Here’s a list of some big men I’d consider busts in the last 10 or so years and how much they made:
Eddy Curry $70,027,141
Darko Milicic $46,936,562
Jerome James $44,755,150
Mark Blount $44,649,672
Mikki Moore $25,300,815
Greg Oden $23,295,444
Hasheem Thabeet $14,379,840
Robert Swift $11,473,684
Nikoloz Tskitishvili $8,907,528
Michael Sweetny $8,633,596
Patrick O’Bryant $7,398,120
Rafeal Araujo $6,716,880
Mouhamed Sene $6,316,560
Robert Swift is kind of right in the middle, so if he goes the NBA route again, 100% chance of getting $11,473,684. If he goes to college, he could get more, he could get less, or he could get nothing. I think the odds are pretty slim that he’d get nothing, rather he’d at least be walking away with about $6m.
If he goes to USC for one year, anything short of paralysis, I think he’d be a top 10 pick, maybe top 5. It’s not that he was injured in his first 2 years right? It was that he was just a project. Basically Sebastian Telfair went from being the 13th pick in 2004 to the 7th pick in 2006 (since that’s what he was traded for) without showing anything really in the NBA, and 7-footers have a lot more value in the NBA. I could see something similar happening with Swift.
Anyways to the math, to do it properly, I think you should take how much each 1st round pick was guaranteed to make in the 2005 draft. And also figure for 3 years, and the team option for the 4th. Then take the value times the probability and sum it all up. A lot of work. So I’m going to throw out some estimates, tell me if I’m terribly off here. If Swift played one year at USC, I think the projections would look something like this:
1st pick - $14m for 3 years, or $20m for 4 years, odds 2%
2-5 pick - $12m for 3 years, $15m for 4 years, odds 20%
6-10 pick - $8m for 3 years, $10m for 4 years, odds 40%
11-15 pick - $6m for 3 years, $8m for 4 years, odds 25%
16-20 pick - $5m for 3 years, $7m for 4 years, odds 10%
21-30 pick - $4m for 3 years, $6m for 4 years, odds 2%
Never Makes the NBA, $0, odds 1%
So it’s (14m * 2%) + (12m * 20%) + (8m * 40%), etc., etc. Do this for both 3 years and 4 years.
So based on these projections Swift would make:
$8m for 3 years, or $10.22m for 4 years. Based on how valuable big guys are, I would say there’s only a 25% chance of Swift playing 3 years. So continuing with the math (8m * 25%) + (10.22m * 75%) that would average out to a salary of $9.66m. Pretty close to what Swift made going straight to pro.
But that’s only the rookie contract. Swift might get another contract too (he did originally play for 5 years in the NBA). So let’s play with some more numbers:
30% chance he’s done after his rookie deal.
50% chance he plays for 1-2 more years and gets $5m
15% chance he plays for 3-4 more years and gets $10m
4% chance he plays for 5 or more years and gets $30m
1% chance he plays for 5 or more years and gets $50m
Do the math on that part, and that’s another $5.7m Swift would be projected to make.
So no college, Swift earns $11.47m
1 year of college, Swift's earning value is projected to be $15.54m based on my projections.
Go to college.