Jersey Boss
09-19-2017, 09:27 AM
http://www.espn.com/nba/story/_/id/20715128/nba-player-salaries-take-home-pay
Amazing how 28.5 gets pared down to less than 15. Yeah I know it is still a good wage, but interesting numbers on where it goes.
traxx
09-19-2017, 10:28 AM
Wait, Curry gets paid more (gross) than LeBron? That doesn't seem right.
Jersey Boss
09-19-2017, 10:42 AM
But his take home is greater and tops in the league( right now).
SoonerDave
09-19-2017, 01:38 PM
Makes me think of lottery winners. They get the $100M win, but then take a ~$60M lump sum, then get the ~33% federal tax hit (~$20m), state (varying %) ~$6M, knocking that $100M down to $34M pretty darned quickly.
I'd still take it, however :)
OKC_on_mines
09-19-2017, 04:46 PM
Makes me think of lottery winners. They get the $100M win, but then take a ~$60M lump sum, then get the ~33% federal tax hit (~$20m), state (varying %) ~$6M, knocking that $100M down to $34M pretty darned quickly.
I'd still take it, however :)
I've heard its just best to do the extended payout instead.
Bellaboo
09-19-2017, 09:02 PM
I've heard its just best to do the extended payout instead.
I wouldn't, you never know how much time you have left on earth.
d-usa
09-19-2017, 09:13 PM
I'm sure you could handle the remaining years with proper estate planning.
Laramie
09-21-2017, 08:44 AM
These young players make more money in one season than the average American makes in a lifetime.
Just imagine a good coach (Donovan, Tyronn Lue, Rick Carlisle) whose job it is to critique some of these young millionaires; how do you approach, what do you say to these guys when the very person you coach makes 5 or 10 times your salary?
You get on a super players' bad side as a coach, you could get your pink slip & final pay off of your salary the next morning.