Do pro athletes in the USA still get paid with checks?

kenyan_cheena · 09-05-2012, 11:55 PM

Seems strange to me that in 2012 people would still be getting paid their wages with checks. I'd have thought almost everyone would get paid by direct deposit into their bank account.

hokun · 09-06-2012, 02:24 AM

Interesting question. I imagine either option's available to them. I did a Google search and per this thread on another forum (StraightDope: "How are pro athletes paid?") it seems at least some do get paid with checks.

Green & Gold Heart · 09-07-2012, 11:20 AM

Yeah, the only time I ever get a physical check anymore is when a relative sends me $ for my birthday or something.

RchW · 09-07-2012, 03:25 PM

I haven't seen a paycheck in 15 maybe 20+ years.

Postman · 09-08-2012, 11:48 AM

Quote:

Originally Posted by kenyan_cheena

Seems strange to me that in 2012 people would still be getting paid their wages with checks. I'd have thought almost everyone would get paid by direct deposit into their bank account.

I'm curious, what difference do you think it makes?

kenyan_cheena · 09-09-2012, 06:08 AM

Quote:

Originally Posted by Postman

I'm curious, what difference do you think it makes?

Well down here in Australia it takes about three days for a cheque to clear after you deposit it while payment by EFT takes 24 hours at the most.

RchW · 09-09-2012, 09:14 AM

Quote:

Originally Posted by kenyan_cheena

Well down here in Australia it takes about three days for a cheque to clear after you deposit it while payment by EFT takes 24 hours at the most.

The US was about 10 years behind in electronic banking 2-4 years ago. Great strides have been made but I'd say about 30% maybe more of the people I know still write and receive cheques.

I still get cheques for my dividend payment for shares in the company I work for. No provision is available to me for EFT.

Déjà Bru · 09-09-2012, 01:37 PM

I imagine that if a player authorizes it, 10% of his net pay could be wired into his agent's account as well, thereby avoiding having to write another check.

RchW · 09-09-2012, 04:12 PM

Quote:

Originally Posted by Déjà Bru

I imagine that if a player authorizes it, 10% of his net pay could be wired into his agent's account as well, thereby avoiding having to write another check.

I don't know about other sports but many Hockey agents also act as financial managers for their young clients. I've heard several players mention that they get an "allowance" (probably big bucks compared to what I make) and never see the paycheck or the deposit.

BaseballMan · 09-09-2012, 04:42 PM

I have direct deposit with my current employer but i know with other employers i had to wait a few paychecks before my direct deposit would start.
Does the same thing happen to players? Do they receive payment directly from team or do teams pay the NFL and the NFL pays them?

09-05-2012, 11:55 PM	#1 (permalink)
kenyan_cheena Hall Of Famer Join Date: Jul 2004 Location: Sydney, NSW, Australia Posts: 7,864 Thanks: 109 Thanked 169x in 144 posts	Do pro athletes in the USA still get paid with checks? Seems strange to me that in 2012 people would still be getting paid their wages with checks. I'd have thought almost everyone would get paid by direct deposit into their bank account. __________________ The Greatest Prize in Sports (a TBCB Dynasty) The Greatest Prize in Sports: Almanac

09-07-2012, 11:20 AM	#3 (permalink)
Green & Gold Heart Hall Of Famer Join Date: Oct 2004 Location: Appleton, WI Posts: 4,598 Thanks: 153 Thanked 114x in 86 posts	Yeah, the only time I ever get a physical check anymore is when a relative sends me $ for my birthday or something. __________________ @athletics4life

09-09-2012, 01:37 PM	#8 (permalink)
Déjà Bru All Star Starter Join Date: Apr 2009 Location: LawnGuy Land Posts: 1,440 Thanks: 270 Thanked 422x in 271 posts	I imagine that if a player authorizes it, 10% of his net pay could be wired into his agent's account as well, thereby avoiding having to write another check. __________________ . - Bru

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09-06-2012, 02:24 AM	#2 (permalink)
hokun Bat Boy Join Date: Sep 2012 Posts: 3 Thanks: 0 Thanked 1x in 1 post	Interesting question. I imagine either option's available to them. I did a Google search and per this thread on another forum (StraightDope: "How are pro athletes paid?") it seems at least some do get paid with checks.

09-09-2012, 04:42 PM	#10 (permalink)
BaseballMan Hall Of Famer Join Date: Jan 2002 Posts: 3,699 Thanks: 10 Thanked 125x in 82 posts	I have direct deposit with my current employer but i know with other employers i had to wait a few paychecks before my direct deposit would start. Does the same thing happen to players? Do they receive payment directly from team or do teams pay the NFL and the NFL pays them?