Rodgers Wants Out

[Mark87]

i've seen this happen twice already here in california. a big old crash is coming.

Yes sir 100%, unfortunately, people can't see it or don't want to.

 

[GBP4EVER]

We have zero idea what he has in the bank. None. And from a tax perspective does the $30m become a loss? It’s not simple

He's an aggorant ass he won't give up $90 million IMO

 

[GBP4EVER]

I was thinking the same. But shows that $30m won’t bankrupt him. And yes if he walks he’s still going to be making some coin somewhere

No but 30 million is a lot for a guy with his ego to give back to a team he hates

 

[GBP4EVER]

Just an open question. If Rodgers gives back his signing bonus what are the tax implications? He’s already earned the income, it was taxable. It’s it declared a loss of income?

Good question I am guess he gets some type of credit on the SB.

 

[GBP4EVER]

Rodgers could be worth $5 or $10 mill. We don't really know. He doesn't seem to be a real big spender though, so he's probably fairly well off. But $120 mill? I don't think so.

I have a Cousin who makes as much as Rodgers, and has for seven or more years, and he's only worth about $90 mill.

After taxes Rodgers has booked like around 125 million just from playing not counting endorsments. I think he's not a guy blowing it everywhere so I think at the very least he's worth $50+ million

 

[GBP4EVER]

He dropped $28M (with Danica) for the Malibu mansion.
I wouldn’t say he’s frugal

With property hot right now he could likely resell that for a profit

 

[FlaPack]

After taxes Rodgers has booked like around 125 million just from playing not counting endorsments. I think he's not a guy blowing it everywhere so I think at the very least he's worth $50+ million

His net is well north of $50m

 

[FlaPack]

Good question I am guess he gets some type of credit on the SB.

Well I doubt it’s credit, more can he write it down as a loss, similar to investments or any liquid or tangible asset that depreciates

 

[GBP4EVER]

$28 mill for the Malibu home? In two years he can make 10% on it easily. Home prices in that area keep climbing.

He always has advertising residuals coming in as well. He's not cash poor.

I would not be shocked he and Danica listed it right now they make $5-10 million more then they paid for it.

 

[GBP4EVER]

His net is well north of $50m

Yeah $50 was low I would not be shocked if cash and property and investments he is 9 figures strong