View Full Version : Mike Wallace Turned Down More Money From Vikings To Sign With Dolphins
86WARD
03-28-2013, 07:52 PM
The Miami Dolphins handed Mike Wallace the richest contract among this year's free agents, good for $27 million in guarantees and $60 million over five years.
To hear Wallace's father tell it, the speedy wide receiver's pay day could have been even higher. Mike Wallace Jr. claims his son actually turned down more money from the Minnesota Vikings. The St. Louis Rams and Seattle Seahawks were among the teams that also showed interest, according to Wallace's dad.
A native of New Orleans, Wallace has had designs on heading south since the Pittsburgh Steelers neglected to meet his long-term contract demands last offseason.
"The (Vikings) had come to the point where they were telling him, 'You don't have to live here, just be here during the season,' " Wallace's dad recently told The Miami Herald. "He wanted to get out of that snow and cold weather."
NFL.com (http://www.nfl.com/news/story/0ap1000000155184/article/mike-wallaces-dad-says-vikings-offered-richer-contract)
Count Steeler
03-28-2013, 07:58 PM
Hope they play the Steelers in December. During a blizzard.
polamalubeast
03-28-2013, 08:03 PM
......
salamander
03-28-2013, 08:10 PM
Hope they play the Steelers in December. During a blizzard.
Now that would be funny.
zulater
03-28-2013, 08:11 PM
Florida doesn't have state tax, so if the difference was marginal he might make just as much with the Phins?
Dwinsgames
03-28-2013, 08:16 PM
Probably after carefully PONDERing the situation
Bluecoat96
03-28-2013, 08:38 PM
Probably after carefully PONDERing the situation
BOOOOO!!!! :lol:
Seven
03-28-2013, 09:29 PM
Millions of dollars in Miami with a shitty team > millions of dollars in Minnesota with a shitty team
GBMelBlount
03-28-2013, 09:41 PM
Hope we knock his block off.
http://t3.gstatic.com/images?q=tbn:ANd9GcTqkXoCx2rwRq4M10VQb82ftfeunxX_o _ZNGAI5ZJOJXSHtd-p1
steelreserve
03-28-2013, 10:48 PM
Florida doesn't have state tax, so if the difference was marginal he might make just as much with the Phins?
For a guy in the top tax bracket, Minnesota takes almost 8%. So in Wallace's case, that'd be nearly $5 million. Yeah, I can't say I wouldn't do the same thing if I was in his shoes. Here, let me take a million bucks less per year so I can sit around freezing my ass off and be the only black guy in the city, sounds great.
You know what, you would THINK that would be a huge advantage for certain teams. Like ... Florida at 0% compared to San Francisco, Chicago, New York at 10+% - for the Dolphins and Bucs, that's like having an extra $12 million in cap space.
BnG_Hevn
03-29-2013, 03:06 PM
I was under the impression that you're taxed based on where you live, not where you work. For example, I believe in the military, if you list your hometown as your address, that is how you're taxed.
If I were to telecommute, I would think that the state I live in would get first crack at my money, not the state where my employer is located.
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In fact, I'm pretty certain. 6 years ago I was interviewing with a company located in Philly, which has outrageous taxes. If I were to live anywhere else, I wouldn't be paying Philly taxes.
86WARD
03-29-2013, 10:51 PM
If you work in the city of Philadelphia, you pay city wage tax and you write that off against your local taxes. You do pay tax for working in Philadelphia...even if you live in one of the 5 counties surrounding...if you're company is based in Philadelphia but you have say a sales territory that is elsewhere, then you do not pay those taxes to Philadelphia. You'd pay your local taxes (Berkheimer or whomever.)
GBMelBlount
03-30-2013, 08:07 AM
Millions of dollars in Miami with a shitty team > millions of dollars in Minnesota with a shitty team
So does Tannehill throw a good long ball?
That to me would seem to be a big determinant of how valuable / well utilized Wallace is by a team.
Seven
03-30-2013, 08:13 AM
So does Tannehill throw a good long ball?
That to me would seem to be a big determinant of how valuable / well utilized Wallace is by a team.
Honestly I don't know that Wallace particularly cares.
Dwinsgames
03-30-2013, 08:52 AM
So does Tannehill throw a good long ball?
That to me would seem to be a big determinant of how valuable / well utilized Wallace is by a team.
he throws a better deep ball than Ponder , no question about it ... has MUCH better arm strength
GBMelBlount
03-30-2013, 01:09 PM
he throws a better deep ball than Ponder , no question about it ... has MUCH better arm strength
I think if Ben had a better long ball we could have gotten a lot more production from Wallace.
Count Steeler
03-30-2013, 01:35 PM
I think if Ben had a better long ball we could have gotten a lot more production from Wallace.
No question. Many passes to Wallace were under thrown and not many hit him in stride.
zulater
03-30-2013, 08:21 PM
Funny enough the last two games of the season Ben hit Antonio Brown in stride with three- forty+ yard bombs. ( one was nullified due to an unrelated penalty.) Maybe it has something to do with running more precise routes too?
Count Steeler
03-30-2013, 09:49 PM
Funny enough the last two games of the season Ben hit Antonio Brown in stride with three- forty+ yard bombs. ( one was nullified due to an unrelated penalty.) Maybe it has something to do with running more precise routes too?
That is a possibility. I hope our WR woes were due to Wallace's attitude and Montgomery's failure to reel him in.
fansince'76
03-30-2013, 10:00 PM
Funny enough the last two games of the season Ben hit Antonio Brown in stride with three- forty+ yard bombs. ( one was nullified due to an unrelated penalty.) Maybe it has something to do with running more precise routes too?
Holding onto the ball when it hits one in the hands helps a lot too...
XxKnightxX
03-31-2013, 10:47 AM
So does Tannehill throw a good long ball?
That to me would seem to be a big determinant of how valuable / well utilized Wallace is by a team.
Tannehill has a cannon for an arm, especially when hes on the move.
No doubt Wallace made the best move. I would take that payday over any other team. I would rather live in Miami than Pitt too. Living by the ocean is just about the best place one can live.
http://www.facebook.com/photo.php?v=10200109751165314&set=vb.1196323770&type=2&theater
GodfatherofSoul
03-31-2013, 05:03 PM
Living by the ocean is just about the best place one can live.
http://www.facebook.com/photo.php?v=10200109751165314&set=vb.1196323770&type=2&theater
When you have that much money, that guy is in the closest equivalent of paradise. All the hot women of LA with 1/2 the attitude and delusions of acting careers!
86WARD
06-13-2013, 09:29 AM
There were many players who came out of free agency this offseason with a foul taste in their mouth, Mike Wallace wasn't one of them.
The playmaking wide receiver landed a five-year, $60-million deal with the Miami Dolphins. Wallace was happy to secure the contract he wanted, but he doesn't like any misconceptions that might have come with it.
"In free agency, with so many great guys, when you get the prize deal, it's always a good feeling," Wallace told USA Today after Wednesday's minicamp practice. "I just wanted to be happy. Money isn't everything. A lot of people last year, when I held out in Pittsburgh, took it the wrong way, felt like I was just being greedy."
Wallace's father, Robert Wallace II, said his son turned down a $76 million offer from the Minnesota Vikings. According to the father, the Vikings tried to sell Wallace on the idea that he only had to spend time in cold and snowy Minnesota during the season,Wallace had his heart set on South Beach all along.
"I know this: He's going to give Miami their money's worth," Wallace's father said. "Dolphins fans are going to love him. He worked hard and deserved everything he got. So don't call him selfish."
NFL.com (http://www.nfl.com/news/story/0ap1000000211844/article/did-mike-wallace-turn-down-76-million-from-vikings)
steelreserve
06-13-2013, 11:36 AM
"In free agency, with so many great guys, when you get the prize deal, it's always a good feeling," Wallace told USA Today after Wednesday's minicamp practice. "I just wanted to be happy. Money isn't everything. A lot of people last year, when I held out in Pittsburgh, took it the wrong way, felt like I was just being greedy."
... and care to explain why they shouldn't have felt that way, dicko?
silver & black
06-13-2013, 11:45 AM
Don't pro athletes have to pay state tax in every state they play in?
steelreserve
06-13-2013, 12:02 PM
Don't pro athletes have to pay state tax in every state they play in?
Not quite. Some of them can dock you a little bit, some don't, sometimes you get credits for that in your home state and sometimes you don't, sometimes cities also charge a tax themselves, and basically the whole thing is a huge clusterfuck. Anyone and everyone is trying to get their greedy hands on your money (Pittsburgh and Philly being among the worst, actually). Here are a couple of articles on it.
http://www.forbes.com/sites/kurtbadenhausen/2013/04/15/pro-athlete-tax-returns-illustrate-complexities-of-u-s-tax-code/
http://finance.yahoo.com/news/professional-athletes-big-league-tax-071447565.html
The short answer, though, is if you're someone like Wallace with a big contract, it absolutely works in your favor to live and play half your games in a tax-free state.
st33lersguy
06-13-2013, 12:55 PM
I couldn't see a pansy like Wallace living in a place like Minnesota where your typical winter day consists of sub zero temperatures. Miami's glitz and glam life would appeal more to him
Psycho Ward 86
06-14-2013, 11:27 AM
Funny enough the last two games of the season Ben hit Antonio Brown in stride with three- forty+ yard bombs. ( one was nullified due to an unrelated penalty.) Maybe it has something to do with running more precise routes too?
Even funnier is that Brown ranked tied at 47th in the NFL in receptions of 20+ yards. Behind about 8 tight ends
Link:http://espn.go.com/nfl/statistics/pl...false/count/41
zulater
06-14-2013, 02:00 PM
Even funnier is that Brown ranked tied at 47th in the NFL in receptions of 20+ yards. Behind about 8 tight ends
Link:http://espn.go.com/nfl/statistics/pl...false/count/41
Guess they should cut him then.
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The last time the Steelers went into a season with no clear cut x receiver all they did was win the Super bowl. So I guess they can probably survive the loss of superstar Wallace. :yawn:
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