Reply to "MLB Draft - Signing Bonus"

TPMHSBaseballweb Member since 2003

4T2 posted:
Dominik85 posted:
4T2 posted:
I would love to have to worry about how it gets taxed...
-42
If you get 2.5M it doesn't really matter but if you are in a spot in between taking a draft bonus and taking a college scholarship taxes can matter and should be considered.
Absolutely, 100% agree. And would love to be in a position to need to make that decision. Sign the pro contract, or take the scholarship? A potentially very difficult decision, yes--but one I'd like to be fretting over. The OP's linked articles are excellent help, and I hope I need to refer to them in a couple years.
-42

My suggestion would be to concentrate on a very nice scholarship so that you and he will have little or no debt.

You can worry about that MLB stuff later.

You would very much prefer that your son grow up under the leadership and watchful eye of a college coach.

Trust me on that.

12/2/1711:00 PM

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