Most baseball players are ecstatic when they sign a big contract. It is an indicator that their years of hard work and effort have finally paid off. This happened with Aaron Judge this past off-season as he signed a $360 million mega-deal with the New York Yankees. But a $600 million investor and entrepreneur recently revealed the shocking Government taxes that Judge will pay. 

Tax is an inescapable part of life that everyone has to deal with. This includes celebrities, movie stars, and even athletes like Judge. But this most recent information shows a shocking truth of how much Judge will really earn per year.

$600 million investor and entrepreneur Grant Cardone shares the shocking Government tax Aaron Judge will pay

Aaron Judge signed a 9-year $360 million deal this off season following a historic 2022 season. But entrepreneur and investor Grant Cardone shed some light on the amount Judge will actually earn. Cardone broke down the amount of taxes that the Yankees captain will pay and the Government tax is shocking. On his YouTube channel, Cardone shared a video, saying that Judge will pay the Government approximately $20 million in taxes. This leaves the star outfielder with a little less than half his annual salary after other taxes are paid. 

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According to Cardone, “But the Federal Government and the State of New York are going to crush this guy. Probably 20 million a year, I would expect, somewhere about 20 million a year times 9.” This would mean that Judge would pay $180 million of his contract in taxes. Cardone put that into context by saying that the Yankees star would effectively be paying 4.5 years of his contract to the Government. 

Aaron Judge Once Spent a Huge Chunk of His Previous $10 Million Net Worth to be 1 of 24 Owners of an Exclusive Car

The $600 million investor also said that this applies to musicians, rappers, actors, and other high earners. Cardone even offered Judge some advice on how to reduce the taxes he pays and increase his earning potential. The Yankees legend actually had the chance to earn more money than the $360 million contract he signed and would have ended up paying more in taxes. 

Judge turned down a $400 million deal from the San Diego Padres

Aaron Judge signed a $360 million deal to play the rest of his career with the Yankees. Furthermore, while doing so, he rejected a $400 million deal with the Padres. This was a move made out of loyalty and the desire to build a legacy. But by rejecting the 10-year deal, he also inadvertently avoided having to pay an extra year of Government taxes. 

Watch this story: From Serena Williams to Shohei Ohtani: biggest stars who won AP athlete of the year before Aaron Judge 

What do you think of the shocking revelation of how much money Aaron Judge will earn after taxes? Kindly share your thoughts in the comments below.