- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Anyone care to shed some light on how athletes are paid/how their contracts work?
Posted on 6/14/18 at 4:07 pm
Posted on 6/14/18 at 4:07 pm
We all see basically the year/dollar amount in the news but I don't really know any of the details of how it all shakes down. Are they paid as salaried employees or contractors? Are there taxes based on where there team is located or on each place the game is played? What about players who play in the minors (MLB/NHL) for a time or go back and forth?
I'm just curious because I've never really thought about how it actually ends up coming to them. Any info anyone would want to share would be interesting and appreciated.
I'm just curious because I've never really thought about how it actually ends up coming to them. Any info anyone would want to share would be interesting and appreciated.
This post was edited on 6/14/18 at 4:07 pm
19
Posted on 6/14/18 at 4:07 pm to jlovel7
3.50
Posted on 6/14/18 at 4:08 pm to jlovel7
I believe they are paid each game
Posted on 6/14/18 at 4:08 pm to djangochained
quote:
3.50
Thanks for getting that one out of the way early.
Posted on 6/14/18 at 4:08 pm to jlovel7
Posted on 6/14/18 at 4:09 pm to jlovel7
quote:
Are they paid as salaried employees or contractors?
Salaried.
quote:
Are there taxes based on where there team is located or on each place the game is played?
Part on where located, part on where games played. Depends on how the salaries are structured. Bonus vs. salary. Basically, if you play a game in California, you pay California taxes on it.
Posted on 6/14/18 at 4:09 pm to jlovel7
Posted on 6/14/18 at 4:10 pm to jlovel7
NFL contracts are not worth the paper they are signed on
Posted on 6/14/18 at 4:10 pm to tduecen
"Pittsburgh Professional Athlete Fee"
Holy government overreach
Holy government overreach
Posted on 6/14/18 at 4:11 pm to jlovel7
Andrew McCutchen posted his game check a couple of seasons ago, you can kinda see how it is broken down.
Posted on 6/14/18 at 4:11 pm to jlovel7
You'll hear them talking about game checks in the NFL. Does that mean FA who get cut before the season don't get paid anything?
Posted on 6/14/18 at 4:12 pm to tduecen
Looks like you can see where they played games in that two week stretch based on the taxes from different cities/states.
Posted on 6/14/18 at 4:14 pm to jlovel7
quote:
Are there taxes based on where there team is located or on each place the game is played?
Yes
Posted on 6/14/18 at 4:16 pm to jlovel7
I know they get paid weekly during the season...i would think you divide their contract by games played to figure out weekly check.
Posted on 6/14/18 at 4:17 pm to GreatLakesTiger24
quote:no
Does that mean FA who get cut before the season don't get paid anything?
Posted on 6/14/18 at 4:18 pm to jlovel7
musicians are paid similarly (but slightly less $$$). if you play bass for tracey lawrence in Tennessee, Alabama and Louisiana, you pay tax in each state based on the pay received for the gigs in that state.
Posted on 6/14/18 at 4:21 pm to jlovel7
That has to suck for the person filing taxes in all those states
Posted on 6/14/18 at 4:23 pm to jlovel7
quote:
Anyone care to shed some light on how athletes are paid/how their contracts work?
It's really fricking complicated.
Posted on 6/14/18 at 4:41 pm to GreatLakesTiger24
quote:
You'll hear them talking about game checks in the NFL. Does that mean FA who get cut before the season don't get paid anything?
Depends on how their contract is structured. If there is guaranteed money in the contract, that's typically theirs whether they ever set foot on a practice field or not, as long as they meet the terms of their contract in good faith. So, the contract will almost always be written to protect the team so the player can't sign the contract and say 'frick you, I ain't showing up' and still get the guaranteed money, but it will also usually have language protecting the player saying that if the player is injured or can't perform for reasons out of their control (i.e. the team makes the choice to release them), they still get their guaranteed money. There will also usually be a chunk of the contract that's specifically for pay during preseason/camps/etc. that a FA will have so the team can pay them one rate for their time during camp and cut them within the terms of their contract without having to pay them the higher rate they'd generally command if they make the final squad.
The rest of their contract that isn't guaranteed money or preseason money is generally split up evenly and paid out weekly throughout the season or on a per-game basis, again, subject to how the contract says they'll be paid.
There also may be completion bonuses that only are paid if they meet the terms of the contract for reaching those. For instance, a running back may negotiate a bonus for meeting a certain yardage goal for the season or number of touchdowns, and if they hit that goal, they get the bonus.
Again, all of this is negotiated on a case-by-case basis between the player and the team within the confines of the league's rules, team rules, NFLPA collective bargaining agreements, etc.
There's a lot of moving parts and a lot of contractual shite that all blends together to end up with a player's compensation. The answer is a solid "It depends".
This post was edited on 6/14/18 at 5:06 pm
Posted on 6/14/18 at 4:47 pm to tduecen
That suddenly makes me VERY unsatisfied with my job/salary
Page 1 of 3
Back to top
Follow TigerDroppings for LSU Football News