Florio: 'Bengals care about money, not championships'

[*bfine32*]

(02-26-2021, 08:15 PM)TheLeonardLeap Wrote: He was (is?) paying himself $1m/yr bonus to be GM of the Bengals.

(02-27-2021, 11:52 AM)Wes Mantooth Wrote: I never quite understood this.  Maybe we have a resident CPA on the board could better explain it to me.

No CPA but I did stay a a Holiday Inn Express last night. It's for tax purposes. If he pays himself a salary he can consider it a "reduction in equity" of the company. aka "business expense".