it. We all know realtor commissions eat up 5-6% of the transaction, but other closing costs are no joke, I've bought/sold a few houses. So I guess I'm wondering if there's a rule of thumb that says "buy a house today/sell it next year", in an average market, how much are you losing in that equation on average?

I.e. 3% per year propetry appreciation, coach stays 2 years, he's up 6% on the house, but that's all gone with Realtor fees, and he's lost a lot more on the closing costs for buyer and closing costs for seller....I often wonder how those guys do it.
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Really they can’t long term… even if you catch a bubble like right now and make good money on it if you sell in less than 2 years you pay cap gains tax on profits. I would assume a lot of these guys build special bonuses into their contracts for those types of situations your describing… or go the Lincoln Riley route and just have the school straight up buy a new house for you.
 
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UnForgiven said:
I.e. 3% per year propetry appreciation, coach stays 2 years, he's up 6% on the house, but that's all gone with Realtor fees, and he's lost a lot more on the closing costs for buyer and closing costs for seller....I often wonder how those guys do it.
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I agree that there are other considerations, but unless he paid straight cash, he was leveraged so that 6% property appreciation is probably a much higher ROI for him based on the money down/paid. But the closing costs can definitely wipe away that extra ROI. Plus some people don't want to move their families and/or just like the lifestyle/culture in different places.
 
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Liberty City El said:
Bonds, Clemens, Rolen, Schilling, Jones, Sheffield & Manny Ramirez are all no doubt HOF’ers IMO.

I really liked Tim Linececum during his career, in his prime he was Nasty AF with that back door slider & breaking ball.

But he just didn’t have the longevity due to how irregular & violent his throwing motion was, he generated so much torque & spin on the ball with his pitching delivery it was insane.
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Even if Lincecum's body would've held up, while he very likely would've continued to produce at HOF-worthy levels, those stick-up-the-*** baseball writers would've hated on him for openly smoking bud. Also, Barry Bonds is the greatest player EVER and my personal co-favorite with Ken Griffey, Jr. He'll never make it to Cooperstown. ******' crazy how petty personal grudges made it possible. There's not a more vindictive and overzealous group of nerds than baseball writers. Gimme a break about upholding the sanctity of the game. Barry Bonds allegedly knowingly juiced during an era plagued by PED abuse. He also certainly had an acrimonious relationship with the media. Babe Ruth certainly played in an era where he could never say he competed against the best of the best(you know, segregated MLB), but the game has arguably never had a bigger media darling than him. Why is one man who dominated during a flawed era accepted and revered and the other not???
 
UnForgiven said:
On that point, it's something I've wondered about a lot.

Folks who take transitional jobs say in coaching, buy a house, and then are out 2 years later and selling it. We all know realtor commissions eat up 5-6% of the transaction, but other closing costs are no joke, I've bought/sold a few houses. So I guess I'm wondering if there's a rule of thumb that says "buy a house today/sell it next year", in an average market, how much are you losing in that equation on average?

I.e. 3% per year propetry appreciation, coach stays 2 years, he's up 6% on the house, but that's all gone with Realtor fees, and he's lost a lot more on the closing costs for buyer and closing costs for seller....I often wonder how those guys do it.
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In some coaching deals, the new school buys their existing home at market value. I think USC did this with Lincoln Riley. Sweet perk if true.
 
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