Is Tebow Taking a Pay Cut?

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Bad economics. When you make that much money it isn't like you are spending it all on living expenses, unless your name happens to be Vince Young. No, if you are a normal person, most of that money goes into investments or buying luxury items in which you can shop around the country for. This pay cut is exaggerated for someone who makes that kind of money.

Wade of OK 11:27AM October 26, 2012

Quite frankly, the premise of this article is senseless. Yes, Tebow's cost of living will be increased by moving to New York - so much is obvious - but he is not taking a pay cut. I understand that, mathematically, his expenditures will increase, but I doubt that Tebow (and especially Manning) are going to see this move as financially significant. If I'm a professional quarterback making upwards of ninety million dollars over several years (Manning), the cost of living increase associated with the move is so profoundly insignificant that it's striking. You're talking about two athletes whos already extravagant incomes are supplimented by an array of endorsements. I just wasted probably three minutes reading an article talking about nothing, and was so disappointed at the end of it that I was compelled to take furhter time to write this statement regarding the article's quality. Forgive me for being crass, but the next time i want to experience taking a piss in the wind I'll walk outside and do it myself. At least that way I'll experience a certain amount of catharsis about the situation. Writing about Tim Tebow simply to write about the man is pitiful. I expect more out of this editorial.

Mack Whicker of AR 2:53PM March 23, 2012

I know this article is somewhat tongue-in-cheek, but from a realistic perspective, it misses a big point. There is a huge difference between $6.6 million/year and say $66,000/year. That $66k is going to be spent, and probably mostly in the place the person lives. Thus for 66k the cost of living is really important. Somehow, I just don't see Tim Tebow spending $6.6 million/year even in New York. I'm sure most of his salary, as well as endorsements, etc, will be invested. So, the local cost of living will probably be pretty much invisible to him.

RonFCCC of PA 2:11PM March 23, 2012

Danielle,
You should get your pencil taken away for writing such a poorly thought out article. Why do you assume Tebow spends every cent he makes? Just because the cost of living is double doesn't mean he looses out on half his 6.6 million...

KJC of KS 6:08PM March 22, 2012

A mansion in New York might costs several million dollars more than a mansion in Denver, but that's a one-time outlay. It doesn't make sense to adjust his entire contract value for the "cost of the living" in New York since his contact value is 100s of times more valuable than average cost of living in either city.

Joshua W of CA 5:01PM March 22, 2012