Tom Brady owes the IRS $60,500 for winning the Super Bowl

A silver lining for Pete Carroll and his Seahawks: By winning "The Big Game," New England Patriots star quarterback and Super Bowl MVP Tom Brady will have to pay up $60,500 — the form of a tax bill owed to the IRS.

According to the Washington Examiner, a report by Americans for Tax Reform reveals that Brady "will have to pay $42,000 on his share of the $97,000 for playing in the championship, and another $18,500 for giving away the red Chevy Colorado pickup truck he won for being MVP to fellow player Malcolm Butler, who caught the game-winning interception."

Brady, who is worth an estimated $120 million and earns a $26.5 million salary, is placed in the highest income tax bracket, and owes the feds 39.6 percent of his winnings. The NFL will foot the bill for half of the maximum Medicare tax owed by the footballer, with the total tax tab amounting to an astounding $60,500.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up