A once-dominant franchise in the NFL is struggling to attract top free agents, and it’s not just due to their recent on-field performance. The team’s home state has become a major obstacle in negotiations, thanks to its notoriously high tax burden.
The state’s “millionaire tax” – a 4% surtax on household income over $1 million – has become a major sticking point in contract talks. Even practice squad players are affected, as they approach the $1 million threshold. This added expense can be a significant factor in a player’s decision, especially when compared to teams based in states with no income tax.
A team legend recently spoke out about the challenges posed by the state’s tax laws, stating that it’s “just another thing you’ve got to contend with in negotiations.” He noted that agents often remind players about the extra taxes they’ll pay in the state, making it harder to sign top talent.
One of the team’s current players echoed these sentiments, calling the state’s tax situation “terrible” and advising players to consider signing with teams in states with more favorable tax policies.
The team’s struggles in free agency are compounded by their recent decline in on-field success. Without the lure of championships and a strong team culture, they must rely on other factors to attract top players. Unfortunately, the state’s tax burden is a significant “con” that may be driving players away.
As the team looks to rebuild and return to prominence, they’ll need to find ways to overcome this obstacle and make themselves a more attractive destination for top free agents. Until then, they’ll continue to struggle in a competitive NFL landscape.
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