1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Yao's The Man (Again)

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by lwong, Mar 11, 2005.

  1. lwong

    lwong Member

    Joined:
    Feb 19, 2004
    Messages:
    53
    Likes Received:
    0
    http://forbes.com/home_asia/services/2005/03/10/cz_rf_0310chinacelebs.html
    Once again, Yao Ming tops the Chinese Celebrity List.

    http://www.forbeschina.com/celebs/chinacelebs.asp

    He made 150 million yuan, or $18 million and change at current exchange rates. So his basketball income ($4,436,880 for 2004-5 season) amounts to less than 25% of the total.

    This is pre-tax(Uncle Sam and the Chinese Gov), but it's safe to assume that he nets at least 55% net(according to my brother, a Chartered Accountant who works for E&Y China) or $10 million. If he has invested shrewedly, a million or two more.

    As long as he plays well, the endorsement money will follow him.
    The implication is that he can play where he wants to. As has been mentioned on this board, he has the option of taking less than max contract money and feed his family.
     
    #1 lwong, Mar 11, 2005
    Last edited: Mar 11, 2005
  2. Lobo

    Lobo Member

    Joined:
    Sep 17, 1999
    Messages:
    499
    Likes Received:
    0
    So he could play anywhere, what's the point? So can any other superstar free agent. I don't recall a lot of people speculating that Michael Jordan was going to play anywhere but Chicago during his prime, and he was pulling down more than Yao in terms of endorsements.
     
  3. m_cable

    m_cable Member

    Joined:
    Dec 12, 2002
    Messages:
    9,455
    Likes Received:
    73
    Not if his family goes on the Spreewell diet.
     
  4. cwebbster

    cwebbster Member

    Joined:
    Jun 29, 2003
    Messages:
    3,406
    Likes Received:
    1,232
    Is this Lui Wong?
     

Share This Page