chrisfaceoff Posted July 22, 2019 Share Posted July 22, 2019 From Rotoworld: NFL Network's Tom Pelissero reports the holdup in Quinnen Williams' contract talks is "deferment of signing bonus money." Williams wants more of his bonus paid out this year while he is still a resident of Alabama, where the tax rate is lower than New Jersey. The Jets are apparently proposing the lowest percentage of a Year 1 signing bonus that they have ever offered to a first-round pick under the new CBA. Sam Darnold held out the first few days of camp last year before eventually signing. We could be looking at a repeat. Quote Link to comment Share on other sites More sharing options...
Apache 51 Posted July 22, 2019 Share Posted July 22, 2019 1 minute ago, chrisfaceoff said: From Rotoworld: NFL Network's Tom Pelissero reports the holdup in Quinnen Williams' contract talks is "deferment of signing bonus money." Williams wants more of his bonus paid out this year while he is still a resident of Alabama, where the tax rate is lower than New Jersey. The Jets are apparently proposing the lowest percentage of a Year 1 signing bonus that they have ever offered to a first-round pick under the new CBA. Sam Darnold held out the first few days of camp last year before eventually signing. We could be looking at a repeat. Hold this. 1 Quote Link to comment Share on other sites More sharing options...
BUM-KNEE Posted July 22, 2019 Share Posted July 22, 2019 Geeeez. The kid has money smarts I guess 1 Quote Link to comment Share on other sites More sharing options...
CanadienJetsFan Posted July 22, 2019 Share Posted July 22, 2019 Just trade him already. 3 Quote Link to comment Share on other sites More sharing options...
jeremy2020 Posted July 22, 2019 Share Posted July 22, 2019 I didn't know he hand't signed yet. Glad there's a thread for it now. 1 1 Quote Link to comment Share on other sites More sharing options...
Mogglez Posted July 22, 2019 Share Posted July 22, 2019 And so the negotiating through the media begins. Don't blame either side really. Q wants to get the most of his money and the Jets want to get the most team friendly deal possible. Not worried about it. 2 Quote Link to comment Share on other sites More sharing options...
varjet Posted July 22, 2019 Share Posted July 22, 2019 This is the tension here between the NJ tax rate and taking behavior risk, which I think with Quinnen is relatively low. My guess is that the deferred signing bonus is revocable for bad behavior, but not injury. 1 Quote Link to comment Share on other sites More sharing options...
JetsFanatic Posted July 22, 2019 Share Posted July 22, 2019 · 32m Hold-up on Quinnen Williams signing his deal is indeed the signing bonus payment schedule, per sources. Jets prefer larger % deferred. As @TomPelissero noted, the difference is about $100K. Full SB will be $21.68M. Jets taking curious hard-line stance on this to this point Quote Link to comment Share on other sites More sharing options...
CanadienJetsFan Posted July 22, 2019 Share Posted July 22, 2019 He can still be an Alabama resident next year, no? if so, then problem solved. What is it with rookies holding out? Can they prove their worth first? The nfl has to resolve this stupidity. Quote Link to comment Share on other sites More sharing options...
Sarge4Tide Posted July 22, 2019 Share Posted July 22, 2019 1 Quote Link to comment Share on other sites More sharing options...
Bruce Harper Posted July 22, 2019 Share Posted July 22, 2019 30 minutes ago, chrisfaceoff said: From Rotoworld: NFL Network's Tom Pelissero reports the holdup in Quinnen Williams' contract talks is "deferment of signing bonus money." Williams wants more of his bonus paid out this year while he is still a resident of Alabama, where the tax rate is lower than New Jersey. The Jets are apparently proposing the lowest percentage of a Year 1 signing bonus that they have ever offered to a first-round pick under the new CBA. Sam Darnold held out the first few days of camp last year before eventually signing. We could be looking at a repeat. Would love to find out this scoop but couldn't find my to read that print. 1 Quote Link to comment Share on other sites More sharing options...
Maxman Posted July 22, 2019 Share Posted July 22, 2019 Let's go Delaware Jets. Signing free agents will be easy! Only a 4 hour ride from the training facility in NJ. 3 Quote Link to comment Share on other sites More sharing options...
Yucatan Jetfan Posted July 22, 2019 Share Posted July 22, 2019 Just pay the kid already. Don't nickel and dime players you're expecting big things fromSent from my SM-J701M using Tapatalk 1 Quote Link to comment Share on other sites More sharing options...
Bleedin Green Posted July 22, 2019 Share Posted July 22, 2019 I'd imagine with a new front office in place, they don't want to be setting any precedents on their very first "big" signing, especially for a kid they didn't even pick themselves. Not that I agree with the approach, but it's definitely a factor to consider. 2 Quote Link to comment Share on other sites More sharing options...
nycdan Posted July 22, 2019 Share Posted July 22, 2019 42 minutes ago, JetsFanatic said: · 32m Hold-up on Quinnen Williams signing his deal is indeed the signing bonus payment schedule, per sources. Jets prefer larger % deferred. As @TomPelissero noted, the difference is about $100K. Full SB will be $21.68M. Jets taking curious hard-line stance on this to this point The NFL is all about investing in risky assets. But sometimes you have to just bite down hard and get the deal done. If the delta on this is really that small, the Jets are being a bit foolish. Not a good look for a brand new GM to have his top draft pick holding out if it's over something this small. 2 Quote Link to comment Share on other sites More sharing options...
jeTMAC Posted July 22, 2019 Share Posted July 22, 2019 There's no rush on this guy haste makes waste. Hopefully he's eating a lot of potato salad and eating a lot of steak so he can gain a lot of weight so he can clog the middle like a real nose tackle!!! I would like to see him get to 320 lb... Remember Sione Pouha? He was pretty good nose tackle for the Jets!!! Quote Link to comment Share on other sites More sharing options...
New York Mick Posted July 22, 2019 Share Posted July 22, 2019 FFS just pay the ******* guy and get him in camp. It doesn’t cost the team anymore in the long run and I agree with him. The taxes up there are ridiculous. 1 Quote Link to comment Share on other sites More sharing options...
Bleedin Green Posted July 22, 2019 Share Posted July 22, 2019 4 minutes ago, nycdan said: The NFL is all about investing in risky assets. But sometimes you have to just bite down hard and get the deal done. If the delta on this is really that small, the Jets are being a bit foolish. Not a good look for a brand new GM to have his top draft pick holding out if it's over something this small. Except it's not his pick, which I think is all the more reason he'd be motivated to take a strong stance. From his own perspective, it's likely an even worse look to come across as a pushover to another guy's rookie. In the end though, as long as this doesn't drag on for too long, no one will think twice about it when all is said and done. For all of Maccagnan's incompetence that got him deservedly fired, still nobody ever threw the Darnold contract situation in his face once it was over. Quote Link to comment Share on other sites More sharing options...
New York Mick Posted July 22, 2019 Share Posted July 22, 2019 1 minute ago, jeTMAC said: There's no rush on this guy haste makes waste. Hopefully he's eating a lot of potato salad and eating a lot of steak so he can gain a lot of weight so he can clog the middle like a real nose tackle!!! I would like to see him get to 320 lb... Remember Sione Pouha? He was pretty good nose tackle for the Jets!!! No 1 Quote Link to comment Share on other sites More sharing options...
Scoop24 Posted July 22, 2019 Share Posted July 22, 2019 Am I reading this right . This holdout is over a 100k? That sounds crazy jets need to get it together the optics of this alone isn’t worth it . Quote Link to comment Share on other sites More sharing options...
#27TheDominator Posted July 22, 2019 Share Posted July 22, 2019 52 minutes ago, Maxman said: Let's go Delaware Jets. Signing free agents will be easy! Only a 4 hour ride from the training facility in NJ. How slow is that Winnebago? I make it from Brooklyn to Silver Spring in 3:30 and that is avoiding tolls. Quote Link to comment Share on other sites More sharing options...
bitonti Posted July 22, 2019 Share Posted July 22, 2019 27 minutes ago, PoconoJetFan said: Just pay the kid already. Don't nickel and dime players you're expecting big things from Sent from my SM-J701M using Tapatalk once upon a time the Jets were set to pay Jon McGraw more than Darrelle Revis they've changed GM's and HC's about a dozen times since then but the ownership story is always the same: the Johnson family aren't like Sajid Khan. Talc powder is crushing the J&J stock. Owning the Jets is their piggy bank. Money they don't spend is called profit. 1 1 Quote Link to comment Share on other sites More sharing options...
FloridaJetsFan Posted July 22, 2019 Share Posted July 22, 2019 6 minutes ago, Scoop24 said: Am I reading this right . This holdout is over a 100k? That sounds crazy jets need to get it together the optics of this alone isn’t worth it . No, the signing bonus is worth $26 million split up 4 ways annually. Williams wants a bigger cut up front so he keeps more of it in his own pocket, rather than paying ridiculous NJ taxes. 1 Quote Link to comment Share on other sites More sharing options...
Popular Post T0mShane Posted July 22, 2019 Popular Post Share Posted July 22, 2019 I think it’d be worth the $100k hit for me to avoid admitting I was a resident of Alabama 3 2 4 Quote Link to comment Share on other sites More sharing options...
BUM-KNEE Posted July 22, 2019 Share Posted July 22, 2019 Can we just call him Qx2? We already have a Q and this one is 2 times the size. Quote Link to comment Share on other sites More sharing options...
Long Island Leprechaun Posted July 22, 2019 Share Posted July 22, 2019 14 minutes ago, BUM-KNEE said: Can we just call him Qx2? We already have a Q and this one is 2 times the size. Or QE2. Even though it happens to be a lady, not a guy. 1 Quote Link to comment Share on other sites More sharing options...
Warfish Posted July 22, 2019 Share Posted July 22, 2019 NY/NJ taxes suck, news at 11. Quote Link to comment Share on other sites More sharing options...
nycdan Posted July 22, 2019 Share Posted July 22, 2019 53 minutes ago, bitonti said: once upon a time the Jets were set to pay Jon McGraw more than Darrelle Revis they've changed GM's and HC's about a dozen times since then but the ownership story is always the same: the Johnson family aren't like Sajid Khan. Talc powder is crushing the J&J stock. Owning the Jets is their piggy bank. Money they don't spend is called profit. So just for a little fact-checking. J&J stock was at $126/share a year ago. Today it's at $130/share. Not a great YoY gain, but a little north of being 'crushed'. 5 years ago it was $102/share. And Woody's net worth is estimated at over $4B by Bloomberg so I think he's going to be okay and that's not what's driving this decision. 1 1 Quote Link to comment Share on other sites More sharing options...
Jets Voice of Reason Posted July 22, 2019 Share Posted July 22, 2019 Not saying whether it’s stupid or not over the small difference, but the reason this is a thing is because of setting precedents and the slow erosion of negotiating position over time in regards to future negotiations. 100k lost today in present dollars is also 100k lost next year plus more when it comes to that further erosion to the next player’s negotiation in the future the owners reap during the cba negotiations anyways so **** them, but the agents have to dig in to what they can fight for with what they are allowed to bargain against. Quote Link to comment Share on other sites More sharing options...
CTJetsFan Posted July 22, 2019 Share Posted July 22, 2019 2 hours ago, Scoop24 said: Am I reading this right . This holdout is over a 100k? That sounds crazy jets need to get it together the optics of this alone isn’t worth it . Actually, what I just heard on NFLN is that it is over money that would cost Q $100k more in taxes if deferred (vs getting it now). Quote Link to comment Share on other sites More sharing options...
jeTMAC Posted July 23, 2019 Share Posted July 23, 2019 4 hours ago, New York Mick said: No if you don't remember sione po'uha nose tackle for the New York Jets then you don't know New York Jets football my man Quote Link to comment Share on other sites More sharing options...
varjet Posted July 23, 2019 Share Posted July 23, 2019 3 hours ago, nycdan said: So just for a little fact-checking. J&J stock was at $126/share a year ago. Today it's at $130/share. Not a great YoY gain, but a little north of being 'crushed'. 5 years ago it was $102/share. And Woody's net worth is estimated at over $4B by Bloomberg so I think he's going to be okay and that's not what's driving this decision. I don’t know how much of Mom/Woody/Chris wealth is in j and j stock. I thought not a lot. 1 Quote Link to comment Share on other sites More sharing options...
batman10023 Posted July 23, 2019 Share Posted July 23, 2019 5 hours ago, bitonti said: once upon a time the Jets were set to pay Jon McGraw more than Darrelle Revis they've changed GM's and HC's about a dozen times since then but the ownership story is always the same: the Johnson family aren't like Sajid Khan. Talc powder is crushing the J&J stock. Owning the Jets is their piggy bank. Money they don't spend is called profit. I doubt they have much j and j stock Quote Link to comment Share on other sites More sharing options...
Ghost Posted July 23, 2019 Share Posted July 23, 2019 5 hours ago, FloridaJetsFan said: No, the signing bonus is worth $26 million split up 4 ways annually. Williams wants a bigger cut up front so he keeps more of it in his own pocket, rather than paying ridiculous NJ taxes. Isn’t this beneficial for us anyway? We have some cap space at the moment. This will free up cap space in year 2, 3, and 4. Am I right? Quote Link to comment Share on other sites More sharing options...
New York Mick Posted July 23, 2019 Share Posted July 23, 2019 1 hour ago, jeTMAC said: if you don't remember sione po'uha nose tackle for the New York Jets then you don't know New York Jets football my man QW isn’t Po and he isn’t a NT. Quote Link to comment Share on other sites More sharing options...
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