- Miami Dolphins defensive lineman Ndamukong Suh explained to Business Insider that athlete contract values should really be split in half because of taxes and fees.
- Suh said that players face heavy income taxes, state taxes, city taxes, the "jock" tax, agent fees, and regular life expenses, which cut into their earnings.
- Suh said he doesn't think casual fans understand that players don't really make what their contracts say.
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Ndamukong Suh explains what really happens to star athletes' huge contracts
Ndamukong Suh says that athletes' eight- and nine-figure deals are really cut in half after taxes and fees.
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In 2015, Ndamukong Suh signed one of the biggest contracts in NFL history, agreeing to join the Miami Dolphins on a deal worth $114 million over six years, with $60 million guaranteed.
However, like many contracts in professional sports, the numbers aren't exactly as they seem.
While speaking to Business Insider to promote his investment with emoji app Genies, Suh said that most people don't understand that when players sign eight- and nine-figure deals, they should really split the number in half. He used his rookie deal as an example.
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