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He deserves it all!
The Shop
No need for the JS fans to get all butt hurt at me. I said I hope he DID stash some away. I'm not wishing him any misfortune. In fact, I think he should enjoy his earnings. My point was that there is an overwhelming number of star athletes who go broke because of lavish spending once their career is over. Hopefully he is not one of them.
In today's world, with the bling bling, look at me culture, the concept of depreciating assets just flies right over most people's heads, kinda like it did to ole dirtydane there. Cars, plane, jewelry don't make squat for a retirement plan, especially when your career is in a sport that retires most of its athletes before they hit 30......
FWIW, I would imagine someone close to James, or James himself, has thought to plan for life after motocross financially, and that he should be OK.
As far as your Barrett Jackson comment, the cars that bring all the money there are #'s matching, all original restorations. One could argue that if you catch the market correctly, they could be an investment. As soon as you customize a classic car (like the ones pictured above), the value is significantly less than what it otherwise would be in all original condition. As the old expression goes, "Custom mods are like appetizers. You order them, you eat them and YOU pay for them".
I don't think there is anything offensive or wrong with MXD's line of thinking. I like JS7 a lot. He's drawn a lot of people to the sport and hope he is successful after he retires. I think that's all MXD is saying.
Pit Row
Makes me squint when I see a $200,000.00 "resto mod" or amazing correct restoration on a less than desirable car cross the block and bidding stops or it sells for $50-75,000.00 Ouch...lol. Happens all the time.
Of course there are some exceptions but generally speaking, it is far more cost effective to be the 2nd owner rather than the guy who built it.
I think the Muscle Car collection is mostly his dads. I also remember him buying his dad a red Ferrari for his birthday one year.
For the people commenting on his financial status.
I forget who did the interview, but when he was asked why he would take so much less money to leave JGR and go to Suzuki, he said " he has more money than he will ever need."
With all that said, I'm sure Big James and Sonya don't plan on working any time soon, so I would imagine they have his future mapped out just fine.
Aside from that, we are comparing apples to oranges. There is probably more of a demand for a motorcycle with performance parts that 95% of the people would buy anyway compared to a custom car that was designed after someones personal taste.
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