Mike Mayock: Players, agents very aware of no income tax in Vegas

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The Raiders are heading to Las Vegas for the 2020 season and General Manager Mike Mayock thinks that is going to be helpful to the team’s offseason.

Specifically, Mayock believes that the change in home will be a selling point for teams in free agency. He noted the excitement about the new start and the new stadium in explaining that belief, but not before noting that the tax situation has advantages over California.

“I think first and foremost, we go from a 13 percent state tax in California to a zero percent state tax in Nevada,” Mayock said, via the team’s website. “The players and their agents are very aware of that. I’ve heard more comments about what our new stadium looks like. You know, that, that black exterior, the sleekness of it. . . . I think there’s a real excitement about Jon Gruden leading the Raiders into Las Vegas and it extends financially, extends to our facilities, we’re gonna be a first rate operation in every single facet and I think that energy will trickle through into free agency.”

The best financial deal is often the one that free agents wind up taking, so Mayock may be right about a rise in the appeal of joining the Raiders in their first season as Nevada residents. We’ll find out for sure in a couple of months.

36 responses to “Mike Mayock: Players, agents very aware of no income tax in Vegas

  1. Well, he is not wrong. I worked from home b4 I retired so could live anywhere, and moved to Forida just to get away from a high-tax state.

  2. Not sure that many of these players even understand what a tax burden is, but the tax burden on a high-paid player (of course that is all of them) will be MUCH less playing home games in Nevada (or Texas or Florida) than places like California, New York, New Jersey, etc.

  3. Unfair advantage givin to teams located in these type of states , NFL should take into consideration of lowering the salary cap for those teams.

  4. Mayock is just hamming it up. Do you really believe a free agent will decide to join the Raiders because of the “sleekness” and all black look of the stadium? Yeah right. Players (and agents) care about money and winning. A player will be more likely to eat the taxes and join a proven winner in California, instead of saving on taxes and playing for a mediocre team in Vegas or Florida. They will take a very small discount to win, but that’s about it. I guarantee you the players would play in the parking lot if you paid them $5 million more.

  5. There are several states with no state income tax, 5 of them have NFL teams (Texas, Tennessee, Florida, Washington, and Nevada). Washington is the only state with a tea mthat has won a SB in the past 10 years. Massachusetts has one of the highest tax rates in the nation, they have had 6 SB winners in the past 2 decades. If you are making millions of dollars and have competent financial advisers, state income tax is not much of an issue.

  6. If they aren’t they should be. 13%? That’s ridiculous. You can bet if I had the choice of living in a state with 13% state income tax or 0% income tax I’d be going to the state with 0% unless the employer in the 13% state offered 13% more. 13% is not an insignificant amount.

  7. If you are hinging your franchise’s success on free agency you are headed down a bad road.

  8. Yeah but in the end they still have Gruden as a coach… I like the guy, fantastic announcer but his success with the Raiders the first time was because of Gannon who was much like a Manning in leading the team. Then he took over a primed and ready Dungy built team and won’t a SB. He didn’t/hasn’t done anything after that.

  9. chastain00 says:
    January 17, 2020 at 11:52 am

    Unfair advantage givin to teams located in these type of states , NFL should take into consideration of lowering the salary cap for those teams.

    ——————————

    What advantage has “no taxes” given any team?
    The Cowboys haven’t won anything in 20 years. And when they did win there’s no question they drafted HOF talent & had HOF coaching.
    The Oilers & Texans haven’t won anything,
    The Miami Dolphins haven’t won anything in 40 years. The Buccaneers last won 20 years ago, and they and the Jaguars aren’t remotely close now. Again, I ask…What advantage?

  10. In Mayock’s defense, he has nothing from a team perspective to offer so he has to highlight non-team related advantages.

  11. It’ll effect some FA’s here or there. Some players have said it has. But all in all it doesn’t matter. It hasn’t helped in FL, it won’t help in NV.
    I do wonder if the Raiders aren’t getting the response they want as they put out early FA feelers, so they want to promote this.

  12. In the NFL you are taxed on where the game is played not where your home team (or you) is located. 0% vs 8% = 4% savings. Not swiss cheese, but not a deal breaker if you prefer another team or not to live in LV. It will help, just not that much unless the team starts winning.

  13. Players still have to pay income tax to the whatever state they are playing in for away games. Known as the “Jock Tax.” This lessens whatever advantage the “No State Tax” provides. Also, visiting team players who play in a no state income tax venue avoid state tax for that game (1/17th of the value of their contract.

  14. mackcarrington says:
    January 17, 2020 at 12:23 pm
    chastain00 says:
    January 17, 2020 at 11:52 am

    Unfair advantage givin to teams located in these type of states , NFL should take into consideration of lowering the salary cap for those teams.

    ——————————

    What advantage has “no taxes” given any team?
    The Cowboys haven’t won anything in 20 years. And when they did win there’s no question they drafted HOF talent & had HOF coaching.
    The Oilers & Texans haven’t won anything,
    The Miami Dolphins haven’t won anything in 40 years. The Buccaneers last won 20 years ago, and they and the Jaguars aren’t remotely close now. Again, I ask…What advantage?
    ~~~~~~~~~~~~~
    There is no advantage. Those teams attract aging veterans looking to make the most out of their final paychecks. THOSE guys are typically not concerned with team-oriented things and when they get to places like Miami they take it easy as they transition from the grind for championships towards their inevitable retirement. Coaches and managers of those teams need to be cognizant of that and avoid guys who are only out for themselves. Unfortunately my Dolphins have believed the lies and hired way too many of these guys who wanted to hang out on the beach and in the clubs more than they wanted to help themselves and the team get better

  15. If I was player, I would want to play for a team that is based on a state that has no income tax. Most people look at the gross amount they make, not the net they can live off. No advantage to winning, just the bottom numbers.

  16. Remember seeing an interview with Deion Sanders….when he was a free agent in 1995….he chose the Cowboys vs. the Raiders and he called out the state income tax difference…I’m sure there were a multitude of factors but it is a legit factor.

  17. This is why I’m shocked that the state of California didn’t step in to help build a stadium in Oakland. They just lost $20M minimum a year just on players alone. Not to mention what they will lose on sales tax on tickets psls and merchandise. Plus a few other areas.

  18. It all evens out in the end. I use to go to Vegas every year for the first round of March Madness (it’s a blast!) Everything in Vegas is expensive. It all evens out.

  19. Thank California for the “jock tax” phenomenon as they started it in the early 90s in NBA finals.

    If I’m a top-tier free agent who stands to make millions, lack of state taxes would enter into a decision. Not the only factor, but not a trivial one.

  20. Just for a team to leave Cali that’s a WIN all the way around! And that savings of the 11.3% state income tax is the cherry on top, on just the league minimum that’s over $50k/yr extra into the players pockets, just imagine how much it is for the top paid players, $2-3mil a year.

  21. kingwalleye says:
    January 17, 2020 at 1:10 pm
    The cost of living in Nevada pretty much makes the no income tax thing a moot point.
    _____________________________

    Moot point, are you serious? They’re moving from SF/Oak area, the highest cost of living area in the USA barr none and you think Vegas is expensive? Guess you’ve never been to the bay area? If you have you’d have never made that claim!

  22. So the players are going to give them a home town discount when negotiating their contracts? I don’t think so Skippy!

  23. pretty sure gambling, carousing, and non-stop entertainment will have something to do with attracting players too. But are those the players you want?

  24. If any state can do without income taxes, and 10% can, then all should be able to. End income taxes. They are slavery. A 10% sales tax frees us all. 5% to the state, 5 to the Fed.

  25. It only affects half a players pay. * games at home means those checks are not subject to state tax. Still not chicken feed, especially if you are a guy making 10M/yr.

    13% of 5 million is $650k. Tell some 25 year old that he makes 650k more by playing for the Raiders rather than the Rams and I think he chooses the Raiders (or at least his agent tells him that).

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