Amielee wrote:
If he gives it to Judge the income tax on it would be 16% of 5 Million. If he keeps it the tax may be as high as 38%. If he sells it then he has capital gains tax to pay. If he gives it back to the team there will be no tax on it.
The trouble of catching a ball is hardly worth it.
Really? You wouldn't want it because you'd have to pay taxes on it? I do not understand the logic of that but OK. To me it's a no brainer, pay taxes and keep what is left. The only thing dummer than... never mind, to each his own.