Garrett’s option bonus, due before the regular season, will be taxed at California’s higher rate, cutting his after‑tax payout by more than ten percent. He is reportedly exploring ways to have the payment processed while still in Ohio to avoid the spike in tax liability. michezonews.co.za
Myles Garrett Faces $3 M Tax Hit on $29.2 M Bonus
New Rams star Myles Garrett may lose more than $2.9 million in taxes on his $29.2 million option bonus as his top state tax jumps from 3.125% to 13.3%.
