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Effective Tax Rate for each NFL team

OdellBeckhamJr : 3/13/2018 8:36 pm
This is being discussed a lot today and I saw this on Reddit and thought you would find it interesting.



I only post quality content
Good work  
djstat : 3/13/2018 9:02 pm : link
Giants needed to top Jacksonvilles offer by a lot. Although since one Jags home game is played in England, I wonder how that works.
I doubt if there are many instances  
Jerry K : 3/13/2018 9:08 pm : link
of free agents shying away from teams in states with higher taxes. There are just too many other factors to consider.

And attracting free agents to their sports teams would have to be about the worst reasoning for state tax policy.
Made it smaller  
mrvax : 3/13/2018 9:11 pm : link
'cause I couldn't read it.

Jax-->Giants  
mrvax : 3/13/2018 9:14 pm : link
is a 7% difference. That's significant to me.
RE: Jax-->Giants  
Milton : 3/13/2018 9:30 pm : link
In comment 13863432 mrvax said:
Quote:
is a 7% difference. That's significant to me.
That's a $4.6M difference on a $66M deal.
I lived in California  
mrvax : 3/13/2018 9:38 pm : link
for 3 years while in the USMC during the 80's. Glad I decided not to stay. That's a real dent in your budget for working class folks.


real easy to make that chart political as well  
Chip : 3/13/2018 9:47 pm : link
I am not trying to start anything.
RE: real easy to make that chart political as well  
mrvax : 3/13/2018 9:49 pm : link
In comment 13863486 Chip said:
Quote:
I am not trying to start anything.


Don't know about the whole chart but have strong suspicions about Cali. I won't bring that up here.

I should mention that some cities have a "jock tax"  
OdellBeckhamJr : 3/13/2018 9:52 pm : link
for players from visiting teams, I'm having a hard time locating those.
RE: I should mention that some cities have a  
mrvax : 3/13/2018 9:56 pm : link
In comment 13863496 OdellBeckhamJr said:
Quote:
for players from visiting teams, I'm having a hard time locating those.


Nice and no "CEO" tax. The more things change...
The NFL should.......  
Spirit of '86 : 3/13/2018 10:38 pm : link
The NFL should have higher salary cap numbers for high tax states to make the net pay to the players equal. Otherwise, the teams in high tax states are at a big disadvantage and it defeats the level playing field premise of the salary cap.
RE: The NFL should.......  
mrvax : 3/13/2018 10:43 pm : link
In comment 13863572 Spirit of '86 said:
Quote:
The NFL should have higher salary cap numbers for high tax states to make the net pay to the players equal. Otherwise, the teams in high tax states are at a big disadvantage and it defeats the level playing field premise of the salary cap.


But is that on the NFL and ultimately the fans or the States to settle (or not).
RE: I lived in California  
OdellBeckhamJr : 3/13/2018 10:53 pm : link
In comment 13863472 mrvax said:
Quote:
for 3 years while in the USMC during the 80's. Glad I decided not to stay. That's a real dent in your budget for working class folks.



hehe yeah I'm sure you'd be getting hit by the 13.3% tax
Its not that straight forward  
Beer Man : 3/14/2018 4:14 am : link
If a player plays for a team in one of the States with a zero State income tax rate, then they pay no state income taxes on the money they earned for the eight home games. However, for the team's eight away games, they will be taxed (based on 1/16th of their pay) by each State that they play an away game in. I travel with my job, and each year I have to file in every state that I worked in that has a State income tax.
Its not that straight forward  
Beer Man : 3/14/2018 4:22 am : link
If a player plays for a team in one of the States with a zero State income tax rate, then they pay no state income taxes on the money they earned for the eight home games. However, for the team's eight away games, they will be taxed (based on 1/16th of their pay) by each State (and some cities) that they play an away game in. I travel with my job, and each year I have to file in every state that I worked in that has a State income tax.
Its not that straight forward  
Beer Man : 3/14/2018 4:18 am : link
If a player plays for a team in one of the States with a zero State income tax rate, then they pay no state income taxes on the money they earned for the eight home games. However, for the team's eight away games, they will be taxed (based on 1/16th of their pay) by each State that they play an away game in. I travel with my job, and each year I have to file in every state that I worked in that has a State income tax.
Also, generally,  
SomeFan : 3/14/2018 8:16 am : link
the higher tax rate jurisdictions are places which much higher real estate costs but for Buffalo. And 4.6m is not an amount anyone ignores on a 66m desk. It is a significant amount.
Taxes are certainly a factor...  
BamaBlue : 3/14/2018 8:39 am : link
but the decision on signing with one team or another during free agency should involve more. The cost of living (real estate cost), access to services (medical, education, recreation, etc.), proximity to family all weigh in the calculus. I have to believe management provide players with a total picture of their franchise as a recruitment pitch...
RE: Taxes are certainly a factor...  
markky : 3/14/2018 9:38 am : link
In comment 13863923 BamaBlue said:
Quote:
but the decision on signing with one team or another during free agency should involve more. The cost of living (real estate cost), access to services (medical, education, recreation, etc.), proximity to family all weigh in the calculus. I have to believe management provide players with a total picture of their franchise as a recruitment pitch...


yep. just like any company recruiting. taxes are just one piece of the picture. i'm sure some players would prefer to raise their kids in one state versus another.
We outbid Jax for OV,  
Section331 : 3/14/2018 9:49 am : link
so it can be done. The tax issue is a real one, but not something the Giants can do much about (other than offer more money). The reality is that Jax is a better destination right now for a number of reasons - state income tax, weather, cost of living, and they are a SB contender. That is a tough mix to contend with.
I've been saying this for years  
MetsAreBack : 3/14/2018 9:55 am : link
and tax reform further exacerbated the issue. Yes, players do pay state taxes on road games, but if you play in the South -- you play your 8 home games plus the 3 division games in low tax states... play in the Northeast, and you've got 8 home games + division road games in high tax states.

It. Matters.

I know leagues like to keep things simple but its too much common sense in salary cap leagues to adjust salary caps to cost of living. You dont have to go crazy about it but NY hockey/basketball/football teams should have call it $5 million extra cap space vs a Florida or Texas team. No brainer.
And all cities that can support a NFL franchise  
MetsAreBack : 3/14/2018 9:56 am : link
have access to "services" -- that's not a big deal for free agents.
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