10/06/2026
The Braves have a pivotal Game 3 tonight against the Dodgers, who have baseball’s highest payroll. While the postseason continues, they face another challenge starting next year. Unless Congress fixes an unintended consequence of a law signed in 2021, the Braves will pay a new tax penalty simply because they’re a publicly traded sports team. Professional athletes shouldn’t be treated the same as C-suite execs who make business decisions for a team.
I partnered with Senator Warnock on a targeted correction to ensure teams like the Braves aren’t unfairly penalized. We need to keep the playing field level, regardless of whether a team is publicly traded or privately owned.
WASHINGTON, D.C. — U.S. Senators Katie Britt (R-Ala.) and Raphael Warnock (D-Ga.) introduced bipartisan legislation to address disparities in the tax treatment of publicly traded and privately owned sports teams. The legislation would update the tax code to ensure publicly traded professional s...