Monday, March 28, 2011

Making Money Cash

Sports labor squabbles often are described as billionaires arguing with millionaires over money.

While that's a catchy rhyme that sums up fan frustration, the phrase is not entirely true.

Inspired by a blog entry from the minister of all things AFC South, Paul Kuharsky, I looked at NFL Players Association files to count up the number of AFC East players scheduled for $1 million base salaries in 2011.

Granted, up-front bonuses and incentives can make base salaries misleading. But base salaries are the only figures that create a common ground, player for player.

You'll see a vast majority of NFL players make much less than $1 million a year. Although many will make seven figures before they walk away from the game, careers are short and treacherous. They'll never see that kind of cash again for the rest of their lives.

That's why they're fighting for every dollar now.

Of the 226 players under contract in the AFC East, only 62 of them (27.4 percent) will make base salaries of $1 million or more.

The NFLPA hasn't acknowledged any franchise tags that have been signed. Those players are marked with an asterisk and not factored into the totals.

Buffalo Bills



  • Receiver Lee Evans, $3.275 million


  • Cornerback Terrence McGee, $3.2 million


  • Quarterback Ryan Fitzpatrick, $3.195 million


  • Defensive end Spencer Johnson, $3 million


  • Outside linebacker Shawne Merriman, $2.75 million


  • Defensive end Dwan Edwards, $2.6 million


  • Center Geoff Hangartner, $2.55 million


  • Outside linebacker Chris Kelsay, $2 million


  • Running back Fred Jackson, $1.75 million


  • Defensive lineman Kyle Williams, $1.75 million


  • Kicker Rian Lindell, $1.45 million


  • Punter Brian Moorman, $1.425 million


  • Cornerback Reggie Corner, $1.2 million


  • Receiver Steve Johnson, $1.2 million


  • Safety Bryan Scott, $1.15 million


  • Linebacker Andra Davis, $1.1 million


  • Receiver Roscoe Parrish, $1.025 million


  • Safety George Wilson, $1.025 million


  • Cornerback Leodis McKelvin, $1 million


Base salaries of $1 million or more: 19

Players under contract: 54

Percentage of roster making $1 million or more: 35.2

Miami Dolphins



  • Nose tackle Paul Soliai, $12.47 million*


  • Tackle Jake Long, $11.2 million


  • Receiver Brandon Marshall, $6.5 million


  • Tackle Vernon Carey, $4.15 million


  • Safety Yeremiah Bell, $3.7 million


  • Defensive end Randy Starks, $3.625 million


  • Inside linebacker Karlos Dansby, $2.7 million


  • Inside linebacker Channing Crowder, $2.5 million


  • Tight end Anthony Fasano, $1.9 million


  • Cornerback Benny Sapp, $1.9 million


  • Inside linebacker Tim Dobbins, $1.7 million


  • Cornerback Will Allen, $1.5 million


  • Safety Tyrone Culver, $1.25 million


  • Fullback Lousaka Polite, $1.25 million


  • Receiver Davone Bess, $1.013 million


  • Kicker Dan Carpenter, $1.005 million


Base salaries of $1 million or more: 15

Players under contract: 55

Percentage of roster making $1 million or more: 27.3

New England Patriots



  • Quarterback Tom Brady, $5.75 million


  • Cornerback Leigh Bodden, $3.9 million


  • Tackle Nick Kaczur, $3.4 million


  • Defensive end Ty Warren, $3.1 million


  • Center Dan Koppen, $2.9 million


  • Safety James Sanders, $2.8 million


  • Tight end Alge Crumpler, $2.4 million


  • Outside linebacker Tully Banta-Cain, $2.3 million


  • Receiver Deion Branch, $2.2 million


  • Receiver Wes Welker, $2.15 million


  • Kicker Stephen Gostkowski, $1.7 million


  • Cornerback Jonathan Wilhite, $1.2 million


  • Offensive lineman Dan Connolly, $1.025 million


  • Inside linebacker Gary Guyton, $1 million


Base salaries of $1 million or more: 14

Players under contract: 60

Percentage of roster making $1 million or more: 23.3

New York Jets



  • Quarterback Mark Sanchez, $14.75 million


  • Inside linebacker David Harris, $10.1 million*


  • Cornerback Darrelle Revis, $6 million


  • Tackle D'Brickashaw Ferguson, $5.615 million


  • Inside linebacker Bart Scott, $4.9 million


  • Outside linebacker Calvin Pace, $3.855 million


  • Outside linebacker Bryan Thomas, $3.2 million


  • Guard Brandon Moore, $2.75 million


  • Running back LaDainian Tomlinson, $2.425 million


  • Center Nick Mangold, $2.26 million


  • Defensive end Mike DeVito, $2.125 million


  • Safety Jim Leonhard, $1.95 million


  • Receiver Jerricho Cotchery, $1.8 million


  • Defensive tackle Sione Pouha, $1.28 million


  • Quarterback Mark Brunell, $1.25 million


Base salaries of $1 million or more: 14

Players under contract: 57

Percentage of roster making $1 million or more: 24.6

Zecco iPhone app. Zecco recently released their free iPhone app, Zecco Mobile Lite, which is already among the highest rated investment apps in the iTunes store. The iPhone app also works on the iPod Touch and iPad. The good news is that anyone can use it for stock research, updates, tracking your portfolio, maintaining a watchlist, real time streaming quotes, and free push alerts. The downside to the app is that you can’t make trades from it at this time. And if you’re like me and have an Android based phone, then don’t worry – the Android app is currently in development, but the Zecco rep I recently spoke with wasn’t allowed to give me a launch date at this time.


Zap Trade. This is a truly unique feature which Zecco holds a patent to, so you won’t see it elsewhere. Zap Trade is a FireFox browser plugin which gives you the power to make trades from any web page once you are signed in. Zap Trade will automatically scan the website you are visiting and highlight any ticker symbols to give you easy access to more in-depth research on that stock, or the ability to trade that stock from that page. It’s a powerful tool for traders who know what they want.


Premium investing tools. If you are a day trader, you will want a tax planning tool to help you make the best decisions regarding which shares to sell for the highest tax efficiency. Zecco offers a free integrated cost basis tool for all shares purchased in 2011 and going forward. Zecco also offers Gainskeeper, which is an industry recognized tool for tracking cost basis. There is an associate fee with the latter tool.


Account records. Zecco keeps their costs down by automatically enrolling you in e-statements. You can receive paper statements for a fee.


Zecco Customer Service


Zecco offers e-mail, live chat, and telephone support through a free customer service number – 1.877.700.7862. Zecco’s FAQ section can take care of many questions, but if you need immediate assistance, you will need to call between the hours of 9am-6pm est, Mon-Fri.


Security and insurance


Your money is safe with Zecco. Zecco is a member of Financial Industry Regulatory Authority (FINRA), which is the largest non-governmental regulator for all securities firms doing business in the United States. Zecco is covered by the Securities Investor Protection Corporation (SIPC), which is an organization that acts as insurance against your broker filing for bankruptcy or otherwise going under. Funds are available to meet customer claims up to a maximum of $500,000 in cash and securities with a $100,000 cash maximum. Zecco has additional coverage from Lloyds of London insurance and is secured through a VeriSign SSL Certificate to assure your confidential information remains secure.


Trading Key. Before making a trade, Zecco members must enter a trading key – this is a separate step that occurs after logging in to their account. This prevents unauthorized users from causing some major damage to your account.


My overall opinion of Zecco


I think Zecco is a quality trading platform, which certainly can’t be beat for the price. Zecco is a flexible brokerage and will meet the needs of many different types of investors – from the investor who buys and holds ETFs (such as myself) to the day trader who makes dozens of trades in a month. The biggest complaint that some people have is the additional expense of certain premium tools. But in my opinion, if you are trading often enough to need those tools, you are most likely saving a lot more money based on the average trade commission with Zecco compared to the average trade at another brokerage. You can learn more about Zecco at: https://www.zecco.com/


Other brokerage reviews: How to choose and online brokerageSharebuilder review, TradeKing review, Zecco, ShareBuilder, and TradeKing comparison, Free Stock Trading and Investing Tools.











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