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Signing Bonus

All articles tagged with #signing bonus

sports8 hours ago

Ravens chase record-breaking deal: a five-year, $287M extension for Lamar Jackson

Baltimore is reportedly pursuing a five-year, about $287 million extension for Lamar Jackson to push his average past $60 million per year, effectively replacing his current two-year, $104 million deal. The plan hinges on cap-efficient structuring (including a large signing bonus and guarantees) and Jackson’s preferences on guarantees; regardless, the Ravens could rework the arrangement later if needed as they work toward making him the league’s highest-paid QB again.

via NBC Sports|
#baltimore-ravens#contract-extension#lamar-jackson
sports1 year ago

Mbappe Joins Real Madrid: $108M Bonus and Dream Come True

French soccer star Kylian Mbappe is set to join Real Madrid on a free transfer, reportedly receiving a signing-on bonus of at least $108 million over five years. The 25-year-old World Cup winner expressed his excitement on social media, calling it a "dream come true." Financial details of the deal vary, with some reports suggesting a higher bonus and a percentage of image rights. Mbappe's move comes after a successful season with Paris Saint-Germain, where he scored 44 goals and helped secure the Ligue 1 title.

via CNBC|
#kylian-mbappe#paris-saint-germain#real-madrid
sports1 year ago

Commanders Release Kicker Brandon McManus Amid Sexual Assault Lawsuit

The Washington Commanders have released kicker Brandon McManus following sexual assault allegations. McManus, who signed a $3.6 million deal with a $1.5 million signing bonus in March, denies the claims and plans to fight them legally. The Commanders have only paid half of his signing bonus and may refuse to pay the remaining amount, potentially leading to arbitration. The team currently has no other kicker on the roster.

via Hogs Haven|
#brandon-mcmanus#nfl#sexual-assault-allegations
sports1 year ago

Commanders Release Kicker Brandon McManus Amid Sexual Assault Allegations

The status of Brandon McManus's $1.5 million signing bonus remains uncertain after his release from the Commanders. The team has not commented on the financial details, and it is unclear if the full amount has been paid. The Commanders might argue McManus should have disclosed any potential issues before signing, but this could be difficult to prove. Half of the bonus was due by April 26, with the remainder due by June 7.

via NBC Sports|
#brandon-mcmanus#commanders#contract
sports2 years ago

"Braves Secure Top International Prospect Jose Perdomo with Record-Breaking Bonus"

Venezuelan shortstop prospect Jose Perdomo has signed with the Atlanta Braves for a $5 million bonus, the largest in the club's history. Known for his defensive development and contact ability, Perdomo is expected to debut in the Dominican Summer League this summer and joins a high tier of Braves prospects with impact potential.

via Battery Power|
#atlanta-braves#jose-perdomo#prospect-rankings
business2 years ago

"Mortgage Broker Employees Face Demands to Return $100,000 Signing Bonus"

Mortgage company Guaranteed Rate is demanding that ex-employees return their signing bonuses, ranging from $100,000 to a million dollars, on the basis that it was a loan. The company, along with its affiliates, has sued former employees who have refused to repay the bonuses, citing violation of agreements and promissory notes. The mortgage market has experienced a significant downturn, leading to lenders seeking the return of bonuses. The situation highlights the challenges faced by mortgage brokers in a struggling market and the legal disputes that can arise over signing bonuses.

via Mish Talk|
#business#ex-employees#legal-dispute
sports2 years ago

Seahawks' Top Draft Pick Devon Witherspoon Absent from Training Camp

Seattle Seahawks rookie cornerback Devon Witherspoon, the fifth overall pick in this year's draft, is expected to miss the start of training camp due to a contract dispute. Witherspoon and the team have been unable to reach an agreement on the payment schedule of his $21.17 million signing bonus, with the player wanting more upfront than what the Seahawks have offered. This makes Witherspoon the only remaining unsigned first-round pick. Despite not having a contract, Witherspoon participated in spring practices, but his absence from training camp will not result in fines.

via ESPN|
#devon-witherspoon#rookie-contract#seattle-seahawks