Allen signs 4-year contract with the Jaguars

[OPoraquê]

$481,000 per year.  (Sorry that I don't know how to post the link from my cell phone.)

[ricepig]

http://www.spotrac.com/nfl/jacksonville-jaguars/brandon-allen/

[OPoraquê]

Thanks, Ricepig.  Wow.  $2.4 million.  If the young man can stay healthy I've no doubt he'll earn every penny of it.

[supersaint]

Very happy for him.

[ricepig]

Thanks, Ricepig.  Wow.  $2.4 million.  If the young man can stay healthy I've no doubt he'll earn every penny of it.

Well, the only part guaranteed is the signing bonus, hopefully he makes a roster.

[nwahogfan1]

Good for BA.    Proud of him.  A pretty good starting salary for your first job.  LOL.   I think BA will do everything he has to do to prove himself. We will have to wait and see if that is good enough.  If not maybe he can stay on the roster for a number of years and get his life started well financially.

[alohawg]

Well, the only part guaranteed is the signing bonus, hopefully he makes a roster.

Yeah $31k, hope he does great.

[OPoraquê]

Looked like the signing bonus was $124 K.  Who would have thought he'd get that far at the end of the 2012 season?

[longpig]

Looked like the signing bonus was $124 K.  Who would have thought he'd get that far at the end of the 2012 season?

Way I understand it, what he'll get now is the total signing bonus (124k) divided by the contract term (4 years),  so 31k.

[10thPlanet]

Congrats Allen!!!

[ricepig]

Way I understand it, what he'll get now is the total signing bonus (124k) divided by the contract term (4 years),  so 31k.

Correct, they get the signing bonus up front.

[Biggus Piggus]

In 2016, Allen will earn a base salary of $450,000 and a signing bonus of $124,274.  The signing bonus is only prorated for salary cap purposes, not what he gets paid. He gets all of it up front.

[rzrbk4life]

Happy for BA. Hope he has a long successful career

[ricepig]

In 2016, Allen will earn a base salary of $450,000 and a signing bonus of $124,274.  The signing bonus is only prorated for salary cap purposes, not what he gets paid. He gets all of it up front.

He'll only make the $450,000 if he makes the roster.

[longpig]

In 2016, Allen will earn a base salary of $450,000 and a signing bonus of $124,274.  The signing bonus is only prorated for salary cap purposes, not what he gets paid. He gets all of it up front.

Ok, that sounds more like it.  A lot of free agents would be thumbing rides to rookie camp on 1/3 of 15k.

[hoglady]

Yeah $31k, hope he does great.

What they said above.
Why so snarky??

[alohawg]

What they said above.
Why so snarky??

Snarky, where the heck do you get that?

[Pigsknuckles]

What BA is getting is slightly above NFL minimum wage. https://www.spotrac.com/blog/nfl-minimum-salaries-for-2015-and-the-veteran-cap-benefit-rule/
Still some good change with the signing bonus.

[PharmacistHog]

Snarky, where the heck do you get that?

It read as snarky to me, as well. If it wasn't intended, it still appeared that way.

[ricepig]

What BA is getting is slightly above NFL minimum wage. https://www.spotrac.com/blog/nfl-minimum-salaries-for-2015-and-the-veteran-cap-benefit-rule/
Still some good change with the signing bonus.

$450,000 is the minimum in 2016.

[Pigsknuckles]

$450,000 is the minimum in 2016.

Yep, and including the signing bonus it comes out just above the listed minimums.

[Hawghiggs]

 If he can hang this year. Then he might be on his way to a solid career as a NFL back up.

[alohawg]

It read as snarky to me, as well. If it wasn't intended, it still appeared that way.

I was responding to this comment, meant nothing snarky by it at all.

Well, the only part guaranteed is the signing bonus, hopefully he makes a roster.

At the time I thought $31k was it unless he made the team thus the hope he does well part comment after citing the amount. I like Brandon and do hope he does well, been searching for any articles on him practically daily.
Just goes to show, like in speaking, it's not necessarily content sometimes, but how it's read. I can kinda see it, maybe if I'd added "only$31k", not sure.

[HamSammich]

People go out of their way to be offended now a days.

[Pig in the Pokey]

In 2016, Allen will earn a base salary of $450,000 and a signing bonus of $124,274.  The signing bonus is only prorated for salary cap purposes, not what he gets paid. He gets all of it up front.

so he'll clear at least 300k after taxes, or more b/c florida has no state income tax, even if he doesn't make the team. Pretty good graduation present!
And he is student loan free. These kids got it good.

[wupigsuey]

Good on him. I hope he does well. Dint Matt Jones start out a Jag? Been too long for my short memory.

[ricepig]

so he'll clear at least 300k after taxes, or more b/c florida has no state income tax, even if he doesn't make the team. Pretty good graduation present!
And he is student loan free. These kids got it good.

Nope, no salary if you don't make the team. You only receive your signing bonus.

[longpig]

Nope, no salary if you don't make the team. You only receive your signing bonus.

Way I understand it, players get 1/17th of their salary each week of a 17 week/16 game season.  So BA should get paid around 25k each week of the season that he's on a roster.  Does he get anything if he's not on a roster?

[Hogwild]

Way I understand it, players get 1/17th of their salary each week of a 17 week/16 game season.  So BA should get paid around 25k each week of the season that he's on a roster.  Does he get anything if he's not on a roster?

If he is cut, he keeps his signing bonus.  As a drafted player his 1st year salary is a guaranteed payment by the team.  If he is on roster he gets a weekly paycheck, if they cut him, the team has to pay his base salary to the NFL's union.  This applies only to drafted players who are cut in year one.

[longpig]

so he'll clear at least 300k after taxes, or more b/c florida has no state income tax, even if he doesn't make the team. Pretty good graduation present!
And he is student loan free. These kids got it good.

Yeh, no student loan payment but most these guys rack up a lot of debt on a credit line to make ends meet till they sign, if they get to sign. 

[ricepig]

If he is cut, he keeps his signing bonus.  As a drafted player his 1st year salary is a guaranteed payment by the team.  If he is on roster he gets a weekly paycheck, if they cut him, the team has to pay his base salary to the NFL's union.  This applies only to drafted players who are cut in year one.

I've never seen where a salary is guaranteed, especially the later rounds.

3rd to 7th round draftees, and Compensatory Selections

Later draftees are subject to a few different salary escalation rules. First off, their salaries tend to not escalate at the 25% rate, but rather at the Minimum Salary rate for their expected AS and League Year. They are also often tendered a Split Contract that pays different amounts depending on whether the player is on the Active/Inactive list, or on IR or the PUP list. As you might assume, they are paid less if they are not on the active roster. The final difference is that it is unlikely that a player will receive any guaranteed money beyond their signing bonus.

[hoglady]

Snarky, where the heck do you get that?

I apologize if it wasn't meant that way.
It just seemed to read that way, which didn't make sense to me thus the ??
You're right though if you had put "only" in there it wouldn't have read a different way.
The disadvantage of a message board and texting for that matter - the lack of inflection in words printed not spoken.

[Hogarusa]

This is quite the thread of folks trying to understand how the NFL contract works. 

Good luck to BA in working to unseat Henne for the backup role

[alohawg]

I apologize if it wasn't meant that way.
It just seemed to read that way, which didn't make sense to me thus the ??
You're right though if you had put "only" in there it wouldn't have read a different way.
The disadvantage of a message board and texting for that matter - the lack of inflection in words printed not spoken.

Yep, I had to read what I wrote a few times before I got that, no worries.

On Brandon, as a Cowboy fan it irks me to no end that Jerry seems to go out of his way to avoid drafting hogs. I would much rather have Brandon than Dak.

[longpig]

Yep, I had to read what I wrote a few times before I got that, no worries.

On Brandon, as a Cowboy fan it irks me to no end that Jerry seems to go out of his way to avoid drafting hogs. I would much rather have Brandon than Dak.

Jerry seems content with his yes man head coach and random draft picks.

[26.2Hog]

so he'll clear at least 300k after taxes, or more b/c florida has no state income tax, even if he doesn't make the team. Pretty good graduation present!
And he is student loan free. These kids got it good.

Actually, professional athletes have to pay state income tax based on the amount of salary they were paid while playing a game, i.e. "working" in the state where the game is played. This is commonly called the "jock tax", and also holds true for cities that have incomes taxes.

It can be a nightmare to have to file an income tax return for every state/city in which they played any games.   Politicians just love to take what people have rightfully earned. Here is an interesting article about it:

http://www.usatoday.com/story/sports/2015/04/13/tax-day-april-15-accountant-pro-athletes/25742385/

[Dr. Starcs]

How did Jerry's last razorback pick work out for him?

[Beaverfever]

I don't get the point if basically none of it's guaranteed.  Why don't they wait and do this when the player makes the roster.

[alohawg]

How did Jerry's last razorback pick work out for him?

Ok, well I personally think they misused Felix. Once he bulked up he was never the same. Irrc, he averaged an insane ypc as a rookie. Regardless, even if you think it was a bad pick, how does that mean he should forevermore avoid future hogs?

[Hogwild]

I've never seen where a salary is guaranteed, especially the later rounds.

3rd to 7th round draftees, and Compensatory Selections

Later draftees are subject to a few different salary escalation rules. First off, their salaries tend to not escalate at the 25% rate, but rather at the Minimum Salary rate for their expected AS and League Year. They are also often tendered a Split Contract that pays different amounts depending on whether the player is on the Active/Inactive list, or on IR or the PUP list. As you might assume, they are paid less if they are not on the active roster. The final difference is that it is unlikely that a player will receive any guaranteed money beyond their signing bonus.

All drafted players contracts in year 1 will be paid out by the team.  If the team cuts the player, the union collects his salary.  A few years ago the NFL was sued because two teams, Eagles & Cardinals, traded the players that the both took in the 6th round.  Both teams then cut the players before the start of the season.  The two teams claimed that since they didn't cut the player they drafted, they traded him, they didn't owe the union any money.  The union filed suit.

[ricepig]

All drafted players contracts in year 1 will be paid out by the team.  If the team cuts the player, the union collects his salary.  A few years ago the NFL was sued because two teams, Eagles & Cardinals, traded the players that the both took in the 6th round.  Both teams then cut the players before the start of the season.  The two teams claimed that since they didn't cut the player they drafted, they traded him, they didn't owe the union any money.  The union filed suit.

Do you have a link for this? I can't find anything that confirms this, I'm just curious, that's all.

[ricepig]

I don't get the point if basically none of it's guaranteed.  Why don't they wait and do this when the player makes the roster.

In the last CBA it basically slotted the draft picks salaries, and their signing bonuses.

[MuskogeeHogFan]

Actually, professional athletes have to pay state income tax based on the amount of salary they were paid while playing a game, i.e. "working" in the state where the game is played. This is commonly called the "jock tax", and also holds true for cities that have incomes taxes.

It can be a nightmare to have to file an income tax return for every state/city in which they played any games.   Politicians just love to take what people have rightfully earned. Here is an interesting article about it:

http://www.usatoday.com/story/sports/2015/04/13/tax-day-april-15-accountant-pro-athletes/25742385/

Well that isn't the right thing to do. I made sales in the State of California, Arizona, Colorado and Nevada during one period of time and my employer was in the State of Oregon, but I only paid tax in the state of my residence, Oklahoma, and of course Federal Tax. If they make professional athletes pay state taxes in every state in which they play, that is just wrong. Should be the state of their primary residence while working for an organization which for most professional athletes, will be the state in which their current team is located and they conduct practices.

[Hogwild]

I will try and find it, I remember reading it a few years back in the barbershop.  One of the players involved was the LSU running back who some poster has in their avatar.  The one showing him being tackled inbounds, it would help if I could figure out his name.

[Hawgzinbowlz]

If BA can stay hooked with some NFL team he has the physical and mental attributes to improve.

Class act and continually working to get better.

" GO HOGS "

[DeltaBoy]

Good for BA.

[longpig]

Actually, professional athletes have to pay state income tax based on the amount of salary they were paid while playing a game, i.e. "working" in the state where the game is played. This is commonly called the "jock tax", and also holds true for cities that have incomes taxes.

It can be a nightmare to have to file an income tax return for every state/city in which they played any games.   Politicians just love to take what people have rightfully earned. Here is an interesting article about it:

http://www.usatoday.com/story/sports/2015/04/13/tax-day-april-15-accountant-pro-athletes/25742385/

Wow,  the 8 cities listed that have the jock tax are in 4 states, Michigan, Pennsylvania, Ohio and Missouri.  Only 22 states do it, with Illinois only taxing athletes on teams in states that have the tax.  hilarious
 

[MuskogeeHog]

What they said above.
Why so snarky??

Why so serious?  Get better!

[Hogwild]

Do you have a link for this? I can't find anything that confirms this, I'm just curious, that's all.

It is funded at 85% not 100%

WASHINGTON -- The NFL Players Association is looking into whether trades made by four teams this week are attempts to avoid paying money into a rookie pool, a person familiar with the situation told The Associated Press on Wednesday.

The person, speaking on condition of anonymity because the union hasn't made the probes public, said the NFLPA is reviewing trades made by the Washington Redskins, St. Louis Rams, Philadelphia Eagles and Arizona Cardinals.

In an odd pair of trades Monday, the Redskins sent sixth-round draft pick Dennis Morris to the Rams for a conditional, undisclosed draft pick, and St. Louis sent fifth-round selection Hall Davis to Washington, also for a conditional, undisclosed pick.

Redskins coach Mike Shanahan said at the time that Morris was traded because he wasn't going to make the 53-man roster. Then, once Davis arrived in Washington, the Redskins cut him after only one practice.

Also on Monday, the Eagles traded Charles Scott to the Cardinals for Jorrick Calvin. Both players were taken in the sixth round of this year's draft. That trade appeared to be more practical because Scott is a fullback, a position of need for Arizona because Nehemiah Broughton was lost for the season last week with a knee injury.

The trades have the union's attention because, under collective-bargaining rules, if a rookie is cut by the team that drafted him, that team is required to pay 85 percent of that player's salary into a rookie pool. The money from that pool will be distributed to rookies early next year based on the number of downs played in the 2010 season.

The way the rule is written, teams could circumvent the rookie-pool payment by trading a drafted player they were going to cut to another team -- and have that team cut the player.

http://www.nfl.com/news/story/09000d5d81a2f81e/printable/report-nflpa-examining-recent-trades-involving-rookies

[ricepig]

It is funded at 85% not 100%
http://www.nfl.com/news/story/09000d5d81a2f81e/printable/report-nflpa-examining-recent-trades-involving-rookies

Hmm...ok, I knew I didn't read anything about every drafted player's first year salary being guaranteed in the CBA of 2011. I didn't peruse every little section, I only skimmed over the rookie contracts sections.

https://nfllabor.files.wordpress.com/2010/01/collective-bargaining-agreement-2011-2020.pdf