Are you a Stathead, too? He will also pay state taxes to California based on his wages in the state. The residency situation facing Betts is not unique. Positions: Federal:                           $135.0 million, California                        $53.5 million (includes projected jock taxes), Payroll:                            $3.7 million. Our reasoning for presenting offensive logos. The Golden State bill would amount to $53.5 million, more than 2.5 times the $19.8 million he would pay to California as a Tennessee resident. Signed thru 2032, 1 yr/$27M (20), 12 yrs/$365M (21-32), Service Time (01/2020): 5.070 Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. Differences in state tax laws could mean the difference of tens of millions of dollars to the government. Full-year historical Major League statistics provided by Pete Palmer and Gary Gillette of Hidden Game Sports. Do you have a sports website? We have tools and resources that can help you use sports data. October 7, 1992 Question, Comment, Feedback, or Correction? (Age 21-265d,    vs. NYY 3 AB, 1 H, 0 HR, 0 RBI, 0 SB, Rookie Status:
High School: Overton HS (Nashville, TN), Debut: us. Massachusetts imposes a 5.05% income tax. According to The Register Citizen, Betts rented a mansion in a Boston suburb while he played for the Sox from 2014 to ’19.

Team: Los Angeles Dodgers (majors) Born: October 7, 1992 in Nashville, TN us Draft: Drafted by the Boston Red Sox in the 5th round of the 2011 MLB June Amateur Draft from Overton HS (Nashville, TN).. High School: Overton HS (Nashville, TN) All rights reserved. June 29, 2014
Mookie Betts gave the Boston Red Sox a reminder of what they've been missing with a historic performance for the Los Angeles Dodgers on Thursday night. Win Expectancy, Run Expectancy, and Leverage Index calculations provided by Tom Tango of InsideTheBook.com, and co-author of The Book: Playing the Percentages in Baseball. Whether Betts lives in his native Tennessee or relocates to sunny California, he’ll pay the highest federal income tax rate (37%) on the portion of his income that exceeds $518,401 (or, if married filing jointly, income that exceeds $622,051.). We present them here for purely educational purposes. Betts would pay then, after expected credits for taxes paid to other states, approximately $6 million more if he resided in Massachusetts over Tennessee. The Associated Press reports that $115 million of Betts’s deal is deferred beyond the years of his contract, meaning he will continue earning Dodgers paychecks even after 2032. Betts … Assuming he preserves his residency in Tennessee (which requires proof of a residence address and other documentation) over the next dozen years, Betts could save millions given that the Volunteer State is one of nine states without income tax on wages (it does tax income earned from interest and dividends). 18,294th in MLB history) Mookie Betts would owe $34 million more if the Dodgers star resides in California instead of his home state of Tennessee. (43-17, 1st place in NL West), Every Sports Reference Social Media Account, Site Last Updated: Saturday, October 17, 2:04AM. He previously played for the Boston Red Sox.In 2018, while with the Red Sox, he became the first player in MLB history to win the Most Valuable Player, Silver Slugger, Gold Glove, batting title, and World Series in the same season. Or write about sports? Position: Rightfielder Bats: Right • Throws: Right 5-9, 180lb (175cm, 81kg) . AP Images After signing a 12-year, $365 million contract extension with the Los Angeles Dodgers last Wednesday, Mookie Betts ensured his place among the wealthiest Americans, but just how rich he’ll be depends very much on where the 2018 American League MVP decides to reside. Mookie Betts. Logos were compiled by the amazing SportsLogos.net. Mookie Betts would owe $34 million more if the Dodgers star resides in California instead of his home state of Tennessee. in Nashville, TN According to The Los Angeles Times, the Nashville-born outfielder reportedly still lives in Tennessee.  •  Copyright © 2000-2020 Sports Reference LLC. The Book: Playing the Percentages in Baseball. Latest on Los Angeles Dodgers right fielder Mookie Betts including news, stats, videos, highlights and more on ESPN Much of the play-by-play, game results, and transaction information both shown and used to create certain data sets was obtained free of charge from and is copyrighted by RetroSheet. Markus Lynn "Mookie" Betts (born October 7, 1992) is an American professional baseball right fielder for the Los Angeles Dodgers of Major League Baseball (MLB). Free Agent: 2033, Agents: VC Sports Group • Previously: The Legacy Agency, Relativity Baseball, Minor League Batting Game Logs & Splits (s.2008), More Mookie Betts Pages at Baseball Reference, 2020 Dodgers Become a Stathead & surf this site ad-free. Then there’s the postseason schedule in the Petco Park bubble…, Major League Baseball has struck a multi-year strategic partnership with injury recovery technology company Hyperice. Exceeded rookie limits during 2014 season, 2020 Contract Status: 853.9k Followers, 1,539 Following, 331 Posts - See Instagram photos and videos from Mookie Betts (@mookiebetts) Total Zone Rating and initial framework for Wins above Replacement calculations provided by Sean Smith. We want to hear from you! The Tampa Bay Rays were built for this: incessant bullpen games and the use of an opener in this year’s Major League Baseball playoffs. Betts will pay federal, state and payroll taxes—along with the so-called jock tax, whereby states (and/or sometimes cities) tax visiting teams’ players for games played in their jurisdictions. Mookie Betts. All Rights reserved.

San Diego Padres star shortstop Fernando Tatis Jr. will serve as the company’s…, The cancellation of the 2020 Minor League Baseball season has sparked a legal battle over who should absorb the financial loss. Upfront…, Get our latest stories in the feed of your favorite networks. All images are property the copyright holder and are displayed here for informational purposes only. Find out more. Copyright © 2020 Sportico Media, LLC. Subscribe to our Free Newsletter, This Month in Sports ReferenceFind out when we add a feature or make a change. Many thanks to him. Join our linker program. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"])for(var e in a.data["datawrapper-height"]){var t=document.getElementById("datawrapper-chart-"+e)||document.querySelector("iframe[src*='"+e+"']");t&&(t.style.height=a.data["datawrapper-height"][e]+"px")}}))}(); Federal:                           $135.0 million, California                        $19.8 million (includes projected jock taxes), Payroll:                            $3.7 million. A litigation in Pennsylvania illustrates how the battle is playing…, Rally, an app that enables individuals to buy into—and trade their stakes in—rare collectibles (think: cards, sports memorabilia), recently raised $17 million dollars in new funding. However, it is still nearly $34 million less than he would pay as a California resident. Draft: Drafted by the Boston Red Sox in the 5th round of the 2011 MLB June Amateur Draft from Overton HS (Nashville, TN). Pandemic Shifts the Map During College Football’s Roller Coaster Season: Data Viz, MLB’s Postseason Sprint Turns Pitching Innovation Into Standard Practice, MLB And Hyperice Develop Strategic Injury Recovery Partnership, Yankees’ Minor League Insurance Fight Sheds Light on Pandemic Claims, Rally Democratizes Ownership of Rare Collectibles, But Investors Solely Focused on ROI Should Avoid. While unlikely, Betts could also claim residence in the place where he became famous: Massachusetts. California, which imposes a 13.3% tax on those who earn more than $1 million a year, has the highest state tax rate in the U.S. Robert Raiola is the Director of the Sports & Entertainment Group of the CPA and Advisory Firm PKF O’Connor Davies.

But where Betts can greatly influence his tax bill is through his residency. Our reasoning for presenting offensive logos. Send us a tip using our anonymous form. However, for Betts, keeping his residence in his home state would be most financially sound. If the star outfielder can help end the Dodgers’ 32-year championship drought, he could quickly carve a distinct spot in the history of the club — and in Los Angeles. Federal:                          $135.0 million, Massachusetts:             $6.0 million (reflects expected credits for taxes paid to other states), California:                       $19.8 million (includes projected jock taxes), Payroll tax:                      $3.7 million.

This reflects the fact that he would not pay state taxes on his $65 million signing bonus because he lives in Tennessee. Some high school data is courtesy David McWater. According to our calculations and the available data, Betts, as a Tennessee resident, would pay approximately $158.5 million in combined taxes over the life of his contract. Rightfielder and Second Baseman, Born: After signing a 12-year, $365 million contract extension with the Los Angeles Dodgers last Wednesday, Mookie Betts ensured his place among the wealthiest Americans, but just how rich he’ll be depends very much on where the 2018 American League MVP decides to reside. All logos are the trademark & property of their owners and not Sports Reference LLC. Many historical player head shots courtesy of David Davis. That’s a ton of money in taxes, to be sure. Do you have a blog? Positions: Rightfielder and Second Baseman Bats: Right • Throws: Right 5-9, 180lb (175cm, 81kg) . Team: Los Angeles Dodgers (majors) Born: October 7, 1992 in Nashville, TN us Draft: Drafted by the Boston Red Sox in the 5th round of the 2011 MLB June Amateur Draft from Overton HS (Nashville, TN).. High School: Overton HS (Nashville, TN) Debut: June 29, 2014 (Age 21-265d, 18,294th in MLB history) As Barry Bloom recently detailed nearby, the Toronto Blue Jays playing their 2019 season home games in the U.S. will provide players a windfall due to differences in tax rates between the U.S. and Canada. Some defensive statistics Copyright © Baseball Info Solutions, 2010-2020. In our analysis we are assuming that Betts remains a resident of the state during his playing years and his deferred years.


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