Not really. Staying in school he loses a year of earnings.
Posted on: April 13, 2018 at 15:20:23 CT
scif MU
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Assuming that he develops into a starting quality player, then he would get about $15,000,000 per year on his second contract. So, after four years, if he doesn't get hurt, and if he becomes a lottery pick, in your scenario he would earn about $8 to $14 million (college plus the initial 3 year contract), depending upon whether he goes closer to pick 14 or pick 5. If he goes now, picked in the bottom third of round one, over those same 4 years JP would make about $5 million in the first 3 years, plus $15 million in year one of his second contract. So, he would earn more by leaving now.
Looked at another way, if he plays to 35 years old, he will have one less year as a pro and one less year of high level earnings, if he stays. So, staying would cost him $15 million (or whatever a starting player makes by then. It may be more).
He may return, but it won't be because it makes financial sense to do so. About the only way he would end up worse financially is if he doesn't get a second contract at all. Even decent bench players get $6 to $8 million.