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Started By
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Vladimir Guerrero Jr signs 500mm deal with Toronto
Posted on 4/6/25 at 11:57 pm
Posted on 4/6/25 at 11:57 pm
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If tweet fails to load, click here. This post was edited on 4/6/25 at 11:57 pm
5
Posted on 4/7/25 at 12:46 am to WestCoastAg
Canadian taxes... Going to pay more than be earns.
Total income $500,000,000
Federal tax $164,972,461
Provincial tax $102,631,457
CPP/EI Premiums $5,105
Total tax $267,609,022
After-tax income $232,390,978
Marginal tax rate 53.53%
Total income $500,000,000
Federal tax $164,972,461
Provincial tax $102,631,457
CPP/EI Premiums $5,105
Total tax $267,609,022
After-tax income $232,390,978
Marginal tax rate 53.53%
Posted on 4/7/25 at 1:29 am to OleVaught14
Leftist tax insanity.
Posted on 4/7/25 at 6:40 am to OleVaught14
Guerrero is still overpaid. He’s not a $400 million much less $500 million player. If you’re going to get that money as a 1B/DH type from day one, you better have the bat of Aaron Judge, Shohei Ohtani, or Juan Soto and Guerrero is not even close to that.
Posted on 4/7/25 at 7:13 am to Bench McElroy
quote:
Guerrero is still overpaid. He’s not a $400 million much less $500 million player. If you’re going to get that money as a 1B/DH type from day one, you better have the bat of Aaron Judge, Shohei Ohtani, or Juan Soto and Guerrero is not even close to that.
That is the point of the other post. He's not being paid $500 million. He's being paid about $223 million.
Posted on 4/7/25 at 7:29 am to OleVaught14
quote:Does this take into account that it only affects half his games and not all 162?
Total income $500,000,000
Federal tax $164,972,461
Provincial tax $102,631,457
CPP/EI Premiums $5,105
Total tax $267,609,022
After-tax income $232,390,978
Marginal tax rate 53.53%
his "canadian" income would be 250MM
Posted on 4/7/25 at 7:34 am to Pilot Tiger
quote:
Does this take into account that it only affects half his games and not all 162?
his "canadian" income would be 250MM
Yep it’s pretty rough when you can’t wait for a west coast road trip to Commie-Fornia to save on taxes
Posted on 4/7/25 at 7:50 am to WestCoastAg
Canadian money is worth 70 cents on the American dollar.
Posted on 4/7/25 at 8:44 am to OleVaught14
quote:
Total income $500,000,000
Federal tax $164,972,461
Provincial tax $102,631,457
CPP/EI Premiums $5,105
Total tax $267,609,022
After-tax income $232,390,978
Marginal tax rate 53.53%
not even worth playing baseball anymore.
Posted on 4/7/25 at 9:06 am to OleVaught14
What would that look like in US Sates (CA/TX/FL vs Others)?
Posted on 4/7/25 at 9:22 am to OleVaught14
When Canada becomes part of US, it won’t matter.
Posted on 4/7/25 at 9:23 am to danilo
Canada still fuks you harder than Cali, but not by much. No state income tax in the US would net him $70M more...Cash.
Cali:
Texas/Fla:
Cali:
Texas/Fla:
Posted on 4/7/25 at 9:23 am to OleVaught14
Is his contract in CAD or US dollars?
Posted on 4/7/25 at 9:27 am to Big4SALTbro
quote:
Is his contract in CAD or US dollars?
I think it would have to be USD for cap reasons.
Posted on 4/7/25 at 11:36 am to WestCoastAg
Vlad Sr made $175 million for his career
Posted on 4/8/25 at 1:15 pm to FightinTigersDammit
Did I read that right? 14 years? Does he strike you as a player who's profile will age well?
I mean, he's not fast and he's at best a mediocre fielder, so if that bat starts regressing in the early to mid-30's which it almost certainly will....you are going to be paying for around 7 years of meh production for which no one will take on in a trade of any kind.
Just don't get 14 year contracts even for guys who do profile to age well....IMHO Vlad does not.
I mean, he's not fast and he's at best a mediocre fielder, so if that bat starts regressing in the early to mid-30's which it almost certainly will....you are going to be paying for around 7 years of meh production for which no one will take on in a trade of any kind.
Just don't get 14 year contracts even for guys who do profile to age well....IMHO Vlad does not.
Posted on 4/8/25 at 1:20 pm to WestCoastAg
For the 81 games played in Toronto:
He’ll owe $8,223,384 USD annually
$123,350,760 USD over the life of the contract
At current tax rates. This includes federal income tax and Ontario provincial taxes.
He’ll owe $8,223,384 USD annually
$123,350,760 USD over the life of the contract
At current tax rates. This includes federal income tax and Ontario provincial taxes.
This post was edited on 4/8/25 at 1:39 pm
Posted on 4/8/25 at 1:34 pm to Tiger Ugly
Hopefully, it's front-loaded
Posted on 4/8/25 at 1:42 pm to Jack Ruby
California. 
Posted on 4/10/25 at 7:18 pm to Big4SALTbro
Just heard his signing bonus is $325M. MLB your signing bonus is taxed at your place of residence . He is a resident of Florida.
I’m not saying this is true, just what an ex MLB exec is saying.
I’m not saying this is true, just what an ex MLB exec is saying.
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