Yannick Ngakoue takes pay cut to facilitate trade from Jaguars to Vikings

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Yannick Ngakoue really wanted out of Jacksonville.

Per multiple sources, Ngakoue agreed to take less money under his one-year franchise tender of $17.788 million to facilitate the trade from the Jaguars to the Vikings.

A one source pegged it, the new salary will be in the range of $13.5 million. (That specific number has not been confirmed, yet.)

It was critical to the trade happening. Teams couldn’t afford to pay him $17.788 million for one year — especially in this year. So his choices were to take what he could get elsewhere or stay in Jacksonville at $17.788 million. Or, as Ngakoue may have done, taken zero dollars this year and not played for Jacksonville at all.

With the Jaguars insisting on getting at least a second-round pick for Ngakoue and unwilling to pay any of his money in order to get the deal done (unlike the Texans last year when sending Jadeveon Clowney to Seattle), the subsidy needed to come not from his prior team but from the player.

And here’s where it gets even more interesting: There was at least one other team from which Ngakoue would have taken even less than what the Vikings are paying him.

So, yes, he wanted out badly. Badly enough to walk away from $17.788 million in a state with no state income tax and to take $13.5 million in a state with a maximum rate of 9.85 percent.

37 responses to “Yannick Ngakoue takes pay cut to facilitate trade from Jaguars to Vikings

  1. Wow the best team in the NFC North just got better. Turns out players are throwing money in the trash to get on board. Super bowl home boy… Skol Vikings!!!

  2. His entire career from turning down a 50 mill extension, to way overestimating his worth, to making a 5 mill pay cut, show that this man has never been good with math.

  3. My favorite was the Sam Bradford trade. A first, a fourth, and then the Eagles destroy the Vikings in the NFCCG and smother any U.S. Bank Stadium SB fantasies dancing through the Viking faithful heads. That was really funny.

  4. This is a lesson for players and management. Keep it in house! Both sides got a lot less than worth value (draft picks and compensation) than should’ve received. Both bickered publicly, and the price was high.

  5. boomboombrown says:
    August 30, 2020 at 10:06 am
    Aaron Rodgers just peed himself a little!
    —————————————
    Actually, Rodgers is overjoyed with yet another lineman he can get a free fifteen yards after being tackled.

  6. Can he play DB or OL in a pinch? Truth is, when your receivers are open early against deer-in-the-headlights rookie DBs, the pash rush doesn’t much matter.

  7. $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

  8. Vikings D was already interesting, now they may be top3.

    If only the offense was exciting…

  9. The Vikings trade away one of the best receivers in the league but trade for an overrated defensive end. Yeah, that makes sense. 🙄

  10. $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

    I may be mis remembering but aren’t the players taxed at the rate of the state that each weeks game is played in. So he will have half his games taxed at the high rate and the other half will be at the rate of another place which will obviously vary every year.

  11. Clowney value just dropped, he should have signed with the browns for 17 million for one year. I would say he signs now for less then 10 million on a year deal.

  12. This wouldn’t be a difference maker for a lot of teams, but adding an outside pressure guy to a team battling Aaron Rodgers for the division crown, gives the Vikings a huge lift. Also, Rodgers has lost a step, and won’t be able to escape pressure like he’s done in the past.

  13. I like the trade – at worst if he leaves after a year, the Vikes get a 3rd round comp pick, so the net loss would be marginal. He’s younger than Hunter,played injured last year, and should flourish under the best D line coach in the league. The D is better, but I still think this is largely a soft rebuilding year. There are questions though: is Hunter hurt worse than advertised? What about the cap implications? What are they gonna do with Ifedi?

  14. Pavel Chernobyl says:
    August 30, 2020 at 11:34 am
    $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

    I may be mis remembering but aren’t the players taxed at the rate of the state that each weeks game is played in. So he will have half his games taxed at the high rate and the other half will be at the rate of another place which will obviously vary every year.

    ———

    You just made his point for him. If the tax situation is better in J-ville than it is in Minnesota, and Yannick STILL wanted to leave, then…yeah, things must be pretty bad on that team.

    Thanks for playin’.

  15. If there is no college football in most of the country, that second round pick is worth a lot Less than in a normal year. This could’ve a steal.

  16. You know people are scared of the Vikings because they constantly trash them. It’s really silly at this point. Good luck to Diggs with Josh Allen.

  17. arealisticpackerfan says:
    August 30, 2020 at 11:14 am
    $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

    ——————————
    Players pay taxes in every state where they play a game

  18. bvolke says:
    August 30, 2020 at 11:31 am
    The Vikings trade away one of the best receivers in the league but trade for an overrated defensive end. Yeah, that makes sense. 🙄

    —————————

    Diggs has never finished in the top 15 in yardage…. Theilen has. Besides, everyone noticed that Diggs’ cheese is starting to slip off his cracker

  19. I wonder what the corporate income tax rate in Minnesota is?

    His income from an NFL team probably paid to Yannick Ngakoue Sports LLC, or some other corporate tax structure. He can pay himself a nominal salary, which gets taxed as personal income. Being a corporation lowers his tax rate. It also allows him to “hire” family & friends to work for him on his foundation or other endeavors, which makes it easier to give them money, lease cars for them (as a business expense), and so on. I’m guessing players who have smart accountants frequently do this.

  20. The Jaguars shipped cancer to the Vikings. This will be pretty to watch. Smart move by Jacksonville dumping their trash for a profit onto someone else.

  21. therealtrenches says:

    August 30, 2020 at 12:09 pm

    Pavel Chernobyl says:
    August 30, 2020 at 11:34 am
    $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

    I may be mis remembering but aren’t the players taxed at the rate of the state that each weeks game is played in. So he will have half his games taxed at the high rate and the other half will be at the rate of another place which will obviously vary every year.

    ———

    You just made his point for him. If the tax situation is better in J-ville than it is in Minnesota, and Yannick STILL wanted to leave, then…yeah, things must be pretty bad on that team.

    ———————-

    You are 100% correct. Players pay the taxes for each state the play in, it is called the jock tax. Example would be playing for the Dolphins who have 0 state income tax. You are also in a division with two New York teams and another in Taxachusitts who have some of the highest tax rates in the country. will you make more? Yes but not that much more.

  22. purpleppleater84 says:
    August 30, 2020 at 9:54 am

    Wow the best team in the NFC North just got better. Turns out players are throwing money in the trash to get on board. Super bowl home boy… Skol Vikings!!!
    ________

    I just love these August Championships!
    The hilarious annual rite of passage for Barney fans everywhere.
    59 long, sad, fruitless years…….and counting. 🤣

  23. Good for the Vikings for taking advantage of this opportunity. I’m sure most NFL teams would be happy to have Ngakoue for a year at that salary. I am curious if he still qualifies for the 20% bump for two consecutive franchise tags or does he lose it for taking less.

  24. So instead of replacing Everson Griffen’s 8 sacks with Odenigbo, who had 7 sacks and makes under a million, the Vikings trade 2 picks for a guy who had 8 sacks and takes a paycut to make $13.5 million.

    That’s progress?

  25. Yawn. Another year another top player takes less money to get to play in Minnesota. It’s not even news anymore at this point.

  26. kissmytaintpatriotswinagain says:
    August 30, 2020 at 5:01 pm
    therealtrenches says:

    August 30, 2020 at 12:09 pm

    Pavel Chernobyl says:
    August 30, 2020 at 11:34 am
    $17.8 million in a state with no income tax to $13.5 million in a state with 9.85% income tax for his bracket. Things must be REALLY bad in Jacksonville.

    I may be mis remembering but aren’t the players taxed at the rate of the state that each weeks game is played in. So he will have half his games taxed at the high rate and the other half will be at the rate of another place which will obviously vary every year.

    ———

    You just made his point for him. If the tax situation is better in J-ville than it is in Minnesota, and Yannick STILL wanted to leave, then…yeah, things must be pretty bad on that team.

    ———————-

    You are 100% correct. Players pay the taxes for each state the play in, it is called the jock tax. Example would be playing for the Dolphins who have 0 state income tax. You are also in a division with two New York teams and another in Taxachusitts who have some of the highest tax rates in the country. will you make more? Yes but not that much more.

    —–

    He’s a cancer. And that tax will hurt when he gets his guaranteed money; that’s the kicker.

    He sorely misplayed his hand.

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