Home United States USA — Financial Juan Soto saves about $8 million in state income tax with Mets...

Juan Soto saves about $8 million in state income tax with Mets signing bonus

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Juan Soto can use an interesting tax loophole with his monster contract with the Mets.
Juan Soto can use an interesting tax loophole with his monster contract with the Mets.
Soto and the Mets have agreed to a 15-year deal worth a total of $765 million in a blockbuster deal that shook the sports universe.
The Post’s Jon Heyman reported that Soto received a $75 million signing bonus, which is not susceptible to enormous New York state income taxes as the slugger is a resident of Florida which does not tax personal income.

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