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Thread: Real salary of Westbrook and others

  1. #1

    Default Real salary of Westbrook and others

    http://www.espn.com/nba/story/_/id/2...-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.

  2. #2

    Default Re: Real salary of Westbrook and others

    Wait, Curry gets paid more (gross) than LeBron? That doesn't seem right.

  3. #3

    Default Re: Real salary of Westbrook and others

    But his take home is greater and tops in the league( right now).

  4. #4

    Default Re: Real salary of Westbrook and others

    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

  5. #5

    Default Re: Real salary of Westbrook and others

    Quote Originally Posted by SoonerDave View Post
    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.

  6. #6

    Default Re: Real salary of Westbrook and others

    Quote Originally Posted by OKC_on_mines View Post
    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.

  7. #7

    Default Re: Real salary of Westbrook and others

    I'm sure you could handle the remaining years with proper estate planning.

  8. #8
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    Default Re: Real salary of Westbrook and others

    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.

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