Post a Free Blog

Submit A Press Release

At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
Anime
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeSportsFootballNFL News: Seahawks GM: Washington's new millionaire's tax will 'sting' in recruitment

NFL News: Seahawks GM: Washington’s new millionaire’s tax will ‘sting’ in recruitment

Add to Favorite
Added to Favorite


The Seattle Seahawks were admired by many for their team building through the draft and free agency, which helped them win Super Bowl LX in February. However, Washington state’s new “millionaire’s tax” could hinder their roster development and player recruitment in the future.

On Wednesday, the Washington state Senate approved a new measure that will impose a 9.9% tax on earnings exceeding $1 million annually. The measure was passed with a 27-21 vote and is likely to be signed into law by Gov. Bob Ferguson, who has already expressed his support for the bill. Payments will first be due in 2029.

It is expected that the bill will affect just 0.5% of Washington’s residents, disproportionately affecting athletes in the state, who make up a large portion of that.

“It’s gonna sting. There’s no question about it,” Seahawks general manager John Schneider said in an interview with KIRO-AM. “All the pro teams here in town, (not having a state income tax has) always been a huge attraction, especially competing with the California teams. It’s been a big deal for us. So, yeah, it’s going to sting from a recruiting standpoint.”

The NFL minimum salary in 2026 for any player with at least one season is set at $1.005 million, so this will apply to any new player the Seahawks are looking to recruit. So far this offseason, the Seahawks have signed three external free agents, all to one-year deals, and have lost key players like Super Bowl MVP Kenneth Walker III.

Washington will join California, Massachusetts, Minnesota, New Jersey, and New York — as well as the District of Columbia — in adopting some version of the millionaire’s tax.

–Field Level Media

Subscribe to get Latest News Updates

Latest News

You may like more
more

NHL News: Leaning on depth, Senators wrap positive road trip at Canucks

The Ottawa Senators are making their best push toward...

Hornets rout Bulls for franchise-record 8th straight road win

Brandon Miller scored 23 points and Kon Knueppel added...

NHL News: Sharks resume push to end playoff drought by facing Flames

The long-term goal for the San Jose Sharks will...

NFL News: Reports: Eagles bring back TE Dallas Goedert

The Eagles' active leader in receptions will be back...