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Lance Briggs: Every player knew lockout was coming, should have prepared

Lance Briggs AP

At a time when NFL players don’t know how soon their next paycheck will come, there seem to be two groups of players: Those who were so irresponsible with their money that they’re now taking out loans just to get through the offseason, and those who managed their money responsibly and are doing just fine.

Bears linebacker Lance Briggs is in the latter camp. And he doesn’t have a lot of sympathy for those in the former camp.

“We knew that the lockout was coming for two years now. Everyone was instructed to prepare. Those guys that didn’t do that are going to get hurt, like they are. I have a good financial team and we’ve been preparing for this for a while. It’s not hitting me like it is a lot of other guys. I’m pretty comfortable in my living right now,” Briggs said on WSCR in Chicago.

Briggs is obviously right that every player should have prepared, but one of the biggest questions facing the players’ side in the ongoing labor battle is whether the players like Briggs who did prepare are in the majority. If they are, the players will be able to hold firm and drive a hard bargain with the owners. But if the majority of players are already struggling financially now, it’s going to be tough to keep them united when the threat of losing regular-season paychecks gets closer.

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34 Responses to “Lance Briggs: Every player knew lockout was coming, should have prepared”
  1. arrogantathlete says: May 20, 2011 7:57 AM

    Meet the Stupids.

  2. karlpilkington says: May 20, 2011 7:58 AM

    Calling Dez Bryant,calling Dez Bryant, please report to the loan shark asking 30% on a loan.

    Dummy.

  3. duanethomas says: May 20, 2011 7:59 AM

    The players that didn’t save and prepare for this, should be ignored because they are only talking/complaining about their lack of money. They don’t care about the game, or their unions position….they only care about money or lack thereof. 500K at 23%? Stupid and they deserve to pay that interest, for not saving.

  4. contract says: May 20, 2011 8:02 AM

    The players don’t need to stay together because this is not a strike … it’s a lockout. The fools that mismanaged their money may want to agree to anything the owners throw at them, but as long as the lockout is in place, no one plays.

    There isn’t much chance of Brady, Manning & Brees agreeing to a lousy deal just to keep Dez Bryant from having to pawn his jewelry.

  5. cassrangers says: May 20, 2011 8:08 AM

    even if they didn’t know the lockout was coming, that’s just being a responsible adult. Save your money, don’t go blow it all… isn’t that common sense? Even an average NFL yearly pay check is worth probably more than 6 years of my salary, so you should be able to manage that IF YOU WERE A RESPONSIBLE ADULT!

  6. 2009kenny says: May 20, 2011 8:11 AM

    The other thing of course is that Briggs signed a big deal not too long ago. Wasn’t he the guy that abandoned his Lamborghini after he crashed it on I-94? Buddy you are too well paid to go broke over this

  7. mightymightylafootball says: May 20, 2011 8:14 AM

    The irony being that it will be the irrespocible broke players that force the smart squared away ones to cave.

    Darwin had it backwards, apparently…

  8. ilpackerbacker says: May 20, 2011 8:19 AM

    Good for Lance Briggs, but this is really ridiculous. I cannot believe some of these guys are so financially irresponsible, that they’re “struggling” when they make this kind of money. What’s the league minimum – $355,000 a year?

    What a horrible, low salary. A lot of these guys are idiots. Time to drop the bling and Bentley’s.

  9. ppdoc13 says: May 20, 2011 8:38 AM

    Easy for Lance Briggs to say what he did. He has been playing for years and has had a couple of good sized contracts. What about the UDFA’s and low round draft choices that are in their 2nd or 3rd year making 300K max. Sounds like a lot of money, but after uncle sam and the state takes their cut (50%) there is no way to save enough to prepare for a lockout.

  10. TxGrown says: May 20, 2011 8:48 AM

    Lance Briggs = Smart Player, Smart Money.

  11. lasher1650 says: May 20, 2011 9:06 AM

    Fiscal responsibility from a man who wrapped his $30o,000 Lamborghini around a pole, reported the car stolen, then confessed that he was driving and left the scene of the accident . . . Oh yeah, then went straight back to the dealer to buy another $300,000 Lamborghini. Not to mention the child support issues that landed Briggs in court to force him to pay his baby mama’s (yes plural). Lance is sending a good message, he just is the wrong messenger.

  12. lucky5934 says: May 20, 2011 9:20 AM

    Not sure why this offseason would be any different than any other. Players don’t receive checks in the offseason. Just weekly game checks during the season. This is not a lockout thing that players should have saw coming. It is a responsibility issue. Many of the players who are taking out loans, need to a) stop giving money to every single person that asks. Ask MC Hammer how that worked out for him. b) put some money in savings each week of the season. They would be amazed at how fast they can rack up some money instead of spending it on 7 cars, 3 hourse and a ton of jewelry and tattoos. c) Stop trying to imitate every rich person in the world. Living within your means is not always fun, but it has always been a reliable approach to getting by in life.

  13. wtfru2 says: May 20, 2011 9:21 AM

    Don’t hear anything about the owners struggling do ya? Brain over brawn any day of the week!

  14. peytonwantsaflag says: May 20, 2011 9:32 AM

    I’m thinking if this thing don’t settle in the next month or so the membership of the Bloods and Crips is gonna go way up.

  15. kspl1 says: May 20, 2011 9:35 AM

    How hard can it really be to manage millions of dollars. I don’t feel bad if any of them go broke. Stop wasting money on jewelry, 30 cars and houses for everyone in your family.

  16. terminalsd says: May 20, 2011 9:36 AM

    That’s what happens when you give guys who are 21 to 25 from the inner city who came from nothing millions of dollars. They blow it on BS!

    Everyone is in their pockets from the moment they get drafted. These guys have no concept on cash management, CD’s, IRA accounts, Stocks etc. I’m Black and was that age once.

    In the city we are raised to want the best and fanciest things even if we can’t afford. It makes no sense but it’s the reality of the situation. Too many leaches around these guys but at some point you have to PAY ATTENTION and figure it out. Wise up youngsters!

  17. whatswiththehate says: May 20, 2011 9:43 AM

    ilpackerbacker says:May 20, 2011 8:19 AM

    Good for Lance Briggs, but this is really ridiculous. I cannot believe some of these guys are so financially irresponsible, that they’re “struggling” when they make this kind of money. What’s the league minimum – $355,000 a year?
    —————————–
    It’s possible. Example Donald Trump… Daddy helping him get into real-estate…made millions then went bankrupt. Bailed himself out, then went bankrupt again.

    Some of you really need to take off the rose colored glasses and realize that not everyone with money knows how to manage money.

  18. newagerocker says: May 20, 2011 9:49 AM

    I believe these are signs of the apocalypse:
    • Lance Briggs being responsible and making sense.
    • Randy Moss speaking to youth offenders on his own accord.
    • Michael Vick making non-controversial statements.
    Maybe the world really is going to end tomorrow.

  19. sc5000 says: May 20, 2011 9:54 AM

    Easy for Briggs to say, not everyone is in the middle of a six year deal that has paid him 22 million over the last 3 years. He’s right some of them should have been more prepared, but not all of the players in the league are as fortunate as he is. If they were this season would already be in the tank.

  20. owensaws says: May 20, 2011 9:59 AM

    This rant is so ridiculous – only a small percentage of players hit on a big contract like Briggs the rest of them made average NFL salries and like many in their 20′s especially ones that make a nice check bought cars, rented a nice place and now after their blood sucking agents and advisors hit them they are tight on money. This is not different from a LARGE percentage of people of that age group. No it is not the smartest thing ever but lets be real here before calling them out as idiots. So tired of they make 10 times what I make YES they do but they also live in a different world and you would not live in a $200,000 house if you made $500,000 per year either and if you say you would and save the rest your a liar.

  21. lucky5934 says: May 20, 2011 10:17 AM

    Whatswiththehate,

    It has nothing to do with Rose colored glasses. We fully accept that not everyone with money knows how to manage money. Our economy is living proof of that. But these guys make enough money to either hire a financial advisor or talk to veterans on the team who are financially responsible. it is just like any other skill in life. You either ask someone to coach/guide you through something or you figure it out via trial and error and learn from your experiences. But overall, its not rocket science. If someone spends more than they make, then you will end up in the red. If you spend less than you make, then you stay in the black. It’s that simple.

  22. iknowwhatyoudidinsanfrancisco says: May 20, 2011 10:24 AM

    Lance Briggs is a rapist

  23. purdueman says: May 20, 2011 10:25 AM

    Who cares what Lance Briggs thinks or has to say?

    I want the daily update as to what Dr. Jesus (Tebow), is up to! Let’s see, it’s Friday so that must mean that he’s at a Senior Citizen Center whipping up some grits for the residents to gum down for breakfast, then he’s likely off to his morning prayer service, followed by volunteering at a nearby high school to be a crossing guard!

  24. jjblichm says: May 20, 2011 10:35 AM

    Everyone here is acting so high-and-mighty calling the players irresponsible. They should have saved for the lockout, but I’m sure most of them have expensive mortgages, car loans, etc. Especially those who have been in the league for more than the two years they “should have known” about a lockout.

    And you’re telling me if you made millions of dollars you’d spend like you made 30,000? Give me a break.

  25. hatesycophants says: May 20, 2011 11:05 AM

    @terminalsd,

    Who the hell is “we?” Speak for yourself. If your parents raised you to want things you cannot afford, they failed you. The suggestion that everyone of similar ethnic background and socio-economic strata suffered the same parental failure is ridiculous.

    By the way, no one gave these 21 – 25 year old men a goddamn thing. The vast and overwhelming majority of them earned every nickel.

  26. leib15 says: May 20, 2011 11:29 AM

    This kind of sums up the whole lockout thing. The players claim they need better long term healthcare coverage and more money, because their (million dollar) salaries don’t last long enough. To those players I respond; sell your Range drive an Escalade. Cut your tropical vacation down to two weeks instead of three. Next time, “make it rain” with fives, instead of twenty’s. It’s ironic that the players expect more money to solve their financial problems, when they can’t even last ONE off season!! Maybe players like Briggs deserve a raise, but to the rest of them it’s time to start growing up and learning how to be a responsible adult.

  27. ThatGuy says: May 20, 2011 11:50 AM

    The only guys that even draw a hint of sympathy from me are the practice squaders who won’t get paid and last years unsigned rookie FAs who signed for a pittance compared to drafted players. (and it is just a hint) While they still made a 350,000+ salary, half that goes to taxes and union dues, and the pressure to live the life of a pro player, take care of family, etc. Will have a lot of these guys living lean shortly.

  28. myeaglescantwin says: May 20, 2011 12:11 PM

    yyyyyyyyyyyyup

    i think i can spick for middle class america when i say we have no sympathy for the players either. lol
    there is absolutely no reason for even the least paid pro athlete to go in the red even if they dont get paid for a full year. we take pleasure in your misguidedness. thank you

    and how much do pro players get in umemployment??

  29. vetdana says: May 20, 2011 12:15 PM

    What about the UDFA’s and low round draft choices that are in their 2nd or 3rd year making 300K max. Sounds like a lot of money, but after uncle sam and the state takes their cut (50%

    Cry me a river !! What about the thousands of famlies that are trying to live on 35000 per year and have no health insurance ?? Get Real !!

  30. granadafan says: May 20, 2011 1:52 PM

    Yup, no sympathy for players who have no financial responsibility and/or ignore the advice of their peers, team officials, agents, advisors. Instead they rely on the verrrrrry helpful advice of baby mommas, posses, their hood hangers on, and the car/jewelry salesmen.

    Lance Briggs has certainly grown up and matured from his earlier days.

    If these players can’t even last a few months with no pay, then what the heck are they going to do when they retire or are forced out of the league?

  31. goombar2 says: May 20, 2011 2:03 PM

    I followed Lance’s example!

    Unfortunately, I owe the Lamborghini dealership 300k, the cops just released me from lock up and I might end up in jail for ten years! They also want to add DUI to the list of crimes I committed!

    And with the future child support payments and no job… I’ll never get out of jail!

    At least my lawyer is David Valenti! Lawyer to all sleazy scumbags in Minnesota! Hopefully he’s not to busy with his latest viking client…

  32. SpartaChris says: May 20, 2011 9:20 PM

    ppdoc13 says:
    May 20, 2011 8:38 AM
    Easy for Lance Briggs to say what he did. He has been playing for years and has had a couple of good sized contracts. What about the UDFA’s and low round draft choices that are in their 2nd or 3rd year making 300K max. Sounds like a lot of money, but after uncle sam and the state takes their cut (50%) there is no way to save enough to prepare for a lockout.
    =============================
    You don’t really believe that, do you?

    The league minimum salary is $350k/year. Even if they paid 50% of their salary in taxes (Unless they live in Hawaii and don’t have any tax deductions, they don’t,) their take home pay after taxes would be $175,000/year, or $14,500 per month. Lets say they spend $4,000/month on living expenses and $1,000/month for their ride, including insurance, that’s $60k/year. Factor another $20 or $30k/year for misc expenses/entertainment and they still have $145k or more for savings. And this isn’t enough?

    There is NO reason, NONE that these players should be struggling at this point, especially when they knew the lockout was on the horizon. As I’ve just proven, the bottom of the roster guys make more than enough money to survive comfortably and still have enough to have significant savings. With more than two years to prepare, players should have been socking money away and cutting back if they found themselves too extended. If they’re finding themselves in dire straights, they have no one to blame but themselves.

  33. SpartaChris says: May 20, 2011 9:23 PM

    jjblichm says:
    May 20, 2011 10:35 AM
    Everyone here is acting so high-and-mighty calling the players irresponsible. They should have saved for the lockout, but I’m sure most of them have expensive mortgages, car loans, etc. Especially those who have been in the league for more than the two years they “should have known” about a lockout.

    And you’re telling me if you made millions of dollars you’d spend like you made 30,000? Give me a break.
    ======================
    You sound like an enabler making excuses for poor behavior.

    There’s simply no excuse to live beyond your means, regardless of income level.

  34. raiderapologist says: May 20, 2011 9:46 PM

    cassrangers says:
    May 20, 2011 8:08 AM
    even if they didn’t know the lockout was coming, that’s just being a responsible adult. Save your money, don’t go blow it all… isn’t that common sense? Even an average NFL yearly pay check is worth probably more than 6 years of my salary, so you should be able to manage that IF YOU WERE A RESPONSIBLE ADULT!
    ——–
    After watching the first round of the draft and seeing the jewelry being sported by guys with no money, “RESPONSIBLE ADULT” did not come to mind.

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