Quote:
Originally Posted by Hackey
Having your 3 year contract dripped to you over 20 years doesn't seem like a great deal for the player. I assume his agent is smart enough to have worked it all out to make sense though.
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It makes enough sense for someone in California to consider it. The highest state tax in California is 13.3%. Compare that to Florida or Texas, where it is zero.
That is a $1.2M tax savings on the $9M that is being deferred.