![]() The loss of American-born NBA veterans - former Atlanta Hawks guard Josh Childress and journeyman Earl Boykins accepted lucrative offers to play in Europe - raises few eyebrows. Not bad for a guy who earned a total of $4.9 million in four years with the NBA.īecause these players aren’t superstars, the departures make little news outside their NBA cities or on the ESPN news crawl. He signed a one-year deal for $9 million to play for Triumph Moscow. Nenad Krstic, a 7-foot center, averaged 11.3 points a game with the New Jersey Nets. ![]() They play in America for several years, get some money and experience, then return home - often for a healthy pay raise. The past few years saw a quiet exodus of players heading overseas to join pro leagues in Spain, Greece and Russia. To get the picture, survey the landscape of the NBA. Many of us don’t ponder income taxes much beyond our W2s. Making the connection between Obama’s tax proposals and our favorite pro basketball team is something of a head-scratcher. (Obama and running mate Joe Biden might call that “unpatriotic” and “selfish.”) ![]() And plenty of American players could increase their net incomes by signing with overseas franchises. In fact, the NBA’s 20 highest-paid stars each would lose, on average, an additional $1.2 million to an Obama administration. It’s not just players like Celtics star Kevin Garnett, the league leader in pay, who’d have to figure on paying more in federal income taxes. NBA owners and players will have to swallow hard if that avid hoops fan, Barack Obama, is elected president and pushes through his tax plan. ![]()
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