LeBron. James is an American professional basketball player who plays as a small forward and was born December 30, 1984, aged 39. People who are god-like beings in basketball!
By the age of 39, we are all afraid of a midlife crisis, it is difficult to find a job, we are discriminated against at an older age, and sometimes we have to reduce our salary requirements in order to have a job.
And 39-year-old LeBron. James has no employment troubles, the older he gets, the better he gets! After he turns 40, he will still receive an annual salary of $50 million.
In August 2022, James signed a two-year $97.1 million maximum salary contract with the Lakers, and after the extension, James' contract with the Lakers was extended to the 2024-25 season, and his annual salary for the three years from 2023 to 2025 was $44.47 million, $46.7 million and $50.4 million, respectively, and James had a player option in the final year; That is to say, in 2025, James can jump ship, or he can take $50.4 million with the Lakers! If it were me, it would smell good to hold $50.4 million!
When James turned 35, the Lakers offered him a two-year, $85 million contract extension, which continued until 2023.
When I was a few years younger, I signed a contract for 2 years and $85 million, and after a few years old, I could actually sign a contract with a higher salary, which rose to 97.1 million US dollars for 2 years!
Such a part-time work achievement is unmatched in the NBA, and he can be called the emperor of part-time work! Most players are already marginalized around the age of 36, and by the age of 39, James can sign more than 40 million annual salaries. Duncan's total salary for the last 4 years of his career is not as much as James earns in a year.
Because James renewed his high-salary contract, "America's No. 1 Jen Hei" Skip Baylors tweeted to bombard James, saying that he was unwilling to take a salary cut to renew his contract, destroying the construction of the Lakers and leaving the Lakers dollar without a future!
63.05% tax paid
We've always been curious about what percentage of taxes people pay on high salaries, and for James, he pays about 63.05% of his salary in taxes and commissions.
Our tax deduction of several hundred dollars for 10,000 yuan is already crying to the sky, but the US tax rate is really scary!
Some people say that this part-time job is lonely! In the end, it was all given to the US government!
Yes, there are quite a lot of taxes in the United States, he divides federal taxes (handed over to the state) and state taxes (handed over to the state), think that we are still good, just pay taxes to the state!
The state tax in the United States is different in each state, some high and some low, generally below 13 points, and the Rockets Spurs Mavericks are relatively low.
For players, there are also third-party escrow and agent commissions, and there are not many real hands!
Based on James' annual salary of $4447w for the 2022-2023 season,
The federal tax is 37 percent: about $16.45 million
California tax is 13.3 percent: about $5.91 million
Escrow is 10%: approximately $4.45 million deducted
Medicare and broker commissions are 2.75%: about $1.22 million
Finally arrived: 16.44 million US dollars, calculated as high as 63.05%.
It's really robbing the rich and helping the poor! Federal taxes California taxes are already over 50%!
But James wins in a high annual salary, deducts so many taxes, and more than ten million!
The total salary of his career exceeded 500 million
James entered the NBA as a top player in 2003 and has been in 20 seasons, during which he signed a total of 9 contracts with a total salary of more than 500 million! The salary for the two seasons of 2023-2025 will already be $97.1 million!
His total salary ranks first in NBA history. It is estimated that no one can surpass it! After all, who else can fight efficiently until the age of 39!
In October 2022, James averaged 25.8 points per game! Union 14th;
In November, he averaged 25.8 points per game! Union 11th;
In December, he averaged 31.2 points per game, ranking 4th in the league;
In January 2023, he averaged 35.3 points per game, first in the league!
Who else!
If James' other endorsement income is added, James' total revenue before retirement is expected to exceed $1 billion, which refers to salary and endorsement income.
But whether it's a salary or business endorsement fee, James pays 37 percent federal taxes and 11 percent California state taxes.
James' commercial contracts were also excellent, and he signed a lifetime marketing contract with Fenway Sports Group. Through this contract, in 2021, James and his business partner Mafolik Carter acquired a 1% stake in Fenway Group.
The market capitalization of Fenway Sports Group has exceeded $10 billion, and a 1% stake means more than $100 million. James has another big income here!
Fenway Group is strong and owns several clubs: NHL Pittsburgh Penguins, MLB Boston Red Sox and Premier League Liverpool, among others.
Working Emperor James
Such James can be called the working emperor of the sports world! By the age of 40, he can still take his all-time high salary of $50.4 million!
His total salary is the first in NBA history!
Sportico announced the 2022 global athlete income ranking (not limited to basketball player rankings), James with 126.9 million US dollars, beating Messi and Ronaldo, ranking first among global athletes. You know, he's 39 years old!
There are four NBA players in the top 10, along with Curry (No. 6), Durant (No. 7) and Harden (No. 9).
I always thought that James couldn't do it when he was old, but this guy told everyone that he would not retreat for a day, and everyone would be a minister!