Yao's endorsement are way way way less then 18 M that is suggested in the above post and yes the Chinese govt. do have dibs on the endorsements also.
The Chinese government takes nothing except ordinary income tax from Yao's endorsements. The 50% rule applies only to his NBA contract.
Can somebody plz get some proof or source on his salary issue, it'll make any debate lot more productive.
I do not mind talking about Yao salary issue but Don't you think that we should move it to a Yao's fan site?
Here's how Yao's Salary is divided from several chinese sources: 1. 50% of income goes to the government 2. The other 50%, Yao has to share with local team officials etc that are so called "help develop Yao". Outrageous, isn't it.
I have told you that but This only is a policy. It is not a law. man can chenge the policy. since the chinese basketball union published this police, many many many people assailed this policy. also Yao's agent has done a lot of work to deal with this policy.now the proportion that Yao payed to this union is much less than 50%. some one said less than 10%. but none know how much exactly it is. only Yao and his agent know.
