JJ Redick says Michael Jordan and California are the reason NBA players and other athletes pay the jock tax
“I believe Michael Jordan was essentially the reason that athletes get taxed the same way that entertainers get taxed. At the height of MJ, this guy's earning $30 million on his NBA salary, and he's going and playing in the finals in these different states”
“I want to say it was California. They were like, ‘Ah, this is messed up. This guy should be paying us taxes while he's here. He's working. He's making a lot of money.’ So all these states instituted this tax”
“When people sign NBA contracts and it's like, ‘Oh, this guy's worth this amount of money,’ it's like, no. Cut it in half before the guy spends a dollar. In some states like California you probably cut it a little bit more than half because then you're paying agent fees as well”
“I remember you could negotiate like a 20% signing bonus on your rookie deal. I was expecting $200,000 to be deposited into my account on August 15th. I was like, ‘This is the most money I'll ever have.’ Then I saw the wire hit, and I was like, ‘Oh’”
🚨 PISTONS NATION 🚨 Hearing massive buzz out of Detroit! Trajan Langdon is actively hunting for Cade's co-star to push this 60-win roster over the top.
Rumored trade targets floating around:
🎯 Tyler Herro
🎯 Trey Murphy III
🎯 Bradley Beal
Who do YOU want?👇 #DetroitBasketball
There are thousands of Bill Simmons imitators and some are very good. Some can offer a reasonable facsimile of The Sports Guy.
But this right here shows you why he's the best to ever do it - the palpable despair, the needlessly personal details. He's the master of the art form.
The NBA is implementing a "one free-throw" rule during Summer League. If a player is fouled while shooting, they'll get one free-throw, and it'll count for all the points they were attempting.
So yes, if they're fouled on a three, they'll shoot one free-throw, worth 3 points.
LeBron leaving LA is bad for Detroit btw
They can renounce his rights and immediately persue Duren with their cap space
The Kings aren’t the team to worry about, the Lakers are
#DetroitBasketball