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(Yahoo)   Calvin Johnson to receive eight-year, $132 million contract from Detroit. In related story, Megatron now worth more than entire city   (sports.yahoo.com) divider line 113
    More: Obvious, Megatron, Detroit, NFL, Yahoo, Nate Burleson, receivers coach, Jahvid Best, Larry Fitzgerald  
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648 clicks; posted to Sports » on 15 Mar 2012 at 11:04 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-15 09:27:49 AM
As of 2009, the median home value in Detroit was $7,000, according to BusinessWeek.

I have no faith that Detroit will ever rebound to what it once was. The city needs to contract. There's tons of abandoned real estate that is doing nothing-- no one wants to live there, no business can survive there, and there's no money to do any kind of real rescue.

So here's a proposal for Calvin Johnson: Take 10% of that contract, which works out to $1.65M/yr, and start buying up abandoned, disintegrating homes. They're worthless, both because of their condition and because they've been picked clean of anything valuable, down to the copper wires.

If the median is $7K, there's probably a lot of homes available for $3K. You're never going to find renters or buyers for most of them. Instead, buy ~200 homes a year ($600K), hopefully in clumps, and spend the other $1M putting local construction crews to work removing their husks, and turning them into green space. Work with scrap yards, recycling facilities, and landfills to get the wreckage taken away. See what the city will give you for the lots, and sell them back as public space, even if it's at a loss.

Set the example, and enough people do that sort of thing, some neighborhoods might go from being largely empty wastelands to small clusters of people in more pleasant surroundings.
 
2012-03-15 10:52:59 AM

chimp_ninja: As of 2009, the median home value in Detroit was $7,000, according to BusinessWeek.

I have no faith that Detroit will ever rebound to what it once was. The city needs to contract. There's tons of abandoned real estate that is doing nothing-- no one wants to live there, no business can survive there, and there's no money to do any kind of real rescue.

So here's a proposal for Calvin Johnson: Take 10% of that contract, which works out to $1.65M/yr, and start buying up abandoned, disintegrating homes. They're worthless, both because of their condition and because they've been picked clean of anything valuable, down to the copper wires.

If the median is $7K, there's probably a lot of homes available for $3K. You're never going to find renters or buyers for most of them. Instead, buy ~200 homes a year ($600K), hopefully in clumps, and spend the other $1M putting local construction crews to work removing their husks, and turning them into green space. Work with scrap yards, recycling facilities, and landfills to get the wreckage taken away. See what the city will give you for the lots, and sell them back as public space, even if it's at a loss.

Set the example, and enough people do that sort of thing, some neighborhoods might go from being largely empty wastelands to small clusters of people in more pleasant surroundings.


or just win a super bowl and direct all rioting to dilapidated areas and let the rioters burn it all down to the foundation for free.
 
2012-03-15 11:08:38 AM
tfwiki.net
 
2012-03-15 11:09:57 AM
Yet he couldn't even name himself after an American cartoon, he had to import from Japan.
 
2012-03-15 11:18:16 AM

thomps: chimp_ninja: As of 2009, the median home value in Detroit was $7,000, according to BusinessWeek.

I have no faith that Detroit will ever rebound to what it once was. The city needs to contract. There's tons of abandoned real estate that is doing nothing-- no one wants to live there, no business can survive there, and there's no money to do any kind of real rescue.

So here's a proposal for Calvin Johnson: Take 10% of that contract, which works out to $1.65M/yr, and start buying up abandoned, disintegrating homes. They're worthless, both because of their condition and because they've been picked clean of anything valuable, down to the copper wires.

If the median is $7K, there's probably a lot of homes available for $3K. You're never going to find renters or buyers for most of them. Instead, buy ~200 homes a year ($600K), hopefully in clumps, and spend the other $1M putting local construction crews to work removing their husks, and turning them into green space. Work with scrap yards, recycling facilities, and landfills to get the wreckage taken away. See what the city will give you for the lots, and sell them back as public space, even if it's at a loss.

Set the example, and enough people do that sort of thing, some neighborhoods might go from being largely empty wastelands to small clusters of people in more pleasant surroundings.

or just win a super bowl and direct all rioting to dilapidated areas and let the rioters burn it all down to the foundation for free.


You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.
 
2012-03-15 11:18:59 AM

Lost Thought 00: Yet he Roy Williams couldn't even name himself after an American cartoon, he had to import from Japan.


FTFY
 
2012-03-15 11:20:22 AM

meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.


call it what you want, you do have a cultural proclivity for setting houses on fire.
 
2012-03-15 11:22:46 AM
If he catches 16 TD's per year (the first time he did that was last year) every year for the next 8 years he'll be getting just over $1M per touchdown.

That would also put him at 177 total career touchdowns over 14 years. Seeing as how Jerry Rice had 197 in 19 years, I'm just guessing that this would be extremely unrealistic.

So the Lions are saying he's worth WAY MORE than $1M/touchdown. Silly.
 
2012-03-15 11:24:03 AM

cefm: If he catches 16 TD's per year (the first time he did that was last year) every year for the next 8 years he'll be getting just over $1M per touchdown.

That would also put him at 177 total career touchdowns over 14 years. Seeing as how Jerry Rice had 197 in 19 years, I'm just guessing that this would be extremely unrealistic.

So the Lions are saying he's worth WAY MORE than $1M/touchdown. Silly.


or they are assuming that there are more ways for an elite WR to contribute to a team than TDs.
 
2012-03-15 11:25:05 AM

thomps: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

call it what you want, you do have a cultural proclivity for setting houses on fire.


You call it "arson", I call it implementing chimp_ninja's urban renewal plan and remove abandoned, unsafe houses.
 
2012-03-15 11:26:55 AM

cefm: If he catches 16 TD's per year (the first time he did that was last year) every year for the next 8 years he'll be getting just over $1M per touchdown.

That would also put him at 177 total career touchdowns over 14 years. Seeing as how Jerry Rice had 197 in 19 years, I'm just guessing that this would be extremely unrealistic.

So the Lions are saying he's worth WAY MORE than $1M/touchdown. Silly.


You do know that NFL contracts in their final year or two are complete and utter fiction, right? Peyton didn't see that idiotic $28 million bonus but it was reported as part of his total contract number.
 
2012-03-15 11:28:12 AM

chimp_ninja: As of 2009, the median home value in Detroit was $7,000, according to BusinessWeek.

I have no faith that Detroit will ever rebound to what it once was. The city needs to contract. There's tons of abandoned real estate that is doing nothing-- no one wants to live there, no business can survive there, and there's no money to do any kind of real rescue.

So here's a proposal for Calvin Johnson: Take 10% of that contract, which works out to $1.65M/yr, and start buying up abandoned, disintegrating homes. They're worthless, both because of their condition and because they've been picked clean of anything valuable, down to the copper wires.

If the median is $7K, there's probably a lot of homes available for $3K. You're never going to find renters or buyers for most of them. Instead, buy ~200 homes a year ($600K), hopefully in clumps, and spend the other $1M putting local construction crews to work removing their husks, and turning them into green space. Work with scrap yards, recycling facilities, and landfills to get the wreckage taken away. See what the city will give you for the lots, and sell them back as public space, even if it's at a loss.

Set the example, and enough people do that sort of thing, some neighborhoods might go from being largely empty wastelands to small clusters of people in more pleasant surroundings.


It takes more than $100,000 to completely clear out and raze an abandoned house. That includes things like safe lead, mercury and asbestos disposal.

So that's 10 completed projects a year. That's going to leave him with a steadily growing inventory of slums sitting and rotting.

Creative ideas are *definitely* needed in Detroit but outsiders should realize that there are smart, creative (and occasionally uncorrupt) people here and obvious solutions may have hidden pitfalls that make them unrealistic.
 
2012-03-15 11:30:37 AM

meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.


atdetroit.net

www.blackpast.org
www.hal.state.mi.us
media.cnbc.com
searcholdmagazines.com

O Rly?
 
2012-03-15 11:34:23 AM
Uh, the original Transformers WAS an American cartoon... Toys were originally Japanese but all the names, stories, everything else was written by Americans...

/NEEEEEERD!!!
 
2012-03-15 11:34:57 AM

fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?


That was 50 years ago - then all the white people left so there wasn't a need to riot anymore.
 
2012-03-15 11:36:18 AM

chimp_ninja: So here's a proposal for Calvin Johnson: Take 10% of that contract, which works out to $1.65M/yr, and start buying up abandoned, disintegrating homes.


I like that idea as well, but one reason why no one wants the properties is that Detroit is as corrupt as it gets; the property taxes are way out of whack. He'd first have to buy out/off the city government, which is certainly not difficult but a trickier political game than just buying up properties.

cefm: So the Lions are saying he's worth WAY MORE than $1M/touchdown.


NFL contracts are more about gaming the cap than anything, so they're often backloaded and not guaranteed for those years. I'll bet even Calvin himself knows full well a lot of that $132 million will be on the tail of the contract when he's past his prime years. Just throwing numbers out there but I'd guess Johnson will only collect about half the money (still plenty of money), but the agent gets to collect commission on the full amount, the media reports on likewise and the Lions can avoid cap trouble by fictional backloading. Everyone's happy except the accountants
 
2012-03-15 11:38:56 AM
And I will dread whomever has him in my league when I go against them even though I will be taking Stafford as my first pick.
 
2012-03-15 11:39:27 AM

Lost Thought 00: Yet he couldn't even name himself after an American cartoon, he had to import from Japan.


And he does car commercials for Acura.

WTF!?!? A guy who plays his football in DETROIT!

ON FORD FIELD!

/Megadumbass
 
2012-03-15 11:40:37 AM

detroitdoesntsuckthatbad: That was 50 years ago - then all the white people left so there wasn't a need to riot anymore.


That's true.

Personally, I'm fascinated with Detroit and it's history.
 
2012-03-15 11:43:43 AM

cefm: So the Lions are saying he's worth WAY MORE than $1M/touchdown. Silly.


The Lions are saying he's the best WR in the league and they're paying him like it.

For comparison's sake, the previous largest WR contract was Larry Fitzgerald's. Over their careers here's what they average per season:

TD's
Fitzgerald 9.125
Megatron 9.8

Yards
Fitzgerald 1202
Megatron 1174

Receptions
Fitzgerald 86
Megatron 73

So Johnson is ahead by a fair margin in TD's and about even in yards. The only category that he's lacking in is receptions but that just makes his YPC that much more than Fitz.

Anyways, I guess what I'm saying is he got fair market value for his contract.
 
2012-03-15 11:44:16 AM

detroitdoesntsuckthatbad: fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?

That was 50 years ago - then all the white people left so there wasn't a need to riot anymore.


Yes, because the White Flight was the best thing to ever happen to Detroit. Once those horrible white folks left, Detroit has never been better.

o_0
 
2012-03-15 11:46:09 AM
Will FARK deign to give us an NCAA Tournament thread today? I'm sure they have some wrestling, nascar, and premier league ones ready to go that are far more important, but if they could just throw some craps to us lowly college basketball fans, I'd be ever so grateful.
 
2012-03-15 11:47:29 AM

fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?


I love that you had to go back 50 years to find those pictures. How many riots have there been in LA since then? 20?
 
2012-03-15 11:49:35 AM

imaconnect4guy: Will FARK deign to give us an NCAA Tournament thread today? I'm sure they have some wrestling, nascar, and premier league ones ready to go that are far more important, but if they could just throw some craps to us lowly college basketball fans, I'd be ever so grateful.


Seconded. I forgot it even started today. Hell right now even. But those. Peple love their soccer threads and I don't even know what an epl is.
 
2012-03-15 11:49:38 AM

imaconnect4guy: Will FARK deign to give us an NCAA Tournament thread today? I'm sure they have some wrestling, nascar, and premier league ones ready to go that are far more important, but if they could just throw some craps to us lowly college basketball fans, I'd be ever so grateful.


Is there a gambling section? I'm really not sure that the NCAA Tournament counts as sports...
 
2012-03-15 11:52:44 AM

Cndn Bacon: cefm: So the Lions are saying he's worth WAY MORE than $1M/touchdown. Silly.

The Lions are saying he's the best WR in the league and they're paying him like it.

For comparison's sake, the previous largest WR contract was Larry Fitzgerald's. Over their careers here's what they average per season:

TD's
Fitzgerald 9.125
Megatron 9.8

Yards
Fitzgerald 1202
Megatron 1174

Receptions
Fitzgerald 86
Megatron 73

So Johnson is ahead by a fair margin in TD's and about even in yards. The only category that he's lacking in is receptions but that just makes his YPC that much more than Fitz.

Anyways, I guess what I'm saying is he got fair market value for his contract.


and even in receptions, that's over a season. 13 catches over a season is less than one a game.
 
2012-03-15 11:52:57 AM

meanmutton: You do know that NFL contracts in their final year or two


Final year or two? It's way worse than that. According to the article he has to play through 2019 to have even half the contract guaranteed. My prediction for how much of this 120 million he'll actually receive from the Lions? Maybe half and that's being generous.
 
2012-03-15 11:54:19 AM

Cndn Bacon: Anyways, I guess what I'm saying is he got fair market value for his contract.


They both did. It's just that the contract totals are complete and utter fiction.
 
2012-03-15 11:54:30 AM

meanmutton: fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?

I love that you had to go back 50 years to find those pictures.


If by "riots" you mean "Devil's Night"... (new window)
 
2012-03-15 11:56:23 AM

imaconnect4guy: Will FARK deign to give us an NCAA Tournament thread today? I'm sure they have some wrestling, nascar, and premier league ones ready to go that are far more important, but if they could just throw some craps to us lowly college basketball fans, I'd be ever so grateful.


scraps. not craps. Really should proofread before posting. Tournament starts in 20 minutes and still nothing.
 
2012-03-15 11:57:58 AM
Detroit is not Los Angeles or Vancouver. They don't riot because of sports teams.

/race issues is something else completely
 
2012-03-15 12:00:19 PM

imaconnect4guy: scraps


I think they are throwing you craps
 
2012-03-15 12:01:49 PM
So should we see a decline in Megatron this season? The contract is done so why have a "contract year"? Calvin knew the money potential he had just like every big name athelete.
 
2012-03-15 12:02:29 PM

Badger: If by "riots" you mean "Devil's Night"... (new window)


That's not rioting, it's tradition. Like Christmas carolers and Easter egg hunts.
 
2012-03-15 12:02:39 PM

ryarger: It takes more than $100,000 to completely clear out and raze an abandoned house. That includes things like safe lead, mercury and asbestos disposal.


I find it hard to believe that it costs more to knock down a house than to construct one. You generally pay more than twice the construction cost, and a $200K home in middle America would be sizable.

These guys claim that for $18K, they could completely demo a house, including tearing out the basement. The goal there was getting the property ready for a replacement house. And that was California, which has the toughest environmental laws around.

Adjust that for Detroit rates (near zero demand for construction crews-- you're basically competing with the unemployment line), and assume that you can cut corners because your end goal is a dirt lot and some grass seed. Target homes that don't have basements. Do a bunch at a time in one location to save on equipment rentals. Etc.

That all said, color me impressed if Johnson commits even 10% of that contract to giving back to Detroit. The list of professional athletes who do that much is pretty short.
 
2012-03-15 12:05:57 PM

chimp_ninja: I find it hard to believe


You're right, he's wrong. Of course it CAN cost 100k to tear down a house in high cost of living urban areas but it can also cost much less. $10,000 row houses in Detroit though? He's off by an order of magnitude.
 
2012-03-15 12:06:28 PM

kukukupo: Detroit is not Los Angeles or Vancouver. They don't riot because of sports teams.

/race issues is something else completely


I watch Hardcore Pawn. Detroit argues over everthing.
 
2012-03-15 12:06:47 PM
So, to summarize, Megatron will end his career as an underachiever, never having won a Superbowl or NFC Championship.
 
2012-03-15 12:06:56 PM

careless lisper: detroitdoesntsuckthatbad: fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?

That was 50 years ago - then all the white people left so there wasn't a need to riot anymore.

Yes, because the White Flight was the best thing to ever happen to Detroit. Once those horrible white folks left, Detroit has never been better.

o_0


The city is a shiathole. The only things left to riot about are 50 years of mismanagement, corruption and union neglect. But that's only by those unfortunate enough to still live in the city limits. Thankfully my parents were smart enough to get the F out when my sister was born and move us to the suburbs which are still quite nice even if Detroit is a black hole of suck.
 
2012-03-15 12:09:33 PM

meanmutton: I love that you had to go back 50 years to find those pictures. How many riots have there been in LA since then? 20?



But when everyone calls people from Boston racists, they bring up the same old picture as well:

upload.wikimedia.org

Everyone thinks that's ok to do.
 
2012-03-15 12:15:22 PM

detroitdoesntsuckthatbad: Detroit is a black hole of suck.


I am confused by your username.
 
2012-03-15 12:16:35 PM
That dude can buy the whole damn city and be king.
Virgins will dance topless in African costumes competing to be his wife.
 
2012-03-15 12:18:47 PM

chimp_ninja: I find it hard to believe that it costs more to knock down a house than to construct one. You generally pay more than twice the construction cost, and a $200K home in middle America would be sizable.

That all said, color me impressed if Johnson commits even 10% of that contract to giving back to Detroit. The list of professional athletes who do that much is pretty short.


Pay to have the houses gutted. Sell the copper pipes and wire. Then let the city fire department assist you with slash and burn agriculture. Practice for a 2-3 house fire, hacking through walls/doors, etc.... I'm guessing there is a tax advantage if he sold the property back to the city/state at a loss.
 
2012-03-15 12:19:04 PM

Lord_Baull: So, to summarize, Megatron will end his career as an underachiever, never having won a Superbowl or NFC Championship.


By that criterion, I guess you consider Barry Got Damn Sanders "an underachiever".
 
2012-03-15 12:20:37 PM

chimp_ninja: ryarger: It takes more than $100,000 to completely clear out and raze an abandoned house. That includes things like safe lead, mercury and asbestos disposal.

I find it hard to believe that it costs more to knock down a house than to construct one. You generally pay more than twice the construction cost, and a $200K home in middle America would be sizable.

These guys claim that for $18K, they could completely demo a house, including tearing out the basement. The goal there was getting the property ready for a replacement house. And that was California, which has the toughest environmental laws around.

Adjust that for Detroit rates (near zero demand for construction crews-- you're basically competing with the unemployment line), and assume that you can cut corners because your end goal is a dirt lot and some grass seed. Target homes that don't have basements. Do a bunch at a time in one location to save on equipment rentals. Etc.

That all said, color me impressed if Johnson commits even 10% of that contract to giving back to Detroit. The list of professional athletes who do that much is pretty short.


Actually, since this is seen as a charitable function the cost for demolition will probably end up being zero.

I spent two summers volunteering with Habitat for Humanity. The second summer I was put in charge of demolishing five old houses - three had fire damage. The money we received for the fixtures, scrap metal, and quality palletized bricks we recovered more than offset the costs of heavy equipment rentals and haul-away. It was a lot of fun to strip and dismantle the useless buildings. It was better to come back around Xmas and see the brand new homes with their new owners. Oh, and Bobcats are really easy to learn how to use.
 
2012-03-15 12:21:36 PM

chimp_ninja: detroitdoesntsuckthatbad: Detroit is a black hole of suck.

I am confused by your username.


Then you're going to be really confused on Fark. One of my favorites is the guy called something like "I am the egg Matt drudge smears on his body". Try to make sense of that one.
 
2012-03-15 12:24:05 PM

thomps: chimp_ninja:
or just win a super bowl and direct all rioting to dilapidated areas and let the rioters burn it all down to the foundation for free.


========

or make it Haloween 365 days a year
 
2012-03-15 12:28:08 PM

detroitdoesntsuckthatbad: fatalvenom: meanmutton: You're confusing Detroit with LA or Vancouver. We don't riot in Detroit.

[atdetroit.net image 550x361]

[www.blackpast.org image 500x283]
[www.hal.state.mi.us image 450x314]
[media.cnbc.com image 600x400]
[searcholdmagazines.com image 300x399]

O Rly?

That was 50 years ago - then all the white people left so there wasn't a need to riot anymore.


========

They still manage to do it at least one night a year (new window)
 
2012-03-15 12:28:24 PM
If this is FA thread, I think Mario Williams is signing with Buffalo...some announcement in about an hour.
 
2012-03-15 12:31:01 PM

fatalvenom: meanmutton: I love that you had to go back 50 years to find those pictures. How many riots have there been in LA since then? 20?


But when everyone calls people from Boston racists, they bring up the same old picture as well:

[upload.wikimedia.org image 400x320]

Everyone thinks that's ok to do.


LA is not very good at rioting and neighborhood destroying. That's why it takes them far more riots with a much lower effect.

Detroit obliterated itself with one riot. South Boston completely collapsed due to busing and only "recovered" because of WASP yuppies and hipsters gentrifying it.

/guess people will fight tooth and nail for nice weather
//note to civic leaders: if your climate sucks, you have to actually protect peoples' lives, property, and childrens' educations if you want your city to survive
 
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