+ Reply to Thread
Page 3 of 4 FirstFirst 1234 LastLast
Results 31 to 45 of 46

Thread: Quinton Patton signs with the Jets

  1. #31
    Champ Dogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond reputeDogsince65 has a reputation beyond repute
    Join Date
    Jul 2010
    Location
    Shreveport
    Posts
    4,556

    Re: Quinton Patton signs with the Jets

    QP has had injuries and no QB. Hope he can find right offense /QB. I am huge fan but not surprised at all SF rebooting whole team-- QP hung pretty tight with Kap ( remember the Miami thing his freshman year) -- agree with everyone -- it's make or break

  2. #32
    Champ Blue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond reputeBlue Dawg has a reputation beyond repute
    Join Date
    Mar 2010
    Location
    Fayetteville, AR
    Posts
    8,418

    Re: Quinton Patton signs with the Jets

    Now we just have to pray Henderson doesnt end up in SF (met with them last week).

  3. #33
    Champ Bearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond repute
    Join Date
    Aug 2012
    Location
    Alexandria, VA
    Posts
    1,043

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by DJDAWG View Post
    Does anyone know the taxes he'll have to pay in NY? With Fed, State and City tax combined, it's gonna be bad, real bad.
    Quote Originally Posted by HogDawg View Post
    State Income Tax Brackets - New York

    $79,600 - $212,500 6.65%
    $212,500 - $1,062,650 6.85%
    $1,062,650+ 8.82%




    So here's how far 775K will go in NYC:

    $ 775,000
    <271,250> 35% Fed Tax Rate (assuming he has a few writeoffs)
    < 53,088> NY State Tax Rate
    <155,000> 20% commission Fee to his sports agent (this is purely a guess!)
    $ 295,662 NET

    So a player would have about 295K left over for all living expenses, travel expenses, child care, expensive tolls and parking in NYC, etc...
    Isn't California, and San Fran in particular, more costly than New York? I know apartment costs in San Fran are supposed to be more than even NYC now. I bet the tax rate is possibly even higher there too

  4. #34
    Champ faninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond reputefaninmonroe has a reputation beyond repute faninmonroe's Avatar
    Join Date
    Sep 2002
    Posts
    5,700

    Re: Quinton Patton signs with the Jets

    In the mid 90s New York has the highest by far for professional athletes. It has been a long time since I looked into that though. At one point NY taxed visiting professional athletes a pro rata basis for their time playing professional sports in New York....as a member of a visiting team.

  5. #35
    Champ Dawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to beholdDawg Fan is a splendid one to behold Dawg Fan's Avatar
    Join Date
    Aug 2012
    Location
    Georgia
    Posts
    1,038

    Re: Quinton Patton signs with the Jets

    Quinton Patton signed a 1 year, $825,000 contract with the New York Jets, including a $25,000 signing bonus, $25,000 guaranteed, and an average annual salary of $825,000. In 2017, Patton will earn a base salary of $775,000, a signing bonus of $25,000 and a roster bonus of $25,000, while carrying a cap hit of $665,000 and a dead cap value of $25,000.


    http://www.spotrac.com/nfl/new-york-jets/quinton-patton-12409/







  6. #36
    Administrator qng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond reputeqng001 has a reputation beyond repute qng001's Avatar
    Join Date
    Sep 2002
    Location
    Little Rock, AR
    Posts
    16,919

    Re: Quinton Patton signs with the Jets

    Some good info here. NY Giants and Jets players pay NJ taxes. It's a little lower than NY, but still very high. Also they pay the "jock tax", taxes from playing at visiting team's state.


    What Do NFL Players Pay in Taxes? | smartasset.com

    As high earners, NFL players face top tax rates at the federal and local level. In some places, these marginal rates exceed 50%.

    But it doesn’t end there. In addition to paying taxes to the IRS and their home team’s state, many professional football players have to pay taxes to every single state in which they play a game, the so-called “jock tax.” That can mean filing as many as 10 different tax returns and coughing up as much as 50% of their salary and bonuses in taxes.

    New York Giants
    New York City has some of the highest taxes in the country, with marginal rates reaching 12.7% when including both the state income tax and city income tax. The good news for players on the Giants: they don’t actually play (or practice) in New York. The Giants’ stadium and practice facility are located in New Jersey.

    Instead of paying New York taxes, Giants players face the moderately lower tax burden of the Garden State. That means that Jason Pierre Paul and Eli Manning (the top two earners on the Giants for 2015) pay a “mere” 46.6% of their NFL income in taxes, instead of the over 50% rate they would pay in NYC. (Note: Our analysis was done before JPP’s newest and smaller contract.)

    New York Jets
    The Jets, like the Giants, save their players a fairly substantial sum of tax dollars by playing in New Jersey rather than the city of New York. If, for example, the Jets played in Queens, they would face a top state and city tax rate totaling 12.7%.

  7. #37
    Champ louisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the roughlouisiana_dog is a jewel in the rough
    Join Date
    Jan 2008
    Location
    Uptown
    Posts
    1,868

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by HogDawg View Post
    No thanks. I can find a lot of ways to make 23K faster than that.
    How many hrs did his agent spend to make that 23K? I can't make that kind of money that fast. He probably spent 30-40 hrs total on it.

  8. #38
    Champ dawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond repute dawg80's Avatar
    Join Date
    Sep 2002
    Posts
    25,600

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by louisiana_dog View Post
    How many hrs did his agent spend to make that 23K? I can't make that kind of money that fast. He probably spent 30-40 hrs total on it.
    I've made that kind of money in mere seconds. It's easy.

  9. #39
    Champ Bearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond reputeBearpaw has a reputation beyond repute
    Join Date
    Aug 2012
    Location
    Alexandria, VA
    Posts
    1,043

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by dawg80 View Post
    I've made that kind of money in mere seconds. It's easy.
    I'm jealous if you're being truthful. Stock exchange?

  10. #40
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
    Join Date
    Sep 2002
    Posts
    45,243

    Re: Quinton Patton signs with the Jets

    "eye fo an eye and toof fo a toof" - Idiot in Missouri

  11. #41
    Champ Amos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond reputeAmos Moses has a reputation beyond repute Amos Moses's Avatar
    Join Date
    Sep 2002
    Location
    Texas
    Posts
    3,823

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by Bearpaw View Post
    I'm jealous if you're being truthful. Stock exchange?

    ....or did he cash that check from the son of the Sultan of Zaire that he inherited by just sending in a check for $500 to cover handling charges?

  12. #42
    Champ dawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond repute dawg80's Avatar
    Join Date
    Sep 2002
    Posts
    25,600

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by Bearpaw View Post
    I'm jealous if you're being truthful. Stock exchange?
    Yes. And most often in penny stocks.

    I have lost $2,000-3,000 in mere seconds too. But the "wins" far out-weigh the losses.

  13. #43
    Champ DawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond reputeDawgyNWindow has a reputation beyond repute DawgyNWindow's Avatar
    Join Date
    Sep 2002
    Location
    Bridgeport, WV
    Posts
    2,377

    Re: Quinton Patton signs with the Jets

    Just saw where QP has an undisclosed injury and will not suit up for the jets in 2017.

    My apologies if this has already been mentioned.

  14. #44
    Champ RhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond reputeRhythmDawg has a reputation beyond repute RhythmDawg's Avatar
    Join Date
    Jan 2007
    Location
    Ruston, LA
    Posts
    6,114

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by DawgyNWindow View Post
    Just saw where QP has an undisclosed injury and will not suit up for the jets in 2017.

    My apologies if this has already been mentioned.
    I believe he received an injury settlement and was released a month or two ago.

  15. #45
    Big Dog bleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the roughbleudog is a jewel in the rough bleudog's Avatar
    Join Date
    Dec 2011
    Location
    El Doradeaux, AR
    Posts
    781

    Re: Quinton Patton signs with the Jets

    Quote Originally Posted by RhythmDawg View Post
    I believe he received an injury settlement and was released a month or two ago.

    http://www.nfl.com/news/story/0ap300...njured-reserve

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts