Jerome James, Meet Mariano Rivera
Sunday, May 2nd, 2010In the latest Sports Illustrated, there is a absolutely sensational article regarding the “Core Four” - four New York Yankees who entered the majors in 1995 and have played together and been largely responsible for the enormous success the Bronx Bombers have had since that time.
One of the four, Mariano Rivera (the other three are Derek Jeter, Jorge Posada and Andy Pettitte), made some poignant comments in the piece after the quartet was asked which one of them young players should ask for financial advice.  Posada replied, “Mo.”
Rivera’s statements should serve as advice that should be heeded by every young professional athlete. Before quoting Rivera’s sound counsel, allow me to introduce a prime example of someone who ought to be listening -and listening intently.Â
Jerome James just concluded his NBA career - sitting in street clothes on the Chicago Bulls’ bench. He was obtained by the Bulls in a trade between them and the New York Knicks, mainly because of his enormous contract. NBA trades now are as much, if not more, about money than acquiring talent. To oversimplify current trades, the money of the players switching teams has to somewhat balance. When the Bulls unloaded Larry Hughes, he of the 5-year, $70 million contract, James had to be thrown into the deal, even though he had sustained a career-ending Achilles tendon injury and would not play a second in a Bulls uni. This change of address couldn’t have been too surprising to James since in each of the past two years, he’d played in only two games during each one. One reason he needn’t fret was the contract he’d been offered by Isiah Thomas - someone many guys in, and now out, of the league ought to keep on their Xmas card list.
James contract, which he was offered after showing brief flashes of ability in eleven games of the 2005 NBA Playoffs (to quote Jim Mora, “Playoffs???” - not an entire season, but playoffs!!!), was for 5 years and $30 million. His salary for this season, in which he even never suited up, was $6,600,000. “What economic downturn?” Jerome must have been thinking.
But now his career is over. And now is the proper time to invoke the wise words of Mariano Rivera regarding the longevity of a professional athlete’s career: “I understand we do this in a period of time. We cannot do this forever. So whatever you make, you’ve got to take care of it.”
A brief break during this bit of wisdom to reflect on a recent story I heard about James’ modes of transportation. One is a Maserati and the other is a Rolls Royce. Admittedly, this is second hand information, i.e. I have not actually seen either of these two vehicles but, as is said by real journalists, it does come from a “very reliable source.”
Back to Rivera’s sage guidance: “I’m going to do whatever it takes to save the money that I have made, because I know that I’m not going to be working after that, or making the kind of money that we are making now.”
I don’t claim to have any idea how much money Jerome James has stashed away but I’d venture to say that a 34-year-old with both a Maserati and a Rolls, coupled with a contract that just ran out, might want to think about the old proverb that says:
“Money talks, but all it ever says is goodbye.”     Â