Chapter 79 Sponsorship and Taxation
Aosta is a very trustworthy lad, saying that if he can reach the final, he will reach the final, and the score is swept in two sets all the way, without the slightest hint of last week's weakness.
The opponent is credited, of course, Fan Ju also gives face, in the process of the final, it is very good to help Aosta complete, not to play the promise of the third set, in fact, Fan Ju is really a bit of a bully, the whole process is doubling the state to find a feeling, as for the way of play, it is directly used to use the ball to the net, Aosta can basically see the Fan Ju who is ready to go to the net every time he catches the ball, and the rhythm of the net is not discounted at all.
Since the competition has lacked challenges for him, Fan Ju prefers to use these competitions to practice something that he has not done in an online school before.
Although you and Sharapova have practiced a lot of times, in the later stage, the thin girl can't withstand the impact of Fan Ju's growing strength and degree, and often loses her armor without a few waves of attacks, so she almost can't stand it and begs Fan Ju for mercy.
As for the other test products, Wayne is even more "vulnerable", Fan Ju basically doesn't need to play practice with Wayne in the double state, this is not looking down on or bullying his good buddies, it is purely in the state of doubling, Wayne didn't have time to find the feeling of coping with himself and lost almost, and Fan Ju doubled the state with his current strength, which can only be described as "abused".
In order not to let Wayne give up this promising professional tennis job and go to write his unreliable science fiction detective novels, Fan Ju usually chooses to play practice matches with him in an ordinary state, and occasionally doubles it to let him get used to the feeling of playing against masters, which has helped Wayne improve his own strength.
Wayne's overall strength is actually only one level behind Fan Ju, without a double state, Wayne's overall offensive is still relatively distinctive, especially the characteristics of the left-handed racket, which can allow him to take a lot of advantage of opponents who are used to playing with the right hand.
Fan Ju is not unrealistically expecting his friends to reach the top with him, and for most professional tennis players, being able to enter the tour is already a very good result.
Compared with most players who can only compete in hope tournaments and challenge tournaments all their lives, being able to participate in the tour can be regarded as having the strength of the world's top 1oo or above, and in the tens of millions of tennis people around the world, this strength is enough to be proud of.
With two clean 6-2 handicaps, Fan Ju finally ended his long trip to India, but just as he was about to pack his bags and go home, he now had to deal with some trivial matters outside of the game.
It seems that the game is over, but Fan Ju has to face two very heavy problems, the first is the good news that Rembrandt brought to himself, Fan Ju's excellent watch in the orange bowl has long aroused the interest of many racket sponsors, and at present, for Fan Ju, a short-term sponsorship contract will bring him a lot of income.
However, it is clear that several are very measured, and will not bet indiscriminately when Fan Ju has not yet shown excellent strength, and even India's three consecutive championships only prove that Fan Ju is in excellent condition, and whether he can play in the challenge tournament, or even the tour tournament that is really concerned by these big names, it will take some time to test.
"150,000 US dollars for 2 years, the other party can get your limited image use rights for two years, and provide free rackets for games and training under normal consumption, of course, unless there are special circumstances, you must use the rackets of Weisheng Company to participate in official competitions." Rembrandt was very happy, and this was the first time he had offered a real commercial contract as a broker since he took over Fanju.
IMG's resource channels are very strong, before the start of the Indian tournament, Rembrandt had already set Fan Ju's tone, and Fan Ju also realized that it should be related to the sponsor of the racket, but he didn't expect that there would be so many at the time, and after comparing it with other young players, he felt that it would be very good to reach $50,000 a year.
However, he still underestimated the influence of Img in the tennis world, Wells as a famous racket brand, and Weisheng cooperation is not less, including Haide and Baibaoli These big brands have very close cooperation, Fanju's offer is not the highest bid, but in terms of annual and future results, a 2-year contract of 150,000 US dollars is undoubtedly more in line with Fanju's future commercial value than a 5-year contract of 4o.
I am also very happy to get this contract model, the price of Willwin is actually not low, he is just a young player, he does not even have a conspicuous major tournament result, as for the future champion, it is not worth mentioning for these big companies with a world vision.
Fan Ju is well aware that part of the reason for this contract is related to his being a signed player with Img, and the other is that Rembrandt told him about the domestic rankings that he did not pay attention to.
China's No. 1 men's tennis player, Fan Ju's strength is undoubtedly in line with this title, even if the points still need to be accumulated, but business, it needs a certain forward-looking, not to mention that Fan Ju's table is indeed impeccable, and those big companies are not blind, of course, they understand the importance of investing in advance.
The early investment of hundreds of thousands of Weisheng does not care whether the investment can be recovered, and even they are ready to play for a long time, they look at the farther future, as long as Fan Ju can maintain a certain strength, wait until a few years later, there has been cooperation with Weisheng, as long as the conditions are comparable in the renewal of the contract, the advantage must be on their own side.
Therefore, the cooperation between the two sides hit it off, and at the same time, Fan Ju also avoided the dilemma of owing a lot of debt to Img.
However, when he saw that the money was about to arrive, Fan Ju was faced with another problem, taxes!
"India's bonuses need to pay the highest 3o% personal income tax, 117o US dollars in taxes, in addition, the sponsorship of the company will go directly to the accounts of the Chinese company, so you can directly pay Chinese taxes, you can pay 3o% personal income tax on labor remuneration, so this year's sponsorship expenses, deducting the share to the brokerage company, you can declare and pay 219oo US dollars first, and then pay 219oo US dollars in income tax next year." Rembrandt's brain was like a small computer, and it didn't take long for the final result to be calculated.
Fan Ju's 9oo US dollars for last year's game in Kenya are tax-free locally, so they are not counted, starting this year, Fan Ju's after-tax individual competition bonus is 273o, of which 1o9.2 US dollars is the economic commission belonging to Img, Fan Ju himself US dollars, as for the sponsorship fee, 75ooo US dollars per year before tax, this part will be deducted from Img's commission first, and the final vesting of Fan Ju is 72ooo US dollars a year, and after paying 3o% personal income tax, there is still 511oo US dollars.
That is to say, Fan Ju's annual income from this year to the present is US dollars, which is equivalent to about 430,000 yuan in RMB exchange rate of the year, and this income will continue to change with future sponsorship fees and competition bonuses.
Fan Ju's brain after rebirth is good, but he was stunned by these complicated tax rates, he now knows that the original prize money to compete in each country is still subject to tax, in addition to some competition image fees can be deducted from taxes, if you go to the UK to win a prize of 1oo million pounds, then congratulations, you can take away only 5o million pounds, because the remaining 5o million was confiscated by the British government, which is called personal income tax!
Compared with the British, the Chinese government is already kind in this regard, and the personal income tax on labor and bonus income is only 3o%, of course, there is no various tax refund policies in the United States, and if you want to avoid taxes, you have to go through other channels.
If it is an enterprise or operating income and salary income, the domestic individual income tax can reach the highest proportion of 45%, but it is difficult for Fan Ju to live a life of salary in this life, and it may be similar to pay wages to others.
"I thought that 75ooo US dollars was quite a lot, but there are only more than 50,000 left in and out, it seems that we are still a middle-to-middle poor household in the country, and we have to continue to work hard!" Fan Ju looked at the rest of the numbers and sighed, this money in Shanghai is enough to buy a set of 1oo square meters of real estate with a good location, but it can be placed in Europe and the United States, which is the income level of the ordinary middle class for a year.
Fan Ju knows very well that if tennis can't play well, it's actually a money-losing business, and he is a special case, taking a player like Wayne who has good talent but is not a top player.
Just 1O years of training, if you choose a top online school like Nick, then the cost will be more than 5O US dollars, plus the cost of touring the world competition, participate in 2O competitions every year, the average cost of each time is distinguished by distance, ranging from 2ooo-5ooo dollars, and the career is based on 1o years, the cost will be as high as 4o to 1oo US dollars.
As for the rest of the medical treatment, not counting the cost of training, the total cost of your entire career to ensure that you are in the lowest condition and at the lowest level is more than a million dollars.
With the current scale of the prize money of aTp players, only those players who can participate in the tour level can reach this level of total prize money, the ranking of about Top2oo, and the total prize money of their careers, most of them are only 100,000, and only a few can reach 200,000.
Without other inflationary factors, it means that you can't make it to the top 1oo in the world, and it's basically impossible to recoup your investment by relying on prize money, so as a professional player, it's impossible to stick to your entire career without all kinds of sponsorships and activities.
Once injured, years of hard work and early investment may be wasted, not to mention the waste of more than ten years of precious time, which shows how harsh the cruelty of a tennis career is.
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