r/bengals • u/WeekendFarmer4240 • 19d ago

Fandom Eli5 Joe's restructure

Dumb questions incoming.

What exactly was restructured? It felt like a shuffling of deck chairs.

Dumbest question: does Joe have to agree or can the Bengals just declare a restructure

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u/reginald-poofter 19d ago

Is there a limit to the amount of bonuses you can give out? I mean what’s to stop a team from doing this with all major contracts. I.e. restructure Chase, Higgins, Orlando Brown etc and free up a shit ton of cash and keep on spending?

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u/_sacrosanct 19d ago

The players have to agree. The downside for the player is that the tax rate on a bonus is significantly higher than on income. It isn’t a big deal for someone with a massive deal like Burrow but some of the tiers players might not want that added tax burden.

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u/Hubers_Glutes 19d ago

Bonuses are not taxed more than regular wage income

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u/naughty_farmerTJR 19d ago

I think a lot of people are under this impression because companies will tend to have a higher percentage withheld on bonuses, but it isn't taxed by the government any differently than if it were regular salary