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Rockets release Jeff Adrien, Ish Smith (UPDATED)

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by redhotrox, Oct 27, 2014.

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  1. rockets13champs

    rockets13champs Member

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    Damn 345k for 2 years...
     
    #381 rockets13champs, Aug 24, 2017
  2. rockets13champs

    rockets13champs Member

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    no tax right cuz it's thru another country. But 170k is better than Dleague but not as good as 15th man on NBA roster.
     
    #382 rockets13champs, Aug 24, 2017
  3. bulkatron

    bulkatron Member

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    Sure, that's fair. Just surprised since a lot of players can command something closer to 7 figures.
     
    #383 bulkatron, Aug 24, 2017
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  4. bulkatron

    bulkatron Member

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    As a tax law neophyte, don't you still have to report earnings from work in a foreign country?
     
    #384 bulkatron, Aug 24, 2017
  5. rockets13champs

    rockets13champs Member

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    NBA I believe the minimum for a less than 3 year guy is like close to 900k. Vets minimum is above 1 mill. Dleague guys make very low amounts like 15-20k it's better to work at a retail store than to play in dleague honestly.
     
    #385 rockets13champs, Aug 24, 2017
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  6. Sooner423

    Sooner423 Member

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    You definitely do, although a sizeable portion can be excluded via the Foreign Earned Income Exclusion. It's around 100k. There's also the Foreign Housing exception, and the Foreign Tax Credit.
     
    #386 Sooner423, Aug 24, 2017
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  7. Haymitch

    Haymitch Custom Title

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    I'm wondering if his salary is $340k and his under the table pay is more.
     
    #387 Haymitch, Aug 25, 2017
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  8. bulkatron

    bulkatron Member

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    Thanks for clarifying!
     
    #388 bulkatron, Aug 25, 2017
  9. bulkatron

    bulkatron Member

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    What would be the incentive? Do they have a cap too?
     
    #389 bulkatron, Aug 25, 2017
  10. Haymitch

    Haymitch Custom Title

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    I assumed so but honestly have no idea
     
    #390 Haymitch, Aug 25, 2017
  11. Carl Herrera

    Carl Herrera Member

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    The Israelites want to help their King Jeff Adrien avoid U.S. taxation?
     
    #391 Carl Herrera, Aug 25, 2017
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  12. RockWest

    RockWest Member

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    we let Lebron of Israel go?? :eek:
     
    #392 RockWest, Aug 25, 2017
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