NBA | Minneapolis, MN
What a Minnesota Timberwolves contract really pays
Real 2026 take-home numbers for Minnesota Timberwolves players, from the NBA minimum up. Federal tax, Minnesota tax, the jock tax, and the agent, all in.
At a glance
- Home games taxed by
- Minnesota
- Top rate there
- 9.85%
- Rank for take-home
- 21 of 30
- NBA agent cap
- 4%
- Road duty days (est.)
- 31%
- Taxing places visited
- 22
Take-home by salary
| Salary | Taxes | Fees | Keeps |
|---|---|---|---|
| $1,357,763min | $627,816 | $92,888 | $637,059 (47%) |
| $5,000,000 | $2,435,721 | $275,000 | $2,289,279 (46%) |
| $15,000,000 | $7,399,755 | $775,000 | $6,825,245 (46%) |
| $40,000,000 | $19,810,351 | $2,025,000 | $18,164,649 (45%) |
Single, living in Minnesota, max agent fee, 1% advisor fee, and $25K a year for a CPA and lawyer. Estimates for education.
Statement of earnings
$15M with the Minnesota Timberwolves
One season. Lives in Minnesota. Single.
Top federal rate is 37% on taxable income over $640,600. Reduced by a credit for tax paid to Canada.
1.45% on every dollar, plus 0.9% on pay over $200,000. No cap.
6.2% on the first $184,500 only.
Your home state taxes all of your pay, minus a credit for tax you paid other states.
About 31% of your duty days are on the road. Road states and cities with an income tax each take a cut. Estimated across 22 taxing places your league visits.
Taken from the gross, before taxes. For team salary it is not deductible on your federal return.
Business manager, financial advisor, and similar percentage fees.
Multi-state returns, contract review, estate documents.
What you actually keep
$6,825,245
You keep
46%
Minnesota Timberwolves pay questions
Do Minnesota Timberwolves players pay state income tax?+
Yes. Minnesota taxes the pay earned on duty days in the state, even for players who live somewhere else. The top rate is 9.85%.
How much does a NBA minimum salary player on the Minnesota Timberwolves take home?+
On the NBA minimum of $1,357,763, a single player living in Minnesota keeps about $637,059 after taxes and a 4% agent fee, or about 47%.
How does the Minnesota Timberwolves rank for take-home pay?+
At $15,000,000 a season, the Minnesota Timberwolves rank 21 of 30 NBA teams for what a player keeps, assuming he or she lives in the team's state. The top team on that list is the Dallas Mavericks.
KeepMyCheck is not affiliated with the Minnesota Timberwolves, the NBA, or its players association. Team names only describe where games are played.