Taking Risk, Is It Worth The Gamble? Part 1


Risk Taking Stock Illustrations – 794 Risk Taking Stock Illustrations,  Vectors & Clipart - Dreamstime
No Risk No Rewards?

Some people love to gamble, they will spend their whole life savings on trying to hit it big, Others consider it a sin to even buy a lottery ticket. The two examples are the two extremes in life when it comes to risk taking or gambling.

But sometimes we gamble or TAKE RISK in things that have nothing to do directly with money. Some people take the risk to own a business while others prefer the security of working a steady job and getting paid.

I recall when I was young the RISK TAKERS like Robert Craig Knievel AKA “EVIL KNIEVEL” was an American stunt performer, and entertainer. Over the course of his career, he attempted more than 75 ramp-to-ramp motorcycle jumps. Knievel was inducted into the Motorcycle Hall of Fame in 1999. Wikipedia was a risk taker and sometimes he failed on live TV. The reason why it was so entertaining is because he truly put his life at risk.

There are levels or risk like when people invest money in the stocks like in retirement funds vs people who play stocks for a living.

Risk can be rewarding when they pay off but they can also be damaging even deadly when they don’t.

Miami Dolphins management in recent years have taken risk and in some cases they have paid off and in others they have not. But the risk they have taken have been low risk opportunities that could potentially have huge dividends.

Risk and Gamble are synanons as gambling is defined as to take risky action in the hope of a desired result.

So lets look at some recent Gambles the Dolphins have made and see if they paid off or will pay off and the ones that we can consider failures.

The way teams gamble is through player acquisitions be it by trade or in the draft as every player they acquire they are taking a risk and teams much like all of us have their preferences. Some teams are conservative while others swing for the fence sort of speak.

I personally believe in the saying no risk no reward so I do feel that Miami in their goal of building a contender need to take some risk and swing for the fence.

I decide to go back the last 10 years and list the biggest trade of the year and the first round picks of that particular year and I will let you decide if Miami won or loss in their moves.

2010

April 14, 2010: Miami traded their 2010 2nd round pick and 2011 2nd round pick to the Denver Broncos for WR Brandon Marshall

In the Draft that year Miami traded back from 12th with the Chargers (Who took RB Ryan Mathews) and in turn with the 28th pick they drafted DE Jared Odrick

There was a lot going on in 2010 so feel free to review that information (right here)

2011

March 4, 2011: Miami Re-signed guard Richie Incognito for three years

On Apr 28, 2011 Miami Drafted G/C Mike Pouncey Florida

For more information on the 2011 Miami Dolphins season click HERE

2012

Miami moved on from Tony Sparano and hired Green Bay Packers OC Joe Philbin as the next HC of the team.

On Apr 26, 2012 Miami Drafted QB Ryan Tannehill from Texas A&M

There were major changes and plenty of drama in 2012 to review it all click HERE

2013

Logo change

Miami signed top free agent WR Mike Wallace to a 5 year 60 million Dollar contract

On April 25th in the 2013 NFL draft the Dolphins traded their first- (No. 12 overall) and original second- (No. 42 overall) round selections to the Oakland Raiders in exchange for the Raiders’ first-round selection (No. 3 overall) and proceeded to draft DE Deion Jordan (Huge Gamble)

2013 was a huge Free Agent spending spree to get the full details click HERE

2014

Jeff Ireland was fired on January 7, 2014 and Dennis Hickey replaced Jeff as Miami’s GM

No significant free agent signings

On May 8th 2014 Miami drafted JaWuan James OT Tennessee

I think Miami made a mistake firing Jeff Ireland and should have instead fired Joe Philbin.  

For the complete 2014 season review click HERE

2015

After the team started 1-3, Joe Philbin was fired by the Dolphins and Dan Campbell the team’s tight ends coach served as the interim head coach for the remainder of the season.

 Ndamukong Suh signs with our Miami Dolphins  on March 8th 2015 for a deal that paid him approximately $114 million with $60 million in guaranteed money for 6 years.

On April 30th 2015 Miami drafted WR DeVante Parker from Louisville with their first round selection (#14)

To review the 2015 season click HERE

Look for Part 2 Next

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