Fmr NFL coach Brian Billick previews 2024 draft, weighs players’ concerns about sky-high state income taxes [Video]

While the NFL draft kicks off tonight in Detroit, Michigan, some draft picks have to consider how much they’ll have to pay in taxes – depending on the state they are drafted to.

As noted by Billick, the NFL is a cash cow that continues to grow at an unprecedented rate. What once was a year-to-year gradual increase in salary has transformed into players receiving mind-boggling contracts right out of the gate – giving certain states an opportunity to snatch players’ assets through state income tax.

This year’s draft is “all about the quarterbacks,” according to the coach.

Caleb Williams, the former quarterback for University of Southern California, has been the front-runner for the first overall draft pick for months now.

Ahead of draft night, Thursday, the FOX Business program reported that the Chicago Bears are expected to draft the potential star for a 4-year $40 million contract with about $25 million of it as a signing bonus – meaning that …

Tags Business Growth, Business Owner, Women In Business