Russel Wilson and Friends agree to deal.

[Mr_Tomahawk]

Russell Wilson and the Seahawks have agreed to a 4-year, $87.6-million extension, per source.

— Peter King (@SI_PeterKing) July 31, 2015

[Hootie]

How many more ****ing times do I have to break this down

[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?

[Saul Good]

Originally Posted by Hootie 2.0

How many more ****ing times do I have to break this down

Dane is having a breakdown all by himself.

[Hootie]

When I get back on a computer, I'll dumb this down even further for Dane. Apparently he needs his hand held at all times.

[Saul Good]

Originally Posted by Hootie 2.0

When I get back on a computer, I'll dumb this down even further for Dane. Apparently he needs his hand held at all times.

I'd tell him to go back to grade school, but I don't think he's allowed within 500 yards of them.

[BigMeatballDave]

I've forgotten what this argument is even about.

4yrs? 5yrs? 31m? 60m?

[Hootie]

Originally Posted by BigMeatballDave

I've forgotten what this argument is even about.

4yrs? 5yrs? 31m? 60m?

It would be over but Dane refuses to just acknowledge that he might have been wrong about how the Hawks viewed Russell Wilson

[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?

[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.

[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

[-King-]

Now we're talking about taxes

[Hootie]

Originally Posted by -King-

Now we're talking about taxes

Guaranteed money, no matter what:

1 year, 31.7

If he is still on the Seattle roster on the 5th day of the new league year in 2016 (it's like early May I believe), he's then guaranteed another 12.5M.

So it's a 1 year, 31.7 million dollar deal. Or a 2 year, 44 million dollar deal fully guaranteed if he's still on the roster in May 2016. Or a 3 year, fully guaranteed 57 million dollar deal if he's still on the roster in May 2017.

Can I ask what you believe the odds are Russell Wilson is cut before May 2016 for performance related issues?

I say I have a better chance, legitimately, of knocking up Anna Kendrick than Russell not making the 2016 Seahawks. Do you agree?

[DaneMcCloud]

Originally Posted by Saul Good

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

The team has given him $20 million as a signing bonus. They'll pay him another $700k for the 16 game season. He'll earn another $11+ in March 2016. That's all that matters.

This has been a ridiculously stupid discussion with zero end game.