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NFL fans have been watching Russell Wilson for many years. He went from graduating from NC State with a bachelor’s degree in broadcast/communications, then a master’s degree in educational leadership and policy analysis from the University of Wisconsin to becoming a football player like no other. He’s one of the richest NFL players in the league today and has the third-highest salary. He has been named to eight Pro Bowls, and starred in two Super Bowls (ultimately leading his team, the Seattle Seahawks, to a Super Bowl XLVII win over the Denver Broncos). He holds the record for most wins by an NFL quarterback through nine seasons and is one of four quarterbacks in NFL history with a career passer rating over 100. It’s no wonder, then, that Russell Wilson has a net worth of $135 million and an average annual salary of $35 million, according to Celebrity Net Worth. Celebrity Net Worth and Forbes have both gone into extensive detail about Russell Wilson’s NFL contract, career, and...
There’s a lot to love about Seattle Seahawks quarterback Russell Wilson, but some of his teammates now have another reason. Wilson just gifted each of the 13 Seahawks offensive linemen with $12,000 worth of Amazon stock for a total of $156,000, according to TMZ Sports. Last week, Wilson became the highest-paid player in the National Football League by signing a four-year deal totaling $140 million. “One important lesson I have learned thus far in my career: The memories on the field will last forever, but we have to constantly prepare for life after football,” Wilson said in a letter sent to each player. Wilson said that he often invests in companies that he believes “will grow and change the world,” naming Amazon in his letter. Wilson’s gift could be a big win for the players in the future. Amazon’s stock has increased by about 2,200 percent in the last 10 years, according to CNBC. “You sacrifice your physical and mental well-being to protect me, which in turn allows me to provide...
For the second year in a row, Amazon will pay a grand total of $0 in federal income taxes. This frustrating trend is part of a much bigger problem with the tech giant. Amazon is valued at almost $800 billion as a company. Between 2017 and 2018, Amazon nearly doubled its U.S. profits from $5.6 billion to $11.2 billion, Fortune reported. Despite that, the Institute on Taxation and Economic Policy found Amazon paid no income tax thanks to unnamed “tax credits”. In fact, ITEP reported Amazon will receive a federal income tax rebate of $129 million, working out to a tax rate of -1%. The Trump Administration plays a huge role in Amazon’s lack of payment. ITEP highlighted the 2017 Tax Cuts and Job Act that cut corporate tax rates from 35% to 21%. It also failed to “close a slew of tax loopholes that allow profitable companies to routinely avoid paying federal and state income taxes on almost half of their profits.” But, this isn’t the beginning of Amazon’s tax controversies. In June of...