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[ESPN] - Yao Tops Forbes List

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Stack24, Sep 7, 2005.

  1. Stack24

    Stack24 Member

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    http://sports.espn.go.com/nba/news/story?id=2154866

    SHANGHAI, China -- Yao Ming topped Forbes Magazine's list of Chinese celebrities again.

    The Houston Rockets' star signed a five-year, $75 million contract last week, and earned the ranking for the second straight year, the magazine's Chinese version reported on its Web site.

    The 7-foot-6 center and three-time NBA All-Star has one year left on his rookie contract, which will pay him more than $5.5 million next season.

    Forbes put Yao's 2004 income at $18.5 million, about 25 percent higher than last year.

    Second on the list was "Crouching Tiger, Hidden Dragon" actress Zhang Ziyi, followed by Olympic gold medal winning sprinter Liu Xiang.
     
  2. Williamson

    Williamson JOSH CHRISTOPHER ONLY FAN

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    Wow. That's some pretty stiff competition.
     
  3. Harrisment

    Harrisment Member

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    So he wont start getting paid for his new contract until next season? I figured when he signed it it was effective immediately. :confused:
     
  4. Blatz

    Blatz Member

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    It's an extension not a new contract
     
  5. MartianMan

    MartianMan Member

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    OHHH....first I saw it and thought that's a pretty low number to top the forbes list, but then I saw that it was only celebrities. You'd think with such a large population you'd have more celebrities.
     
  6. m_cable

    m_cable Member

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    These numbers aren't that low for just salary and commerical endorsement. Most of the American celebs that top the US list are also producers that make most of their money on the production side. People like George Lucas and Oprah, who tend to top these rankings, earn it from owning significant portions of their product.
     
  7. MartianMan

    MartianMan Member

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    I know. I meant I thought these were the rankings for the richest people in China. I've heard there are many billionaires in China so it was strange that Yao topped the list.
     
  8. DaDakota

    DaDakota Balance wins
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    Awesome,

    Great for Yao...I mean come on...number one over that...ummm...guy from....uhhhh....well....what about that girl from........ah.....

    Nevermind....way to go Yao.
     
  9. Lil Pun

    Lil Pun Member

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    Doesn't the Chinese government take a large portion of his earnings though?
     
  10. macfan

    macfan Member

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    so does our government
    it's called the IRS in case you haven't heard it
     
  11. DaDakota

    DaDakota Balance wins
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    LOL - Well said....

    Not to mention state income taxes in every state he plays a game that has a state income tax.

    DD
     
  12. MFW2310

    MFW2310 Member

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    A celebrity will most likely be a million/billionaire. A million/billionaire however, might not necessarily be a celebrity.
     
  13. MartianMan

    MartianMan Member

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    Yes...I understand now. So if a quack is a duck and a muck is a duck then can a duck be a muck but not a quack? (Please don't bother answering this question)
     
  14. qrui

    qrui Member

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    it just shows the richest celebs, movie stars, sports stars, or whatever, in china. not richest people in general.
     
  15. mleahy999

    mleahy999 Member

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    How does a sprinter end up #3? What about Jacky Chan, Jet Li or Stephen Chow?
     
  16. GladiatoRowdy

    GladiatoRowdy Member

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    The Olympics are huge in China, especially with the '08 games coming up in Beijing. A hot Olympian probably has the potential to make lots of $ in China.
     
  17. bob718

    bob718 Member

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    It's only about their income of last year alone, isn't it?
     
  18. OddsOn

    OddsOn Member

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    Truer words my friend.........truer words! :D
     

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