As a UK NFL I knew about the lack of guaranteed money, but the different taxes from state-to-state for a a few hours work, crazy. Fantastic podcast.
@gwop84234 жыл бұрын
That’s Dak Prescott’s Clone on the right
@donaldrobinson70633 жыл бұрын
Pak Drescott
@daquanmcdonald71043 жыл бұрын
If he never went pro
@ryand45333 жыл бұрын
I was thinking he looked crazy familiar lolol
@GetintheCAH3 жыл бұрын
Daquan McDonald yeah definitely hahhahah
@tchoopee51433 жыл бұрын
With Jay-Z’s voice
@timsmusic73492 жыл бұрын
It’s brutal to have to live not knowing when you get cut and you go from maybe $700 a week to instant $0.00. It’s especially harder when you’re family have little resources to offer support and you’re always one injury away from not having any chance to play. Pro sports is a brutal struggle for most.
@cashrules5203 жыл бұрын
Homie needs his own podcast, so much he wants to say
@TopFlightSecurity4153 жыл бұрын
I can see why players hold out for bigger contracts
@trix21533 жыл бұрын
Bigger contracts mean nothing without guaranteed money. Thats what he is saying.
@BiggBossAjay2 жыл бұрын
@@trix2153 bigger contracts usually come with some good guaranteed money
@jaydab2 жыл бұрын
Yep!
@FastDuDeJiunn2 жыл бұрын
@@trix2153 cant fixe stupid.
@chicagokid87352 жыл бұрын
All the time bro that why I see why player will sit out for not getting all they money
@shanecapps96012 жыл бұрын
As a sports enthusiasts that was the most absolute best interview and breakdown I've heard ..thanks for the info and some light on the salary subject
@DM-bx1zv2 жыл бұрын
"You're never really on the team." A sobering reality for nearly all NFL players -- except Matt Ryan of the Atlanta Falcons. He's locked in regardless of who comes and goes -- Coaches, GMs, players, etc.
@reefb43642 жыл бұрын
He’s not the only one- I believe Pat Mahomes can actually say that also.
@NoBrakes2192 жыл бұрын
@@reefb4364 andy has been coaching the whole time with KC before/when Mahomes got there, Matt is on his 4th head coach and lord knows how many new Oc’s and Dc’s lmao
@reefb43642 жыл бұрын
@@NoBrakes219 I think we talking about the same thing??? Derek Carr is on his 4th coach also😂
@NoBrakes2192 жыл бұрын
@@reefb4364 true, not saying mahomes wont as well lol. Im just stating the here and now is all
@Jayyy642 жыл бұрын
Ryan sucks
@aaronstansberry25452 жыл бұрын
To prove how powerful these owners are,they rely upon the currupt media to convince the fans that the players are greedy,and overpaid. The fan refuse to understand that the players are rich,the owners are wealthy.
@EmmanuelJenkins222 жыл бұрын
Underrated comment
@Rhaspun2 жыл бұрын
When you throw in the amount of money being made from NFL properties. The owners are making from licensing rights that all the stadium incomes.
@charles95713 ай бұрын
Add in the fact that owners also get their stadiums subsidized by taxes.
@andrejohnson1703Ай бұрын
@@Rhaspun You don't like it 'don't play' get you a 9 to 5 job...
@aiconic103 жыл бұрын
I have no idea who this dude is. You never introduce him in the video. No idea if he played in the NFL. Always introduce your guests. Especially the ones that are undrafted.
@smthmn3 жыл бұрын
I definitely use to be one of those guys that judged athletes but then I learned about the taxes, especially the out of state taxes. But he just gave me more scenarios I never thought about, like that 45 minute trip. This was a good eye opener
@danielmennel45652 жыл бұрын
States like TX shift the tax burden to the middle and working classes through state sales taxes and nearly every locality in TX adds a sales tax on top of the state tax. While high income earners do better in states like TX, the average citizen pays more in TX than they would in CA. Of course the cost of housing is higher in CA so just because the government isn't taking a bigger cut doesn't mean someone else won't
@funkdocdoppelganger77203 жыл бұрын
I know a few guys that's played in the NFL... they explained all of this... everything that glitters ain't gold... when you watch ESPN or NFL network and see that contract info at the bottom the screen , yeah it looks and sounds great... but none of it is guaranteed except your signing bonus... and a 3 year extension means nothing... he could still be there only one more year .. 3 year deal worth 15 million , 9 million guaranteed sounds great , but the taxes , insurance, agent fees , will eat you up... plus all the clauses in the contract, some are realistic and others are unrealistic... I learned so much about the pay and the ways of the league ..
@daquanmcdonald71043 жыл бұрын
I told ppl we don't know what those contracts say all we hear is the pay...
@JD-tn5lz2 жыл бұрын
Yeah, ESPN and the others want to put the Big number out there to get you interested in the article/interview. Real life is boring as far as ESPN is concerned
@MGR-yj9ln Жыл бұрын
you know 0 people who played in NFL
@kcluu93902 жыл бұрын
As a tax accountant that worked with a few agents and their clients, this is absolutely true.
@omarr43604 жыл бұрын
If this thing gets taken down, you doing the right thing✊!!
@laryanryan91703 жыл бұрын
Why would it be taken down? Everyone knows this already.
@DESIGNS-vo1mt3 жыл бұрын
So is he doing the wrong thing, because it's still up
@owdeezstrauz12682 жыл бұрын
This has to be the most educational NFL video I've ever watched.
@JamesDiggins-ep9wp8 ай бұрын
Yeh he is a clone. L.O.L
@MdhLV2 жыл бұрын
When you see how difficult it is to even make it to the NFL you can understand why they get paid as much as they do. It's a business. They deserve every penny
@user-gj6yb2qc7e2 жыл бұрын
The NFL is the easiest league to make it to out of all of them.
@steadydropnem Жыл бұрын
@@user-gj6yb2qc7e maybe the easiest League to make it into but the hardest League to remain in and remain consistent plus healthy injury wise so technically it’s a double edged sword not to mention bigger rosters so more opportunities but also more competition✅✅ there’s a reason the Average NFL career only last 3 years.
@doneoj4 жыл бұрын
Salute to Earn Your leisure for this ground breaking black media for your eye opening reporting
@eldcool32903 жыл бұрын
I’m white. Don’t say black, that’s turns me off. This is just a great show. What if I said white talk show
@doneoj3 жыл бұрын
This is black media! Mainstream media is white media... if you call it what is and it's white, so what??? Not sparing no feelings because you don't want to hear the term 'black'... you can keep you sentiment to yourself... i don't care
@doneoj3 жыл бұрын
Also who cares if the term black turns you off? That just reveals your white supremacist attitude? No one is apologizing for being 'black'
@Tracked350Z2 жыл бұрын
How about you just shut the fuck up. White, black, red, orange, green, doesn't matter. You sound like a black racist which tells me you are also a fucking hypocrite. Shut the fuck up, enjoy the content, and YOU stop being racist. You are apart of what holds back the black community. See peace, instill color into YOUR brain, and see people for who they are.
@doneoj2 жыл бұрын
@@Tracked350Z no one cares that you are butt hurt over the term, i would'nt be surprised if you was one of those alphabet folk, ha ha ha
@adatshhc3 жыл бұрын
The fact that guaranteed contracts aren't standard in the NFL is criminal.
@justthisguy19482 жыл бұрын
Yea but nba and baseball don’t have it right either with guaranteed it’s too much power
@gregorymilanovich43842 жыл бұрын
That's the nature of a free market & basing your future on a career with a very short life span instead of developing skills & education that may be slower to develop. I believe this topic is covered in the hare & tortoise parable.
@mattpytlak2 жыл бұрын
@@justthisguy1948 MLB contacts are absolutely fully guaranteed.
@KNByam2 жыл бұрын
Actually it works for the NFL. All sports should have it. NFL players have to compete if they want to get paid. Look at Ben Simmons, who in their right mind wouldn't want the NFL non guaranteed contracts to apply to him right now.
@Danoliveira32 жыл бұрын
@@mattpytlak bobby bonnila can attest to that!
@anthonybanks68243 жыл бұрын
Sent this to my son playing college ball. Great insight about the money and expenses.
@southeast783 жыл бұрын
The only people that really get paid are the owners!
@epsavoy3 жыл бұрын
Coaches too.
@laryanryan91703 жыл бұрын
And the top tier players. And any quarterback.
@ryand45333 жыл бұрын
Tom Brady didn't get paid? Pat Mahomes aint getting paid for real?? Players don't have overhead, owners pay a lot of bills and saleries, insurance, they make what they make because of what they spend. Its an investment if you put up $500,000,000 and buy a team you should be able to at least double that.
@southeast783 жыл бұрын
@@ryand4533 Again, the only people that really get paid are the owners. I never stated that players aren’t getting paid but one would think with the revenue the players generate, there would be a balance.
@ryand45333 жыл бұрын
@@southeast78 Yea I understood. I’m saying the owners actually put up the money. They get the stadiums built, they carry the financial burden of the league. It’s basic business the players just show up and work. They don’t have to invest any of their own money. The players strictly profit off of the league. The owners have to reinvest over and over year in and year out. They show up to the league and invest billions. The players just show up.
@ka92023 жыл бұрын
I'm glad the NFL employs so many people but it's gotta be heartbreaking to be living moment to moment and phone call to phone call
@mpiloenhlesibanda36662 жыл бұрын
The owners are doing it for their own good, the sport is so dangerous you can lose a person after one blow. So the extra people are there to replace the casualties.
@TyTyslickster2 жыл бұрын
This is definitely an eye 👁 opening interview 😳 about NFL player life.
@blacksheep6683 Жыл бұрын
Fascinating insights. Thanks for taking the time to do the interview.
@MPcurtis62 жыл бұрын
Late to the game here, but this is an amazing video. Every NFL fan needs to watch this. Even people who don't know what the letters "NFL" stand for need to watch this. Great interview. I'll sub.
@raavhollywood2 жыл бұрын
Just found this channel. I like it. You just gained a new subscriber
@cashrules5203 жыл бұрын
I see the set up. They made him play the game.. we all football is fixed/righed, he stayed for the money... he was aware of what he had to do. And he did it
@robhorton54773 жыл бұрын
So basically all ya entertainers u see flexin are lyin unless ur in the top 1% of ur profession..glad the truth came out
@laryanryan91703 жыл бұрын
This is nothing new. It's always been that way. The top players get the big money while the lower end players like him get the leftovers. And they always have losers in their family that think they're rich and want money from them. I've known low end players who say their families are the reason they don't want to play in the NFL.
@tocu982 жыл бұрын
Well that talk was an instant sub. Was thinking when he said sorry for taking up your time Sir these men seem very invested in ever word your saying because its all very real and not a word wasted.
@RedLeo-pf9yo2 ай бұрын
I’m barely paying my bills right now, but I still don’t believe these millionaires should pay 50% taxes. That is highway robbery.
@mob16623 жыл бұрын
First time seeing this channel and I ABSOLUTELY LOVE IT!!! Keep spreading the knowledge brothers ✊🏾✊🏾
@GeeCoach353 жыл бұрын
I'm so glad college players can now make money. Maximize your earning potential there so you can have better options once you leave school and you don't have to put your future in the hands of a business that is so unpredictable for 70% of the players, while you destroy your body. If you're a good enough athlete to be a 2 sport athlete with the other being baseball or basketball and you have a choice to which pro sport to enter, fuck the NFL. Your "love for the game" doesn't trump the fact it's a business to the team and if you're drafted and are a good player lucky enough to be good, get your money. Hell, play for money. Damn loyalty to a franchise and damn a championship even because at the end of the day when your playing days are over, unless you were one of the star players and were a marginal back up player, as time goes on, no one will remember you so I bet you'd rather retire with guaranteed millions then that championship ring.
@GoHmble3 жыл бұрын
💯rs
@warehousedave79372 жыл бұрын
Man big respect to anyone who trains hard enough in college to pursue this profession knowing that it can be a gamble landing yourself a career. Takes a lot of belief in yourself. If everyone in our society had this kind of work ethic, we'd be much more prosperous.
@deebosamuel9068 Жыл бұрын
just be good
@jamesnash61013 жыл бұрын
So, all that work in junior high, high school and College may not produce any Financial compensation?
@polopolo81053 жыл бұрын
It's a game anyways.
@4muttsbbq973 жыл бұрын
great conversation - a lot of insight into the financial side that many miss
@JD-tn5lz2 жыл бұрын
Wow. Eye opener. Great video guys, the scale is very different, but it's entertaining to hear this guy talk about the same issues that I hear in the workplace. Taxes, personal expenses, management by penny pinching... Great job guys, I now have alot more empathy for professional athletes
@mpiloenhlesibanda36662 жыл бұрын
Some here, it's a hard life. I thought I got it, but it's hard. I can only imagine what Ben Simmons is going through.
@epsavoy3 жыл бұрын
EXCELLENT and ARTICULATE INTERVIEW. THank you for this platform and Information.
@corey-26h143 жыл бұрын
Moral of the story get your education in college JUST IN CASE.
@nicholasalford55453 жыл бұрын
No get yourself a trade
@laryanryan91703 жыл бұрын
This ninja said learn a trade instead of getting a degree that's paid for by the school.
@daquanmcdonald71043 жыл бұрын
Or invest that money I mean you get enough just by playing
@mpiloenhlesibanda36662 жыл бұрын
True
@thevolsteadvolstead59422 жыл бұрын
@@nicholasalford5545 No! Get yourself a degree. This dude is intelligent. Max out your investment.
@RedLeo-pf9yo2 ай бұрын
It’s cool to hear this from a perspective of somebody that is just trying to make it. Because all we ever hear about is the NFL paying out all these big contracts. I’m glad to see Brother kept trying over and over again.
@greenpickle96062 жыл бұрын
My buddy played for Tennessee for 3 or 4 years. 53 man starter. It’s a nasty business.
@bjgonz8712 жыл бұрын
Low drafts and undrafted aren't promised anything, everyone knows the first 2 rounds are guaranteed a job ,doesn't mean they will start. The reason why most players are broke after they pay their lawyers, agents and giving family money they want to live for the moment. Some get at least 30k a week and blow it on the club,strippers ,expensive champagne and dinner,jewelry ,cars and clothes, so by the time the season ends they're broke off season
@kjjr9550 Жыл бұрын
also young during playing career. we all do stupid stuff when you are young and not thinking about retirement. For most its your first real job also.
@inkyandthebrain4 жыл бұрын
Damn this shit opened my eyes. He said his checks were 4K after taxes. I make more than that selling insurance 👀
@theblessed18484 жыл бұрын
How do I start selling insurance ?
@derrickrhame40774 жыл бұрын
YES,the whole game is the white owners also Attorney ,Physicians etc already raped their pay check before they see 1 dam dime
@francisformlyknownasc.i.a21284 жыл бұрын
Yeah and they tax you at the end of the year lol
@francisformlyknownasc.i.a21284 жыл бұрын
-InkyAndTheBrain - at bittybitty lol
@alexanderthegreat56493 жыл бұрын
And yet people who use athletes to take out their frustrations love going "you're getting paid millions to play a sport/hobby" and use that as an excuse to talk all kinds of mad shit and really just take out their personal frustrations for not being rich. "They're rich they don't have anything to worry about I can say all this ridiculous shit about them." There's more situations like this than guys making the big bucks, yet he's looked at as the same if he got a job at Trader Joe's(like the actor from Cosby Show) which There's absolutely nothing wrong with someone working a normal job no matter what kind of celebrity they have/had it should be applauded they aren't big headed enough to think they're to good for a 9 to 5, he'd be killed as someone who "blew millions" or a "dummy for having to work now."
@sugadaddy70503 жыл бұрын
Wow. I learned a lot from this. I always knew the NFL was shady, but this was some next level dirt-baggery right here...
@LowercaseKev2 жыл бұрын
I tell you what. I love that he is not only a nfl player but also a financial literacy professor at a college. That's amazing
@railTaterman3 жыл бұрын
Now what shouldn't happen is you paying taxes in another state for one game you dont live there or work there for 6 months or more theres no reason to pay taxes there
@LuxeprivaeMedia2 жыл бұрын
or at all.... Actually @the 13 min 20 second mark. You are 💯 incorrect about Taxes being 50% off the rip. read and ask questions. Feel free to message me for the factsband how to find out for yourself. Its not what you know but what you know that isn't so... Feel free to show your lawyer and CPA this Evidence of law👇🏿 then get at me for the real info that your high payed suite will dare not show you.... For Federal tax purposes, the Federal Regulations govern. "Lyeth v. Hoey, 1938, 305 U.S. 188, 59 S.Ct. 155, 83 L.Ed. 119 Federal Crop Ins. Corp. v. Merrill, 332 U.S. 380 (1947) “anyone entering into an arrangement with the Government takes the risk of having accurately ascertained that he who purports to act for the Government stays within the bounds of his authority ... [a]nd this is so even though ... the agent himself may have been unaware of the limitations upon his authority ” Long v. Rasmussen, 281 F. 236 (D. Mont. 1922) " revenue laws are a code or system in regulation of tax assessment and collection. They relate to taxpayers, and not to nontaxpayers. The latter are without their scope. No procedure is prescribed for nontaxpayers, and no attempt is made to annul any of their rights and remedies in due course of law. With them Congress does not assume to deal, and they are neither of the subject nor of the object of the revenue laws."
@delscott9583 жыл бұрын
Why sacrifice your body and ability for THEIR entertainment when they won’t even compensate you “fairly” for it. Wake up Bros.
@A_Easley3 жыл бұрын
Because they do compensate you fairly. Where else you going to make a million in a year? By being one of the top guys at most companies? These guys get it for being athletic. They made the right choice by signing the contract, but what they need to do is be better with money. Most athletes truly aren’t good with money.
@smthmn3 жыл бұрын
When you love the game you love the game and the game is still paying more than regular jobs. Also what's "fairly"? They get paid pretty well. My only complaint with NFL contracts is the unguaranteed money if a guy gets hurt
@OnyoMeji3 жыл бұрын
@@A_Easley did you read the description....$1 mill to really making $30k. Given the amount of damage they do to their body... the pay is not worth it.
@OnyoMeji3 жыл бұрын
@@smthmn agreed unguaranteed contracts are just trash for what these guys put their bodies through. Contracts don't have to be in the millions. It can literally by $70k. But they don't do that, they just use these guys cut them and move on....just trash
@A_Easley3 жыл бұрын
@@OnyoMeji if you watch the video it explains it. The number doesn’t magically go down. If you are on the active team you make what the contract states. If you are a practice player you make their minimum which is around 500k+. And if you are just a player that is trying to make the team, you get compensated for that. It isn’t really as unfair as people would like to make it out to be. If you think it’s so bad then don’t sign that contract or just quit and go somewhere else.
@TrillYungWavy3 жыл бұрын
The NFL is like the Military.. you don’t really reap the benefits from it until you’re out and damn near broken into pieces
@DevylsAdvocut2 жыл бұрын
Love this Brandon guy, will be a good mentor to young players after he’s done. I sense a calling for him to cover this stuff with young pro athletes.
@j3beachboy3 жыл бұрын
I remember we use to talk to dez Bryant about the nfl one thing i remember he said if he miss a day of practice that cost him 50k
@josephmorales6522 жыл бұрын
Cost him a teachers salary
@david1hunnitt3 жыл бұрын
If he would’ve made the 53 man roster he would’ve made a whole lot more, but as an undrafted player he’s not getting much or at all in guaranteed money especially before the season starts.
@BusaD24392 жыл бұрын
But to say you get 40k out of 1.something million is peanuts.
@TexasNewsOwL3 жыл бұрын
Just about like most jobs. You can be let go anytime. Especially if your not doing your job correctly. Rookies use to not have a cap. But rookie contracts were getting out of control with huge signing bonsuses.
@pattrell52573 жыл бұрын
My first cousin can relate to what he's talking about for a team in the same area(Washington Redskins). My first cousin and incoming players were sent packing for Deion and some other players(2000 or 2001).
@cb750k1974Ай бұрын
Practice squad guys are always taxed at the teams home state......right?
@mazukamba25732 жыл бұрын
Omg. all this time I thought these guys were making all this money just for fun but I see that what we call a game, is a job. Great 👍🏼 interview.
@eldcool32903 жыл бұрын
University of Pennsylvania. Smart guy
@whoami45583 жыл бұрын
I dont even know how i ended up here but i did watch the whole video...it was interesting
@ezmoney18963 жыл бұрын
A+ Interview. Very informative
@4Horsemen4Life3 жыл бұрын
Now I see how athletes can go through millions of dollars, so many different pitfalls and expenses.
@cortezwatson92122 жыл бұрын
Yea because they never had millions
@juscuzable3 жыл бұрын
This was extremely interesting!! Great show
@firstname56082 жыл бұрын
This was good, everybody sees the glitz snd glam, but the behinds the scene knowledge....this need to be a required course for all rookie players
@1972dsrai Жыл бұрын
That’s a tough start to a career especially when you think you’ve signed for the next few years but get cut after four weeks. Hopefully you’ve haven’t started the spending too early with a new car which you might end up having to return. On top of that the money isn’t even guaranteed and lets not forget the income and state taxes. From London, UK.
@saritamoorebansa44852 жыл бұрын
Awesome video…… Honest and informative about the NFL…. Taxes should be discussed more…. Taxes are a trip for the common man let alone for Big earners….
@JD-tn5lz2 жыл бұрын
Tax man will always find a way to screw the working man. Always
@LuxeprivaeMedia2 жыл бұрын
I discuss tax every day.....
@INSIGHTCO2 жыл бұрын
Just found this; amazing interview!
@purpjones10333 жыл бұрын
Why the hell he getting a table at the draft knowing you not even a top 100 player
@jameschamberlain98212 жыл бұрын
I went to school for economics and I always laugh at the owners acting like they'll go bankrupt if they pay out the money 🤣
@MauriceMamba2 жыл бұрын
@wh$app+① (②①⑦) ②⑦①-④③⑧⑧ all of y’all Scammers do the Same thing. You leave your messages when 1 person comments. So SICK.
@redeye75403 жыл бұрын
Very informative, every young brotha with aspirations of becoming a professional athlete in the nfl especially should check this out
@bankstone122 күн бұрын
Good information. The everyday fan things NFL players are ungrateful and spoiled when they hold out for guaranteed contracts, but have no idea the financial and physical sacrifice these young men make
@plaibwoy4 жыл бұрын
This is Standard Operating Procedure of the NFL. NFL players and the players union bowed down to the owners the last time the CBA came up. If they want more guaranteed they gotta be willing to go on strike which most of them are not willing to do
@alexanderthegreat56493 жыл бұрын
It's hard man. I agree with you btw, but gotta look at both sides It's more guys lik this than those making anything big guaranteed and to go on strike can huet even mid level players financially let alone the rest. There's 53 man roster There's probably no more than 10 that's getting good guaranteed bucks and that's not even practice squad level players. It's hard for a person especially a man who likely has a family either wife/kid, or mom/dad that they're trying to support as well to go on strike and have ZERO income for an indefinite amount of time. I get both sides I know that real change sometimes require sacrifices and hard choices on the other side It's easy for me to tell them just make the hard choice when it's not my family being affected only way it's affecting me is I don't get to see a game.
@someperson81513 жыл бұрын
Football is entertainment that makes money by viewers watching it. The best players (star athletes) get the most money. They're the one's the fans want to see. The rest are the supporting cast. The one's who help the stars look good.
@laryanryan91703 жыл бұрын
Most of the players will tell each other to play in the NFL for a few years and try to get at least enough money to buy a nice house, a nice car and truck, and enough money to buy a small business like a fast food restaurant.
@JBoogie19772 жыл бұрын
Awesome video, really informative!
@joeelwell16217 күн бұрын
you get 17 checks ,you gotta money manger for the year
@JSustain3 жыл бұрын
This is really one hell of a video! For everyone except the best and brightest ( or those with a "hook-up), the NFL is not much different from the way things are out here. Perform well, stay out of trouble, and hang on like our forefathers used to. Otherwise, go elsewhere and try again until you find what you can do. "They don't love us hoes..."
@lelandsledge19054 жыл бұрын
Can y'all make a video on the Food Truck industry?
@goodfela42 жыл бұрын
Great insight to the business side of football
@cedricliggins75283 жыл бұрын
The NFL really is a plantation! Thanx for the video. I had no idea.
@rodinowright65913 жыл бұрын
And yet Colin Kap wants to get back there?????
@rodinowright65913 жыл бұрын
@@PascalH9191 you read his quotes?
@carterhaynes9673 жыл бұрын
You understand slavery wasn't a choice but an NFL career is right?
@handsome-brute26663 жыл бұрын
And Cowboys Owner Jerry Jones has the whip
@MrLaonation3 жыл бұрын
The thing about the nfl with all the lawyers and having all the information on every player they hold a lot over their head he’s not talking about the contract he just talking about the price of the contract
@indiebarjohn2 жыл бұрын
Thanks Brandon, great interview
@3mta3ko2 жыл бұрын
Loved this video. What is your guests name? He seems very humble and definitely has more to say and teach.
@jrgomez22832 жыл бұрын
I been looking for a channel like this great content 👌
@flyguygsm85442 жыл бұрын
please explain this to me/us.... "youre an employee of the team just like everyone else is an employee of their job".... For years, we had multi state employees (oilfield and salary job). You might be in Texas for 4 weeks, but our home office, where we are employed, is Oklahoma. We were paid through the office, in Oklahoma, we resided in Oklahoma. We spent months on end in Midland/Odessa. never once did anyone have of us have to pay Texas taxes. I worked in West Virginia, South Dakota, North Dakota, Texas, New Mexico, and Oklahoma. Not once was I taxed anywhere than Oklahoma income tax and federal income taxes. How can you reside in the same state youre employed in, and get taxed for a week by another state??!?! help me here.
@ivanvalentin38982 жыл бұрын
He's either full of shit or something illegal is going on. Jock tax is some made up bullshit law if that is a real thing.
@jameschamberlain98212 жыл бұрын
These owners never cease to amaze me
@Cookingwithquill3 жыл бұрын
The best pod to date
@redflame442 ай бұрын
OMG mind blown.... wow!! if you're a NFL fan.... you need to watch this to get a better appreciation for the players and their finance
@rodneybrown83883 жыл бұрын
NFL (NOT FOR LONG)
@markpang88473 жыл бұрын
NFL (No F-ing Love)
@90sBullsFan3 жыл бұрын
They need guaranteed contracts. That's ridiculous. No wonder that one coach said the NFL stand for Not For Long.
@jayluv343 жыл бұрын
Jerry glanville
@whidbeyhiker43642 жыл бұрын
Every coach should sit his kids down and show them this video.
@JasonBrown0332 жыл бұрын
Very insightful interview! Glad I found this. Remember my name, so hopefully I can point back to this comment as an example AFTER I make my announcement...presuming I follow-through with a plan. ~ jtb
@bryantsherman7263Ай бұрын
Very interesting, thank you for sharing this information.
@vinsonfamilycollectibles82136 ай бұрын
Such an informative video. MyMyMY the things that the general public is shown vs what really goes on. Sports, politics, wall street, hollywood. Owners are owners for a reason.
@user-up4vd5ov8x3 жыл бұрын
I told my parents freshman year of high school after playing football since I was 5 that it was a slave sport. I watched the combine at 14 and was disgusted on how they herd the talent like livestock. Now I respect all the homies that make it and it changes their family situation.
@jimmymoller86403 жыл бұрын
Sorry that the process makes you feel that way. Every player in the NFL had the opportunity to go to college. It a choice to play in the NFL. Success of a player hinges on their physical health and ability.The players get paid good money. It would be foolish to not do such things. Its a business and the only value a player has to the team is what they can do for the team. The players are the product. There is no loyalty on either side .Look into where cellphones are made and conditions in garment factories.Thats modern day slavery.
@user-up4vd5ov8x3 жыл бұрын
@@jimmymoller8640 I agree with you. I should've stated that i used the term "slave sport" as a figure of speech not in the literal sense of players being enslaved. Bread and circus
@innovativeenergy52273 жыл бұрын
That you colin?
@darnellpowell62122 жыл бұрын
Absolute nonsense lol
@hillsidesmoke75923 жыл бұрын
What happens if you undrafted and get hurt in camp?
@martyrawdog3 жыл бұрын
u done
@roberthubbard78272 жыл бұрын
Most at that level will have injury insurance. Just in case.
@Haywerth2 жыл бұрын
If anything, this has made me appreciate pre-season games all that much more.
@Shahmar2 жыл бұрын
Kinda long winded but basically a UDFA can sign 1-4 million dollar contract but it has to be guaranteed. So if you get cut all that you have is your signing bonus and guaranteed money. If you make the practice squad then 50k would be a rounded number + or -. Basically they're testing you to see what your work habits are and whether you're gonna party or hit the play book ,exercise and nutrition. So if you don't get promoted or get cut from the practice squad it's because of either a lack of talent or fit, or red flags.
@jordanflores56872 жыл бұрын
Aspiring athletes nba and mlb is where ya wanna go guaranteed contracts and less damage/risk on your physical well being
@roberthubbard78272 жыл бұрын
My nephew Trey Mancini plays for the Orioles. His rookie contract was almost 500,000/yr. Not sure if it was guaranteed or not.
@tmacman04182 жыл бұрын
Whenever I see someone that is good in both football and basketball, I always tell them to choose basketball: No CTE, no playing in the cold or heat and you're not running into someone at full speed all the time.
@bobp53563 жыл бұрын
Great video. It's amazing what the taxman will do. if it is this bad for football, I'd hate to see how taxes work with baseball.
@RichV203 жыл бұрын
He was only paid $60,000 the first few years as he was barely clinging to the practice squad. He was offered a $1.4m contract, but he never made the roster cut. He was getting taxed on $60k, not $1.4m. His tax rate was NOT 96%.
@laryanryan91703 жыл бұрын
These players need to learn the tax code so they can recoup a chunk of the taxes that's taken from them. He probably doesn't know that renting a place closer to work is considered a business expense along with any job related expenses.
@fishingangler43153 жыл бұрын
@@laryanryan9170 Ah yes, 20 year olds should become tax code experts.
@LuxeprivaeMedia2 жыл бұрын
@@fishingangler4315 Why not? my 10 year old is and teaches Tax law .... Actually @the 13 min 20 second mark. You are 💯 incorrect about Taxes being 50% off the rip. read and ask questions. Feel free to message me for the factsband how to find out for yourself. Its not what you know but what you know that isn't so... Feel free to show your lawyer and CPA this Evidence of law👇🏿 then get at me for the real info that your high payed suite will dare not show you.... For Federal tax purposes, the Federal Regulations govern. "Lyeth v. Hoey, 1938, 305 U.S. 188, 59 S.Ct. 155, 83 L.Ed. 119 Federal Crop Ins. Corp. v. Merrill, 332 U.S. 380 (1947) “anyone entering into an arrangement with the Government takes the risk of having accurately ascertained that he who purports to act for the Government stays within the bounds of his authority ... [a]nd this is so even though ... the agent himself may have been unaware of the limitations upon his authority ” Long v. Rasmussen, 281 F. 236 (D. Mont. 1922) " revenue laws are a code or system in regulation of tax assessment and collection. They relate to taxpayers, and not to nontaxpayers. The latter are without their scope. No procedure is prescribed for nontaxpayers, and no attempt is made to annul any of their rights and remedies in due course of law. With them Congress does not assume to deal, and they are neither of the subject nor of the object of the revenue laws."
@ivanvalentin38982 жыл бұрын
@@fishingangler4315 didn't they go to college? Wtf were they doing?
@Carta87Blanca2 жыл бұрын
Just looked him up he’s bounced around first person to come to mind after thinking of all everything a player had to go through to make the first game is Cody Parkey and how many chances he got even after the double doink teams were still interested that’s crazy
@deesee20512 жыл бұрын
What’s his name ?
@Carta87Blanca2 жыл бұрын
@@deesee2051 check in vid description
@samu-eljackson42113 жыл бұрын
1.2 didn't "turn" into 30k......he got cut so he didn't realize the totality of his contract. Just a little misleading
@netomilt2 жыл бұрын
As long as players continue o show up knowing their salary is not guaranteed, the owners will never change. Stop playing for a while and you’ll see how they change very quickly.
@davidharrison93242 жыл бұрын
what an intelligent and grounded dude..
@jeffswoyer98983 ай бұрын
I assume that he has an IRA and 401-K. I know that the NFL players union have a pension, but how old do you have to be in order to get it? and how many years of "service" do you need? If I was an NFL player, I would have it in my contract for some sort of 401-K match. I started an IRA as a 22 year old 2nd Lieutenant in the Air Force. A lot of my compatriots were living large and expecting that nice military pension. I don't know if they made it to 20 or not. I'm retired now and working as a Substitute Teacher. It amazes me that a lot of teenagers are starting IRAs/401-Ks in high school.
@acpl9801 Жыл бұрын
At 14:35 it,s laid out how CALIFORNIA tax,s visiting teams,say your team flies into san fran to play the 49er,s on saturday then you play your game on sunday and fly out same day.California will tax your pay check for the entire week leading up to the game at 10.25%.