Twitter beefers Odell Willis, Nate Coehoorn both took pay cuts

Edmonton Eskimo defensive end Odell Willis may be facing some heat for his decision to criticize former teammate Nate Coehoorn’s retirement but he wasn’t wrong – about the numbers at least.

Coehoorn called it quits on the weekend after six CFL seasons and Odell took issue with the timing and nature of the decision on Tuesday, while also acknowledging he took a pay cut.

CFL sources say Coehoorn did indeed pocket $45,000 in bonus money: a $10,000 bonus on February 1, a $25,000 bonus on Feb. 14 and another $10,000 on April 1. All that money counts against Edmonton’s 2017 salary cap, despite the fact that Coehoorn won’t play a down this season.

There’s an interesting caveat though: The last two payments are on a new contract Coehoorn signed with now-departed general manager Ed Hervey which saw Coehoorn take a $15,000 pay cut. That helps explain the Tweet Coehoorn fired off – since deleted – the day Hervey got fired.

“Crazy news out of Eskimo land. I wonder if giving pay cuts to a lot of veteran players had anything to do with it.”

So Hervey asked Coehoorn to take a pay cut, gave him some up-front money to make it a little easier to swallow, but Coehoorn took the bonus cash and subsequently retired. Seems like they’ve stopped selling white cowboy hats in Edmonton.

As for Willis, he took a $30,000 haircut this season as part of renegotiated deal and will get $18,000 less than he was originally due for 2018. Again, that deal was negotiated with the now-departed Hervey.

The Eskimo Way indeed.

Drew Edwards

Drew Edwards

Drew Edwards is into his eighth season covering the CFL and the Ticats for the Hamilton Spectator. He is the founder and editor of 3DownNation.
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Drew Edwards
About Drew Edwards (1191 Articles)
Drew Edwards is into his eighth season covering the CFL and the Ticats for the Hamilton Spectator. He is the founder and editor of 3DownNation.

11 Comments on Twitter beefers Odell Willis, Nate Coehoorn both took pay cuts

  1. When committed to a Culture and team…you do what’s best for you to stay put! Relationships are give and take. Give up cap space on back end and get $$ upfront! Not one vet other than Nate, who should be very thankful he was anywhere near that pay grade for the actual production, complained about taking a cut! Shocked Nate would say anything! Very Proud Willis stood up for the club! Maybe not so specific but a definite response to the deleted tweet!

  2. One of the things that i have learned form following 3 Down Nation is that the Federal government assesses a lower income tax rate to money paid as a lump sum bonus. So players can take a renegotiated contract for less money but more up front bonus money and end up with more take home pay.

    • Doubt it is working the way you are thinking.

      What is likely reduced is the withholding tax that is a down payment on the final bill. The tax return filed up to April the following year that has all the credits, deductions etc. will true it up.

      One can look at the fact that no tax is taken from the dividends one is paid by a Canadian corporation for owning shares then say ‘no tax is being paid’.

      This does not change that one will receive T5 forms that reports the “tax free” income.

      • What DanoT says is correct for American players, because of the way US tax law is structured to treat bonuses.

        It would not apply to Coehoorn though, as a Canadian, so he would have had to eat the $15k.

  3. Boys, boys, boys, let’s show them what areal game is all about…not about the money, don’t go out there and kill yourselves and your bodies for my enjoyment…this is insane…just go have fun!! No amount of money in the world is worth your mind and bodies health. Just have fun! Stop killing yourselves over this sport! PLEASE!

  4. Hi Penny !

  5. Welcome to the CFL where contracts aren’t worth the paper they’re written on.

  6. SaskWatch // April 14, 2017 at 2:41 am //

    Hmm, shades of Mo Price.

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