Some Pics of Deion Taking Care of His Kids on his Low Salary the Past Few Years

[upstater1]

First off, you have to have an awareness of what the real money is.

in other words, how much actually makes its way to Deion's pocket? How much of it is guaranteed. The contract the Patriots were offering would have made Deion a guarantee of $8 million. The Seahawks are guaranteeing him $12 million, correct?

After Federal taxes, Mass taxes, NFL union fees, pension, SS and Medicare, Agent's 10%, etc., he probably ends up with 40-45% of that.

Do the math. If you were a professional athlete with a limited time span, I think you'd see a difference between 3.5 and 5 guaranteed as well. Especially if one of your kids needed serious medical treatment.

 

[shmessy]

First off, you have to have an awareness of what the real money is.

in other words, how much actually makes its way to Deion's pocket? How much of it is guaranteed. The contract the Patriots were offering would have made Deion a guarantee of $8 million. The Seahawks are guaranteeing him $12 million, correct?

After Federal taxes, Mass taxes, NFL union fees, pension, SS and Medicare, Agent's 10%, etc., he probably ends up with 40-45% of that.

Do the math. If you were a professional athlete with a limited time span, I think you'd see a difference between 3.5 and 5 guaranteed as well. Especially if one of your kids needed serious medical treatment.

You conveniently listed the guaranteed money from the first Patriots offer - - the three year and compared it to the Seahawks' six year offer.

The Patriots later (still, without counter from Chayut) increased their offer to a 5 year $31 million with more upfront guaranteed money.

 

[upstater1]

You conveniently listed the guaranteed money from the first Patriots offer - - the three year and compared it to the Seahawks' six year offer.

The Patriots later (still, without counter from Chayut) increased their offer to a 5 year $31 million with more upfront guaranteed money.

I didn't conveniently do anything. WHat's the guaranteed offer from the later Patriots' proposal? What are you adding? 2 or 3 million more? Well, 40% of that then.

All I'm saying is that Deion isn't guaranteed $30 million. He's guaranteed more like 3-6 million. Somewhere in there. If he's going to have to shell out $100k-200k a year over the span of his child's life, then you can see where money would be a concern. Maybe he should sell that necklace too. I don't know but I don't think this contract is in the stratosphere.

 

[flutie2phelan]

Quote:
Originally Posted by BoTown
LMAO! Branchise, I gotta steal that one.

Shmessy:
Sure, why not? I did.


Oh ... where ?


ps - you're both welcome.

 

[Lansdowne]

Oh ... where ?


ps - you're both welcome.

poz rep for you, my man

 

[shakadave]

As a parent myself, I have enormous awe for what you and Deion do everyday for your kids. Your son is fortunate to have a loving and caring father who meets the challenge.

However, the point of the thread was to question whether $39 million or $32 million was going to make a difference, when Mr. Branch looks very likely to spend that $7 million differnce on "Lifestyle" with a capital L.

His hiding behind his kid's situation when giving reasons for holding out for more "Lifestyle with a capital L" money seems (to an admitted outsider) to be a disingenuous slap in the face to everyday people like you and others who also have kid's with special needs.

Please let me know if I'm off-base there.

Great post. Five stars.

 

[Pattie]

Wasn't that Ty Law's mantra that he had "to feed his family" on that measly pittance he'd gotten from the Patriots and that's why he had to move on? It makes we wonder how we all manage on considerably less income. Maybe it's all those cars and bling eh?

 

[Lansdowne]

Hate, hate, HATE it when athletes say it isn't about the money, when the bottom line is the almighty dollar was the difference between staying and going.

 

[Tunescribe]

First off, you have to have an awareness of what the real money is.

in other words, how much actually makes its way to Deion's pocket? How much of it is guaranteed. The contract the Patriots were offering would have made Deion a guarantee of $8 million. The Seahawks are guaranteeing him $12 million, correct?

After Federal taxes, Mass taxes, NFL union fees, pension, SS and Medicare, Agent's 10%, etc., he probably ends up with 40-45% of that.

Do the math. If you were a professional athlete with a limited time span, I think you'd see a difference between 3.5 and 5 guaranteed as well. Especially if one of your kids needed serious medical treatment.

It does not matter. Take-home is still in the millions after taxes/agent, etc., etc. These guys live lifestyle we can only dream about, even with a family of special needs.

 

[jaychamp]

Please name me one SB MVP from a team that did NOT win the SB?

Chuck Howley. What do I win? A Cadillac?

 

[arrellbee]

Does anyone have definite information as to whether Dieon is even married to his children's mother ?

 

[SoonerPatriot]

What a tasteless, pointless thread. ((((((YAWN)))))

 

[upstater1]

It does not matter. Take-home is still in the millions after taxes/agent, etc., etc. These guys live lifestyle we can only dream about, even with a family of special needs.

If the difference in guaranteed money is only $1.5 million, then it sure as well would matter to me. My wife's grandmother had her life's savings (between 500k-1m) eaten away by 9 years of care for Alzheimer's. That extra money could pay for a couple decades of care for his son.

 

[flutie2phelan]

poz rep for you, my man

Oh, you're so far ahead of me, Bo !

Not even my son knows what "poz rep" means ... although i take it as a compliment.
Thank u kindly.

 

[Patsfanin Philly]

Chuck Howley. What do I win? A Cadillac?

Only after I trade it in. Check out post #19 in this thread.........