Chapter 100: Salary Issues

"Salary issues?" Meng Xiaohao looked at Edward suspiciously, "Is there anything wrong with this?" ”

Just look at Edward "hehe" and smile, "Your rookie salary is $2.8 million a year!" ”

Meng Xiaohao nodded.

"Do you think you can really get that much money?"

Edward's words made Meng Xiaohao stunned, "What do you mean, is there still an unspoken rule in the North American Alliance?" ”

Edward smiled and shook his head, "I said you were young!" You still don't believe it! Don't you know what paying taxes is? Youngster? ”

"Pay taxes?" Meng Xiaohao was a little confused, "Our salary is not after tax?" ”

"How can it give you after taxes, how much money does the team have to pay you!" Edward was almost amused by Meng Xiaohao's words, this young man was so interesting.

"That'...... How much do I have to pay? ”

"Your annual salary is over $430,000!" Edward said to Meng Xiaohao, "So you have to pay the tax rate according to the highest standard of 39.6%. ”

"A 39.6% tax rate?" When Meng Xiaohao heard this, he immediately took out his mobile phone, transferred it to the computer, and began to calculate, "That is to say, after I pay the tax, there is still ...... left." Almost $1.7 million? ”

Edward nodded.

"Oh my God!" Meng Xiaohao hugged his head and fell on the bed, "This is too terrifying!" ”

"Huh? Young man, is this not over? Edward looked at Meng Xiaohao with a grin, "Do you think it's okay to pay the tax?" And what's more! ”

"And?" Meng Xiaohao looked at Edward blankly, "What else?" I don't want to hear it! ”

"You just paid the federal tax in the United States, and then you have to pay the state tax!" Edward's smile became increasingly weird, making Meng Xiaohao shudder.

"State taxes? What is that? Now Meng Xiaohao is very unhappy when he hears the word "tax".

"As the name suggests!" Edward looked at Meng Xiaohao, "It's the state taxes of the states, which need to be handed over to the states!" ”

"And how much do I have to pay?" Meng Xiaohao was already decadent, he looked at Edward, his face was unhappy, as if these tax rates were all because of Edward.

"New York's state tax is 4 percent, but because your annual salary is over $430,000, it's the highest local tax, 8.75 percent," Edward said to Meng Xiaohao with a smile.

Meng Xiaohao took out his mobile phone again and calculated, "That's equivalent to 2.5 million US dollars?" ”

Edward nodded.

"That's nothing!" Meng Xiaohao felt that the tax problem was gone, and the problem had been basically solved.

But unexpectedly, Edward's smile was still the same, which made Meng Xiaohao have an ominous premonition.

"What do you think? And that's not all! Edward continued, "You also have to pay 8% of your salary to the Union every year after tax, and make sure that your salary income does not exceed 57% of the total income of the Union as stipulated in the collective bargaining agreement!" But you don't have to think about it, this will be returned to you in the next season! ”

Meng Xiaohao sighed heavily, "It's too much!" Why are there so many things, federal taxes, state taxes, and escrow salaries, why are there so many things, so don't I only get half of the money? ”

Edward nodded.

At this time, Edward suddenly thought of something, "That's right! One more thing you need to know, I have to tell you! ”

"What's the matter?" Meng Xiaohao looked at Edward with great reluctance.

"Although I am looking for you, I am your agent after all, so I also have to be paid!" Edward looked at Meng Xiaohao with a grin.

"I ...... You ......" Meng Xiaohao was so angry that he didn't want to speak, "Why can't you say it earlier!" ”

"I don't want much, as long as you pay 3% of your after-tax salary, but if I give you a lot of economic benefits, I will also increase the price appropriately!"

Meng Xiaohao covered his face, "I know......"

Looking at the sadness on Meng Xiaohao's face, Edward patted Meng Xiaohao's shoulder, "Young man, you have to understand, don't look at the news report, how much money those league superstars have signed with the team for a few years, they can actually get only a handful of money." ”

"Know Tom. Cruzon bar! Edward asked Meng Xiaohao.

Meng Xiaohao nodded, "Of course I know, the star of the Los Angeles Star Team is very strong!" ”

"Tom. Cruson previously signed a four-year contract with the Los Angeles Stars for $130 million, which is $33 million a year, which is the highest-paid player in the North American league now, so do you know how much money he can really get in his hands? ”

Meng Xiaohao shook his head.

"Officially, Tom. Cruzon's salary, after tax, is more than 16 million, which is less than half. Edward said word for word.

"Nearly half!" Meng Xiaohao was shocked, the current first salary of the alliance was the same as himself, and half of the tax money had to be deducted, which was terrible.

Seeing Meng Xiaohao's surprised expression, Edward smiled, "Now you know how deep the pit and water are in the North American Alliance!" ”

Meng Xiaohao nodded and sighed heavily, "It's terrifying!" I thought it would really be $2.8 million, but now that I think about it, I'm too young! ”

Edward saw that Meng Xiaohao was decadent in an instant, and wanted to comfort Meng Xiaohao, "Xiaohao! Let me tell you this, this is the unknown side of the stars, you don't look at their salaries so high, in the face of the high tax rate in the United States, there is really nothing, you have to accept it. ”

"When you're under the flash, when you're being praised by people, you're going to have to accept some shady things, and this high tax rate is one of them!"

Meng Xiaohao nodded, "I know, in fact, 1.4 million US dollars is a lot!" Meng Xiaohao smiled, looking like he didn't care about the $1.4 million he handed over.

"Of course, you will have endorsements in the future, sports brands, catering industry, automobiles, cosmetics, luxury goods, and appearance fees for attending various events, which are very high, so you don't have to be discouraged, as long as you play hard and become more and more famous, then you can make a lot of money, believe me, I will fight for you a big contract and a high endorsement fee!" Edward patted his chest and reassured.

Meng Xiaohao smiled and nodded, "Okay, I believe you Mr. Edward, then my future salary depends on you!" ”

……

The conversation between the two sides ended......

Edward returned to his apartment, and Meng Xiaohao also breathed a sigh of relief, the problem of this agent was finally solved, and the problem that had been surrounding Meng Xiaohao's ears since Meng Xiaohao played college basketball was finally solved.

Next, as long as you wait for Edward and Meng Xiaohao to make an official announcement (of course, it is not that kind of official announcement), and then hold a press conference and sign a contract, this matter will be completely solved.

Thinking of this, the corners of Meng Xiaohao's mouth rose slightly, the last problem before he entered the alliance has been solved, and now, there is only some communication with the old players in the team, interpersonal communication is not a problem at all in Meng Xiaohao's eyes, he thinks that his communication skills are still very good.

Next, Meng Xiaohao wanted to return to China and return to the team for training before the preseason, and he communicated with the coach of the New York Fortune Team, who also agreed and reminded him to pay attention to his training.

After the draft of the North American League, Meng Xiaohao's basketball career started a new journey, the second phase of college basketball has ended, and what awaits Meng Xiaohao now is the highest league in the basketball world, the professional league, to play as a full-time basketball player.

Meng Xiaohao's first wish has also been realized, he has become a basketball player in a professional league, or in the world's oldest basketball league, his first dream has been realized.

But Meng Xiaohao did not stop, he still has a second dream, he wants to win the championship, he wants to be the first person in history, he wants to become an indelible player in the basketball world......

Now, it's time to get on with that dream!