The tax is not even that close. In Beltran's pay bracket that tax would be ~7.7%. The whole tax story is really getting blown out of proportion for a couple of reasons. The margin of difference they are looking at it includes many factors, like cost of living not just state tax. There is no doubt that evey team involved has a team of contract lawyers who hash all of that stuff out.
Most importantly is a point that most of these articles are overlooking: Baseball players pay tax in every state they play in. State income tax isn't about where you live, it's about where you work.
I agree with DK that $112 is too much money especially since you could sign both Delgado and Maggs both for less than that. Another part of me would be happy because this would be a pretty special signing for the Mets in a lot of ways.
Maine has a good swing for a pitcher but on anything that moves, he has no chance. And if it's a fastball, it has to be up in the zone. Basically, the pitcher has to hit his bat. - Mike Pelfrey