Broker Check

2026 MLB Draft · Signing Bonus Tax Estimator
Know Your Take-Home
Before You Sign

Federal & state tax liability, residency comparisons, lump-sum vs. split-year modeling — built for drafted players and their families.

⚠️ For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Wealth Services LLC nor any of its representatives may give legal or tax advice.


Signing Bonus Calculator

Drag the slider or type a value — 2026 official MLB Draft slot values update the pick range automatically.

Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate Cetera Wealth Services, LLC Advisory Services Agreement and disclosure brochure as provided. The output of any financial tool or calculator without such an agreement should be considered to be a part of our brokerage services and not advisory services.

Draft Bonus Estimator 2026 Official Draft Slot Values

Signing Bonus

$1,000,000

Closest Pick
Signing bonus closest to Overall Pick #—  
Press Enter or click Calculate
$0$2M$4M$6M$8M$10M$12M+

Player Profile

401(k) Contribution

Slide to set your annual contribution — up to the 2026 employee limit of $24,500
$0
$0$6,125$12,250$18,375$24,500
Employee contribution: Amount shown is deducted from taxable income per year. For split-year payments, Year 1 and Year 2 each get their own deduction (two separate tax years). This is an above-the-line deduction that reduces your federal AGI before brackets are applied. State treatment varies — most states follow federal. Note: The 2027 IRS contribution limit has not yet been finalized. This calculator applies the 2026 limit of $24,500 for both years in a split-payment scenario. The Year 2 deduction may differ once 2027 limits are announced — consult a tax professional for updated figures.

Payment Structure

In some cases, signing bonuses may be structured across two tax years. This tool allows you to model both scenarios for informational purposes — actual payment structure is determined by your contract.

Your Tax Estimate






Compliance Note: Estimates use 37% federal backup withholding on signing bonuses. Non-citizens may be subject to 30% NRA withholding. 401(k) deductions reduce federal AGI; state treatment may vary. These estimates exclude FICA, Medicare surcharge, AMT, and individual deductions. Consult a CPA before making financial or residency decisions. Tax laws are subject to change.

Experience Inside Baseball

Our team has worked in various baseball operations departments for over ten years — giving us firsthand insight into the draft process, player development, and the financial decisions that come with signing professionally.


Meet Your Advisors

Shoemaker Financial · Savannah, TN — Click a card to read full bios.

Will Rich

Financial Advisor

wrich@shoemakerfinancial.com

Click the button below to view your signing bonus estimate.

Know Before You Sign  
🎓BS, Mechanical Engineering — University of Tennessee at Chattanooga 
📋Series 7 Securities Registration  |  Series 66 Securities Registration 

Will lives in Savannah, TN with his wife Jasyman and their two kids Octayvia and Riley. He is an active member of Love and Truth Church and enjoys projects around the house and fantasy football. After more than a decade in professional baseball, Will joined Shoemaker Financial in 2025 to combine his firsthand knowledge of the draft process with a passion for helping athletes make sound financial decisions at the start of their careers.

The highlight of Will's time in baseball came in 2021, when he was part of the Braves organization during their World Series championship run. From 2022 to 2025, he served as an area scout for Atlanta, sitting across the table from players and parents during in-home visits and working alongside agents throughout the year across multiple draft cycles. Earlier in his career, he also spent time in minor league clubhouses with the Twins and Astros — giving him a well-rounded view of the professional baseball landscape. That experience is at the core of how he approaches advising athletes today.

📋 Shoemaker Financial — Financial Advisor (2025–Current)
 Atlanta Braves — Amateur Scouting Asst / Area Scouting Supervisor (2020–2025)
 San Francisco Giants — Baseball Operations Intern (2019)
 Minnesota Twins — Minor League Video Intern (2018)
 Houston Astros — Minor League Video Intern (2014 & 2015)

Paul Rich CFP®

Financial Advisor

prich@shoemakerfinancial.com

🎓BS, Business Administration — University of Tennessee at Martin 
🎓MBA — University of Mississippi 
CERTIFIED FINANCIAL PLANNER™ (CFP®) 
📋Series 7 Securities Registration  |  Series 63 Securities Registration 

Paul has been a fixture in financial services since 1992 and a CERTIFIED FINANCIAL PLANNER™ professional since 1996 — one of the most respected designations in the industry. He is also a Certified Long Term Care Specialist and holds Series 7 and Series 63 securities registrations. His practice covers financial planning, investments, life and disability insurance, long-term care, college funding, retirement strategies, and estate conservation.

A Savannah, TN native who grew up there and still calls it home, Paul has spent his entire 30+ year career with Shoemaker Financial. He credits the firm's culture, continued accountability, and competitive environment with helping him grow into the advisor he is today. In his own words: "I needed to feel like I was part of something bigger than just myself — and I believe I have attained higher marks because of my affiliation with Shoemaker Financial."

Outside the office, Paul is husband to Tanya and father to Emily, Will, and Austin. He is an active member of Church on the Rock and the Kiwanis Club in Savannah, TN.

📋 Shoemaker Financial — Financial Advisor (1992–Current)
📋 Shoemaker Financial — CERTIFIED FINANCIAL PLANNER™ (1996–Current)

See What Paul has to say About Shoemaker 

"In the last 30 years, I have never been with any other company. All my training came from Shoemaker. Not only did the initial training come from them, but continued accountability from the firm has been very important in my development. I was challenged to grow in knowledge and skill level throughout my tenure. Many of my friends today are with Shoemaker, and the family atmosphere is something that drew me to the firm and keeps me to this day.

Competitive pressure also helps in that I am challenged to grow my practice so that I don’t fall behind my peers. As someone who is in a remote office, I needed to feel like I was a part of something bigger than just myself. Some people might be able to thrive as an island, but while I might have been able to do so, I also believe that I have achieved higher marks due to my affiliation with Shoemaker Financial."

Logan Alfano-Webb, CFP®

Financial Advisor

lwebb@shoemakerfinancial.com

🎓BS, Finance & Economics — University of Tennessee at Martin 
🎓MBA — University of Tennessee at Martin 
CERTIFIED FINANCIAL PLANNER™ (CFP®) 
📋Series 7 Securities Registration  |  Series 66 Securities Registration 

Logan is a CERTIFIED FINANCIAL PLANNER™ professional dedicated to helping clients pursue their financial goals. Before joining Shoemaker Financial in 2023, he attended the University of Tennessee at Martin, where he earned both an undergraduate degree in Finance & Economics and a Master of Business Administration. Outside of work, Logan enjoys playing pickleball and running, and he is currently training for his first marathon.

📋 Shoemaker Financial — Financial Advisor (2023–Current)
📋 Shoemaker Financial — CERTIFIED FINANCIAL PLANNER™ (2026–Current)

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