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“Sticker Shock”: 49ers Rookie Warns About Bay Area Housing Costs-NFL Nation – NFL Sports

Santa Clara, CA –The next day Trey lance Nominated 3rd overall in the 2021 NFL Draft San Francisco 49ersA facility for the first face-to-face meeting with coach Kyle Shanahan.

Shanahan had about 15 minutes to talk to Reims and his family. Reims and his family were about to begin the process of finding a place to live. Given the importance of the quarterback-coach relationship, discussions about X and O or other football-related topics would have been a comprehensible topic of conversation.

Instead, Shanahan issued a warning.

“We were hanging out and they were going to look for a house etc. I told him,” Don’t be too depressed. Everyone is very upset in the first few days, so you I realized I needed to change something, “I was looking for,” said Shanahan, a home price in the Bay Area. “And they’re like’No, everyone told us.’I said,” No, everyone told me, you’ll see, that’s true. “

For all NFL rookie, we need to make adjustments beyond football. There is an off-field element to launching yourself for the first time as an adult.

For 49ers newcomers, there’s more to consider as they arrive at one of the NFL’s most unique and expensive markets.

San Francisco has long been one of the most expensive places to live in the United States, but few actually stay in San Francisco. The team’s Santa Clara headquarters is about 45 miles from the city, and even in the absence of traffic (luckily), it takes about 50 minutes to commute one way. Unfortunately, it doesn’t get cheaper the closer you get to Levi’s Stadium.

According to Monica Thomas, an agent at Compass Realty, who works closely with the 49ers, the average selling price of a single-family home in Santa Clara County is $ 1.96 million, buying about 1,800 square feet of home. Rent a 900 to 1,200 sq ft two-bedroom apartment on average $ 2,500 to $ 4,000 per month, depending on equipment and location.

Thomas often advises players to know their surroundings and what they are looking for before making a decision.

“Sure, it can take a day or two to get out on the pavement, see the different variations of what’s there, feel really comfortable, adjust, and get used to the impact of the stickers. “.” Said Thomas.

For reference, the NFL’s smallest market, Green Bay, Wisconsin, has an average single-family home for $ 230,000, which means you’re buying a 1,909-square-foot home. According to Coldwell Banker agent Tiffany Holtz, rent for a 900-1,000-square-foot two-bedroom apartment ranges from $ 800 to $ 1,200 per month.

In Reims’ hometown of Marshall, Minnesota, single-family homes sell for an average of $ 198,685 and average about 2,100 square feet (including completed underground space). According to Marshall’s Keller Williams Realty’s Jana Riley, a two-bedroom apartment is about 600-800 square feet and averages $ 700 a month.

Given those numbers, why are rookies such as cornerbacks in the third round? Ambrey Thomas Just talking about the Bay Area’s living expenses is breathtaking.

“When you get a call [I was drafted] I was happy and excited and then thought about everything. Like “California, taxes, taxes”, I started thinking about all of them and living expenses, “said in Detroit before playing in Michigan. Growing up Thomas said .. “Hey, it’s a little expensive, it’s very expensive.” But honestly, I’m grateful for this opportunity. Skip your living expenses right now. I feel that my play takes care of my pocket. “

To that end, the 49ers strive for players to take care of their pockets before their play goes into conversation.

Much of that responsibility rests with the 49ers Player Engagement Director Austin Moss II. His job is “engagement, education and empowerment” to “maximize the potential of the players on and off the field”. Much of that job is to help players get in and out of the NFL.

The work begins during the draft process. Moss will know which players are targeted and will be able to start planning to assist in coordination. As soon as a player is drafted, Moss introduces himself and tells him that he is the go-to person for the help needed to move into the league.

When the newcomers arrive in Santa Clara, the real work begins. Moss, along with player engagement coordinator Shelby Saltau, offers a structured curriculum that is essentially the equivalent of a rookie school.

The group meets for about four weeks, one hour each day from Monday to Thursday.

The first week will cover how to become a professional, discussing culture, expectations, daily routines, and maximizing available resources. Week 2 focuses on finance and offers lessons on budgeting, credit building, and costs. Week 3 is called “road blocking” and talks about stress management, decision making, relationships, life skills, and leadership. The last week will cover non-gaming successes. Support the community, build a platform and prepare for what comes after football.

Well-known Silicon Valley companies such as Apple, Tesla, and Google also discuss learning opportunities that allow players to tour, meet executives, and pursue off-season job shadows and internships. I am.

In these conversations, there are many guest appearances from other players on how to handle housing and the like.Tight end George KittleIs a former fifth-round nominee who lived in an apartment with his wife and two teammates during the rookie season and is willing to share his experience at all times.

“One of the really great things about playing football in Santa Clara is that football is always a top priority,” Kittle said. “You need to be out of the way to find out what to do and how to get into trouble. I think it’s a great place to focus on football every day. So for newcomers I’ve spent my life trying to reach this level. Just because I have a few dollars in my pocket doesn’t mean I’m going to change what I’ve been doing.

Rental and roommates are common to most Nainers newcomers. In fact, Moss recommends that rookies in the second and lower rounds not buy a home until they have proven themselves in the field.

Forty-niners pay for housing through training camps, and once a roster and practice team are set up, players have a choice of corporate housing, hotels, apartments, and more. Besides roommates, there are many ways to save money. One way is to sign a shorter lease.

Most buildings charge a surcharge for shorter or monthly leases, but the Niners have a relationship that helps make such a deal a little easier. The front end can be expensive, but you can save that money by moving to and training in a cost-effective location during the off-season.

Most young players tend to choose condos and townhouses that are close to the team’s training facilities. This helps you keep up with your team’s activities, but offers the additional bonus of easy access to the food and weights your team offers.

It’s not always easy. Monica Thomas took one player to 20 rental properties in three days. Most players will look at 5 or 6 locations and find that they have to adjust their standards. This is because it is not always possible to achieve it in a particular price range.

“It’s important that they settle down and get used to the area. Santa Clara County has a lot of small pockets, so it’s a good idea to rent for the first year and get used to the area for a year before buying a house. “Unless they really want to do it,” said Thomas. “But we have a complete picture of what they’re trying to do, especially for their age group. I just want to make sure that every investment is important. “

The minimum base salary of $ 660,000 for newcomers in 2021 remains high for the average citizen. However, California’s 13.3% state income tax rate remains the highest in the country. Players are only paid for regular season game checks based on where the match takes place, but the Nainers are guaranteed to pay at least nine checks each season at California rates.

Therefore, Reims will soon sign a full-guaranteed four-year $ 34.1 million contract with a $ 22.1 million signing bonus, but will eventually bring back nearly $ 18.7 million, Spotrack said. .. That’s enough to build a big and comfortable home, but it helps explain why Reims was inclined to rent at least for the first season and was grateful for the coach’s warning.

“I knew it was crazy, but it definitely helped a little attention,” Lance said.

– NFL Sports

“Sticker Shock”: 49ers Rookie Warns About Bay Area Housing Costs-NFL Nation

https://www.espn.com/blog/nflnation/post/_/id/316417/sticker-shock-49ers-rookies-warned-about-bay-area-housing-cost “Sticker Shock”: 49ers Rookie Warns About Bay Area Housing Costs-NFL Nation

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