If Trout were to become a resident of a state with no income tax (Alaska, Florida, Nevada, South Dakota, Tennessee*, Texas, Washington, Wyoming and/or New Hampshire*), he will be required to pay California income tax on his duty days worked in the Golden State (approximately 45 percent of his Angels salary). Adam Schefter breaks down some details of Patrick Mahomes' 10-year contract extension with the Chiefs. For purposes of these tax calculations, these projections will show Trout’s reported compensation from the Angels and also assumes that he will be required to pay the “jock tax” in most of the states he plays in. Of course, Mahomes is coming off a 50-touchdown, 5,000-yard season in 2018 and a Super Bowl title in 2019.
Please continue to respect all commenters and create constructive debates. Star center fielder Mike Trout has agreed to a MLB record 10-year $360-million contract extension with the Anaheim Angels.
Just sixteen months later, despite a virus that has wreaked havoc across the globe, Kansas City Chiefs quarterback Patrick Mahomes has topped Trout.
The coronavirus pandemic put a halt to virtually every major sport in the world, but it couldn't stop the sports business from booming -- at least if you're an elite athlete, the best of the best. While the marketplace has been slow for many players this off-season, prompting complaints from the players’ association, top stars have gained robust deals.
Patrick Mahomes' deal could surpass half a billion dollars: 10-year extension worth up to $503 million Includes $477m in guarantee mechanisms (via @adamschefter) pic.twitter.com/b8p3wTIXZo.
Four of the largest seven contracts will have been agreed to since February 19, with Trout and Harper joined by Manny Machado ($423 million for 10 years with San Diego) and Nolan Arenado ($367 million for eight years with Colorado). Matt Patricia was supposed to be a defensive guru, so why is Detroit's defense so bad? A 27-year-old entering what should be his prime years, Trout is considered baseball’s top player and would have been coveted as a free agent after the 2020 season.
Without seeing the full contract, it is currently unknown what guarantees and bonuses exist in the contract to allow Mahomes to earn all that money, but in case you're curious, here are the top five contracts on the all-time list, according to ESPN Stats & Information: The richest valued contract in sports history , A post shared by ESPN (@espn) on Jul 6, 2020 at 4:25pm PDT. Want an ad-free experience?Subscribe to Independent Premium.
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