"If we are to take stories first from Sportico's Michael McCann and Robert Raiola and later Forbes' Nathan Goldman as actual factuals, and all involved have made their reputations on knowing the whatabouts and whereabouts of money, Sam Darnold's greatest moment as a professional athlete gave us one answer to the question, "What price glory?" The answer here is apparently seventy grand."
"The explanations for how and why this particular bill came due are somewhat byzantine, as all tax laws tend to be, but the nut of it is that California's 13.3 percent jock tax on money earned while in the state, when combined with Darnold's salary means, that he will pay roughly $249,000 for the right to make $178,000 based on the eight work days he spent in California preparing for the Big'Un."
"Frankly, there's a mathematical case to be made that he should have tanked the NFC championship game just to keep the money. That may seem a relatively small cost given the reputational boost Darnold has just received for helping to guide the Seattle Seahawks to Super Bowl victory, especially given the fact that his current contract is worth a little over $100 million."
California's 13.3 percent jock tax applied to earnings from events held in the state significantly increased Sam Darnold's tax bill after the Super Bowl. One calculation shows Darnold will owe about $70,000 more in California taxes than the payment he received for playing in the game. A more detailed accounting shows he will pay roughly $249,000 in state taxes when combined with his salary, versus $178,000 earned for eight work days in California preparing for the Super Bowl. The net result is that the state tax burden effectively outweighed his short-term Super Bowl earnings.
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