Ed Reed’s $50,000 Fine Is Only $32,500 After Taxes

As everyone knows by now, Ed Reed’s one game suspension was lifted and his $423,529 fine was lowered to a mere $50,000.

Robert Raiola, a tax strategies expert for celebrities and athletes tweeted that Reed’s fine after taxes is only $32,500. It turns out that the fine is tax deductible, the tax benefit at 35 percent is $17,500.

Chump change.

Zach Wilt is the Founding Editor of BaltimoreSportsReport.com and host of the BSR Podcast. He's a loyal Orioles, Ravens and Capitals fan who is obsessed with baseball, loves traveling, In-N-Out Burger and Walt Disney World.