Just seems like a propaganda piece to try and paint the rich as not that rich.
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“There’s one number you need to understand: a guy making $4.75 million who’s only spending $180,000 in disposable income, fun money, is only left with $1.7 million,” Shannon said. “It’s nuts.”
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Definitely some Hollywood style math to come up with this figure.
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For a player making $4.75 million, agency fees will cost in the area of $130,000.
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The U.S. federal marginal tax rate is 37 percent, according to Shannon’s estimations a player making $4.75 million can expect to pay roughly $1.84
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That 37% is only for the income above 500,000. Everything below is taxed at lower rates, scaling down to the lowest tax rate 10%.
Even if that 1.84 million tax is true, an NHLer earning 4.75 a year would be left with:
4.75-1.84-0.1=
2.81