Sponsored Article
By Dan Zealley
Georgia Senate Bill 71, introduced by five Georgia state senators, would make college athletes exempt for having to pay state taxes according to On3 Sports.
— On3 NIL (@On3NIL) February 4, 2025
The current Georgia state tax rate is 5.39%. Players from SEC teams in states like Florida, Tennessee, and Texas pay no state taxes. If a player at a university in Georgia signs a Name, Image, and Likeness (NIL) deal for $1 million, they pay $53,900 in state taxes…