09-08-2023, 06:39 PM
(09-08-2023, 06:36 PM)BFritz21 Wrote: I know that agent's can't take that much but I was just lumping it in with everything. I think taxes are something like 40% (maybe more) and then he also has to pay a state's income tax in the state of the game for his game check.
Just wondering how much take-home money he'd actually get from this contract.
After taxes, Joe would take home $153MM with the current federal and Ohio tax rates. That is if he received all of this money right now. Tax rates change yearly, so the final value will be different but in that ballpark.