IGGLEPHANS  

Go Back   IGGLEPHANS > Igglephans Main Board

Reply
Thread Tools Display Modes
Unread 03-12-2018, 05:50 PM   #1
JuTMSY4
 
JuTMSY4's Avatar
 
Join Date: Mar 2008
Location: Right side of the Delaware
Posts:
JuTMSY4 is on a distinguished road
Default West Virgina Water-Carrier Pens article extolling virtues of Agents

http://profootballtalk.nbcsports.com...agents-period/

Quote:
3. State income taxes.

Letís assume the Lions (who were very interested in Sherman) would have given Sherman the same deal the 49ers did, with a base package of $7 million for 2018, $2 million in per-game roster bonuses, $1 million in playing-time incentives, and a $3 million incentive tied to making it to the Pro Bowl (which actually could be the All-Pro team). Michigan has a tax rate of 4.25 percent. If Sherman had unlocked all incentives, he would have paid $552,500 in Michigan taxes. In California, where the tax rate for the highest earners is 13.3 percent, heíll pay $1.729 million.

Thatís a difference of $1.117 million. A good agent would have pointed that out to Sherman. Itís unknown whether anyone did. Itís unlikely that the 49ers did.
NBC pays this hack to write this stuff?
JuTMSY4 is online now   Reply With Quote
Unread 03-12-2018, 07:20 PM   #2
common wealth
 
common wealth's Avatar
 
Join Date: Mar 2008
Location: Bedford Va
Posts:
common wealth is on a distinguished road
Default

I mean if Sherman doesn't play great very little is guaranteed, if he plays great and hits the incentives he is locked in at below market value. Hack or not, the point that Sherman would have been much better off with an agent is probably valid.
common wealth is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:08 PM.


Post Contents are owned by the posters. Use the "Contact Us" link to contact us for administrative issues. Original Artwork and other content copyright 2000-2007 by Raptor (mostly) and/or IGGLEPHANS