Makai Lemon is headed to the Eagles as the #20 overall pick in the 2026 NFL Draft, and the young man enters the league with a $20.81 million rookie contract and an ~$11.6 million signing bonus.

Before the USC wide receiver plays a single snap for the Philadelphia Eagles however, he’s already made one of the biggest financial upgrades in the entire first round:

He’s leaving California’s 13.3% income tax for Pennsylvania’s 3.07%. For a 20‑year‑old receiver with elite upside, that’s not just a win.

That’s over million dollars saved on the signing bonus alone and millions over the course of his rookie deal.

Philly just traded away A.J. Brown to the Patriots as well, meaning not only Lemon going to be saving more money by moving to Pennsylvania, he also moved up a roster spot and has to live up to expectations.

This pressure can either break the young man and he becomes a role caliber player, or signs a massive extension after the 2030 NFL season.

APSM breaks down Lemon’s real estate and residency options and suggests where he could establish his primary residency to maximize his net worth across his new NFL financial landscape:

• His home/college state (California)
• His drafted state (Pennsylvania)

Does Makai Lemon Own Any Property?

Lemon was born and raised in Los Angeles, California, starring at Los Alamitos High School before becoming one of USC’s most dynamic receivers.

There are no public records of Lemon owning real estate in California or elsewhere, but he has the perfect opportunity to start the moment he lands down in Philadelphia.

The rookie is leaving one of the most expensive housing markets in the U.S. and replacing it with a moderate market with strong appreciation, but a much lower cost of living than coastal states.

Like most NIL‑era athletes, he likely:

• Rented during his college days
• Earned millions in NIL money at USC (meaning he has already gotten use to having large sums of money and is prepared for a wealth mindset).
• Waited until the draft to make his first major real estate move

Now, with an ~$11.59 million signing bonus on the way, Lemon’s first real estate decision is a financial opportunity, not a trap, as long as he avoids California residency at all costs, even if he lives there in the off-season.

Market #1: California (Home/College State)

• Median Home Price: ~$800,000
• Property Tax Rate: ~0.75%
• State Income Tax: 13.3%
• Cost of Living: ~40% above U.S. average
• Market Trend: 3-6% annual appreciation (LA/OC)

Pros

• Familiar environment
• Strong luxury markets
• Branding upside in LA

Cons

• 13.3% income tax (highest in America)
• Aggressive residency audits
• Extremely high cost of living
• No financial justification for a rookie

California is the worst possible residency choice for Lemon.

On an ~$11.6 million signing bonus:

• California (13.3%) → ~$1.54M in state tax
• Pennsylvania (3.07%) → ~$224K

That’s a ~$1.3 million swing in pocketed money to go invest (index funds, mutual funds) and compound.

Lemon played at USC, meaning:

• He already paid 13.3% on NIL and sponsorship income
• He lived in one of the most expensive markets in the country
• He has already experienced the California tax burden firsthand

Market #2: Pennsylvania (Drafted State)

• Median Home Price: ~$270,000
• Property Tax Rate: ~1.5% (high)
• State Income Tax: 3.07%
• Cost of Living: ~5% below U.S. average
• Market Trend: 3–5% annual appreciation (Philadelphia suburbs)

Pros

• 3.07% income tax, dramatically lower than California
• Affordable housing
• Strong rental demand in Philly metro
• Lower cost of living
• Predictable appreciation

Cons

• High property taxes
• Less explosive appreciation than California coastal markets

Best Housing Markets, Rental Markets
& Appreciation Rates

California

• Best Housing Markets: Manhattan Beach, Newport Beach, Irvine
• Best Rental Markets: West LA, Hollywood, Long Beach
• Appreciation: 3-6% annually

Pennsylvania

• Best Housing Markets: Philadelphia suburbs (King of Prussia, Ardmore)
• Best Rental Markets: Center City, University City
• Appreciation: 3-5% annually

Property Tax & Capital Gains Considerations

Property Tax

• California: ~0.75%
• Pennsylvania: ~1.5%

Capital Gains

• California: 13.3%
• Pennsylvania: 3.07%

Pennsylvania wins again, but all states would over Cali, lower income tax, lower capital gains, and far lower residency risk.

Residency Impact on Lemon’s Signing Bonus

• Gross Signing Bonus: $11,594,824
• Federal Tax (37%): $7,304,739

Pennsylvania could potentially save Lemon:

• ~$1.3 million vs California

This is one of the largest tax savings in the entire 2026 draft class.

Investment Scenario:
Turning $7.08M Into Real Wealth

Using the Pennsylvania residency scenario:

If Lemon invests his entire net signing bonus and lives below his means, he can turn $7.08 million into $11-17+ million before touching a dollar.

This is how you go from “rookie contract”,
to multi‑generational wealth.

Want to Understand How
Athletes Actually Lose it All?

The APSM “7 Ways Athletes Go Broke” Report Includes an inside look into the primary reasons more athletes end up broke over 70% of the time within just five years of retiring from their sport/league primarily due to:

• Hidden behavioral traps behind collapse.
• Spending patterns that drain wealth faster than income can replace it.
• High-risk advisors and predatory industries.
• Divorce, taxes, lifestyle creep & breakdowns.

These are real athlete case studies you can learn from
to avoid the same fate as an athlete, parent, advisor or fan alike.

Future-proof your own frameworks,
avoid the exact same mistakes.

If you want real financial literacy,
the kind that protects you, not just informs you…

This is the blueprint.

Access the 7 Ways
Athletes Go Broke Report

Jock Tax Considerations

Pennsylvania Advantage

• 3.07% income tax
• No California‑style residency traps
• Lower capital gains tax

California Disadvantage

• 13.3% income tax
• Aggressive audits
• High cost of living

APSM Real Estate Verdict

Pennsylvania should be his primary residence.
California should be a rental market only.

If Makai Lemon wants to maximize his rookie earnings, protect his signing bonus, and build long‑term wealth, the move is simple:

• Establish Pennsylvania residency immediately.
• Rent in California when needed.
• Avoid California residency at all costs.
• Invest aggressively from Day 1 (market, real estate, assets).

Lemon has one of the biggest tax‑savings opportunities in the entire draft, and he’s already positioned to capitalize on it.

Suggested Real Estate Strategy for Makai Lemon

• Primary residence: Pennsylvania (Philadelphia suburbs)
• Secondary: California rental for offseason training
• Work base: Short‑term rental near Eagles facilities
• Invest: Majority of signing bonus into index funds + PA real estate
• Goal: Turn ~$7.08 million into $11-17+ million by Year 5