Blog Entry

Halladay's tax hit

Posted on: June 9, 2010 9:46 am
 
Phillies right-hander Roy Halladay must have been bummed when he learned that the June 25-27 series between Philadelphia and Toronto would be relocated to Philly to avoid the G-20 summit in Toronto. Halladay spent 12 years pitching in Toronto and is a legend there. See some old friends, eat at his favorite restaurants, bask in adoration ... would have been a nice weekend.

But Halladay must have really been bummed when his accountant informed him that the relocation of the series would add $75,000 to his tax bill. According to the Wall Street Journal , Halladay had accumulated "excess foreign tax credits" from his time in the Great White North and now won't be able to use them to reduce his tax bill.

Fortunately, Halladay gets to sleep in his own bed that weekend, and that bed might well be stuffed with cash. He's scheduled to make $15.75 million this season.

-- David Andriesen

Category: MLB
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