For the next 3 days the Arizona Diamondbacks will be right here in Atlanta, Georgia taking on the Atlanta Braves in a best out of three series. These next 3 days will prove to be very beneficial for the city of Atlanta because the Atlanta will be able to collect state taxes from every member of the Arizona Diamondbacks active roster. This was the perfect opportunity for us to estimate how much money the State of Georgia will collect from the top 6 earners of the Arizona Diamondbacks.
Athletes’ state tax obligation formula is: [(An athlete's salary) / (number of matches or games in the season that is played in the state) * (state tax percent)]
We first need to identify what each players’ salary is for 2018.
According to Spotrac.com the 6 highest earning players and their salaries are:
Zack Greinke makes~ $34mm
Paul Goldschmidt makes~ $11.1mm
A.J. Pollock makes~ $7.75mm
Patrick Corbin makes~ $7.5mm
Shelby Miller makes~ $4.9mm
Jake Lamb makes~ $4.275mm
The MLB season consists of 162 games each year. We know that the Georgia state tax is calculated at 6% so we have all the data we need to estimate how much the 6 highest Arizona Diamondbacks players will owe the state of Georgia.
Zack Greinke will owe Georgia ~ $37,778
Paul Goldschmidt will owe Georgia ~ $12,333
A.J. Pollock will owe Georgia ~ $8,611
Patrick Corbin will owe Georgia ~ $8,333
Shelby Miller will owe Georgia ~ $5,444
Jake Lamb will owe Georgia ~ $4,750
This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided in this website is not all inclusive and such information should not be relied upon as being all inclusive.