IT'S OFFICIAL: Marlins, Giancarlo Stanton Agree to 13 Year/$325 Million Deal

[HUGG]

I think he geniunely means it when he says that stuff about the opt out, but we'll see how he feels 6 years from now (regardless of how well the team does).

[emkayseven]

Plus he doesn't have dreads

[HUGG]

[Nick]

Love it.

[MiamiHomer]

Jeff Passen said on the radio yesterday that stanton basically didn't deserve this money because he's not a top 5 player in baseball. He originally said he wasn't even top 10 but then backtracked.

[emkayseven]

Jeff Passan doesn't deserve to be on the radio because he's not a top 100 baseball writer in America.

[kusch]

Really would of loved to hear Loria's response to the CBS4 reporters question.

[Miamarlin21]

The Miami Marlins outfielder yesterday signed a 13-year, $325 million contract, the richest in North American sports history. Stanton will surrender about $141 million, or 43.3 percent of the total after federal, state, city and payroll taxes, according to Robert Raiola, a certified public accountant who specializes in sports and entertainment. That brings Stanton’s haul to about $184.1 million. Florida has no state income tax.

The calculation, Raiola said in a telephone interview, is based on current rates and the assumption that the 25-year-old Stanton lives in Florida. It also uses the Marlins’ 2015 road schedule, which will vary year to year, as a baseline for future travel.

http://www.bloomberg.com/news/2014-1...-to-taxes.html


I don't think that is accurate. Is it?

[MiamiHomer]

http://www.bloomberg.com/news/2014-1...-to-taxes.html


I don't think that is accurate. Is it?

I find it odd that you would as a bunch of people on a forum if a tax specialist that deals with sports is correct or not on his numbers. I'd tend to side with the specialist.

[Miamarlin21]

I just don't know much about taxes. Nevermind.

[Madman81]

I'm a tax specialist! But I can't answer that question. I don't see what would make someone think the calculation is wrong, though.

[thatnewguy]

It's just that's a lot of money. I'm not doubting the specialist since he does these kinda stats for a living but hot damn that's a lot a cash.

[emkayseven]

As I told mm21 on facebook tax in that income bracket is huge.

If he made a million bucks a year he'd probably lose 350k to taxes, but that isn't an interesting headline.

He'd be losing much more in California or Massachusetts where state income tax comes into play.

[Bobbob1313]

thanks comrade obama

[Chewford]

That's a lot of Obama phones.