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A signing bonus or sign-on bonus is a sum of money paid to a new employee (including a professional sports person) by a company as an incentive to join that company. [1] They are often given as a way of making a compensation package more attractive to the employee (e.g., if the annual salary is lower than they desire).
These figures include signing bonuses but exclude options, buyouts, and the endorsement deals. This list does not reflect the highest annual salaries or career earnings, only the top 100 largest contracts and thus is largely limited to athletes in team sports and auto racing.
The new offer also doubled a signing bonus to $6,000, and increased the money that Boeing would contribute to 401(k) plans of union members to match contributions they make themselves.
A signing bonus is pretty straightforward. It rewards you additional funds for simply accepting the job. Often a signing bonus comes with a certain time commitment to remain at the company, so ...
Kirk Cousins' 2024 salary. Cousins will make $12.5 million base salary this year with an additional $12.5 million from his signing bonus on top of it. In total, the money the Falcons are paying ...
Outfielder Dylan Crews is getting a $9 million signing bonus from the Washington Nationals, the second-highest agreed to with a drafted player. The 21-year-old LSU outfielder was taken by ...
The Yankees selected Volpe in the first round, with the 30th overall selection of the 2019 MLB draft. [12] He signed on June 10, receiving a $2.7 million signing bonus, and made his professional debut with the Pulaski Yankees of the Rookie Advanced Appalachian League.
The San Jose Sharks had structured Simpson's offer sheet so that most of the money was a signing bonus; Simpson's first year salary would have been less than $200,000 as a result. Earlier in the offseason, Simpson had rejected an offer from Edmonton of $690,000 because it was below the 15 percent raise required to keep him restricted.