How Much of His Mega $304 Million Contract Extension Will Jaylen Brown Actually Take Home?
Jaylen Brown is set to make history by signing the richest contract in NBA history.
The Celtics star is set to sign a 5 year $304 million contract extension.
This means that Brown will have a yearly salary of around $60.8 million which is almost $6 million more than second ranked Jokic.
How much of the $60.8 million will Brown actually take home? let's take a closer look.
Of the $60.8 million, Brown will have to pay $22.5 million federal tax, and $6 million in NBA escrow.
To add to that $1.8 million in agent fees, $1.4 million in FICA/ Medicare.
Lastly, $1.8 million in jock tax, $2.7 million in Massachusetts Tax. This means he will have a net yearly income of $24.5 million on $60.8 million.