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re: Official Brice Turang Watch Thread - Updated - Friday @ 4pm Deadline
Posted on 6/11/18 at 10:18 pm to BigBoyTiger
Posted on 6/11/18 at 10:18 pm to BigBoyTiger
There is an option to receive it in one payment. Obviously its taxed so most of their CFPs and CPAs can coordinate that the agents hold the money and then are dispersed in monthly or even semi-annually installments and the tax is greatly reduced because of this. 90+ % of signing bonuses go that route in MLB. NBA and NFL are much different. EI Bennie Logan told me the other day he got his 2 million dollar signing bonus and the whole reason he went to Tennessee was because of the no state tax.
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