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Beginning in 2002, the Rockets paid their overall rookie a total of $18 million over three years plus one year; The second contract was for Yao Ming's main sponsor Reebok, who gave the "Little Giant" a seven-year, $50 million contract. The two main contracts alone now bring Yao Ming $12 million a year. In addition to these two large contracts, Yao Ming has also signed at least 9 commercial contracts, before and after:
Apple computers, Visa credit cards, China Unicom, PepsiCo, MIG mobile messaging, Sorrent mobile games, McDonald's and TAG Heuer watches, with total revenues of more than $20 million. With these 20 million plus the previous 12 million, Yao Ming's average annual income after landing in the NBA is about 32 million US dollars (about 100 million yuan).
Of course, the front is all pre-tax income. The personal income tax in the United States is 43%, the personal pension is 10%, the economic person takes 4%, and the China Blue Association gets about 300w yuan every year.
Therefore, Yao Ming's average annual income after tax after landing in the NBA is about 100 million yuan.
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Don't look at how much money Yao Ming has on his contract! In the United States, there are also a lot of taxes for high-income people like this. 40% for the federal and 30% for the state
Before Yao Ming landed in the NBA, he signed an agreement with the Basketball Association to give money to the Basketball Association every year. Yao Ming's main income basically comes from his business! and China's endorsement.
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There are also restaurants in Yao Ming, and there are hotels now, and there will be ...... in the futureGod knows.
I don't know if there will be Yao Ming's shoes in the future It is estimated that the Chinese basketball team will wear Yao Ming's shoes and clothes.
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Last year, it was about 50 million US dollars, and the official website said (the annual salary is about 1300w, and the advertising fee is much).
It was the highest paid in the NBA last year.
I'm afraid that only his economic man knows how much he actually takes.
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Yao Ming's annual income is salary plus commercial advertising revenue. In 2004, 100 million yuan. The Olympic year earned more than 500 million. This year, I can only earn close to 500 million. Yao Ming now has about thirteen commercial endorsements.
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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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