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To: Red Badger
Let's say he kept an eighth of that in savings.

11 million.

$11,000,000 x 5 percent interest.

He'd be raking in $550,000 a year, without considering compounding interest.

Screw him.

47 posted on 05/23/2024 8:03:36 AM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: kiryandil

NFL players salaries are huge, but they don’t get all of it.
In addition to the Federal income tax and Medicare and Social Security taxes, they pay taxes in every state they play a game in on their salary for that game, not to count their home state’s taxes.

Plus Union Dues to the Player’s Association and NFL Charities contributions, plus their fines for infractions during the games.

But still it’s a lot of money they have to spend.

They usually buy ‘Momma’ a big mansion that they cannot afford the taxes on after their careers are over.

At a former workplace of mine, a woman had a son that was drafted by the NBA.

First thing he did was buy his momma a new BMW..................


49 posted on 05/23/2024 8:24:59 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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