This would allow Harper to legally deduct business-related expenses against that income to help his overall tax situation. Despite agreeing to the most expensive free agent contract of all time. For that non-salary income, it would be in his best interest to consult with his attorney to set up an LLC structure to mitigate his tax situation in that regard. 'Realmuto needs to be our catcher next year plain and simple,' Bryce Harper said just minutes after the 2020 season. However, as an MLB top-earner, he is sure to take in a lot of endorsement money as well as other means of income. Years: 13 Total Value: 330 million Average Annual Value: 25. Harper is employed by the Philadelphia Phillies. Bryce Harper Contract & Salary Details All dollar figures via Spotrac. Bryce Harper, ninth in total earnings with 32.5 million, is set to bring in 6.5 million in endorsement deals that include Under Armour. Corey Seager who will make 37.5 million in the first year of his 10-year. Includes games played, hits and home runs per MLB season. Trout holds the record for the sport’s largest overall contract with his 12-year, 426.5 million deal. Spending his offseason time, spring training time, and any games in which the Phillies may be playing the Miami Marlins or Tampa Bay Rays within Florida should easily allow him to meet that requirement.ĬLICK HERE TO GET THE FOX BUSINESS APP Set up an LLC structure for non-salary income. Complete career MLB stats for the Philadelphia Phillies Designated Hitter Bryce Harper on ESPN. Establish domicile in a state with no income tax.įlorida is famous for not having a state income tax. In addition to this, the Phillies have their spring training within the state. Harper could generally establish domicile in Florida by purchasing or renting a home there and being present within the state for 183 days out of the year.
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