At the beginning of each season, when the salaries of pro athletes are publicized, we're always left wondering: How much do they actually take home?
This NBA season, we partnered with sports tax expert Robert Raiola, director of the sports and entertainment group for PKF O'Connor Davies, to analyze the salaries of the league's highest paid players. We crunched their paychecks to come up with our best estimates of what they walk away with after deductions, as outlined to us by representatives of the players union.
You'll notice that deductions from gross salary include federal, state and city taxes (and in Kyle Lowry's case, Canadian taxes), agent fees (assumed at 3 percent) and a maximum 401K contribution of $18,000.