By J.P. Wirig
A right-handed pitcher from my hometown earned a $1,860,000 signing bonus in the 2001 draft. That is a phenomenal amount of money for a young man to receive! Many of us would think that ought to be enough for just about anybody to live off of for the rest of his or her life.
I wasn’t so sure, and I quickly ran some calculations to see how long this bonus would really last. The answer may surprise you.