Myles Garrett Faces $3M Tax Hit on $29M Bonus

Garrett’s option bonus, due before the regular season, will be taxed at California’s higher rate, cutting more than 10% of the payout – roughly $2.9 million. The player’s camp is exploring ways to claim the payment in Ohio to avoid the hike. With the Rams reworking his contract, the move could close the wage gap with teammate Will Anderson, but the tax hit remains a major issue. librea.one