Tyrese Haliburton just signed a 5-year $207M contract extension w/ the Pacers. Here's how much he will actually earn: 😲 $41.4M: Salary - $15.3M: Federal Tax $4.1M: NBA Escrow $1.2M: Agent Fee $971k: FICA/Medicare $690k: Jock Tax $652k: Indiana Tax = $17.7M: Net Income

@AndrewPetcash We never even think about all this, literally most athletes getting actually paid around 50% of whats on paper, crazy.

@AyoErk the general rule is anytime you see an athlete sign a significant contract - take the final number and cut it in half to get a better idea

@AndrewPetcash @AyoErk Or get a better accountant 🤷‍♂️ when you're that wealthy, a competent accountant should figure out a way for you to keep most of your money.

@ruthklxess @JeriTsaiNets @AndrewPetcash @AyoErk 😂