We all know that Curry is a super giant in the current league and a hot top pitcher in the current NBA. He is also one of the highest-paid players in the current NBA. This season, because Curry was injured, he has been wearing a war-free card and has been recovering, but he didn't play. He can still get a salary of 423 this season, but if the tax rate in the United States is added, the fees charged by Curry's agent group will be added. 4 million has shrunk to 16 million dollars, and the tax rate in the United States is really high!
Curry has won two MVPs in the regular season and three MVPs in the finals. He is a powerful player who combines strength and honor. In order to keep this cornerstone player, the Warriors offered him a five-year top salary contract of $21 million.
When we saw Curry's salary, we found that it was much higher during Jordan's time, so why is the salary in the league so high now? First of all, the annual broadcast fee of the NBA has reached 2 billion US dollars. Now the global market of the NBA is developing very well. Television stations in many countries have signed broadcast contracts with the NBA League, so the NBA League will only raise salaries for its players if it has money.
Secondly, the price of NBA tickets has increased compared with the past. With the change of the times, people's wages have also increased. With money, NBA tickets will also increase with the market. Let's take a look at the recent NBA sideline tickets, which have sold for tens of thousands of dollars. Therefore, it is said that tickets have earned money, and each team will also pay more for its players.
Finally, the major commercial companies cooperate with the NBA to advertise. Look at the advertisements everywhere in the NBA basketball stadium. These advertisers include Adidas, Nike and Li Ning, and the car brands include Toyota, Volkswagen and Honda. Therefore, the advertisers have cooperated with the NBA League, and the players are the most profitable, and they also earn a lot of money.
after reading this question, let's go back to the main body of this question and see why Curry finally got a salary of only $16 million.
We all know that Curry's team, Golden State Warriors, is in California. The tax rate in California is 11.84% of the state tax, and Curry has to pay 4.76 million US dollars, followed by the league tax rate, which is 33.61%, and Curry has to pay 13.52 million US dollars.
the second is that NBA players also need to buy social security, but this is the social security of the league, which is called the league trust fund. Players have to pay 1% of their players' annual salary, and after retirement, the money will be returned to the players, and Curry's trust fund for one season is 4.2 million US dollars.
the next step is the agent's commission. The broker's percentage is about 2.75%, and Curry has to pay his broker a commission of $1.1 million.
the last one is a private dietitian, and the training fee is several hundred thousand dollars.
if you take into account the personal expenses that need to be paid in these warehouses, the salary of over 4 million in the warehouses will be $16 million.