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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.
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Wonder how much is guaranteed.
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Originally Posted by
basedog
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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Well earned! Glad to see another Diamond Dawg in the pros!
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Originally Posted by
State82
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
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Member
Originally Posted by
preachermatt83
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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Originally Posted by
Avelso
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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