I assume he’s not really taking on any credit risk and that they built in language so Dodgers will be required to fund this liability similar to a pension fund. Otherwise this is quite likely the dumbest thing I’ve ever heard.
I guess the tax angle is that he avoids CA state tax (or any state income tax) if he is retired and living elsewhere. He’d still be subject to federal taxes.
In a league without a salary cap where AAV doesn’t matter, I wish they’d report these deals in today’s dollars.
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