Russel Wilson and Friends agree to deal.

[ThaVirus]

Originally Posted by DaneMcCloud

It's only minutiae if you disregard his bank account balance

You're keying on the fact that Hootie said he'd receive $31 million "this year". He'll receive the latter $11 million technically in the calendar year of 2016 but it is still a chunk of the payment due to him for the 2015 year.

This is the most trivial of arguments.

[DaneMcCloud]

Originally Posted by ThaVirus

You're keying on the fact that Hootie said he'd receive $31 million "this year". He'll receive the latter $11 million technically in the calendar year of 2016 but it is still a chunk of the payment due to him for the 2015 year.

This is the most trivial of arguments.

I'll make this really, really, stunningly simple:

When Russell Wilson files an income tax return for 2015, will he indicate that his earnings from the Seattle Seahawks are $20.7 million dollars or $31.7 million dollars?

[Saul Good]

Originally Posted by DaneMcCloud

I'll make this really, really, stunningly simple:

When Russell Wilson files an income tax return for 2015, will he indicate that his earnings from the Seattle Seahawks are $20.7 million dollars or $31.7 million dollars?

Are you ****ing kidding me? You're really going to play the 'fiscal year' card when referring to an NFL contract? So when people talk about what a Chiefs player made in 2014, you interpret that to mean calendar year earnings? Playoff games and such that take place after December 31st count towards the next year as far as the discussion is concerned?

[DaneMcCloud]

Originally Posted by Saul Good

Are you ****ing kidding me? You're really going to play the 'fiscal year' card when referring to an NFL contract? So when people talk about what a Chiefs player made in 2014, you interpret that to mean calendar year earnings? Playoff games and such that take place after December 31st count towards the next year as far as the discussion is concerned?

Answer the question.

[Saul Good]

Originally Posted by DaneMcCloud

Answer the question.

They will be on the 2016 return...because the money is for being on the team during the full 2015 season...which ends in 2016. You keep arguing the most ridiculous semantics as if it proves something. It just proves that you're incapable of having a normal conversation and understanding context.

[DaneMcCloud]

Originally Posted by Saul Good

They will be on the 2016 return...because the money is for being on the team during the full 2015 season...which ends in 2016. You keep arguing the most ridiculous semantics as if it proves something. It just proves that you're incapable of having a normal conversation and understanding context.

What?

So you're claiming that Russell Wilson won't be required to pay taxes on $20.7 million dollars he'll earn in 2015 on his 2015 tax return?

[Saul Good]

Originally Posted by DaneMcCloud

What?

So you're claiming that Russell Wilson won't be required to pay taxes on $20.7 million dollars he'll earn in 2015 on his 2015 tax return?

This is the dumbest discussion ever. Taxes aren't paid based on when the money is earned. They're paid on when the income is realized. He likely won't pay taxes on a good chunk of it for another 30+ years. Hell, he won't ever pay taxes on some of it. That has nothing to do with the point of the discussion, though.

He is guaranteed to earn $31 million or whatever it is if he plays the full 2015 season. Period

[DaneMcCloud]

Originally Posted by Saul Good

They will be on the 2016 return...because the money is for being on the team during the full 2015 season...which ends in 2016. You keep arguing the most ridiculous semantics as if it proves something. It just proves that you're incapable of having a normal conversation and understanding context.

This is silly.

The last game of the season is January 3rd. Players are paid weekly during the season, so as I understand it, Russell Wilson will receive $43,750 dollars for 15 games played in 2015, which equals $656,250.00 in salary.

His guaranteed figure of $20 million, in the form was a signing bonus, has already been paid, making Wilson's total earnings from the Seattle Seahawks in 2015 at $20,656.250.00 dollars.

He'll be responsible for reporting those earnings on his 2015 tax return, not the 2016 tax return.