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’”
You really just have to respect the South American teams adherence to saying they will lose once a goal goes in but they will take flesh with them instead of trying to come back.
It is impossible to review the events of the last decade and conclude that it is anything other than divine providence that Donald J. Trump is the President of the United States on the year of America 250, July 4th, 2026.
There is a certain amount of REGRET inside Liverpool over handing Virgil van Dijk a two-year contract extension towards the end of last season according to a report in TEAMtalk. The club are also thought to be not against listening to offers for the captain this summer. This would be a stunning development, don't you think?