And the children will get whatever they need for expenses through the trust.
Brendan Sorsby is done. Canada says no thanks
- Thread starter HBK4life_rivals100467
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IF his agent thinks he needs reps, the UFL would be the way to go. The CFL is a different game and too deep in to their season. In reality he would only be sitting for 8 months before the draft. Playing somewhere could actually hurt his draft status.
Honestly unless Sorsby releases a statement taking responsibility for his actions and what he is going to do to correct his problems I don’t believe he will he high on any teams list.
He doesn’t need any of this garbage … take the $5 million. Double it on college football bets next year. Then invest half of the total into the S&P while taking the remaining and doubling it again in the 2027 season. Then take half and invest in S&P again. At this point you’ve got $10M of compounding interest setting you up for an easy withdraw rate and security for the long run, not that he’ll need it …
2028 season comes - double the $5M again and now you have legit fun money with $10m in the bank Dude is set!
2029 comes - let’s say you don’t invest and decide to ride the heater. Bet all $10m double it and holy crap, dude has $20m!
2030 bet the $20m and double it and get to $40m!
Anyway, you get the point. By 2031 he has FU money - 2050 he could buy his own NFL team and play QB if he wants.
No, Warren Buffett is not leaving all his money to his children. As of 2026, the 95-year-old Berkshire Hathaway CEO plans to direct99% of his >$150 billion fortune to a new charitable foundation, which will be overseen by his three children—Susan A. Buffett, Howard G. Buffett, and Peter Buffett. [1, 2]
Susan A. Buffett
Howard G. Buffett
Peter Buffett
Key details of the plan include:
- Charitable Requirement: The fortune must be given away within 10 years of his death.
- Unanimous Decision Making: All three children must unanimously agree on how to distribute the funds.
- Philanthropic Purpose: The funds are intended for causes supporting those "less fortunate," rather than personal inheritance.
- Previous Giving: While they will not inherit the vast bulk of the wealth, his children have already received significant funds for their own respective philanthropic foundations over the past 20 years.
Plus they will draw a salary every year for those 10 yrs . They have plenty of money.
I agree they will be fine and I agree they have plenty of money.
But it is also very clear that he did not leave his kids "all his money" like most normal parents do and also he set up some weird Brewsters Millions contest for them (great Richard Pryor movie) where they have to spend all that money in 10 years.
It is okay to just admit that he is not leaving his kids all his money
Buffett has long stated his philosophy is to leave children "enough so that they can do anything, but not enough that they can do nothing"
He is worried that his very grown "kids" will turn into druggie losers...at the ages of 60.
But it is also very clear that he did not leave his kids "all his money" like most normal parents do and also he set up some weird Brewsters Millions contest for them (great Richard Pryor movie) where they have to spend all that money in 10 years.
It is okay to just admit that he is not leaving his kids all his money
Buffett has long stated his philosophy is to leave children "enough so that they can do anything, but not enough that they can do nothing"
He is worried that his very grown "kids" will turn into druggie losers...at the ages of 60.
I heard that Tech paid Cincinnati $1 million to get him out of there and they are suing Cincy for that money, but they are letting Sorsby go. He started getting paid his $5+ million in February and gets to keep the prorated amount that he "earned" by going through spring ball.
Pwt peeve on mine when people whine about Warren not supporting our athletic department. Why do some fans feel so entitled like that? Give your own money, there is no limit on what you can donate. Sell your house, drain your 401, there's nothing stopping you. Warren allocates so much money for charites it's ridiculous. I care a lot more about that, than any athletic endeavor..
Fun side story.. one of my oldest mtn biking bro's used to (N-word) knock Warren's home back in the day. He saw him walk up and out the door in his robe many times. Hahaha
Fun side story.. one of my oldest mtn biking bro's used to (N-word) knock Warren's home back in the day. He saw him walk up and out the door in his robe many times. Hahaha
Warren Buffett knows the value of a dollar. So he's not going to throw money around like some of these clowns who happen to also be rich. Buffett does give generously to charity. College athletics is as far as you can get from charity.
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I heard he only gets to keep a couple months worth of the NIL deal with Tech. So he ONLY gets $1.6 million for playing spring football and lifting weights for several weeks. Poor guy.
He should get every single penny. NIL has nothing to do with his playing and/or performance. At least, that is what we are told.
Unless TT wants to admit that they paid him to play??
Most politicians are in it for personal gain. The voting public can easily be mislead by false narratives and vilifying the other side. That way the politicians can use the no limit credit card and continue to pile up the debt.
I think the point is that the current politicians care more about themselves and their political career. So fixing social security or tackling other issues would be more likely to get done if they were not able to kick the can done the road and point the finger at the other side of the aisle. Distract the simpleton masses.
But was most of it NIL or revenue sharing? The revenue sharing is a pay for play so him not playing for TT I would think he wouldn’t be entitled to that .
This stuff isn't paid out as a lump sum payment at the start of the contract and you probably know that. If it is about advertising for instance, any athletes value, especially lesser known college kids, is much higher when they are in season and competing on TV.
Yep when sorsby jumped Cincinnati was going to sue him fur 1 million. Tech probably gave him the million to pay Cincinnati off. I would think Tech would have a hard time collecting that million.
It's not entitlement, it's wishful thinking from fans eager for success
Imagine a college kid with $100 in their bank account spending 7 cents once a year.
That's the same expense to networth ratio as Warren Buffet spending $100 million a year.
You are right...as fans we think how we would act if we were that rich and most of us would give to the school instead of some climate charity.
My guess these deals whether it’s Sorsby or Dylan R the bulk is paid between August 1 and December 31.
Nah. It's entitlement. When you think your favorite football program should just automatically get somebody else's money " because they have ao much" its the very definition of enrtitlment.
Climate charities are fukcing stupid IMO, but are you suggesting that's all he donates to?
I love the Buffett critics.
“He doesn’t spend his hard-earned fortune on the things that are important to me!!”
“He doesn’t spend his hard-earned fortune on the things that are important to me!!”
I agree but isn't that the same exact thing that we do with everyone?
"The coach didn't call the play that I would have called"
"That politician didn't push for the law that was important to me"
"That player didn't pick the school that is important to me"
For the record, I wish Warren was our biggest fan. I wished he was giving us Cuban level NIL. I mean, "he can afford it"
I also have less tham zero issues with his decision not to. It's really kinda admirable actually. It's not his thing , and he's not going to be insulted or guilted into doing it. Good for him.
I also have less tham zero issues with his decision not to. It's really kinda admirable actually. It's not his thing , and he's not going to be insulted or guilted into doing it. Good for him.
Nobody serious has said this
This is what everyone said and you called it entitlement
So then we all feel the same about it? We don't care at all that he doesn't give the program his money? Wished he would, but zero cares he doesn't? Alrighty then. It's settled.
Each one of those sentiments is routinely condemned for not being "Nebraska nice" enough for the board retards that celebrate B1G media checks and Michigan beating Alabama
"Wishing" is a direct admission of caring.
Very weird argument you've started with yourself.
I had to google that. I'm not sure which thing Buffett donates to that you are equating to "climate charity"- poverty reduction, early childhood education, reproductive health, combating human trafficking, global food security? Which of those is climate charity? Personally, I'm all for helping other countries with stuff like food and economic development cause few countries these days seem to want to take refugees including the U.S. I would rather see a billionaire give money to help the poor than give millions to some campaign to manipulate public opinion or build the world's largest yacht.
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depends on the poor. creating an always increasing aid bubble for ones who can't take care of themselves is gonna result in mass chaos
Is this idiot really going to try and sue the NFL? Really? After that statement put out by the league, which was the equivelent of an online spanking? Might it be waaaay better to put out a statement saying something like I understand their decision and am happy to wait for the '27 draft amd thank them for taking the time to review his suppl draft submission?
Suing would be a sure-fire way to get black balled from the league entirely.
Suppose he wins and the NFL has the supplemental draft and all the teams pass on him, will he sue some team to draft him?
Desperate move for anyone to sue their potential employer. Especially for someone who has exactly one business he can work for. I would rethink that option.