According to this item at the Forbes web site, the IRS is selling Strawberry’s right to collect the remainder of an annuity that was part of his 1990 salary. “Straw” owes over $600,000 in back federal taxes, stretching back to 1987.
What’s going on here is that the IRS is liquidating Strawberry’s assets to satisfy his tax debt. That’s one of the tools the IRS has at its disposal if you owe them enough, for long enough. Also according to the Forbes item, Strawberry’ compensation for a 16-year major league career exceeded $30 million. Actually, if you look at Strawberry’s numbers, they really weren’t all that great. He only had three seasons in the majors in which he exceeded thirty homers and 100 RBI, and his highest full-season batting average was .284.
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AuthorThe contents of this blog, this web site, and any writings by me that are linked here, are all my personal commentary. None of it is intended to be legal advice for your situation. Archives
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