Elway takes a H-U-U-G-E sack - Printable Version
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Elway takes a H-U-U-G-E sack - Redrum - 10-14-2010
He already walked a bit pigeon-toed...with added gimpiness for a career of abuse. Gawd knows how he\'s walking now.
[url]http://sports.yahoo.com/nfl/blog/shutdown_corner/post/John-Elway-invested-15-million-in-a-Ponzi-schem?urn=nfl-276931[/url
I think the difference between the Bernie Madoff victims and Elway is that Elway still has some money left.  I would think that guys who run Ponzi schemes against NFLers  are much more likely to get shanked on just some otherwise normal prison day.
Re: Elway takes a H-U-U-G-E sack - fullmetal - 10-14-2010
Odd that the article mentions his wife leaving him. Â That happened, according to the linked article, somewhere in 2002. Â The linked SI.com article also mentions that they had gotten back together after John worked to save the marriage. Â And since 2002, there\'s been no mention of major tragedy, iirc.
He\'s got at least one of his kids at Stanford; can\'t be that bad!
Re: Elway takes a H-U-U-G-E sack - 82lsju - 10-14-2010
the original Denver Post article has a few more details
http://www.denverpost.com/business/ci_16333804
Re: Elway takes a H-U-U-G-E sack - readarmy1976 - 10-14-2010
Yeah, but I remember reading he sold his network of Colorado car dealerships for like $50 Million. I think he\'s had some other good plays too.
I wonder what that guy does with his days now. He looks pretty old and beat up every time they show a picture of him.
Re: Elway takes a H-U-U-G-E sack - Hansenjohn - 10-15-2010
Elway did an excellent interview with Gary Radnich on KNBR a couple weeks ago. Â You can find podcast here: Â
http://www.knbr.com/OnKNBR680/GaryRadnich/tabid/596/Default.aspx
Re: Elway takes a H-U-U-G-E sack - Farm93 - 10-15-2010
Despite the amazing contracts many athletes end up bankrupt shortly after their careers are over. Â The expenditures keep racing out at the glory year pace, but the income sources dry up quite suddenly.
Elway has enough resources to park $15 million in an individual investment opportunity. Â You can\'t really do that, if you don\'t have the assets. Â So, I think that means he is doing just fine.
Based on the article, I think he has a decent chance of keeping his investment out of the Ponzi scheme allocations. Â But either way, you don\'t allocate money to a niche investment firm without some understanding that you might lose the entire investment.
Played at Stanford, won Super Bowls, started successful multi-million dollar Colorado businesses, raised a child that went to Stanford and plays D-1 sports.
I suspect most people on this board would agree that seems like quite a successful life to date.
Re: Elway takes a H-U-U-G-E sack - needle - 10-15-2010
John Elway and Toby Gerhart, arguably numbers three and four on a list of all-time Stanford football greats, both wore 7. So does that make it less likely or more likely that the number will be retired?
I don\'t see it being retired solely in Toby\'s honor b/c that would seem a slight to Elway. On the other hand, wouldn\'t it be unprecedented to retire a number based on the accomplishments of two players?
Re: Elway takes a H-U-U-G-E sack - CowboyIndian - 10-15-2010
Create a \'Ring of Honor\' of some such at the stadium and you don\'t have to retire any number.
Apropos of nothing... - Mick - 10-15-2010
Quote:He already walked a bit pigeon-toed...with added gimpiness for a career of abuse. Gawd knows how he\'s walking now.
[url]http://sports.yahoo.com/nfl/blog/shutdown_corner/post/John-Elway-invested-15-million-in-a-Ponzi-schem?urn=nfl-276931[/url
I think the difference between the Bernie Madoff victims and Elway is that Elway still has some money left. I would think that guys who run Ponzi schemes against NFLers are much more likely to get shanked on just some otherwise normal prison day.
I was reading the list of Madoff investors, and I knew one of the investors personally. Â I have to say, I felt a little ambivalent seeing his name on the list. Â He essentially made his money making usurious loans and seeing that he lost $15 million to Madoff made me feel bad, but not terrible.
Re: Elway takes a H-U-U-G-E sack - Spiny_Norman - 10-15-2010
Quote:We hardly retire numbers anyway, do we?
Stanford has retired two numbers - 1 for Ernie Nevers and 16 for Jim Plunkett. Â Yet nowhere will you find an acknowledgment of this at the stadium. Â The north end of the stadium with the peristyles would be the perfect place to do so. Â And Needle, I agree 100% that #7 should hang there with 1 and 16.
Re: Elway takes a H-U-U-G-E sack - JeffInCorvallis - 10-15-2010
I believe there is some acknowledgement of the Nevers and Plunkett numbers over in the Hall of Fame, but you are right, none in Stanford Stadium. Â Seems like we could do that.
#7 retired jointly for Elway and Gerhart - I think that would be really great.
Re: Elway takes a H-U-U-G-E sack - readarmy1976 - 10-15-2010
Quote:Create a \'Ring of Honor\' of some such at the stadium and you don\'t have to retire any number.
Hey, that is a GREAT idea, since Stanford\'s football tradition seems to have vanished in the perception of the public. I wonder why they haven\'t done that. Perhaps its just not Stanford\'s style to glorify individuals in that way.