Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

malthaussen

(17,193 posts)
6. Whatever could be negotiated is left.
Wed Dec 19, 2012, 04:23 PM
Dec 2012

The average ballplayer makes 3.2 mil, already taxed @ 91%(If that was the top rate). The agent's fee (which is more like 15% or more these days, I believe) is tax-deductible. Of course, good ballplayers, as opposed to average ones, are pulling in 15-20 mil already. The higher rates are paid by the Yankees (or the Dodgers -- have you seen their projected payroll for next year?) Anyway, when you're making more money than most people can score in three lifetimes, any further income is a matter of keeping score, not need. The best players will still insist on huge contracts because they want "respect."

-- Mal

Sure.....why not? GP6971 Dec 2012 #1
Home run locks Dec 2012 #2
Well, that's ingenious. malthaussen Dec 2012 #3
maybe not JEFF9K Dec 2012 #4
Whatever could be negotiated is left. malthaussen Dec 2012 #6
over 3 JEFF9K Dec 2012 #10
Yay! Then The Rich Owner of Baseball Team Would Get Even Richer! Yavin4 Dec 2012 #5
monopoly JEFF9K Dec 2012 #8
owners JEFF9K Dec 2012 #12
Don't forget the teams that play in states with no state income tax. Filibuster Harry Dec 2012 #7
state tax JEFF9K Dec 2012 #9
Players Pay Taxes in States Where They Have Road Games Yavin4 Dec 2012 #11
Latest Discussions»Retired Forums»2016 Postmortem»Should Baseball Fans Join...»Reply #6