The income of NBA players is so high that it is tens of millions. Why do many people go bankrupt?

Are NBA stars all black sheep? If you don't have a reasonable plan for your property, you can easily get lost in money.

American racial culture is deeply rooted. In their history and culture, it is not easy for black people to get ahead, but they have many unique advantages, such as physical talent. Some Americans with excellent health decided to play in sports leagues, including the NBA, which everyone is very familiar with. I want to find a job in the NBA because the salary offered by the NBA is very high, even an ordinary contract is as high as one million dollars. But even so, many people retired and went bankrupt.

In fact, this is because these athletes do not have a reasonable property planner in their daily lives. Many people are very poor and suddenly move from the bottom of society to the top. They will gradually lose themselves in the drunken dream, and even go in and out of some high-end luxury places for aimless exaggerated consumption. In the long run, their property will be greatly reduced, and even many athletes will be on the verge of bankruptcy before they retire and have to engage in other industries.

In addition to self-crazy consumption, there is also a very important factor, which is the need to pay huge taxes. High income means paying high taxes. /kloc-A salary of $0.00 million is likely to be easily deducted from the tax amount by hundreds of millions of 54 million dollars. In addition, every athlete can get millions or even tens of millions of dollars, but because the work of professional basketball players is not so easy, a person often needs the strong support of a team, not only to pay for the daily living expenses of these teams, but also to hire them. Such money alone is a huge salary.

So now many professional athletes, after getting a stable contract, will also seek a reliable financial management team to help them manage their accumulated wealth, so that many professional athletes now play basketball instead of their main business. Business investment outside basketball is enough to support them to become successful people, such as lebron james, who is very familiar to everyone. His investments involve real estate, food, sports and so on. Only in this way can we ensure that our assets will not shrink sharply, but will rise steadily. I believe most players are aware of this, which is not a bad thing for the long-term development of NBA.