Big Blue Interactive The Corner Forum  
Back to the Corner
 

Archived Thread

How do players get paid, timewise?

Doomster : 3/12/2017 2:31 pm
As regarding. base salary, bonus signing, roster bonus, and workout bonus.......

As far as base salary, that is easy, you just divide the base salary by the number of months.....but when does the first month start? Not everyone signs their contract at the same time.....Say you are a FA, and sign your contract March 9, for a base salary of 2M....do you get paid 2M/10 months, or 200K per month(till the end of the season)? Or is it spread out over 12 months from the time you sign? Or does everyones's pay start on some sort of special day before OTA's start?

What about a longterm contact? Does the base salary get divided into 12 months?

Signing bonus? When does that get paid? I know the whole amount is up front, but does it get paid on the signing date of the contract? Or is it also spread out over that first year?

Roster bonus is usually stipulated by a specific date? Is that paid all at once on that date, or spread out over that year?

Workout bonus? When does that get paid?
Apparently not so easy  
robbieballs2003 : 3/12/2017 2:35 pm : link
Quote:
As far as base salary, that is easy, you just divide the base salary by the number of months.....


They get game checks not monthly checks.
17 checks  
Dan Duggan : 3/12/2017 3:48 pm : link
Players get paid each Wednesday during the regular season. So, if JPP plays on the tag, he'd get a $1 million (approx.) check each Wednesday during the season. Being on the roster at the end of the day on Tuesday is key for guys at the end of the roster because even if they get cut before the game, they get paid for the week.

The signing bonuses are paid up front. The roster/workout bonus pay dates are stipulated in the contracts. For instance, Vereen has a $500K roster bonus due tomorrow per Spotrac. On a related note that means if anything is going to happen to Vereen in terms on a release/restructure, it'll almost definitely happen today.
Hey Dan. Great to see you posting.  
Big Blue Blogger : 3/12/2017 4:05 pm : link
I hope you will stick around, and ignore the trolls.
At least you're looking to learn something for a change  
Mason : 3/12/2017 4:57 pm : link
rather than post your ridiculous declarations. It's a small step but it's a move in the right direction I guess.



But as mentioned players get game checks but can at their option take bi-monthly payments during the course of the regular season. Both are adjusted for fines that incurred.

They also get playoff checks.

Bonus checks are normally after season when an incentive is met like roster bonuses, games played and workout bonuses.

Players also receive checks for mandatory off-season activities.

Guaranteed money is money due up front which could include signing bonuses but could be amortize over the life of the contract. That amortization arrangement is between the player and team. Their amortized payments for the season and their base salary is what counts against the cap. If a player is cut, the remaining portion of their guarantee is considered immediately due and will count against the cap, any bonus money earned but not yet paid and any base salary earned but not paid based on the contract agreement (dead money).



thanks for posting that  
gidiefor : Mod : 3/12/2017 6:04 pm : link
Dan Duggan
RE: 17 checks  
Tuckrule : 3/13/2017 7:03 am : link
In comment 13390400 Dan Duggan said:
Quote:
Players get paid each Wednesday during the regular season. So, if JPP plays on the tag, he'd get a $1 million (approx.) check each Wednesday during the season. Being on the roster at the end of the day on Tuesday is key for guys at the end of the roster because even if they get cut before the game, they get paid for the week.

The signing bonuses are paid up front. The roster/workout bonus pay dates are stipulated in the contracts. For instance, Vereen has a $500K roster bonus due tomorrow per Spotrac. On a related note that means if anything is going to happen to Vereen in terms on a release/restructure, it'll almost definitely happen today.


Very interesting didn't know they get paid each wed during the season
Back to the Corner