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Thread: Bednar signs deal with Giants

  1. #1
    Senior Member MetEdDawg's Avatar
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    Bednar signs deal with Giants

    Deal comes in at $3.65 million, which is about $400,000 under slot but makes sense.

    Great job by Will. He deserves a big pay day after what he did. Good luck to him and I hope he can make his way through the ranks quickly.

  2. #2
    Senior Member basedog's Avatar
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    Wonder how much is guaranteed.

  3. #3
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    Quote Originally Posted by basedog View Post
    Wonder how much is guaranteed.
    I had always assumed that the signing bonus was just that....the amount you received for signing your contract. Sign your name, collect your bonus (less taxes, social security contribution, agent fees, etc.). Is that not correct?

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    Senior Member Todd4State's Avatar
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    Well earned! Glad to see another Diamond Dawg in the pros!

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    Our Pretentious Preacher preachermatt83's Avatar
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    Quote Originally Posted by State82 View Post
    I had always assumed that the signing bonus was just that....the amount you received for signing your contract. Sign your name, collect your bonus (less taxes, social security contribution, agent fees, etc.). Is that not correct?
    That’s my assumption as well
    Romans 5:8

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    Quote Originally Posted by preachermatt83 View Post
    That?s my assumption as well

    It?s 100% guaranteed once signed. Most teams split into 2 years so that the player gets taxed less. Some go a little longer. If Bednar took it all now he would get less than half of that number. #fairshare

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    Quote Originally Posted by Avelso View Post
    It?s 100% guaranteed once signed. Most teams split into 2 years so that the player gets taxed less. Some go a little longer. If Bednar took it all now he would get less than half of that number. #fairshare
    Yeah I could see portions of it being deferred for tax purposes but just always assumed they received the entire bonus even if they never played a game for whatever reason (for reasons out of their control). That's good.

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