NBA | Orlando, FL
What a Orlando Magic contract really pays
Real 2026 take-home numbers for Orlando Magic players, from the NBA minimum up. Federal tax, Florida tax, the jock tax, and the agent, all in.
At a glance
- Home games taxed by
- No state wage tax
- Top rate there
- 0%
- Rank for take-home
- 5 of 30
- NBA agent cap
- 4%
- Road duty days (est.)
- 31%
- Taxing places visited
- 24
Take-home by salary
| Salary | Taxes | Fees | Keeps |
|---|---|---|---|
| $1,357,763min | $520,298 | $92,888 | $744,577 (55%) |
| $5,000,000 | $2,028,702 | $275,000 | $2,696,298 (54%) |
| $15,000,000 | $6,172,208 | $775,000 | $8,052,792 (54%) |
| $40,000,000 | $16,534,369 | $2,025,000 | $21,440,631 (54%) |
Single, living in Florida, max agent fee, 1% advisor fee, and $25K a year for a CPA and lawyer. Estimates for education.
Statement of earnings
$15M with the Orlando Magic
One season. Lives in Florida. 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.
About 31% of your duty days are on the road. Road states and cities with an income tax each take a cut. Estimated across 24 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
$8,052,792
You keep
54%
Orlando Magic pay questions
Do Orlando Magic players pay state income tax?+
No. Florida has no state income tax on wages, so home games are state-tax free. Players still pay federal tax, and they pay other states (and some cities) on road games through the jock tax.
How much does a NBA minimum salary player on the Orlando Magic take home?+
On the NBA minimum of $1,357,763, a single player living in Florida keeps about $744,577 after taxes and a 4% agent fee, or about 55%.
How does the Orlando Magic rank for take-home pay?+
At $15,000,000 a season, the Orlando Magic rank 5 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 Orlando Magic, the NBA, or its players association. Team names only describe where games are played.