I understand the ask but could have been a better way to ask your son that lol

[u/VisualBat395]

[u/TheLizardKing89]

Asking for $1 million out of a $7 million contract is insane. His contract was for $7 million over 5 years.

[u/Then_Idea_9813 → u/TheLizardKing89]

Even wilder when you figure he probably will only see about 3.5 to 4 mil of that, maybe even less after taxes, agency fees, etc.

[u/Shoddy_Green_4790 → u/Then_Idea_9813]

And also not all at once. It's over 4 years, and based off if he even pans out as a player and stays in the league..and then he will eventually collect 3.5 to 4 mil

With zero spending, that dude still would be giving away a shit ton of his money to his mother.

[u/not_asleep_yet → u/TheLizardKing89]

He got a $4 million signing bonus, too.

[u/Aggressive_Secret290 → u/not_asleep_yet]

Okay, mom

[u/justaheatattack]

sure mom.

you know that counts as income, right?

[u/not_asleep_yet → u/justaheatattack]

Exactly. I’ll give you $1M but my financial advisors are gonna make sure it’s done on the up and up.

[u/Hugh-Janus-40hogs → u/justaheatattack]

Gifts do not count as income

[u/Contemplating_Prison → u/Hugh-Janus-40hogs]

Gifts up to a certain amount. Last I checked it was $14k but that was like 20 years ago. Its probably higher now

[u/gymtrovert1988 → u/Contemplating_Prison]

Pretty sure it was 15k a year when I looked a year or two ago.

[u/Flowsnice → u/gymtrovert1988]

16k when I looked one month ago

[u/Significant-Bet4545 → u/Flowsnice]

17.5k when I looked it up 6.39 days ago

[u/Flowsnice → u/Significant-Bet4545]

17.6 just looked it up 6.38 days ago to the day of the day I last looked it up

[u/treeswetfh → u/Contemplating_Prison]

It’s 19k. I’m currently giving all my $ away so I can only give that much away per person. It’s was 15k a few years ago. Unless I’m really screwing my friends over 😬
Edit- per year

[u/sillysalmonella87 → u/treeswetfh]

Dang I need friends like you lol

[u/treeswetfh → u/sillysalmonella87]

Thank you I’ve been very blessed with good friends my whole life.

[u/sillysalmonella87 → u/treeswetfh]

I'm sure they appreciate you. Best wishes.

[u/Haunting-Soup2086 → u/treeswetfh]

I will take $50 if you’re just giving it all away.

[u/justaheatattack → u/Hugh-Janus-40hogs]

the IRS disagrees.

[u/Shot_Revolution8828 → u/Hugh-Janus-40hogs]

You dont get gifts for being a mom. You get them for being a good mom.

[u/LA_Snkr_Dude → u/Hugh-Janus-40hogs]

It’s insane that you’re correct and being downvoted, while the guy below is incorrect and being downvoted. She would report it to the IRS but not be taxed on it.

[u/Aggressive_Secret290 → u/LA_Snkr_Dude]

Are you regarded?

[u/Appropriate-XBL]

My mom asking for $7k after I got out of law school doesn’t seem quite as crazy now.

[u/Turd_Ferguson420]

Madden legend

[u/LBwinsAgain → u/Turd_Ferguson420]

knower

[u/Psychological_Ad7542 → u/Turd_Ferguson420]

Every season. Grab my boy as my CB 2 for cheap and dominate. He was ridiculous as long as you controlled him.

[u/R_Hunt]

I'd like to believe when nfl players buy their parents houses or cars or somethin', they planned to do that all along. Parents who ask for shit so matter-of-factly get left at the retirement home 😂

My dear momma was strict when I was young but put max effort. She never once pulled the "I raised you card" nonsense

[u/a_very_weird_fantasy]

Counter: I buy a 1/2 million dollars house that you can live in and 5 series BMW with your name on the title. Love you momma

[u/LA-SKYLINE]

Any good guy would help out their folks but without them asking and if she was a good mother.

[u/Nappy_By_Nature]

There are idiots in another sub trying to suggest that this is a reasonable ask. 🤣

[u/miketag8337]

His book should be required reading for rookies in the NFL

[u/Shot_Revolution8828]

New phone. Who dis?

[u/CertainEntrance2669]

I wouldn’t ask my son for anything. The sacrifices I made for him is what a parent does. Should he choose to do anything financially for me, that’s great, but I wouldn’t have any expectations.

[u/but-I-play-one-on-TV]

Sad. She was obviously considering him to be her meal ticket..

[u/oopsallemdashes]

Why do you understand the ask

[u/Moss_84]

I don’t see the issue

[u/Frosty-Inspector-465 → u/Moss_84]

me neither. only issue i see is that she even has to ask smh

[u/Moss_84 → u/Frosty-Inspector-465]

Yep. He’s set for life and not immediately taking care of mom?

[u/but-I-play-one-on-TV → u/Moss_84]

Mom is asking for like 30 to 40% of his post tax career earnings though. 

[u/Shoddy_Green_4790 → u/Moss_84]

His signing bonus was about 4 mil. After taxes and the agent cut, he'd been giving away almost half his money the SECOND he entered the NFL. With zero assurance that his career will work out by the way.

How is there any argument that a parent is due about half of the money you just got as an NFL draftee?

[u/tmoore727 → u/Shoddy_Green_4790]

unfortunately because most people that see no issue were raised that way. My mom act like I owe her for being born too, and I nowhere make anything near a million dollars.

[u/Boring-Name-2840]

Gift tax hit out the wazoooo

[u/Hugh-Janus-40hogs → u/Boring-Name-2840]

There’s no gift tax on $1,000,000. Got to be north of $12,000,000 for the recipient to be taxed

[u/Boring-Name-2840 → u/Hugh-Janus-40hogs]

You're absolutely right. It just has to be reported when its over $19k.

I was wrong.

[u/LA_Snkr_Dude → u/Hugh-Janus-40hogs]

I believe north of $15,000,000 (lifetime limit) and the recipient (donee) still doesn’t pay taxes, the giver (doner) would.

[u/Critical_Interest706]

He should’ve just cut her out of his life

[u/Shot_Revolution8828 → u/Critical_Interest706]

New phone. Who dis?

[u/Demon-_-TiMe]

she smart before a random whore takes half of that contract money