5 Year $82.5 Million with $40 Guaranteed for Jackson

[redseat]

OVER PAY imo

J.C. Jackson was goooood..... But NOT that goood

 

[redseat]

Source: Jackson to Chargers for 5 years, $82.5M

 

[NWPATSFAN]

Good luck to him. Another Pat getting rich off of a BB scheme? We shall see?

Too much money for a non shut down type.

BB will go find another quality DB in the late rounds or an UDFA

 

[redseat]

Good luck to him. Another Pat getting rich off of a BB scheme? We shall see?

Too much money for a non shut down type.

BB will go find another quality DB in the late rounds or an UDFA

Yeah holy over pay imo. He was the beneficiary of terrible passes and deflections imho. Was he good.. Yes, was he "great" NO

 

[nefansince75]

Jackson said he wanted to be the highest paid CB. Now the Chargers think they got a discount.... Sheesh.

 

[Southieinnc]

He was very good! Probably the best #2 CB in football.....

Probably worth that in today's market. We have our own market standards......

 

[BigKen]

Wait til he sees the check. California will take a much bigger chunk than any other state he might have played.

 

[Southieinnc]

Wait til he sees the check. California will take a much bigger chunk than any other state he might have played.

Do the Jets and Giants have to pay New Jersey taxes?

 

[BigKen]

Do the Jets and Giants have to pay New Jersey taxes?

You pay where you play.

 

[YankeeRebel]

You pay where you play.

So based on what we saw last year they do not pay taxes

 

[molsaniceman]

So based on what we saw last year they do not pay taxes

they actually pay taxes in every state they play in

 

[Southieinnc]

You pay where you play.

As someone who just paid taxes to 2 states last year and 3 the year before, I disagree. It is complicated!

You must file where you live.
You must file non-resident where you work.
If you resident state charges you taxes, you use that as a credit for where you worked taxes.

If the taxes where you work are higher, you must pay the difference.
Even this is oversimplified.....

 

[YankeeRebel]

they actually pay taxes in every state they play in

So again neither of those two teams paid taxes

 

[sharkymcwrath]

Wait til he sees the check. California will take a much bigger chunk than any other state he might have played.

I can vouch for this.

 

[redseat]

As someone who just paid taxes to 2 states last year and 3 the year before, I disagree. It is complicated!

You must file where you live.
You must file non-resident where you work.
If you resident state charges you taxes, you use that as a credit for where you worked taxes.

If the taxes where you work are higher, you must pay the difference.
Even this is oversimplified.....

 

[molsaniceman]

So again neither of those two teams paid taxes

well theres this fella uncle sam and no one escapes his bill


Taking these obligations into account, Robert Raiola, director of the sports and entertainment group at PKF O'Connor Davies, told FOX Business that Brady will owe about $19.5 million in federal income taxes on his $50 million guaranteed contract, as well as $986,000 in payroll and jock taxes.

 

[Yankee Traveler]

As someone who just paid taxes to 2 states last year and 3 the year before, I disagree. It is complicated!

You must file where you live.
You must file non-resident where you work.
If you resident state charges you taxes, you use that as a credit for where you worked taxes.

If the taxes where you work are higher, you must pay the difference.
Even this is oversimplified.....

Their play is their work...

So they must file for every state they "work" in and therefore, earn money in.

 

[Southieinnc]

Their play is their work...

So they must file for every state they "work" in and therefore, earn money in.

They must file in the state they live in 1st. They then file in the states they worked in, taking a credit for what they paid in their state of residence.
They must pay the state taxes which are higher. If you live in NJ, you would pay the highest. If you live in Florida and play in NJ, it is like getting a pay cut!

 

[Yankee Traveler]

They must file in the state they live in 1st. They then file in the states they worked in, taking a credit for what they paid in their state of residence.
They must pay the state taxes which are higher. If you live in NJ, you would pay the highest. If you live in Florida and play in NJ, it is like getting a pay cut!

Times 8 states...or whatever...then there is playoffs.

 

[Southieinnc]

Times 8 states...or whatever...then there is playoffs.

By law, no double dipping on taxes. His total cannot exceed the taxes in the more expensive state for game played.
If player lives and works in Florida, he would get at least 8 games state tax free.
Same for Texas teams , Tennessee Titans, Florida teams, Seahawks, Raiders. Eight teams get a discount!

Patriots could live in New Hampshire and not pay taxes there. They would have to pay taxes to Massachusetts Because Mass taxes are higher than zero taxes for NH. Get it?

Gets even more complicated for the London games!