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Old 04-14-2007, 11:34 AM   #1 (permalink)
DJ Boyer
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How many people got fired over this....



http://sports.espn.go.com/nfl/news/story?id=2837321

Overpaying Westbrook could hit Eagles in cap
ESPN.com news services

An accounting mistake that resulted in running back Brian Westbrook being paid his $3 million roster bonus twice could have salary cap ramifications for the Philadelphia Eagles, the Philadelphia Inquirer reported.

Under the NFL's collective bargaining agreement with the players union, the league could penalize the Eagles for the double payment. The Inquirer reported that according to a team source, while the league has yet to penzalize the team, the Eagles remain concerned another team might challenge the NFL if it does not.

The Eagles have been forced to file a grievance against Westbrook becauase he has yet to repay the money. But according to a team source, Westbrook and his agent Fletcher Smith have acknowledged the error and intend to repay the money, the Inquirer reported.

Westbrook signed a five-year contract extension worth $24.9 million during the 2005 season.
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Old 04-14-2007, 02:30 PM   #2 (permalink)
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Old 04-14-2007, 03:17 PM   #3 (permalink)
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Wow
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Old 04-14-2007, 03:43 PM   #4 (permalink)
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Yeah read that on ESPN. Odds are the Eagles will take a few hundred grand in cap hits for the taxes. I mean, it wouldnt be fair to have Westy return $3million since the taxes on it were already paid and odds are the feds wont return the tax money. Therefore, Westy will return about $2.7million and change and whatever went towards taxes will be charged to the Eagles cap.

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Old 04-14-2007, 05:43 PM   #5 (permalink)
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keep it West haha
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Old 04-14-2007, 05:49 PM   #6 (permalink)
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Amazing...
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Old 04-15-2007, 12:40 AM   #7 (permalink)
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lol...what the ****?
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Old 04-15-2007, 12:54 AM   #8 (permalink)
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WOW
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Old 04-15-2007, 01:25 AM   #9 (permalink)
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happens to the best of us...
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Old 04-15-2007, 02:43 AM   #10 (permalink)
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I think itll be alot more than a few hundred grand, it could be about 1 mil depending on the state income tax in PA.
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