$365 million guarantee money and tax free??

[theking]

Baseball players get taxed by the state they reside in so that means no tax will be collected on Guerrero's bonus..? 

Details on Guerrero's contract also came out Wednesday and the jaw-dropping portion is that it includes a $325 million signing bonus, which is a whopping 65% of the entire value of the contract, according to Sportsnet. There's no deferred money, no opt-out clauses and a full no-trade clause.