devilwoman Posted February 20, 2008 Share Posted February 20, 2008 Just wondering...does the NFL pay their players per game, do they get a lump sum...signing bonus...how do they get paid? Quote Link to comment Share on other sites More sharing options...
Big John Posted February 20, 2008 Share Posted February 20, 2008 Players get thr porportioned part of their salary after each game. Plus a small amount of extra pay while in training camp. For signing bonuses, it is generally written in the contract how it will be distributed, but it is usually a lump-sum payment. Quote Link to comment Share on other sites More sharing options...
devilwoman Posted February 20, 2008 Author Share Posted February 20, 2008 Ah Big John...I knew I could count on you. Thanks!! Quote Link to comment Share on other sites More sharing options...
Pancake Posted February 20, 2008 Share Posted February 20, 2008 Players get thr porportioned part of their salary after each game. Plus a small amount of extra pay while in training camp. For signing bonuses, it is generally written in the contract how it will be distributed, but it is usually a lump-sum payment. ..and is reported on a Form W-2 as they are employees of the NFL....... Quote Link to comment Share on other sites More sharing options...
SheikYerbuti Posted February 20, 2008 Share Posted February 20, 2008 Straight cash, homey. . . Quote Link to comment Share on other sites More sharing options...
Pope Flick Posted February 20, 2008 Share Posted February 20, 2008 I read a while back that Al Davis preferred to hand out paychecks PERSONALLY, to each player after every game. You know, to remind them of who they worked for. Any Raider homers able to verify this? I'm going to assume that no longer happens due to his age, but it wouldn't surprise me. Quote Link to comment Share on other sites More sharing options...
Bill Swerski Posted February 20, 2008 Share Posted February 20, 2008 Straight cash, homey. . . I was just about to type that. Quote Link to comment Share on other sites More sharing options...
DemonKnight Posted February 21, 2008 Share Posted February 21, 2008 Players get thr porportioned part of their salary after each game. Plus a small amount of extra pay while in training camp. For signing bonuses, it is generally written in the contract how it will be distributed, but it is usually a lump-sum payment. I wonder if they get taxed at 30% for bonuses like I do. Quote Link to comment Share on other sites More sharing options...
Kansas State 2000 Posted February 21, 2008 Share Posted February 21, 2008 Depends ... Wilt Chamberlein was paid in Puzzly. Quote Link to comment Share on other sites More sharing options...
Big John Posted February 21, 2008 Share Posted February 21, 2008 I wonder if they get taxed at 30% for bonuses like I do. All of it is taxed as income. And their salaries would put it in the top tax bracket. Quote Link to comment Share on other sites More sharing options...
geeteebee Posted February 21, 2008 Share Posted February 21, 2008 I wonder if they get taxed at 30% for bonuses like I do. Bonuses are withheld at 25% unless they are for more than $1M. Any amount over $1M must have 35% withheld. Quote Link to comment Share on other sites More sharing options...
DemonKnight Posted February 21, 2008 Share Posted February 21, 2008 Bonuses are withheld at 25% unless they are for more than $1M. Any amount over $1M must have 35% withheld. Is that tax law or specific to the NFL? If it's the former me and my boss need to talk. Quote Link to comment Share on other sites More sharing options...
geeteebee Posted February 21, 2008 Share Posted February 21, 2008 Is that tax law or specific to the NFL? If it's the former me and my boss need to talk. That's tax law as shown here. Page 13-14 shows that your employer cannot arbitrarily withold 30%. They must withold 25% or do a calculation that would most likely come up with a number less than 25%, unless you request a higher % witheld. I think the $1M part is new this year so if your bonus was $1M or more in year's past maybe your company was correct by only witholding 30%. Quote Link to comment Share on other sites More sharing options...
Missoula Griz Posted February 21, 2008 Share Posted February 21, 2008 I have done a few residential loans for former NFL players. W2 income. Quote Link to comment Share on other sites More sharing options...
chester Posted February 21, 2008 Share Posted February 21, 2008 I can't imagine what it would be like to receive a check in my name with six or seven zeros on it. (eight or nine if you count the cents) Quote Link to comment Share on other sites More sharing options...
theprofessor Posted February 22, 2008 Share Posted February 22, 2008 I wonder if they get taxed at 30% for bonuses like I do. My bonuses are taxed @ 38% Quote Link to comment Share on other sites More sharing options...
muck Posted February 22, 2008 Share Posted February 22, 2008 I can't imagine what it would be like to receive a check in my name with six or seven zeros on it. (eight or nine if you count the cents) Most won't have zeros ... they'll have other numbers. So, if a guy's base is $4.9 million, his game check is $309,375.00...as far as I can tell, that's only two consecutive zeroes and they're on the 'wrong' side of the decimal. Quote Link to comment Share on other sites More sharing options...
pig devilz Posted February 23, 2008 Share Posted February 23, 2008 I can't imagine what it would be like to receive a check in my name with six or seven zeros on it. (eight or nine if you count the cents) Pay To The Order Of chester...$000,000.00 Dollars you could work for me anytime! Quote Link to comment Share on other sites More sharing options...
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