What a pro athlete's paystub looks like.

[Patler]

Andrew McCutcheon left his paystub in the locker room, so naturally it ended up on Deadspin. Some highlights from his two week pay:

Gross pay - $820,659.88 ($10 million/year)
Fed income tax - $322,074,
Medicare - $19,285.
State taxes - $16,775 (PA, MO & IL all got a cut of this one!).

$9,856 went to the "Pittsburgh Professional Athlete Fee". I assume a special city tax, presumably for facilities.

Here's the photo

[Patler]

More info on the "Pittsburgh Professional Athlete Fee", which is paid by any nonresident who uses public facilities to perform:

The City Code, Title II, Article X, Chapter 271 imposes a usage fee equal to three percent (3%) of earned income upon each non-resident who uses a publicly funded facility to engage in an athletic event or otherwise render a performance for which a non-resident receives remuneration. The usage fee is a percentage of the individual’s income attributable to such individual’s usage of the facility.

A copy of the ordinance:
http://apps.pittsburghpa.gov/finance...ports_regs.pdf

[bobblehead]

This seems political to me and my feelings are hurt. Move it.

[Cheesehead Craig]

He's only putting $1500 in his 401k? Great, another future SS leech.

[sharpe1027]

He's only putting $1500 in his 401k? Great, another future SS leech.

Isn't that the max amount to still get the tax benefit?

[Patler]

Isn't that the max amount to still get the tax benefit?

Yup. No reason for him to put any more than that in it.

[run pMc]

He'll get a pension too. MLB offers a pension plan.

[Guiness]

The 'Pro Athlete Fee' is an interesting spin, and not something that gets any press. I assume it's one of the ways the state recovers the monies laid out to subsidize a stadium - the owners get tax breaks, concessions stands in a public building, profit from parking fees to keep the teams in the state- and it gets clawed back from the athletes who have much less say over where they go.

Is medicare is also a %age of gross? 20K*12 months = 240K, pretty crazy amount. I'm guessing significantly more than you'd pay for the best in private coverage...

[Rastak]

He's only putting $1500 in his 401k? Great, another future SS leech.

What's a SS leach? It seems if you pay in you should expect something back per the deal we all understood.


Anyway, wish my pay stub looked like that.

[mraynrand]

What's a SS leach? It seems if you pay in you should expect something back per the deal we all understood.

LOL. What did you understand?

[Brandon494]

Imagine what Cano's contract looks like...he signed a 10 year $240M contract.

If you son if trying to decide between baseball and football I think baseball is the easy decision here.

[Patler]

Imagine what Cano's contract looks like...he signed a 10 year $240M contract.

If you son if trying to decide between baseball and football I think baseball is the easy decision here.

Especially if he pitches left handed.

[sharpe1027]

Imagine what Cano's contract looks like...he signed a 10 year $240M contract.

If you son if trying to decide between baseball and football I think baseball is the easy decision here.

High School players are also something like 6 times more likely to play in the MLB (0.5%) than in the NFL (0.08%).

https://www.ncaa.org/sites/default/f...Update2013.pdf

I imagine that the longevity of careers and lack of severe brain injuries also is pretty one-sided.

Then again, 99% will not make either league and even fewer will earn much more than the minimum, so play what you enjoy.

[Rastak]

LOL. What did you understand?

I think we can all understand I had one too many.


I guess all of us that understand what SS is supposed to be.....

[mraynrand]

I guess all of us that understand what SS was supposed to be.....

yup