070: The commercial door is officially opened

How are NBA players paid? When I used to be a fan, Link was always very curious about this issue.

For contracts that cost tens of millions or even hundreds of millions, does the boss let the truck transport the cash to the players, or just write a check?

What does it feel like to suddenly have tens of millions of assets?

However, today, the mysterious question of "how do NBA players get paid" has finally been answered. And the answer made Link quite disappointed.

He thought he would be able to go home happily with $2 million today. But Jeff. Austin's calculation left Link dumbfounded.

"First of all, there's the federal tax, which is 33.61 percent. Then there's the state tax, which is 7% in Tennessee. Then I take a 3% cut of the contract, plus escrow fees and so on, and the amount you end up with is about $1.26 million. ”

Look at Jeff. The number on the Austin calculator, Link was stunned, and his salary was cut by almost half!

But it's nice to be able to go home with a million dollars. One million, that's a number that used to appear in dreams.

However, after putting down the calculator Jeff. Austin opened his mouth again.

"According to the rules of the NBA, November 15 is the first payday every year. After that, the salary is paid on the 1st and 15th of each month, twice a month, and 24 times a year. Since you're only signing with a team until the end of the season, there's no 24, only 12. So today, the amount you can take is ...... "Jeff. Austin said, clicking on the calculator.

"The amount of salary you can take today is $105,000. Congratulations, Link, you're a real NBA player now. ”

"Uh......" Link pouted, why couldn't he get excited. Nonsense, I thought I could go home with 2 million today, but I only got 100,000, this huge gap naturally made Link instantly poured a basin of cold water.

But then again, he used to play in the development league for a year to get more than 10,000. In the NBA, a ten-day contract is only about 50,000. Moreover, after receiving it once, you don't know where the next one will be.

But now, he gets $100,000 in every six months, which is great to think about. Although he was cut by nearly half of his salary at once, he is still a millionaire.

Link clenched his fists, he had fought for so long for this, and finally his dream came true.

"Here's your check, Link. In a matter of minutes, the news of your official contract with us will spread all over the United States. Tomorrow's game against the Oklahoma City Thunder, the media will definitely look at you with a magnifying glass. When the time comes, I hope you will behave well. "Chris. Wallace smiled and handed a check for $105,000 to Link.

This is Link's first time getting paid, so it's a little more ceremonial. After that, the salary is usually paid directly to the player's account.

"Great to work with, Chris. Trust me, we'll be the first to consider an offer from the Memphis Grizzlies this summer. Let's go Link, your signing ceremony is over. Don't think this is your end, boy, there's still a long way to go in the NBA. ”

Austin got up to say goodbye to Wallace and walked out of the office with Link. Link looked at the $105,000 check in his hand, and was a little stunned. And Jeff. Austin looked relaxed and lit a cigarette for himself.

This kind of scene Jeff. Austin has seen too much, he has even signed tens of millions of dollars in contracts, so this kind of small contract of millions can't make a wave in his heart at all.

"How does it feel? From the Development League to the NBA, from a ten-day contract to a $2 million annual salary. You must have felt a lot of feelings. Austin said, patting Link on the shoulder.

"Hmm...... The world of professional basketball is brutal. But once you can get out...... The rewards are also very rich. Link remembered all the things he had been in the Development Alliance, and he cherished his situation even more at this time.

If Upshaw was still around, he would have been able to wait for that day. Returning home with a check for $100,000, the family celebrated a night of boisterous activity. Ms. Martha would surely make her best pineapple pie, and Upshaw's sister wouldn't have to worry about college tuition......

But it doesn't matter, Link is now moving with Upshaw.

"I want to go to the bank first, Mr. Austin."

"Oh? Can't wait to withdraw it? Austin smiled, the average person has $100,000 in his hand at once, and he will definitely want to splurge it.

"No, I'll have to send the money to my parents and Upshaw's mother first. I promised her that I would pay her daughter's tuition in advance. And my parents, they have paid enough for me to go to college for four years and play basketball. ”

Link's answer made the smile on Austin's face disappear. He's seen too many players spend all their money on the first day they get paid. Luxury, car, house...... Even hundreds of thousands of dollars are not enough in front of these things.

However, one of the things that Link did after getting his salary was that he wanted to call someone else...... For some reason, Austin became more and more confident in Link. Sometimes, certain traits of a person may be more important than their skills.

"Link, don't you feel upset? It was $2 million, but it was less than half. Walking all the way to the underground parking lot with Link, Austin didn't rush to get into the car, but stopped and continued to chat with Link.

"To be honest, it's quite unpleasant, hahahaha. After all, who doesn't want to get paid more. ”

"So, the value of business activities is now being felt. As an NBA player, your source of income is more than just your salary. Now, you're an official NBA player. And I, too, have to start your business activity plan. Don't worry, I won't let you go to an amusement park to play basketball with the fans. I'm talking about real commercial contracts, advertising endorsements, TV shows, signing sports brands...... After this contract, other collaborations will follow. ”

"But......" Link looked at himself, "I really have that much commercial value." ”

"It's up to you how you play on the basketball court, and the NBA is a fair place. As much as you can, you can take as much as you want. So, keep up the good work, Link. Like I said, it's not the end, it's just the beginning. By the way, do you have any taboos about commercial contracts? For example, some brands that you don't want to endorse, I will reject them outright. ”

"Uh...... Not at the moment. It's just, don't let me go to those boring activities anymore. "Link knows that every player has some brand that they don't want to endorse at some point. For example, back then, Yao Ming rejected Nike's endorsement invitation. Because Nike's first offer to Yao Ming was so low that Yao Ming felt insulted.

However, for Link now, he has not yet picked and choosed.

"Well, from today onwards, your business cooperation is officially on the agenda. Rest assured, I won't bother you with your training and competitions, and the schedule will be left to me. Go and enjoy your night, Link. Remember, this is just the beginning. ”

Austin waved his hand and drove out of the underground parking lot of the FedEx Arena.

Link stood there and squeezed himself hard. Well, it hurts, and it doesn't mean it's a dream.

From now on, the status of a temporary worker will say goodbye to him.