Malcolm Butler will receive Tom Brady’s MVP truck; Has to pay taxes though
Because the car is considered a taxable prize by the Internal Revenue Service, Brady would have been on the hook for a tax bill of $13,500 for accepting the car and another $8,000 in gift tax for bestowing it upon Butler. Thanks to Chevy, which won’t be issuing two vehicles, Brady will hold onto that cash although Butler will presumably still owe the taxman something.