Both Caleb Williams and Rome Odunze have signed contracts today. Time for football.
And I think it will be part of the opening episode of the Bears on Hard Knocks.
Thought sportsmockery was certain Williams wanted to go around the CBA and was going to ask for the keys to the McCasky family mansion and 25% of the parking revenue and 15% percent of concessions on top of 5% of the tv money?
And I think it will be part of the opening episode of the Bears on Hard Knocks.
Thought sportsmockery was certain Williams wanted to go around the CBA and was going to ask for the keys to the McCasky family mansion and 25% of the parking revenue and 15% percent of concessions on top of 5% of the tv money?
During these parts of the season where people are simply just making stuff up, I find taking a nap more interesting than looking at any of the "news" or social media, etc.
And I think it will be part of the opening episode of the Bears on Hard Knocks.
Thought sportsmockery was certain Williams wanted to go around the CBA and was going to ask for the keys to the McCasky family mansion and 25% of the parking revenue and 15% percent of concessions on top of 5% of the tv money?
Thought sportsmockery was certain Williams wanted to go around the CBA and was going to ask for the keys to the McCasky family mansion and 25% of the parking revenue and 15% percent of concessions on top of 5% of the tv money?
The deal is finally done, a day after pretty much everyone reported prematurely that Bears quarterback Caleb Williams had signed his four-year rookie contract.
The process, we’re told, included some creativity by Williams’s camp regarding tax issues.
For example, multiple sources tell PFT that there was an attempt to get Williams paid as an LLC. The Collective Bargaining Agreement doesn’t seem on the surface to foreclose that approach. However, the league decided that it does. The Bears were told by the NFL that the player’s money can’t go to a business entity other than the player.
Another approach emerged from the concept of a forgivable loan, which would have resulted in Williams getting the money tax free until the loan was forgiven, as many as 10 years into the future. The Bears, through the NFL, also nixed that possibility.
The outside-the-box ideas aren’t crazy. Caleb’s father has worked for years in commercial real estate. The ideas he brought to the table were potentially revolutionary. Unfortunately, they never got off the ground.
We’re still waiting to get our eyes on the final contract. We’ve reported that he’s expected to get all of his signing bonus soon. Other questions relate to language that will void future guarantees, along with the question of whether the Bears would be entitled to an offset if they cut Williams with guaranteed money remaining and he signs with a new team.
Skirting the CBA, maybe not on the surface but they did try to get some advantages which the NFL (not the Bears) ultimately rejected.
"This should be a lesson to many of us about the misinformation readily available on the Internet. We need to start learning about reliable sources. We need to start learning that running with rumors is dangerous. We need to understand that the actual truth is harder than ever to find, but it’s there if you look with a skeptical lens."
