
Don
Years ago
Reported Salaries Of Ingles And Jawai In Europe
I see this comes up as a debate in the Joe Ingles Memphis thread, so it needs to be explained here.
European contracts are only listed in the NET INCOME amount. After all taxes, fees, and expenses are deducted from the contracts.
The clubs in Europe also pay all of the taxes and agent fees for the players, and they also pay for all of the PERSONAL (not team related) living and transportation expenses of the players.
On the other hand, NBA contracts are only reported in the GROSS income amount, and have taxes, agent fees, player retirement fund fees, and player union fees deducted out of them. While NBA teams do NOT pay for any of the personal expenses of their players.
In the way the NBA COUNTS SALARY, the salaries of Ingles in Maccabi and Jawai in Galatasaray are equal to about $2 million a year per season in how the NBA counts salary.
So maybe this will help people here to grasp why these guys, and HUNDREDS of other guys in Europe that are good enough to play in the NBA, do not play in the NBA, and really don't have much interest in doing so.
Because the NBA only offers them minimum contracts, which by the same way of counting salary as the NBA measures it, only pay around $490,000 a year.
Guys like Jawai and Ingles are getting 4 times that salary in Europe, and they are not even highly paid players there, as the highest paid players in Europe make 3-4 times more than Ingles and Jawai do.
So it's just not at all interesting in any way for these guys to even consider playing in the NBA, and a lot of people here need to grasp that.
The NBA is setup to where teams pay huge salaries to 2-3 guys and then a whole bunch of guys make less than average players make in Europe.
That's appealing mostly only to American players that don't any better. It's not appealing to non-American players that understand they can do much better financially in Europe.
That's just how it is guys. Even when Anderson got $2.5 million per season from the Rockets, he was taking a big pay cut from what he made for years in years in Europe.
Never mind a guy like Ingles supposedly getting NBA rookie minimum, or close to that type offers.