joseephuss
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Eddie;2139349 said:$360K won't get anything in NYC. Maybe a 3 bedroom condo in one of the poorer neighborhoods.
It's not like Henry's spending on million dollar homes. The price of his home is reasonable.
Don't forget ... his agent gets 15%, and I'm sure others are taking a cut of his money. Then he's taxed on the full amount. He'll be lucky to see a quarter of that $1 million signing bonus.
Sure he will have less than the total contract pays out. I don't know if his agent gets 15%. It is probably less, but not much less. Even at 15% Henry should see about half of that $1 million signing bonus.
A big factor for his money woes is probably his legal expenses. Those can mount up fast especially when you are constantly in trouble like Henry has been. If he led a different off the field life he would probably still be in good shape financially. Missing half a season means missing half of his income for that year. Stay out of trouble and you get paid and don't have to pay a lot to lawyers.