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re: Ronnie Harrison disses Coach Saban
Posted on 4/10/19 at 12:43 pm to 3down10
Posted on 4/10/19 at 12:43 pm to 3down10
There is no right in this situation. Ronnie took the sure-thing, pay-me-now option versus the riskier wait and put in more work for a larger reward option. Neither of them should have referenced the other.
People just need to realize what he is taking home after taxes is not the life altering money that first round money would be. His signing bonus of roughly $800k turns into roughly $594k after Uncle Sam takes his cut. He's lucky; he signed in FL with no state income tax. He also gets a $473k salary; roughly $300k after taxes. Some states will take a piece when he plays games in their state. Nice money and if he doesn't go on spending sprees will last a while. He salary over the next 3 years $617k, $708K and $779k...if he doesn't get injured or cut...still some risk involved there. But allin around $2.5M AT IF he gets it all.
Now first round money...Minkah is the easy comparison (drafted 1st rnd #11)...$10M signing bonus, $480k salary...first year $7.7M AT compared to $944k AT. One of those you can live on with swag...and the other...not so much. The 4 year numbers $12M vs $2.5M after tax. Oh, and these number are very conservative...agents fees are going to come off the top of those. And Minkah's contract is fully guaranteed.
The bottom of the 2nd round got guaranteed money double what Ronnie received. Guaranteed $ for #32 $7.6M for #64 $1.9M
I'm glad Ronnie is living his dream; more power to him, few get to do so.
If you're interested in NFL contract info ... www.spotrac.com
People just need to realize what he is taking home after taxes is not the life altering money that first round money would be. His signing bonus of roughly $800k turns into roughly $594k after Uncle Sam takes his cut. He's lucky; he signed in FL with no state income tax. He also gets a $473k salary; roughly $300k after taxes. Some states will take a piece when he plays games in their state. Nice money and if he doesn't go on spending sprees will last a while. He salary over the next 3 years $617k, $708K and $779k...if he doesn't get injured or cut...still some risk involved there. But allin around $2.5M AT IF he gets it all.
Now first round money...Minkah is the easy comparison (drafted 1st rnd #11)...$10M signing bonus, $480k salary...first year $7.7M AT compared to $944k AT. One of those you can live on with swag...and the other...not so much. The 4 year numbers $12M vs $2.5M after tax. Oh, and these number are very conservative...agents fees are going to come off the top of those. And Minkah's contract is fully guaranteed.
The bottom of the 2nd round got guaranteed money double what Ronnie received. Guaranteed $ for #32 $7.6M for #64 $1.9M
I'm glad Ronnie is living his dream; more power to him, few get to do so.
If you're interested in NFL contract info ... www.spotrac.com
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