Here’s How Taxes Made LeBron James and NBA Champs Face $269K Loss Post Vegas Celebration
The Los Angeles Lakers celebrated a historic win in the new In-Season Tournament, bagging a hefty $500,000 prize for each player. However, the joy took a hit when taxes stepped in. Federal tax, California taxes, and payroll taxes carved a significant chunk, leaving players with $231,000. The glittering $500k prize suddenly felt lighter – $269,000 […] The post Here’s How Taxes Made LeBron James and NBA Champs Face $269K Loss Post Vegas Celebration appeared first on BlackSportsOnline.
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The Los Angeles Lakers celebrated a historic win in the new In-Season Tournament, bagging a hefty $500,000 prize for each player. However, the joy took a hit when taxes stepped in. Federal tax, California taxes, and payroll taxes carved a significant chunk, leaving players with $231,000. The glittering $500k prize suddenly felt lighter – $269,000 […]
The post Here’s How Taxes Made LeBron James and NBA Champs Face $269K Loss Post Vegas Celebration appeared first on BlackSportsOnline.
