Instant millionaires are tempted to spend after name is called

 
By Jenni Carlson | Published: April 27, 2008    Comment on this article Leave a comment

Mark Clayton knows his new Mercedes goes beyond being a splurge.

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He made the high-dollar purchase earlier this year. Even though the former Oklahoma receiver wasn't ready to say how much it cost, it's safe to say he spent a serious chunk of his Baltimore Ravens paycheck on the car. Top-end Mercedes Benzes cost as much as half a million dollars.

"Mega-splurge,” he admitted.

Still, it wasn't an impulse buy. Clayton thought out the purchase first, doing the math and crunching the numbers.

"Is it worth taking this car for that much?” he asked himself.

The answer: "Heck, yeah.”

To buy or not to buy?

That's a question a new class of NFL players will soon be asking. On this weekend of the NFL Draft, dozens of young men are becoming instant millionaires. Deals must be negotiated, and contracts must be signed, of course, before bank accounts overflow. But for early round draft picks, a big payday is on the way.

When the commissioner steps to the podium and says their name, it's like they've been given a winning lottery ticket.

Felix Jones had his numbers called Saturday. Dallas drafted the Tulsa Washington High School product with the 22nd overall pick, and if the last few years are any indication, that'll be worth about $2 million a year.

Former Oklahoma standouts Curtis Lofton and Malcolm Kelly just missed out on massive millions. Both were drafted in the second round, Lofton 37th overall by Atlanta, Kelly 51st overall by Washington, and even though the riches aren't as grand for second-round picks, they can still be darn good.

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