Friday, June 20, 2008

More Information on Fielder’s Tax Problem

The Milwaukee Online Journal posted this article with slightly more information on the story I posted about yesterday, Milwaukee Brewers First Baseman Owes the IRS $409,149.

Many people in the professional sports industry refuse to comment on financial issues, and this case is no exception. However, the author does bring up a few interesting points. For example, Fielder recently turned down a new contract valued at around $60 million, so it seems likely that he will be able to repay the liability. However, there are no court records to support the idea that he has already settled the liability, meaning it could still be in IRS collections.

Blog Archive