Back to the discussion about HS player decision re: college or minors. I have a friend whose HS senior position player kid has been admitted to an elite university as a baseball recruit (no sports scholarships at this school), but he is also in discussions with several MLB teams and could be drafted high enough this June to warrant a seven figure signing bonus. The family has plenty of cash, so paying for school is not a consideration. The possibility, though, of a significant signing bonus has intrigued the dad. He proposed to use it to buy a life insurance product for the player that would build up cash value over time and provide enough for the player to live off of in the event that he never gets a lucrative MLB contract.
The university spot would be gone if he heads to the minors and kills his NCAA eligibility, and I strongly suspect that his college prospects would not be nearly as good if he decides to go to college after an unsuccessful attempt to make it in the minors.
I suspect that the kid would rather play pro ball at this point.
Tough choice with significantly divergent possible outcomes.