Report: Blue Jays closing in on deal for Aroldis Chapman

by Eli Greenspan on Jan 9, 2010 2:08 PM EST

El Nuevo Herald is reporting that the Blue Jays are closing in on a deal with Cuban defector Aroldis Chapman in the range of five years and 23 million dollars.

The Spanish-language version of the Miami Herald says that a deal is very close; I tend to stay away from reports from these type of reports, but the Nuevo Herald has not been as inconsistent as others. (Regardless, proceed with caution)

The Athletics are believed to be involved in negotiations, but it is possible the Blue Jays view him as a starter and are guaranteeing him something other teams won't.

Stay tuned for more details.

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What's the tax differential, US v. Canada?

If Chapman is paid out of California (there is a state income tax), will his Fed-plus-California taxes be greater, or smaller, than the overall Canadian rate?

As I recall, that was a factor a player had to consider, many years ago. Is it still so?

"The mind is not a vessel to be filled but a fire to be kindled."-Plutarch

by One won lost won on Jan 9, 2010 2:19 PM EST reply actions

US. v Canada

I know that signing before the new year was something that could affect Chapman. If he signed in 09, his bonus would not be taxed. But since he signed in ’10, it will be.

However, now that he is going to Canada, it could be all different.

by Eli Greenspan on Jan 9, 2010 2:27 PM EST reply actions