i kinda feel bad for the rookie athletes that make minimum level salary

Brandon M.

City of Angels
Joined
Apr 30, 2012
Messages
11,413
Reputation
-4,570
Daps
19,767
nba minimum is 490 K

nfl is 375k

mlb 480k,

thats all before tax.

so minus 35% right there, thats guaranteed.

agent fee

lawyer fee

accountant fee

20130414steelers_player_taxes472.png
 

Brandon M.

City of Angels
Joined
Apr 30, 2012
Messages
11,413
Reputation
-4,570
Daps
19,767
nba minimum is 490 K

nfl is 375k

mlb 480k,

thats all before tax.

so minus 35% right there, thats guaranteed.

agent fee

lawyer fee

accountant fee

20130414steelers_player_taxes472.png
to put so much work in and then at the end ur only going to see 35% of what u make is kinda sad to me..that 409K in that pic doesnt even take in agent, lawyer and accountant fees smh
 

BigSteve

All Star
Joined
May 15, 2012
Messages
2,972
Reputation
550
Daps
5,644
Any other job you have to put in work to get your money.

Just because I get an entry level position at a Fortune 500 company doesn't mean I'm going to open up a credit card and buy a BMW, a new 500K house, and pay for lavish trips monthly in which I supply bottle service for me and my friends.
 

Spaceman Piff

Superstar
Joined
May 2, 2012
Messages
7,089
Reputation
1,401
Daps
16,483
i'm supposed to feel bad because an athlete gets taxed on his 400k salary?

:stopitslime:

:beli: @ "facility fee" though
 

Spaceman Piff

Superstar
Joined
May 2, 2012
Messages
7,089
Reputation
1,401
Daps
16,483
they work 1000% harder than u

:what:

what does that have to do with anything?

these guys are making hundreds of thousands doing something they love to do.

how the fukk am i supposed to feel bad for someone who's living out their dream?

not to mention.. their next contract could earn them millions upon millions.

who else gets 1000% raises?
 

jwinfield

Veteran
Joined
Apr 30, 2012
Messages
42,626
Reputation
9,099
Daps
208,270
Reppin
NULL
:what:

what does that have to do with anything?

these guys are making hundreds of thousands doing something they love to do.

how the fukk am i supposed to feel bad for someone who's living out their dream?
Come on guys, they only take home 400k+ after taxes :sadbron:


most of us have job in one city clown. we dont get taxed by 10 other states.or have agent and accountant fees.

And most of us aren't getting paid 400k after taxes. Most of us aren't working jobs where 400k after taxes is considered lower bracket.
 
Joined
May 1, 2012
Messages
4,130
Reputation
1,009
Daps
8,544
Reppin
SoFla
keep in mind, this is before any deductions. if they have a good accountant, their effective tax rate can probably be around 20% if they know what they're doing
 
Top