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Dave in Green
Now this is a case of an ex-MAC football player getting into big, BIG trouble.

Sam Hurd arrested on federal drug charges
Dr Z
He makes Bam Morris look like an amateur.
Dave in Green
It's bad enough that Hurd allegedly wanted "up to 10 kilograms of cocaine and a half-ton of marijuana per week for distribution in the Chicago area."

But wait for the secondary hammers to fall on all the NFL players who were allegedly supplied by Hurd:

According to a report from 670 The Score (via CBS Chicago), "Hurd was a top drug dealer in Chicago and police have a list of NFL players who were supplied drugs by the receiver, a law enforcement source told the radio station. The list is 'in the double-digits,' according to the source."
MDZip
SI Story reports "The 26-year-old was in his first season with the Chicago Bears and had signed a three-year contract with the team worth $5.15 million". 26 years old, a five million dollar contract and still dealing. Wow, you wonder what gets into someone's head.

Dave in Green
Math lesson for the day:

Hurd was reportedly willing to pay $25k per kilo for 10 kilos of cocaine per week and $450 per pound for 1,000 pounds of marijuana per week.

That's $125k per week in cocaine and $450k per week in marijuana, or $575,000 per week.

Multiplied by 52 weeks, that's a grand total of $29,900,000 per year.

That's $30 million per year in drug dealing, or $90 million over the 3-year length of his $5.15 million NFL contract.
MDZip
QUOTE(Dave in Green @ Dec 15 2011, 06:05 PM) *
Math lesson for the day:

Hurd was reportedly willing to pay $25k per kilo for 10 kilos of cocaine per week and $450 per pound for 1,000 pounds of marijuana per week.

That's $125k per week in cocaine and $450k per week in marijuana, or $575,000 per week.

Multiplied by 52 weeks, that's a grand total of $29,900,000 per year.

That's $30 million per year in drug dealing, or $90 million over the 3-year length of his $5.15 million NFL contract.


Math lesson #2. $5M keeps you pretty darn happy and legal. $90M is a lot, $0 is little if you get caught. $5M >>>> $0. I'll bet he didn't do a cost/benefit - risk/reward analysis. Should have gotten an education at UA instead of NIU. smile.gif
Z.I.P.
I didn't read the stories about gang members in college athletics. But I might now -- and I sure hope coaches and ADs are paying close attention. Will be interesting to see where this story falls on the sports story spectrum campared to e.g., jerseys-for-tats and child molestation stories. Is it just me, or does it seem these things, when they occur, are much more likely to involve BB or FB players than any other sport? Especially the latter.
Dr Z
QUOTE(Dave in Green @ Dec 15 2011, 03:34 PM) *
...Chicago and police have a list of NFL players who were supplied drugs by the receiver, a law enforcement source told the radio station. The list is 'in the double-digits,' according to the source.
Wonder if a certain NY wide out is on that list? One more strike and I believe that is a year suspension for the former Luckeye.
Zipmeister
QUOTE(MDZip @ Dec 15 2011, 06:27 PM) *
QUOTE(Dave in Green @ Dec 15 2011, 06:05 PM) *
Math lesson for the day:

Hurd was reportedly willing to pay $25k per kilo for 10 kilos of cocaine per week and $450 per pound for 1,000 pounds of marijuana per week.

That's $125k per week in cocaine and $450k per week in marijuana, or $575,000 per week.

Multiplied by 52 weeks, that's a grand total of $29,900,000 per year.

That's $30 million per year in drug dealing, or $90 million over the 3-year length of his $5.15 million NFL contract.


Math lesson #2. $5M keeps you pretty darn happy and legal. $90M is a lot, $0 is little if you get caught. $5M >>>> $0. I'll bet he didn't do a cost/benefit - risk/reward analysis. Should have gotten an education at UA instead of NIU. smile.gif

$90 is his cost of dealing, not his benefit.
But to keep the math simple, let's say his retail price is double what he paid. Ignoring taxes, other operating costs, and the time value of money, if he estimated that there was a 50% chance he would get caught and a 50% chance he would not, dealing was a utility maximizing decision. $45M > $5M. This ignores the benefit of getting caught which eliminates the need for him to pay for his own housing, clothing, medical care and food for the next 5 to 15 years.
Obviously, the best solution depends on his dealing profit margin and the odds of being caught, but the former would have to be significantly below my example and the latter significantly higher for the optimal solution to change.
hugo42
Okay once he breaks up the coke and ganja it's prolly a lot closer to 37 million and plus he is most likely has people under him who help him move the product. But this was definitely his side job. He is definitly going to either be in jail for a long time r live in south Dakota
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