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How did they lowball him? They actually bailed him out by giving him a big signing bonus in 2004 (somewhere in the neighborhood of $10 million) and about $14 million over the first two year of his contract. His other option was to finish out his original contract with BAL which still had 3 years left at a total of $17.7 million or try and negotiate an extension with them.
Indeed...Id
Not in the slightest.
Yes it is. You still use every opportunity relating to Owens or the Eagles on these boards to get on your Owens soapbox. As an example, look at this thread... it's not about Owens, but you want to drive it there. This subject matter has been covered again and again and again (by you, primarily).Let it go. No one here agrees with you. You haven't convinced us despite numerous lengthy attempts. It's not going to change.Not in the slightest.
I believe the correct answer isYes it is. You still use every opportunity relating to Owens or the Eagles on these boards to get on your Owens soapbox. As an example, look at this thread... it's not about Owens, but you want to drive it there. This subject matter has been covered again and again and again (by you, primarily).Let it go. No one here agrees with you. You haven't convinced us despite numerous lengthy attempts. It's not going to change.Not in the slightest.
Precisely. BF - if you want to discuss Owens, start another thread. I'm far more interested in trying to understand what consequences the Eagles will face for this "mistake".I believe the correct answer isYes it is. You still use every opportunity relating to Owens or the Eagles on these boards to get on your Owens soapbox. As an example, look at this thread... it's not about Owens, but you want to drive it there. This subject matter has been covered again and again and again (by you, primarily).Let it go. No one here agrees with you. You haven't convinced us despite numerous lengthy attempts. It's not going to change.Not in the slightest.
No it's not, but I really don't feel that I have to pass everything through the Just Win Baby filter to make sure it's sanitized for Shark Pool consumption. I had one sentence about Owens in a two paragraph response. I didn't say whether Owens was right or wrong, I simply made a comment that the team had lowballed Owens. I thought it was pretty uncontroversial, since the NFLPA agreed that they did. That's not a soapbox. You can use the fishing smiley all you want, but it's not my fault that there have been ten replies about it, nor do I feel that I should refuse to respond to them to satisfy your desire to never hear me say the word Owens again. And for what it's worth, some people do agree with me, and I have received comments from people who have been convinced by my posts that maybe Owens isn't all that bad. So please don't try to turn "I side with the majority, and several of us disagree with you" into "No one here agrees with you. You haven't convinced us". I haven't convinced you. I'm not too concerned about that, since you seem to de facto disagree with most things I say.Yes it is. You still use every opportunity relating to Owens or the Eagles on these boards to get on your Owens soapbox. As an example, look at this thread... it's not about Owens, but you want to drive it there. This subject matter has been covered again and again and again (by you, primarily).Let it go. No one here agrees with you. You haven't convinced us despite numerous lengthy attempts. It's not going to change.Not in the slightest.
I changed the bold around a bit to discuss the more interesting parts from a cap perspective.Michael J Fox said:
I disagree that I de facto disagree with most of what you say... except when it comes to subjects on Owens, the Patriots (sometimes), and Peyton Manning. On other subjects, I find you to be pretty reasonable.No it's not, but I really don't feel that I have to pass everything through the Just Win Baby filter to make sure it's sanitized for Shark Pool consumption. I had one sentence about Owens in a two paragraph response. I didn't say whether Owens was right or wrong, I simply made a comment that the team had lowballed Owens. I thought it was pretty uncontroversial, since the NFLPA agreed that they did. That's not a soapbox. You can use the fishing smiley all you want, but it's not my fault that there have been ten replies about it, nor do I feel that I should refuse to respond to them to satisfy your desire to never hear me say the word Owens again. And for what it's worth, some people do agree with me, and I have received comments from people who have been convinced by my posts that maybe Owens isn't all that bad. So please don't try to turn "I side with the majority, and several of us disagree with you" into "No one here agrees with you. You haven't convinced us". I haven't convinced you. I'm not too concerned about that, since you seem to de facto disagree with most things I say.Yes it is. You still use every opportunity relating to Owens or the Eagles on these boards to get on your Owens soapbox. As an example, look at this thread... it's not about Owens, but you want to drive it there. This subject matter has been covered again and again and again (by you, primarily).Let it go. No one here agrees with you. You haven't convinced us despite numerous lengthy attempts. It's not going to change.Not in the slightest.
So if the problem for Westbrook is that he paid taxes on the money and thus doesn't have easy access to the full $3M to repay the Eagles, couldn't the Eagles simply pay him some of his 07 salary now, which he could then turn around and use to repay this 06 amount? Maybe the problem with that is that they aren't planning to pay him a roster bonus this year and this would require reworking his contract...?
I don't think the problem is that he's got the $3 million. I think the problem is that he's already paid more than a million dollars in real money in income tax. If that money stays on the books as 2006 taxable income, then he's basically received an extra $3 million in 2006 cap money from the NFL's perspective. If it doesn't, then how does he give it back? If I were Westbrook, I'd say dock my paychecks from here on out. But if I were the NFL, I'd say that that amounts to paying him a bonus in 2006 that was off the books. Which is why the Eagles are filing a grievance - they want the NFL and NFLPA to work it out so they don't get in trouble and Westbrook doesn't get screwed. There is no information as of yet on how the NFL is going to approach this.
Right. Basically we're on the same page with the first part. He didn't literally receive $3M and thus may not easily be able to repay $3M. If he files an amended tax return, he should get back the taxes that were deducted from the $3M, but not for quite some time I'd assume. So if the Eagles go ahead and pay him some 07 money, enough to cover the amount he will be waiting on from the amended tax form, he can add that to the untaxed part of the $3M and pay back the team the full $3M. Then he later gets a tax return for the amount that should not truly have been charged to him... and that effectively becomes the amount of his 07 salary he had to use to repay the $3M. It's definitely a mess.
I once had to go back 2 years to do an amended return...it really isn't that big a deal. This whole thing will almost certainly appear no big deal and a dead issue in a week or two.
How did they lowball him? They paid him $14 million over the first 2 years. That would put him in the top 10 at his position. In fact in 2004 he was the 2d highest paid player.
The NFLPA didn't have a problem with the amount of money, they were concerned with unfavorable language. But the actual total amount he was paid was on par with the best receivers in the league.
We're talking about well over a million dollars here. That makes it a bigger deal.renesauz said:
Only in terms of the amount of zero's.
No, because someone is far more likely to care about the interest on a year's worth of $1.2 million than they are to care about the interest on $1,200.
I just read that also. Here's their summary:
I oulled that out because it is crucial to understanding this! More then a few people in here were jumping up and down crying FOUL, and basicly accusing the Eagles of cheating.....while the truth is there was nothing to cheat! The Eagles have long been big on roster bonuses, which work differently. THEY NEVER WENT OVER THE CAP even with the extra money paid to Westbrook!
This and the fact that the Eagles pointed it out to the NFL basically makes this whole mess a non-issue, except between them and Westbrook. Sorry haters.
