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There is only a pitiful $2 million, don't believe it, because the tax rate in the United States for high-income people is 45%, and some of the rest of the income has to be handed over to the Shanghai General Administration of Sports and relevant departments, so in the end there is only 2 million left ($2 million is the data published online).
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Since Forbes magazine launched its Chinese edition of the celebrity list in 2004, Yao topped the list next year. Compared with his annual income of more than 100 million yuan (RMB) after landing in the NBA, his income in the CBA and Shanghai youth team is almost negligible.
After joining the Houston Rockets in 2002 as the top pick, Yao Ming received two contracts.
One is a 3+1 rookie contract with a total value of about $10,000 for 4 years. Broken up, the annual salary is about 10,000, 10,000, 10,000, and 10,000 dollars.
Yao's second contract began in the 2006-2007 season with a total contract value of about $76 million over five years. Broken down, the annual salary is about 10,000, 10,000, 10,000, and 10,000 dollars. Among them, Yao Ming has not yet received his salary for the last two years.
According to NBA regulations, the annual salary will be paid on the 15th and at the end of each month after the start of the new season.
When Yao Ming was still in China, he got his first contract——— a four-year, $200,000 endorsement contract for Nike, which expired in May 2003. Later, because Nike had been worried that Yao Ming would be short-lived in the NBA, he did not dare to accept the endorsement increase of one or two million dollars per year proposed by Yao's team and chose to give up. So, Reebok appeared at the right time.
In 2003, Reebok offered Yao a 10-year, $76 million contract.
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Yao Ming's 9-year NBA (Weibo) career net income has exceeded 1 billion yuan, and the outside world unanimously believes that Yao Ming's net worth is 700 million. This figure is largely derived from the Hurun Rich List, widely regarded as the authoritative body that tracks the incomes of entrepreneurs and wealthy people in China. According to the Hurun list, Yao Ming's income** is mainly divided into two parts:
Rocket's salary is 76 million US dollars (equivalent to 100 million yuan) for 5 years, and the advertising endorsement income is 21 million US dollars (equivalent to 100 million yuan). But in fact, the 700 million yuan generally identified by the Hurun List is only the income as of the end of 2008, and does not add Yao Ming's income after 2009, if you add the income of these two years, Yao Ming's total income in the NBA has exceeded 1 billion yuan, which does not include Yao Ming's private income that cannot be counted.
However, with the retirement, Yao Ming's income will also drop sharply, because of his frequent injuries and long-term inability to play, coupled with the Rockets' replacement of a new coach, there are repeated rumors in the team that Yao Ming is going to be traded, and Yao Ming's influence in the NBA is declining. Last year, the Rockets paid Yao Ming a salary of about $17 million, and he also endorsed many brands, including Pepsi and Apple, all of which together amounted to about 100 million yuan, while in 2009 Yao Ming earned 100 million yuan. With Yao Ming recuperating from his injury, 100 million yuan was wasted.
Now that retirement is a foregone conclusion, his salary has been lost, and the endorsement fee and endorsement opportunities will be greatly reduced, Yao Ming's annual loss of income will inevitably exceed 200 million yuan.
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2002 Champion Show.
07-08 season salary: $13.76 million.
08-09 salary: $15.07 million.
Contract status: 5 years 76 million, 2005 09 01 signed, 2011 summer expiration, 2010 summer player option.
After the contract expired in 2005, the contract was renewed for another 5 years In the Forbes 2007 revenue list, Yao Ming ranked 17th with 26.3 million US dollars. Although he failed to make it into the top 15, his wealth grew more than his height due to factors such as "being in NBA basketball, the world's most profitable industry, being in the United States, the world's best gold mine, and relying on China, the world's largest market". Among the top 10 players on Forbes' list of earners, seven athletes are in the United States, and three of them are in basketball.
This phenomenon shows that Yao Ming, who has the "three best", is destined to be the darling of wealth. In 2005, Yao Ming signed a five-year contract with the rockets totaling about $75 million, with annual increments of 10 percent of the first year's salary. According to the current player contract, Yao Ming's $12.5 million salary in the 2006-2007 season ranked 28th in the league.
The contract was due to expire in 2010, and Yao Ming was 30 years old at the time. Senior American reporters said that if Yao Ming can play in the NBA until he retires at the age of 40, then Yao Mingguang's salary will exceed the $300 million mark. So far, Yao Ming has signed as many as 13 advertising contracts.
However, Yao Ming does not forget his image while making money. Feng Xiaogang praised him as a "national hero". This praise implies his praise for Yao Ming's refusal of a Japanese international car brand's endorsement of 100 million yuan.
Forbes published in Chinese"2008 China Celebrity List", Yao Ming earned 100 million yuan last year and continued to rank first in the list.
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The salary in the NBA is about 17 million US dollars a year, plus various advertisements**, and now there is the acquisition of the Shanghai Quiet Sharks Duan Yunband, and the annual personal income is almost more than 200 million yuan...
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In the past, it was about 20 million annual salary (US dollars), but this season, new people are introduced, and Scola and others are retained, and the annual salary is about 15 million, and as for the monthly income, you can be punished with twelve arithmetic problems, and you can not ask me The computer is very good.
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At the age of 13, "Little Giant" Yao Ming began to cooperate with Nike. Today, he has endorsed 12 brands: Unicom, Visa, Mac, Gatorade, McDonald's, MIG SMS, Upperdeck, Sorrent mobile games, Garmin GPS, Reebok and PepsiCo, with total revenue of more than 100 million dollars.
In August 2002, two months after the NBA draft, the world's most famous star card companies topps and upper-deck signed Yao Ming one after another, and the Yao Ming card, which cost no less than $150, is the most expensive star signature card on the market.
On January 27, 2003, Yao Ming officially served as the first brand ambassador of China Unicom CDMA with a value of up to 30 million yuan, and China Unicom was also the first domestic enterprise to sign a contract with Yao Ming.
In October 2003, Reebok signed a long-term contract with Yao Ming ($76 million over 10 years). By 2008, Yao Ming will bring in about $300 million in revenue for Reebok, according to a **. Affected by this good news, Reebok on the New York Stock Exchange, on the day, **51 cents.
On February 12, 2004, McDonald's announced that it had signed a contract with Yao Ming, who officially became the spokesperson of McDonald's fast food. On December 17, 2004, TAG Heuer also signed a contract with Yao Ming, and Yao Ming finally stood with the world's most valuable "tiger" Woods.
Then, Yao Ming's worth continued to rise. At the beginning of this year, Yao Ming ranked first in the "2006 Top 100 Chinese Personal Brand Value List" released by the China Brand Research Institute. And now, his total revenue has exceeded 100 million dollars.
Recently, Yao Ming rejected Nissan Toyota's 100 million yuan advertising price code, citing "no reason".
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As the top pick in the 2002 NBA draft, Yao Ming played for a total of nine seasons in the NBA, and in these 9 years, Yao Ming actually only signed two contracts with the Rockets. In his rookie season, Yao Ming signed a 3+1 rookie contract with the Rockets, with a total salary of $18.04 million, and after that, when Yao Ming's contract expired, he signed a five-year contract with the Rockets for $75.36 million, and throughout his career, Yao Ming earned a total of $93.39 million from the Rockets, close to a salary of 100 million, it seems that the income is already very high, but it is actually not so much in Yao Ming's own pocket.
First of all, Yao Ming got 93.39 million US dollars in contract income, of which the federal tax in the United States alone is as high as this, and this time it took nearly 30 million US dollars from Yao Ming's total income, and at the same time, the alliance hosting ** will also take 10% of the salary income, about 9.33 million US dollars, but fortunately, this part is also returned to Yao Ming after Yao Ming retires, in addition, Yao Ming's agent will also get about 2% of the commission, That is, it is about 2 million US dollars, in fact, Yao Ming's income in the United States, which is really attributable to his personal name, may only be about 50 million US dollars.
Of course, the $50 million is not all Yao Ming's income, because after returning to China, Yao Ming also needs to pay a certain percentage of taxes again according to the domestic tax policy, and because Yao Ming belongs to the players in the system, his identity also belongs to the Shanghai Municipal Sports Bureau, so Yao Ming's $50 million income, of which 30% is to be handed over to the Chinese Basketball Association, another 10% to the Shanghai Sports Bureau, and another 10% to the Shanghai Shark Club, What really comes to Yao Ming's hands may only be between $20 million and $30 million.
<> However, for Yao Ming, he is actually lucky, because the state of Texas, to which the Houston Rockets he plays, does not have its own state taxes, which also avoids about 10% of the tax expenses for Yao Ming, and with Yao Ming's performance in the NBA league at that time, in fact, his income can only be regarded as in the lower middle, after all, after Yao Ming's rookie contract with the Rockets ended, Phil Jackson and Kobe Bryant at that time once strongly invited Yao Ming to join the Los Angeles Lakers, and provided Yao Ming with a very considerable income, but Yao Ming stayed in the Rocket Team in the spirit of the contract, and it can be seen from this that Yao Ming himself has a very noble and loyal quality!
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It is worth mentioning that Yao Ming actually did not get much of the nearly 100 million yuan in wages he earned in the NBA for 9 years. First of all, he has to pay the taxes to the US federal **! And this means that Yao Ming has to pay taxes with more than 31 million US dollars of income before he gets the salary of nearly 100 million yuan.
Secondly, as a player agent, you also have to take a 2% commission from these two salary contracts, which is about $2 million. Therefore, on the whole, Yao Ming's actual salary in the United States is about 60 million US dollars. In his 9-year NBA career, Yao Ming's salary is nearly 100 million yuan, but do you know how much he actually gets?
However, these are only the wages that Yao Ming has received in the United States. As a player in the system, Yao Ming will not only have to pay 30% of the tax to the Chinese Basketball Association after returning to China, but also pay 10% of the points to the Shanghai Sports Bureau and the Shanghai Sharks. After these miscellaneous tax items, the salary that can be left for Yao Ming's personal distribution in the end is almost between 20 million and 30 million!
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Seventy million. The more you earn in the United States, the more taxes you pay, so you have to deduct 30 million.
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The actual hand is also 100 million, and it does not need to be distributed to others, and the same is true for other players in the team.
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