Teams based in Florida, Washington and Texas will clearly have an additional advantage over other clubs in contract negotiations with free agent players given the new tax code. They already had an advantage by virtue of no state income tax, but this will be magnified under the new tax code, with benefits on Real Estate and Sales Tax.
A quick look at the latest salaries of Orlando Magic and Orlando City Soccer players show the basketball team owns nine of the top 10 spots in terms of highest-paid players. The only spot to fall to Orlando City Soccer is No. 6, belonging to soccer star Kaka, who is paid a base salary of $6.66 million.