The Braves worked deals with pitchers Aaron Bummer and Reynaldo Lopez, but this caught my eye:
Both will donate 1% of their salary to the Atlanta Braves Foundation.
ESPN.com
How is this different than paying the players less and the Braves donating to the foundation? Does anyone know if there is come kind of tax advantage to the player or the team? It seems like this isn’t a voluntary contribution, it more like a a kick back for reworking their contracts.
I would like to be enlightened, if anyone knows for sure.
I’m sure there’s a tax advantage for the players. I only took the basic tax law class and that was mumble mumble mumble years ago, and the code is very different today.