Courtesy of ESPN Dot Com
Kobe Bryant is still out indefinitely with an Achilles injury, but he made $24 million dollars today. Your probably asking yourself “why”? Well, lets break it down. Kobe Bryant has an annual salary for this season that is supposed to net him $30.5M dollars. Some players sign contracts that pays them bi-weekly, bi-monthly, but being Kobe Bryant and a few other players gets 80 percent of your salary upfront at the beginning of the regular season due to the collective bargaining agreement. Black Mamba’s total peaks at the $24M he was given today. Here is the downside. He is in a very high tax bracket and the fact that he lives in California……when you take out all the taxes, he will only see roughly $11M. My goodness!!! Oh, his salary is guaranteed, but still we now know why Kurtis Blow’s favorite sport is basketball and mine too…applaud that man!
