|
|||||||
Tip of the salary cap to New Orleans Saints GM Mickey Loomis; Drew Brees unlikely to help out
this is a discussion within the Saints Community Forum; Restructuring benefits the player the most. His yearly salary is converted to bonus money, which he gets immediately in the form of a check signed by Mr. Benson. The team can then spread that out over the life of the ...
1Likes
 |
|
|
|
LinkBack | Thread Tools | Display Modes |
|
|
01-05-2013, 09:47 AM
|
#1 |
|
Truth Addict
Join Date: Dec 2003
Location: Spanish Fort, AL (via NO and B/R)
Posts: 24,748
|
Re: Tip of the salary cap to New Orleans Saints GM Mickey Loomis; Drew Brees unlikely to help out
Restructuring benefits the player the most. His yearly salary is converted to bonus money, which he gets immediately in the form of a check signed by Mr. Benson. The team can then spread that out over the life of the contract, therby reducing the cap.
|
|
|
01-05-2013, 12:36 PM
|
#2 |
|
1000 Posts +
Join Date: Aug 2003
Location: Wherever I lay my hat
Posts: 4,000
|
Re: Tip of the salary cap to New Orleans Saints GM Mickey Loomis; Drew Brees unlikely to help out
Originally Posted by Danno
What are the tax implications?
|
|
|
|
Hybrid Mode
|
|
LinkBacks (?)
LinkBack to this Thread: https://blackandgold.com/saints/54340-tip-salary-cap-new-orleans-saints-gm-mickey-loomis-drew-brees-unlikely.html
|
||||
| Posted By | For | Type | Date | Hits |
| The Latest New Orleans Saints News | SportSpyder | This thread | Refback | 01-05-2013 06:37 AM | 2 |
| Tip of the salary cap to New Orleans Saints GM Mickey Loomis; Drew Brees unlikely to help out | This thread | Refback | 01-05-2013 12:21 AM | 7 |
All times are GMT -5. The time now is 01:55 AM.
