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European basketball salaries

Posted: Mon Nov 15, 2010 12:18 am
by MoCapone
what the salary range for european basketball players

Re: European basketball salaries

Posted: Mon Nov 15, 2010 12:34 am
by Eliowns
If you can shoot 3's and can't rebounds/play defense, you can get up to 10mil.

Re: European basketball salaries

Posted: Mon Nov 15, 2010 1:06 am
by wilhelmthe1st
MoCapone wrote:what the salary range for european basketball players



Brandon Jennings contract that he signed was 3 year $1.65M.

Re: European basketball salaries

Posted: Mon Nov 15, 2010 1:18 am
by Sabas11
How much does a car cost?

The highest paid players are around $4 million a year with varying tax regimes depending on the country.

If you play in the Swiss 2nd division it is about $3000 a month

Re: European basketball salaries

Posted: Mon Nov 15, 2010 1:23 am
by slush
there's no such high tax rate in europe so the salaries on book are roughly the exact amount going into their pockets.

Re: European basketball salaries

Posted: Mon Nov 15, 2010 1:29 am
by Promezclan
slush wrote:there's no such high tax rate in europe so the salaries on book are roughly the exact amount going into their pockets.

European countries generally have a higher tax rate than the US, actually. You may be confused by the fact that Europeans salaries are often reported post-tax (because the team pays the taxes), so in order to compare US and European salaries, you have to adjust for that.

Re: European basketball salaries

Posted: Mon Nov 15, 2010 12:05 pm
by droponov
Teams don't really pay the taxes. It's a PAYE system. They collect the taxes on behalf of the government from employees as a provisional payment.

Net salaries oscillate between roughly $10.000/season in the Portuguese secondary divisions or German regional leagues to a few millions dollars in the top Euroleague clubs

Re: European basketball salaries

Posted: Mon Nov 15, 2010 1:36 pm
by BelgianMagic
Here in Belgium the highest ever annual salary is 2.5mil .. I think teams like Olympiacos, Barcelona and the russian teams got payrolls close to the lower NBA teams ..

Re: European basketball salaries

Posted: Thu Feb 10, 2011 4:41 am
by 666
Linas Kleiza recieved 6M a year at Olympiacos. 2 yrs/12,000,000 total but he declined the 2nd year of the contract to play in the NBA.

Top salaries usually are about 5M though.

Re: European basketball salaries

Posted: Sun Feb 13, 2011 9:43 am
by EuroFan