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“What a Poor Soul”: Billionaire Stephen Curry Drops Jaws Across the NBA World as Baffling Tax News Emerges

In his 14 seasons with the Golden State Warriors, Stephen Curry has done it all to show why he deserves the super-max contract. With 4 championships, 2 MVPs, and a Finals MVP, you could not ask for a better franchise player. Coming from Ohio, there is no doubt California has become home to Curry and his family. However, that might be one of the biggest hindrances in his career considering the exorbitant amount of taxes the Warriors star continues to pay. 

While living in California has its advantages, there are certain things that one just cannot escape. Although Curry is one of the highest earners in the NBA, living in a different state would have probably saved him millions of dollars. Fans on social media continue to pity the 3-point king for the jaw-dropping contribution to the country. 

Stephen Curry’s massive tax contribution stuns the NBA world

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California, also known as the Golden State, is one of the most famous commercial states in America. Considering the revenue-pumping activities performed by the state, there is no wonder why the tax rates are exorbitantly high for the citizens. An analyst from Twitter revealed the hefty amount of taxes the Warriors star has paid over the years. 

Signing the first-ever super-max contract in the NBA, fans believed Stephen Curry had won the bag. After winning his fourth ring with the Warriors, his extension of $215 million for four years in 2022 made many other stars envy him. However, no one knew about the tax contributions made by the 6’3 guard. 

USA Today via Reuters

Curry could have escaped taxes if he had decided to join Miami Heat, Memphis Grizzlies, or the Dallas Mavericks. Tennessee, Florida, and Texas are the only states in America that have 0% tax rates. Further, the Warriors star who signed a bulky deal of $1 billion with Under Armour recently could have benefitted more if he had decided to join any of the above teams. However, that is indeed a long shot.

Fans pity Stephen Curry for California’s 13.30% tax rate

A tweet revealed Curry paid $6.3 million from his income as tax for the year 2022-23 alone. Moreover, the Warriors star has paid $40.2 million in taxes in his 14-year tenure with the Warriors.

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The tweet which continues to go viral left the fans in denial. Here are some of the fans’ reactions from Twitter pitying the 9x All-Star: 

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While paying this amount of taxes won’t be a big deal for someone like Steph, the possibility of saving a lot of money by switching teams left fans in disbelief. However, we can assume that Curry is not going anywhere, anytime soon.

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What are your thoughts on Curry’s tax payments? Let us know in the comments.

The post “What a Poor Soul”: Billionaire Stephen Curry Drops Jaws Across the NBA World as Baffling Tax News Emerges appeared first on Crunchbase News Today.



This post first appeared on Crunchbase News Today, please read the originial post: here

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“What a Poor Soul”: Billionaire Stephen Curry Drops Jaws Across the NBA World as Baffling Tax News Emerges

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