Jan 30, 2014, 1:13 PM EST
His baseball shortcomings are reason enough not to sign Vernon Wells, but as Ken Rosenthal pointed out yesterday, not signing him has an added bonus: it could save him a million dollars in taxes.
Wells lives in Texas. If he stays home all summer, the money he is owned by the Angels and Yankees is all taxable in Texas, which has no state income tax. If he signs with anyone but the Rangers, Astros, Marlins, Rays and Mariners — major league cities in states without state income taxes — he’s have to pay the taxman for home earnings. No matter where he’d sign he’d have to pay taxes for earnings made on road games in states with an income tax.
So: do Vernon Wells a solid. Don’t sign him.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 307
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (307)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Curt Schilling lowers the boom on some men tweeting threats against his daughter (129)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)