NBA · Ontario
Toronto Raptors take-home pay: what a $10,000,000 contract really pays
A Toronto Raptors player on $10,000,000 takes home about $3,247,000 — that is 32.5% of the headline number, after tax, agent commission, escrow and league deductions.
Take-home pay at three contract sizes
| Contract | Income tax | FICA / SE | Agent + escrow | Net | Kept |
|---|---|---|---|---|---|
| $1,000,000 | −$535,300 | −$0 | −$140,000 | $324,700 | 32.5% |
| $10,000,000 | −$5,353,000 | −$0 | −$1,400,000 | $3,247,000 | 32.5% |
| $25,000,000 | −$13,382,500 | −$0 | −$3,500,000 | $8,117,500 | 32.5% |
Where a $10,000,000 deal goes
| Deduction | Amount |
|---|---|
| Federal income tax | −$5,353,000 |
| Agent commission (4%) | −$400,000 |
| League escrow (10%) | −$1,000,000 |
| Total deductions | −$6,753,000 |
| Take-home pay | $3,247,000 |
Why Toronto Raptors keeps 32.5%
Ontario is the highest-taxed province for athletes: the combined federal and provincial top rate is 53.53%, and Ontario taxes non-resident players on games played in the province.
The NBA withholds 10% of every salary in escrow under Article IV of the CBA. Agent commission is capped at 4% by the NBPA. The 2026-27 salary cap is $164.961M.
Same money, different tax market
| Team | Market | Top rate | Net |
|---|---|---|---|
| Toronto Raptors | Ontario | 53.5% | $3,247,000 |
| Dallas Mavericks | Texas | 0% | $4,515,000 |
| Sacramento Kings | California | 13.3% | $3,185,000 |
| Utah Jazz | Utah | 4.5% | $4,065,000 |
Questions
How much does a Toronto Raptors player take home on a $10,000,000 contract?
About $3,247,000, or 32.5% of the headline figure. Income tax takes $5,353,000, agent commission takes $400,000, escrow takes $1,000,000 and FICA, self-employment tax and jock tax take the remaining $0.
Does Ontario tax Toronto Raptors players?
Yes. Ontario applies a top marginal rate of 53.5%. This calculator applies that top rate to the whole salary, which is deliberately conservative — the real state bill is progressive, so take-home is usually slightly higher.