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re: Soccer legend Lionel Messi has received a salary of $674 million over the past four years
Posted on 1/31/21 at 12:26 pm to SoDakHawk
Posted on 1/31/21 at 12:26 pm to SoDakHawk
quote:It has a lot more to do with American sports leagues emphasizing profitability unlike their European counterparts. In the US, teams are businesses first and foremost.
It makes sense. North America has 5 major sports that have the top leagues in the world, MLB, NFL, PGA, NHL, and NBA. Add in the MLS, X Games, and other sports and the North American sports entertainment dollar is very divided.
This post was edited on 1/31/21 at 12:32 pm
0
Posted on 1/31/21 at 12:28 pm to Maximus
quote:
20% of $675mm is frick all - Myrtle Beach Insurance Salesman
Huh?
Posted on 1/31/21 at 12:30 pm to Vlatket
quote:
Actually Messi was supposed to be sentenced for tax evasion but they reduced it to a fine.
I don’t think he was supposed to be sentenced
I believe in Europe if it’s a non violent crime like this you only pay fines
Posted on 1/31/21 at 1:28 pm to S
quote:
Spain’s tax laws are pretty gay
It’s like a right of passage for elite players there to get tried for tax evasion
quote:
The taxes in Spain are most likely insane. I doubt he takes home a lot of that.
Too funny!
A very, very rough estimate is that he’s be able to pocket around 48% of his earnings.
I’m sure he has some accountants working things to his favor, but if he did everything straight up Spain’s income tax rate for his earning is around 52%, give or take. That doesn’t include any regional or local taxes.
This post was edited on 1/31/21 at 1:30 pm
Posted on 1/31/21 at 11:27 pm to TheeRealCarolina
He only makes about 100k per year, you prolly make more
Posted on 2/1/21 at 3:39 am to SoDakHawk
Only Messi is earning at this level, and I believe this includes his image rights. I think Ronaldo is earning a good bit less (from his club anyway), but it always gets difficult to compare because Italy usually reports after-tax salaries
Posted on 2/1/21 at 5:28 am to jfran23
quote:
only makes about 100k per year, you prolly make more
Oh if that’s the case, he definitely does
Posted on 2/1/21 at 7:46 am to TheeRealCarolina
quote:
What’s his agent’s cut and how much does he pay in taxes? All that salary means frick all of he only takes home 20% of it.
I'm no mathematician, but I'm pretty sure 20% of $674mil is more than 20% of $200mil or 0% of $674mil.
So yeah, sign me up.
Posted on 2/1/21 at 11:40 am to TheeRealCarolina
Yeah, it would be kind of tough to scrape by on only $33,400,000/year (20% of $167,000,000).
Posted on 2/1/21 at 11:51 am to Bench McElroy
You can be certain that he takes home at least 75% of that.
Posted on 2/1/21 at 3:57 pm to SoDakHawk
More to do with players getting 85% of revenues over there bc of pro/rel and UCL money
Posted on 2/1/21 at 5:34 pm to Skripper
quote:
Yeah, it would be kind of tough to scrape by on only $33,400,000/year (20% of $167,000,000).
Chump change to TRC
Especially after this last week
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