Myles Garrett Faces $3M Tax Hit on $29.2M Bonus

Garrett’s upcoming move to the Los Angeles Rams will shift his top tax rate from 3.125% in Ohio to 13.3% in California, potentially costing him $2.9 million in additional taxes on his $29.2 million option bonus. The Rams and Garrett’s team are exploring ways to have the payment processed while he still resides in Ohio to mitigate the tax hit. freshyourfeel.org