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Mike Matthews signing bonus $7,500

13,385 Views | 40 Replies | Last: 7 yr ago by gopgabe
Shooz in Katy
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AG
What will $7,500 buy you in the cesspool purgatory that is Cleveland, Ohio?
sharpdressedman
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He is getting a chance to live his dream; an incalculable value. Best wishes to him.
aTm2004
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It will get you introduced to taxes.
farmer95
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quote:
What will $7,500 buy you in the cesspool purgatory that is Cleveland, Ohio?
sub lease Johnny's pad?
OldShadeOfBlue
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About $7500 more than any signing bonus I've ever received.
aTm2004
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Do you think his brothers called to compare signing bonuses?

"Hey, Mike. What are you getting with your signing bonus?"

"Not sure. Thinking about a new Macbook. What did you get with yours?"

"A Bentley."
Jason C.
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quote:
It will get you introduced to taxes.


Seriously. Better to ask "what will 3500 dollars buy you"?
texancanuck11
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quote:
What will $7,500 buy you in the cesspool purgatory that is Cleveland, Ohio?
300 shots of Fireball!
hunter2012
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It's Cleveleand

oysterbayAG
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The Browns Pro-Bowl Center Alex Mack left in free agency along with the rest of the OL. Mike has a good chance to make the roster and maybe become the starting center on a very young team. Good Luck Mike !
BrandoC
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Wait do you think FA make alot of money?
AgOutsideAustin
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Too bad it wasn't Detroit or he could have bought a couple of houses.
Lungblood
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quote:
Do you think his brothers called to compare signing bonuses?

"Hey, Mike. What are you getting with your signing bonus?"

"Not sure. Thinking about a new Macbook. What did you get with yours?"

"A Bentley."


NFL players make the best spending decisions.
ag2003
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Jake got a fully guaranteed $16.5M contract that included a $10.25M signing bonus......buying a Bentley wouldn't be a terrible decision-----buying several might be------but I doubt he did either in real life anyway.
cecil77
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Given his family history, I suspect what $7,500 bought him was motivation.
aTm2004
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quote:
quote:
Do you think his brothers called to compare signing bonuses?

"Hey, Mike. What are you getting with your signing bonus?"

"Not sure. Thinking about a new Macbook. What did you get with yours?"

"A Bentley."


NFL players make the best spending decisions.
4th round picks spending first round money is stupid. Being a first round pick and living up to the hype means it's only a drop in the bucket, especially when you get to your 2nd and 3rd contract.

A Bentley on a first contract is probably dumb, but in a day and age where people making $100k/yr spend $70k+ on a SUV, is it really far fetched to spend $200k on a car when you're averaging $4mm/yr? That's not taking into account endorsement deals several first round picks get.
TMartin
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Prove yourself, made the team and GET THE HELL OUT OF THERE.
BMX Bandit
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Let's say he drives the bentley 4 years. That's less than 2% of his gross.

Or like a person making $100k buying a moped for 4 years
CrottyKid
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Down payment on a townhome or condo.
Aggie_Eric98
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$7,500 after taxes is what $4,000. Thanks a lot Obama.
JustisWalkert
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.015 chicks at one time.
Bone6
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Man, the difference between being coached under Jim Turner and an OL coach from a mid major.
SpiderDude
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quote:
.015 chicks at one time.

mmh
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It's a raise from what he was making before.

Once practice starts in a couple of months, he'll be fine.

...and he'll stick.
wargograw
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Pretty cheap place to live.
Aggielandma12
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quote:
It's a raise from what he was making before.

Once practice starts in a couple of months, he'll be fine.

...and he'll stick.


You sure it was a raise?
Emilio Fantastico
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Man, the difference between being coached under Jim Turner and an OL coach from a mid major.

More like the difference between a full sized Matthews and an under-sized Matthews.

If he was 6'4" and 310, he would've been drafted.
mmh
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quote:
quote:
It's a raise from what he was making before.

Once practice starts in a couple of months, he'll be fine.

...and he'll stick.


You sure it was a raise?
Yes.
FrontPorchAg
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Too bad it wasn't Detroit or he could have bought a couple of houses.
Like the above poster said: It's Cleveland
Ag Tag
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I'd put it all into Orange Juice Futures.
gopgabe
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quote:
What will $7,500 buy you in the cesspool purgatory that is Cleveland, Ohio?
Entitled millennials thinking you should get money just for signing a contract with a company. You're lucky for them giving you the opportunity!
davidhouse
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$7,500, he will only pay 7.65% in taxes. No federal taxes at that income level. He can also get public housing assistance, Medicaid, Obama phone, food stamps(card), and learn to vote for the democrats
austinaggie2012
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Bonuses are taxed at the highest bracket regardless of amount. A $7,500 Christmas bonus is still taxed in the highest bracket.
Shooz in Katy
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quote:
Bonuses are taxed at the highest bracket regardless of amount. A $7,500 Christmas bonus is still taxed in the highest bracket.


Exactly. The point of my post was to show the contrast between signing bonus in a crap city vs huge deserving upside. Browns hit a home run here in my opinion. LOVE Mike Matthews! He'll certainly make his millions once he proves himself. So happy for him. Just hope he doesn't stay in Cleveland long. Could be a victim of his own success.
Pepe SiIvia
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quote:
quote:
What will $7,500 buy you in the cesspool purgatory that is Cleveland, Ohio?
Entitled millennials thinking you should get money just for signing a contract with a company. You're lucky for them giving you the opportunity!
Olds talking about the millennial boogeyman
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