Do Athletes Deserve Soaring Salaries?
Can you believe it? Basketball player Kevin Garnett is currently in a six-year contract with the Minnesota Timberwolves that will pay him $120,000,000 with an included $10,000,000 signing bonus. Sure, it may seem like a lot, but just think about how much he gets to keep and what he has to go through. He will have to pay about 50% of his earnings in taxes and pay his agent about 10%. After all is said and done, he will receive roughly eight million dollars a year. Lets not forget he will have to go through in the next six-years. He will have no truly personal life because he will be f…
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