Aldon Smith will pay the 49ers to play this season

Turk

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Some people love football so much they would play in the NFL for free. San Francisco 49ers linebacker Aldon Smith is going one step further.

Smith, who is eligible to return to the 49ers this week after serving a nine-game suspension, will become one of the rare, if not the only player in league history, to pay for the privilege of playing football, according to sources.

After Smith's nine-game suspension, his salary this season will be $1.099 million, with the net after taxes being $525,000. The 49ers will take all of that from his game checks this season for money he owes due to signing bonus forfeiture, according to sources.

But what he makes this season won't be enough to cover what he owes the 49ers, so the team will take another $661,000 after this season, the sources said.

Smith's suspension wasn't reduced to allow him to play Sunday, as many expected because while the linebacker did more than mandated in terms of community service, he did not fulfill the obligations assigned him in terms of his counseling protocol, two league sources told ESPN NFL Insider Ed Werder.

http://espn.go.com/nfl/story/_/id/11846677/aldon-smith-san-francisco-49ers-paying-play-14

:mjlol:

Taxes are a mf'er man :mjcry:
 
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Lord Mecca

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Goddamn that's almost 50% of his money in taxes :mjcry:

Then nikkas wonder why everyone goin to jail for failure to pay taxes :mjcry:
 

The Devil's Advocate

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Goddamn that's almost 50% of his money in taxes :mjcry:

Then nikkas wonder why everyone goin to jail for failure to pay taxes :mjcry:
Nobody ever pays half or close to it

When you got that much money and that famous, there's so many tax loopholes and write offs and bullshyt maneuvers, that millionaire accountants know.

People only go to jail when those shady accountants "forget" to file. Or report less than they made
 

AITheAnswerAI

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Goddamn that's almost 50% of his money in taxes :mjcry:

Then nikkas wonder why everyone goin to jail for failure to pay taxes :mjcry:

No shyt, a lot of athletes don't understand just how much you have to pay in taxes. That's a big reason why they go broke a few years after retirement.
 

mr. smoke weed

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signing BONUS forefeiture? What in the fukk
 

feelosofer

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Wow that's kinda messed up.

On the other hand He's gonna get a 50 milly contract once his rookie deal expires.
 

Reggie

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As long as he gets his act together he'll recoup that and then some on the next massive contract he is sure to sign.
 
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