ThePro wrote: ↑Mon Jun 17, 2019 12:00 pmIf you look earlier in this thread we already had this conversation. .. ice99 is doing a face palm right nowSibelius Hindemith wrote: ↑Mon Jun 17, 2019 3:35 am
So what does "yearly cash" mean exactly? I thought you said that his yearly cash for 2019 already included 30 mil of his signing bonus
Yearly cash is the exact amount Wilson gets paid from his contract this year. 30 mil signing bonus+ 5 mil million base salary = 35 million yearly cash.
Next year 18 mil base salary + 35 mil signing bonus = 53 mil yearly cash
Wilson 6th highest paid athlete worldwide
Re: Wilson 6th highest paid athlete worldwide
- Sibelius Hindemith
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Re: Wilson 6th highest paid athlete worldwide
It just seemed like two different things are being stated.
1. $15 M base salary plus $65 M signing bonus equals the $80 M salary reported by Forbes.
2. $5 M base salary plus $30M of his signing bonus equals the actual amount Wilson got paid
Why are those two numbers different?
1. $15 M base salary plus $65 M signing bonus equals the $80 M salary reported by Forbes.
2. $5 M base salary plus $30M of his signing bonus equals the actual amount Wilson got paid
Why are those two numbers different?
Re: Wilson 6th highest paid athlete worldwide
Because there is no 15 mil base salary. Where are you seeing that? Wilson's signing bonus is prorated over two seasons 30 this year and 35 next year.Sibelius Hindemith wrote: ↑Mon Jun 17, 2019 9:33 pmIt just seemed like two different things are being stated.
1. $15 M base salary plus $65 M signing bonus equals the $80 M salary reported by Forbes.
2. $5 M base salary plus $30M of his signing bonus equals the actual amount Wilson got paid
Why are those two numbers different?
- Sibelius Hindemith
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Re: Wilson 6th highest paid athlete worldwide
Okay, the $15 M was his yearly cash for 2018. Sorry for the confusion there.
So why did Forbes count his full signing bonus towards his earnings that year if he only got paid 30 mil of it?
So why did Forbes count his full signing bonus towards his earnings that year if he only got paid 30 mil of it?
Re: Wilson 6th highest paid athlete worldwide
I could be wrong but I see it like this. They are trying to compare players from different sports and different teams. Their yardstick is to use June to June earnings.Sibelius Hindemith wrote: ↑Mon Jun 17, 2019 10:28 pmOkay, the $15 M was his yearly cash for 2018. Sorry for the confusion there.
So why did Forbes count his full signing bonus towards his earnings that year if he only got paid 30 mil of it?
If a player is being paid a signing bonus in two installments instead of one, do they say that the two installment player earned less? I'm guessing that they made the call that they want to count the bonuses as fully paid in their rankings. Note that I'm not necessarily advocating it, but it seems that's what they did.
Re: Wilson 6th highest paid athlete worldwide
Guessing he may drop a bit next year given the way they handle it. LOL. From about 6 to 600
dt
Re: Wilson 6th highest paid athlete worldwide
Cause they're Forbes and they think they're cool...Sibelius Hindemith wrote: ↑Mon Jun 17, 2019 10:28 pmOkay, the $15 M was his yearly cash for 2018. Sorry for the confusion there.
So why did Forbes count his full signing bonus towards his earnings that year if he only got paid 30 mil of it?
- Donn Beach
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Re: Wilson 6th highest paid athlete worldwide
when they earned it, not when they were paid it
https://www.forbes.com/sites/kurtbadenh ... 175f936bbeMethodology
Forbes' earnings figures include all prize money, salaries and bonuses earned between June 1, 2018, and June 1, 2019. In the case of baseball players, the listed salary will include salary from the 2018 and 2019 seasons, as well as any signing, award or playoff bonuses. Football player salaries cover the 2018 base salary, plus bonuses earned over those 12 months, including option, signing, playoff and workout bonuses. Winnings for golfers and tennis players represent their prize money over that period.
Endorsement incomes are an estimate of sponsorship deals, appearance fees and licensing income for the 12 months through June 1 based on conversations with dozens of industry insiders. The golfers’ income includes course design work. We do not deduct for taxes or agents’ fees, and we do not include investment income. Our list includes athletes active at any point during our time frame.
Re: Wilson 6th highest paid athlete worldwide
Its lazy. You don't earn an entire signing bonus in year one of a multi year contract.
dt
- Donn Beach
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Re: Wilson 6th highest paid athlete worldwide
a signing bonus is an incentive to sign a contract, he earned it by signing the contract didn't he, he did that at the beginning of the contract.