In a 2017 article by ESPN, NBA salaries were given a closer look to understand how these lucrative professional athlete contracts work, and what their true value is.
In the article, we see exactly how much highly paid NBA players like Stephen Curry, Lebron James, and others are actually keeping in net sum, versus the gross total of the contract.
Stephen Curry’s contract at the time looked like this:
In comparison, Lebron James’ contract at the time looked like this:
It is due to the nature of these contracts in which the net pay dramatically differs from the gross total of the contract, that solutions and financial strategies with prioritize of maintaining, and protecting the net salary of such similar high net-worth individuals is pertinent in order to be able to enjoy the fruits of their labor post athletic career or other avenues of accumulating wealth.
You can find the full ESPN article below.
How much the NBA’s biggest stars actually earn