Author Topic: NBA player take home pay  (Read 7823 times)

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NBA player take home pay
« on: November 24, 2013, 09:32:17 PM »

Offline Tr1boy

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Couldn't really find much info on this on the net.  Just curious to know. If a NBA player makes 20 million a year , minus injury insurance, agent fees, taxes etc., how much does he take home?

I read before some players , like Kobe get most of their salaries before the season ends.  Do other playes get paid biweekly like most people?  Is it for the duration of the nba season or for the whole year?

The real question is,  how do they figure out which one of them pays for the team dinner. =]

Re: NBA player take home pay
« Reply #1 on: November 24, 2013, 09:37:16 PM »

Offline guava_wrench

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Couldn't really find much info on this on the net.  Just curious to know. If a NBA player makes 20 million a year , minus injury insurance, agent fees, taxes etc., how much does he take home?

I read before some players , like Kobe get most of their salaries before the season ends.  Do other playes get paid biweekly like most people?  Is it for the duration of the nba season or for the whole year?

The real question is,  how do they figure out which one of them pays for the team dinner. =]
I know some sports pay out during the season and many players run out of money before the next season due to a dumb lifestyle.

Re: NBA player take home pay
« Reply #2 on: November 24, 2013, 09:39:55 PM »

Offline Eja117

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I assume they must get paid or else the NBA can't fine them for speaking their minds

Re: NBA player take home pay
« Reply #3 on: November 24, 2013, 09:40:52 PM »

Offline BASS_THUMPER

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ballers spending millions on
cars, mansions, parties, girls, child support

and me spending my money on
40's, cable and big bertha

at the end of the month we prolly have the
same amount of cash

*sippin*

Re: NBA player take home pay
« Reply #4 on: November 24, 2013, 09:50:32 PM »

Offline Tr1boy

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I assume they must get paid or else the NBA can't fine them for speaking their minds

LOL

Is this the reason why Rasheed Wallace was more outspoken on pay day?

Re: NBA player take home pay
« Reply #5 on: November 24, 2013, 09:55:20 PM »

Offline Tr1boy

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Couldn't really find much info on this on the net.  Just curious to know. If a NBA player makes 20 million a year , minus injury insurance, agent fees, taxes etc., how much does he take home?

I read before some players , like Kobe get most of their salaries before the season ends.  Do other playes get paid biweekly like most people?  Is it for the duration of the nba season or for the whole year?

The real question is,  how do they figure out which one of them pays for the team dinner. =]
I know some sports pay out during the season and many players run out of money before the next season due to a dumb lifestyle.

I guess its hard for us regular joes to get it. But if i even had 10 million dollars of home take money, didn't know jack about investments, didn't trust anyone, all you would have to do is put that money in a regular savings account (3-4 percent interest) and then you could live off the interest yearly for the rest of your life.

Re: NBA player take home pay
« Reply #6 on: November 24, 2013, 09:56:35 PM »

Offline BigAlTheFuture

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I think NBA players can choose to be paid bi-weekly or in full before the season starts. In the NFL, they paid every game.
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Re: NBA player take home pay
« Reply #7 on: November 24, 2013, 10:00:14 PM »

Offline Tr1boy

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I think NBA players can choose to be paid bi-weekly or in full before the season starts. In the NFL, they paid every game.

You sure? Bc then why would anyone take the biweekly option

Re: NBA player take home pay
« Reply #8 on: November 24, 2013, 10:01:36 PM »

Offline BigAlTheFuture

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I think NBA players can choose to be paid bi-weekly or in full before the season starts. In the NFL, they paid every game.

You sure? Bc then why would anyone take the biweekly option

Many reasons.
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Re: NBA player take home pay
« Reply #9 on: November 24, 2013, 10:07:31 PM »

Offline Eddie20

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This was written during the lockout:

Quote
There are some owners who think the players union will cave once players start missing a few paychecks (their first one wouldn’t be until Nov. 15, then most players are paid bi-weekly through the regular season). The longer the players can hold out, the more the owners have reason to compromise as they are not getting in any revenue from games and they still have expenses.

Some have it set up to be paid bi-weekly over the course of the calendar year, but the majority are paid bi-weekly during the NBA season.

Re: NBA player take home pay
« Reply #10 on: November 24, 2013, 10:15:10 PM »

Offline Tr1boy

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This was written during the lockout:

Quote
There are some owners who think the players union will cave once players start missing a few paychecks (their first one wouldn’t be until Nov. 15, then most players are paid bi-weekly through the regular season). The longer the players can hold out, the more the owners have reason to compromise as they are not getting in any revenue from games and they still have expenses.

Some have it set up to be paid bi-weekly over the course of the calendar year, but the majority are paid bi-weekly during the NBA season.

So are the wild spenders the ones setting up for biweekly pay for the whole year?

Re: NBA player take home pay
« Reply #11 on: November 24, 2013, 10:19:22 PM »

Offline Tr1boy

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I know kelly olynyk is not a wild spender. The guy wont even buy a fork or shower curtain and rather drive to the team facilities to take a shower. Lol

Re: NBA player take home pay
« Reply #12 on: November 24, 2013, 11:22:35 PM »

Offline D.o.s.

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Threads like this can very quickly veer in a direction that makes me sad to contribute to Celtics Blog.
At least a goldfish with a Lincoln Log on its back goin' across your floor to your sock drawer has a miraculous connotation to it.

Re: NBA player take home pay
« Reply #13 on: November 24, 2013, 11:31:26 PM »

Offline freshinthehouse

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Crazy to think that a guy like Kobe is getting over a million every two weeks even after his agent and Uncle Sam take their cut.

Re: NBA player take home pay
« Reply #14 on: November 24, 2013, 11:33:39 PM »

Offline D.o.s.

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Crazy to think that a guy like Kobe is getting over a million every two weeks even after his agent and Uncle Sam take their cut.

Did you know that some players have to pay state tax whenever they play in that state?

I know Memphis has a tax like that, and it applies to the road team as well.
At least a goldfish with a Lincoln Log on its back goin' across your floor to your sock drawer has a miraculous connotation to it.