How will he survive?? Honestly tho wtf is that shit
Existing_Departure82
Maybe explain what you think is obscene about it?
dumbmobileuser789
The players get back the majority of the escrow at the end of the season
CabbageStockExchange
Jock Tax?
CooperHouseDeals
Add the side hustles LA media provides.
356889boop
Don’t they pay taxes according to where the game is played ?? So maybe 40% of his games are not in CA.
just_one_random_guy
Man I would be so pissed if I were him lol I’m getting paid 62 million dollars and can barely even keep 25 million
FailOk8045
OP probably making minimum wage paying no taxes while complaining about a 40% tax rate for someone that makes more in a year than he will in his life
LAFAN4LYFE
Those taxes are absolutely ridiculous
Own_Low8849
Jobless mfs worrying about another man’s paycheck. I bet AD is happy af with his life.
I_chortled
How the fuck do people feel sorry for athletes making this much lol like come on dude. “He’s only taking home 24 million dollars” boo fucking hoo lol
moneylefty
How his state income tax so low? It is supposed to be 13.3%. i know because mine is almost 10%. It is truly nuts out here.
abc4357
Oh no let’s start a gofundme for poor AD
KingVLA24
People counting other people’s money. 🙄
jellybeans_over_raw
He’ll be crying to the bank with more money than any of us could dream of
gorilla_the_kong
Jock Tax?
qkilla1522
This assumes AD has no deductions, business expenses or CPA. The reality is that when he files his taxes his effective rate will be much lower than advertised.
SPat24
Nobody who isn’t a multi millionaire/billionaire should ever be concerned about someone else’s taxes who makes millions. This is especially true when we get to the billionaires who don’t pay shit when they should.
No-Equipment-20
Love AD, he’s my favorite player, and he deserves the contract but I really don’t care. Netting $24M/year is still fucking bonkers.
I’m not going to feel bad that multi-millionaires pay more tax by percentage when the average person makes a *tiny* fraction of that in their lifetime and countless others are living in poverty/homeless.
camsteh
LAPD budget is 2 billion dollars per year and I think rich people like not being put to the guillotine, so they can hold that.
gregmango2323
CA taxes are wack for anyone
joseaner07
How different will he get if he was playing in Florida with no income tax?
LynchMob187
Tax the rich
theseustheminotaur
Playing in california ups your sponsorships by a large margin. He could play in texas and keep 4 million but not get nearly as many sponsorship deals over his entire lifetime.
MaximumNecessary
It’s not just CA taxes (but that will make up the bulk of the state taxes). They need to pay state income tax in EVERY state they play visiting games in as well.
26 Comments
Damn, AD’s net is still more than my gross
How will he survive?? Honestly tho wtf is that shit
Maybe explain what you think is obscene about it?
The players get back the majority of the escrow at the end of the season
Jock Tax?
Add the side hustles LA media provides.
Don’t they pay taxes according to where the game is played ?? So maybe 40% of his games are not in CA.
Man I would be so pissed if I were him lol I’m getting paid 62 million dollars and can barely even keep 25 million
OP probably making minimum wage paying no taxes while complaining about a 40% tax rate for someone that makes more in a year than he will in his life
Those taxes are absolutely ridiculous
Jobless mfs worrying about another man’s paycheck. I bet AD is happy af with his life.
How the fuck do people feel sorry for athletes making this much lol like come on dude. “He’s only taking home 24 million dollars” boo fucking hoo lol
How his state income tax so low? It is supposed to be 13.3%. i know because mine is almost 10%. It is truly nuts out here.
Oh no let’s start a gofundme for poor AD
People counting other people’s money. 🙄
He’ll be crying to the bank with more money than any of us could dream of
Jock Tax?
This assumes AD has no deductions, business expenses or CPA. The reality is that when he files his taxes his effective rate will be much lower than advertised.
Nobody who isn’t a multi millionaire/billionaire should ever be concerned about someone else’s taxes who makes millions. This is especially true when we get to the billionaires who don’t pay shit when they should.
Love AD, he’s my favorite player, and he deserves the contract but I really don’t care. Netting $24M/year is still fucking bonkers.
I’m not going to feel bad that multi-millionaires pay more tax by percentage when the average person makes a *tiny* fraction of that in their lifetime and countless others are living in poverty/homeless.
LAPD budget is 2 billion dollars per year and I think rich people like not being put to the guillotine, so they can hold that.
CA taxes are wack for anyone
How different will he get if he was playing in Florida with no income tax?
Tax the rich
Playing in california ups your sponsorships by a large margin. He could play in texas and keep 4 million but not get nearly as many sponsorship deals over his entire lifetime.
It’s not just CA taxes (but that will make up the bulk of the state taxes). They need to pay state income tax in EVERY state they play visiting games in as well.