But that doesn’t necessarily mean it’s a bad move. We'll never pass along your email address to spammers, scammers, or the like. Former Bears wide receiver Josh Bellamy was arrested Wednesday and charged with wire fraud, bank fraud, and conspiracy to commit wire fraud and bank fraud for his alleged participation in a scheme to fraudulently obtain millions of dollars from the Paycheck Protection Program. — Ralph Vacchiano (@RVacchianoSNY) March 12, 2019, Adam Gase coached Josh Bellamy with the Bears in 2015, the year Bellamy had a mini-breakout as a receiver. That “breakout” campaign saw Bellamy post 19 catches for 224 yards. Follow him on Twitter @DarrylSlater. The Jets signed Bellamy to a two-year, $7 million contract with $2.75 million guaranteed. These details were provided to NJ Advance Media by a person with knowledge of the contract. Already Subscribed? ; His height is around 6 feet and his weight is 94 kg and he has not mentioned his other body measurements. The 31-year-old Bellamy caught 79 passes in his career for 1,053 yards with five touchdowns and 13 drops. The PPP program was set up under the Coronavirus Aid, Relief and Economic Security (CARES) Act to incentivize small businesses to keep their employees on payroll amid losses during the COVID-19 pandemic. By using our site, you consent to our use of cookies. In one of the lowest-profile signings by any team on the first day of the legal tampering period, The New York Jets have reportedly agreed to a deal with former Chicago Bears receiver Josh Bellamy. NFL Power Rankings Week 8: Steelers challenge Chiefs at top; Seahawks rise, Hughes: Judge Joe Douglas by his work this offseason, not his words in November, Titans get help, Will Fuller stays put: NFL trade deadline winners and losers. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. But for now, the Jets seem to have landed a well-liked, special teams leader for a small deal. The Jets have spoken extensively about how much they like special teams coach Brant Boyer. We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. All information these cookies collect is aggregated and therefore anonymous. This is the 2019 vintage, Josh Bellamy to sign 2 year, (up to) $7 million free contract with the Jets in free agency, Bringing your daily links to the NFL’s New York Jets. Originally entering the league as an undrafted free agent in 2012, Bellamy bounced around between a couple of teams before ending up in Chicago prior to the 2014 season. Because we respect your right to privacy, you can choose not to allow some types of cookies. There's the connection. Josh Bellamy was born on May 18, 1989, in St Petersburg Florida.At the present time, he is 31 years old. Bellamy also allegedly sought PPP loans on behalf of his family members and close associates. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Ex-New York Jets and Chicago Bears wide receive Josh Bellamy was charged with federal wire fraud, bank fraud, and conspiracy last week for participating in a scheme involving $25 million in phony Payroll Protection Program (PPP) loan applications. From the Justice Department’s criminal complaint against Bellamy: The complaint alleges that Bellamy conspired with others to obtain millions of dollars in fraudulent PPP loans. Contract Terms: 2 yr (s) / $5,000,000 Bellamy was placed on the reserve/ physically unable to perform list on May 5, 2020, ending his 2020 season. Login Here, Unsportsmanlike conduct against San Francisco (SF). Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). By using our site, you consent to our use of cookies. Josh Bellamy signed a 2 year, $5,000,000 contract with the New York Jets, including $930,000 guaranteed, and an average annual salary of $2,500,000. This signing was likely encouraged by head coach Adam Gase‘s familiarity with Bellamy while in Chicago together but don’t think special teams coordinator Brant Boyer didn’t have a hand in this either. The information does not usually directly identify you, but it can give you a more personalised web experience. The information does not usually directly identify you, but it can give you a more personalised web experience. Bellamy allegedly purchased over $104,000 in luxury goods using proceeds of his PPP loan, including purchases at Dior, Gucci, and jewelers. NFL Power Rankings Week 8: Steelers challenge Chiefs at top; Seahawks rise, Hughes: Judge Joe Douglas by his work this offseason, not his words in November, Titans get help, Will Fuller stays put: NFL trade deadline winners and losers. ; His nationality is American and he looks like mixed ethnicity. The Jets signed Bellamy to a two-year, $7 million contract with $2.75 million guaranteed. The soon-to-be 30 year old Bellamy is getting a strikingly large contract given his modest resume in the NFL. Total guaranteed pay: $2.75 million (signing bonus plus 2019 salary), 2019: $930,000 salary, $1.84 million salary cap figure, 2020: $2.25 million salary, $3.16 million salary cap figure. To see the rest of the Josh Bellamy's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. He is also alleged to have spent approximately $62,774 in PPP loan proceeds at the Seminole Hard Rock Hotel and Casino, and to have withdrawn over $302,000. Takeaways: This is essentially a one-year contract worth $2.75 million, since the Jets can cut Bellamy after 2019 with a minimal cap hit — $910,000 in dead money (prorated signing bonus), compared to his $3.16 million cap figure if he remains with them for 2020. Josh Bellamy contract and salary cap details, including signing bonus, guaranteed salary, dead money, roster bonuses, and contract history ; His nationality is American and he looks like mixed ethnicity. We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. Ex-Bear Bellamy charged in COVID relief fraud scheme. NFL: Josh Bellamy Net Worth 2018 — Contract Details, Salaries, Bonuses, Salary Cap July 25, 2018 FCS Betting Lines: Week 10 – SFA-EKU, North Alabama-Southern Miss If you do not allow these cookies, you will experience less targeted advertising. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. No, that’s not it. The Bellamy signing came at a weird time where a plethora of big-name players were flying off the market left and right. In 2020, Bellamy will earn a base salary of $2,250,000, while carrying a cap hit of $2,250,000 and a dead cap value of $910,000. They help us to know which pages are the most and least popular and see how visitors move around the site. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. These cookies are necessary for the website to function and cannot be switched off in our systems. Bellamy was released by the New York Jets Sept. 8 after being placed on the Physically Unable to Perform list prior to training camp. He signed a two-year, $5 million contract with the Jets in 2019 after spending five seasons with the Bears, primarily as a special teamer and backup receiver. This deal is expected to come in at 2 years, $7M max, source said. © 2020 Advance Local Media LLC. Community Rules apply to all content you upload or otherwise submit to this site. Here is the full contract breakdown for new Jets wide receiver Josh Bellamy (a special teams ace), whom they just signed in free agency.These details were provided to NJ Advance Media by a … #Jets. In fact, the Louisville product even has some experience returning kicks which increased his value for the team even more. Mosley To Five-Year, $85 Million Deal, New York Jets: Signing Le’Veon Bell was a must for Mike Maccagnan, Jets Free Agency: Initial grade and analysis of Henry Anderson, New York Jets: Top 3 players to re-sign in 2019. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. New York Jets general manager Mike Maccagnan has been active in free agency, landing running back Le'Veon Bell. In 2020, Bellamy will earn a base salary of $2,250,000, while carrying a cap hit of $2,250,000 and a dead cap value of $910,000. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Early in the scheme, Phillip J. Augustin allegedly obtained a fraudulent PPP loan for his talent management company using falsified documents. It remains to be seen how this will affect the remainder of the special teams unit, mainly Andre Roberts who remains unsigned. Jets midseason report card: Does any position get a passing grade? They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. Josh Bellamy was charged with fraud by the U.S. Justice Department on Thursday for his alleged role in a $24 million scheme to receive illegal loans intended for COVID-19 relief. Partnered with the USA TODAY Sports Media Group | Powered by, Signed a 2 year $5 million contract with New York (NYJ), Fined $10,026 Unsportsmanlike conduct against San Francisco (SF), Fined $10,026 Chop Block against Aaron Donald (LAR), Signed a 1 year $1.907 million contract with Chicago (CHI), Signed a 1 year $775,000 contract with Chicago (CHI), Signed a 1 year $760k contract with Chicago (CHI), Fined $8,681 Low hit against Arik Armstead (SF), Signed a 3 year $1.448 million contract with Kansas City (KC), NFL All-Rookie Team at the halfway mark of the 2020 season, Russell Wilson, DeAndre Hopkins lead midseason performers of the year.
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