LeBron James Set to Lose $269K Alongside Other NBA Cup Champs Upon Return From Vegas

The Lakers Triumphed In The NBA's New In-Season Tournament, But The Sweet Victory Comes With A Bitter Aftertaste: Taxes. The $500,000 Prize Meets Its Match In Taxation Woes.

" I've Been Getting At Least 7,8,9 Hours Of Sleep a Day Feeling Good, the Weight Is Good- a Lot of Energy."

LeBron James might not take home the $500,000

Despite the $500k prize in the NBA tournament, players end up with only $231k after taxes. A stark reality as December expenses loom, highlighting the less glamorous side of high earnings.

A quick look at the different taxes for NBA players

NBA players face a tax maze: Federal taxes at 37%, state income tax, the notorious jock tax for playing in different states, and agent fees of 3-5%. Imagine a $100 million income shrinking after this fiscal rollercoaster.

" I've Been Getting At Least 7,8,9 Hours Of Sleep a Day Feeling Good, the Weight Is Good- a Lot of Energy."

Giant Shaquille O’Neal Admits His Real Height After Revealing He’s Not 7 Ft Tall

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