Berrios Getting Paid!

[423Hurricane]

Re-signed with the Jets. 2 years, $12 million.

Good for him!

Also, looks like Feliciano is signing with the Giants. No details yet.

 

[Baba Yaga]

 

[Heart of The Playmaker]

Re-signed with the Jets. 2 years, $12 million.

Good for him!

Also, looks like Feliciano is signing with the Giants. No details yet.

Was hoping he got a third year..but if he continues to ball out...new 3 years deal for more...
My dude is bossin

 

[caneholic88]

He’s gonna be around for a long time, he looks explosive af these days..

 

[grover]

7M after taxes. Would be around 8 in many places but too bad he’s in NJ as he’ll pay an additional 10.75% in state income taxes. Still, live a little frugally and those two years can essentially be enough for a really nice retirement with another 30 years of investment appreciation.

 

[Canesq]

Re-signed with the Jets. 2 years, $12 million.

Good for him!

Also, looks like Feliciano is signing with the Giants. No details yet.

**** would have love if the fins got him. He was a much better option than Albert Wilson was last year.

 

[grover]

He’s gonna be around for a long time, he looks explosive af these days..

And then there’s this. Young man looks like he’s getting better and still has a few more contracts to go.

 

[AllAboutDaU]

Think he can be a 800-900 yard receiver if he was with the right team.

 

[skyman]

Dope.. Next time around he should use Christian Kirk agent..

 

[Cryptical Envelopment]

7M after taxes. Would be around 8 in many places but too bad he’s in NJ as he’ll pay an additional 10.75% in state income taxes. Still, live a little frugally and those two years can essentially be enough for a really nice retirement with another 30 years of investment appreciation.

Between football and a few minor endorsements I'd guess he's made about $3M already heading into this new contract. So by the time he's 28, depending on whether he completes his two years ($12M) or just gets his $7M guarantee, he will have made between $10M-$16M (adding a mil to the top of the range for endorsements).

To be that young with that much money entering the investment period of your life? He is going be set up very well, regardless of taxes. Of course I'm sure his accountant and business manager are doing things to mitigate his tax burden as well. There are some estate planning games you can play at that level.

 

[Zbrod95]

7M after taxes. Would be around 8 in many places but too bad he’s in NJ as he’ll pay an additional 10.75% in state income taxes. Still, live a little frugally and those two years can essentially be enough for a really nice retirement with another 30 years of investment appreciation.

He’s only 26. He’s actually positioning himself for an even bigger pay day being he’s probably their best all around WR.

 

[Rellyrell]

Make $$$ young man, make $$$

 

[Atom Atlas]

R.I.P.....

 

[PineCo.]

 

[Applecane]

7M after taxes. Would be around 8 in many places but too bad he’s in NJ as he’ll pay an additional 10.75% in state income taxes. Still, live a little frugally and those two years can essentially be enough for a really nice retirement with another 30 years of investment appreciation.

How much does his agent take? 10%?

 

[AtlAtty]

How much does his agent take? 10%?

Typically 3-4% on the contract and up to 20% on endorsements.

 

[3FW]

You don't start paying the 10.75 until you hit $5M, so it won't be quite so bad.

 

[423Hurricane]

You don't start paying the 10.75 until you hit $5M, so it won't be quite so bad.

Is it 10.75 on the amount above $5M, or the total amount?

 

[HerbieDaGawd]

 

[ItsAUThing.com]

7M after taxes. Would be around 8 in many places but too bad he’s in NJ as he’ll pay an additional 10.75% in state income taxes. Still, live a little frugally and those two years can essentially be enough for a really nice retirement with another 30 years of investment appreciation.

That, and he's still dying a slow death with the New York Football Jets. A shame his talent is getting wasted in that dumpsite of a franchise.