By: Zach Hizer
As the world now knows, Bryce Harper is a Philadelphia Phillie. The former MVP and six-time All-Star agreed on a 13 year, $330M deal – the richest contract in Major League Baseball (MLB) history. Other offers came from the San Francisco Giants and Los Angeles Dodgers, both of which hail from California, land of the 13.3% state income tax. In today’s blog, you’ll see the differences the PA and CA tax rates create, and how many millions Harper gets to keep by signing with Philadelphia.
The Giants offered $310M over 12 years and the Dodgers offered $168M over four years. Though both offers were incredibly lucrative, the IRS and California would have taken big handfuls of Read More