01-09-2024, 03:23 PM
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#4
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Franchise Player
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Shohei Ohtani’s Dodgers deal prompts California controller to ask Congress to cap deferred payments
Quote:
Cohen made the request four weeks after the two-way star and the Los Angeles Dodgers agreed to a record $700 million, 10-year contract that contains $680 million in deferred payments due from 2034-43. If Ohtani is not living in California at the time he receives the deferred money, he potentially could avoid what currently is the state’s 13.3% income tax and 1.1% payroll tax for State Disability Insurance.
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