Jim Plunkett, the No 1 pick in the 1971 draft, had a slow start in his NFL career, but went on to win two Super Bowls.
Jim Plunkett, the No 1 pick in the 1971 draft, had a slow start in his NFL career, but went on to win two Super Bowls.
Jim Plunkett, the No 1 pick in the 1971 draft, had a slow start in his NFL career, but went on to win two Super Bowls.
Jim Plunkett, the No 1 pick in the 1971 draft, had a slow start in his NFL career, but went on to win two Super Bowls.

NFL draft: A boom or bust affair


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The NFL draft is like an oasis in the desert for American football fans. After the Super Bowl we spend months dissecting the star college players that our team may select. It is the one day all teams are even. It is the day you pray your team does not select a player who turns out to be a bust. In 1998, the San Diego Chargers took Ryan Leaf, the quarterback, with the second overall selection. Leaf was signed to a multi-million dollar contract and proceeded to play absolutely awful during his two short seasons as a Charger. Leaf has become the poster boy for the NFL draft bust. By the way, the player drafted ahead of Leaf in 1998 was Peyton Manning.

With the 2010 draft upon us, we should define what makes an NFL draft bust. Here are the top three criteria: * You must be taken in the first round. First-round picks get most of the media attention and get paid the most. If you are taken in Round 2 and beyond, you can be a disappointment if your NFL career does not work out, but that is not bust-worthy. For example, Tim Tebow, the Florida quarterback is expected to be drafted in Round 2. If he somehow gets selected in Round 1, he will be judged on a different level as a professional.

* You cannot fail with one team and then go on to succeed with another. The New England Patriots drafted Jim Plunkett, the Stanford quarterback, No 1 overall in the 1971 draft. Plunkett flamed out after five sub-par years in New England, but became a very good player with the Oakland Raiders later in his career, even winning two Super Bowls. He was on his way to being a huge bust, but he worked his way out of it.

* You must miss many games because of injury. I feel bad when players get injured, but as fans we still declare them a bust. My Chicago Bears drafted Curtis Enis, a running back, No 5 overall in 1998 and he was out of football because of an injury just two years later. After this weekend, the sports media will jump on the winners and losers of the 2010 NFL draft. Even though none of the draftees have taken a snap, some will grade which teams got it right and which teams messed it up. Better slow down, folks, because we will not know the answer to that for quite a while - and I don't mean a few games into this coming season, I mean a few years into this decade.

The NFL draft must be given time to see how it develops. Look at the 2007 draft for instance. The first pick was Jamarcus Russell, the quarterback, which seemed like a good choice then. Now you have to think the Raiders wish they went with running back Adrian Peterson or defensive back Darrelle Revis. Eli Manning was flirting with being a draft bust after being picked first overall in 2004, now he is a Super Bowl MVP winner after a stunning upset of the perfect Patriots. History makes it very clear; a rush to judgement right after the NFL draft will not render an accurate ruling. Just like playing quarterback, it is all about patience in the pocket. sports@thenational.ae

St Louis Rams Sam Bradford, quarterback, Oklahoma. Missed most of last year with a shoulder injury, but showcased his passing skills enough as a junior. Detroit Lions Ndamukong Suh, defensive tackle, Nebraska. May be the most dominant defensive lineman in a generation. Tampa Bay Buccaneers Gerald McCoy, defensive tackle, Oklahoma. More speed than Suh, but not as powerful. Washington Redskins Eric Berry, defensive back, Tennessee. The complete package - the speed to cover and the size to tackle. Kansas City Chiefs Russell Okung, offensive tackle, Oklahoma State. Needed protection for QB Matt Cassell.

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New Zealand 57-0 South Africa

Tries: Rieko Ioane, Nehe Milner-Skudder (2), Scott Barrett, Brodie Retallick, Ofa Tu'ungfasi, Lima Sopoaga, Codie Taylor. Conversions: Beauden Barrett (7). Penalty: Beauden Barrett

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

A Prayer Before Dawn

Director: Jean-Stephane Sauvaire

Starring: Joe Cole, Somluck Kamsing, Panya Yimmumphai

Three stars

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

MATCH INFO

Austria 2
Hinteregger (53'), Schopf (69')

Germany 1
Ozil (11')

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Warlight,
Michael Ondaatje, Knopf