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The IRS position was that what Enron paid for the annuities was in effect a signing bonus.
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Each pick in the draft should have a minimum and maximum dollar amount in terms of signing bonus.
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They want skill and injury guarantees from the start of the deal with a massive signing bonus to boot.
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The San Diego Chargers made him the second player taken over all in the draft, and gave him an eleven-million-dollar signing bonus.
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According to Sports Business Daily, Taillon has received the largest signing bonus for a ball player who signed directly out of high school.
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If he is suspended by the NFL, Vick would be considered in default of his contract, and the Falcons could try to reclaim the signing bonus.
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By the way, the above comment was actually made by an Emory Law School professor at commencement to non-dribbling law school grads that are less likely to get a million dollar signing bonus.
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The union will want another signing bonus.
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However, when a 17 or 18 year old recent high school graduate is receiving a signing bonus that is far greater than the base salaries of hundreds of proven ball players on the major league level, there is an obvious flaw in the system.
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Here is the fundamental obstacle to agreement: Britain's banks feel they cannot unilaterally and permanently cut bonus payments to their investment bankers, without in effect signing a death warrant for those operations (because their top people would quit).
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Then, in order to get your hands on the remaining 10, 000 bonus miles, you have to execute a balance transfer within 30 days of signing up.
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