NFL agent cap 3%NBA agent cap 4%MLB agent cap 5%Top federal rate 2026 37%Bonus withholding over $1M 37%Texas state tax on wages 0%Florida state tax on wages 0%California top rate 13.3%NBA escrow 10% of each check held backNIL money 1099 income, add 15.3% self-employment taxAgent fees for team salary not deductible on your federal returnNFL players file taxes in about 10 to 14 states a year

NBA | Toronto, ON

What a Toronto Raptors contract really pays

Real 2026 take-home numbers for Toronto Raptors players, from the NBA minimum up. Federal tax, Canadian tax, the jock tax, and the agent, all in.

At a glance

Home games taxed by
Canada (Ontario)
Top rate there
53.5%
Rank for take-home
30 of 30
NBA agent cap
4%
Road duty days (est.)
31%
Taxing places visited
23

Take-home by salary

SalaryTaxesFeesKeeps
$1,357,763min$706,727$92,888$558,148 (41%)
$5,000,000$2,624,118$275,000$2,100,882 (42%)
$15,000,000$7,890,524$775,000$6,334,476 (42%)
$40,000,000$21,059,934$2,025,000$16,915,066 (42%)

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 Toronto Raptors

One season. Lives in Florida. Single.

Keeps 42%
Gross pay$15,000,000
TaxFederal income tax($1,705,000)

Top federal rate is 37% on taxable income over $640,600. Reduced by a credit for tax paid to Canada.

TaxMedicare($350,700)

1.45% on every dollar, plus 0.9% on pay over $200,000. No cap.

TaxSocial Security($11,439)

6.2% on the first $184,500 only.

TaxCanada (Ontario) on home games($5,540,355)

Canada taxes pay earned on Canadian duty days. The US gives a credit, but Canadian rates run higher, so the extra is a real cost.

TaxJock tax (road games)($283,030)

About 31% of your duty days are on the road. Road states and cities with an income tax each take a cut. Estimated across 23 taxing places your league visits.

FeeAgent (4%)($600,000)

Taken from the gross, before taxes. For team salary it is not deductible on your federal return.

FeeManagers and advisors (1%)($150,000)

Business manager, financial advisor, and similar percentage fees.

FeeCPA and lawyer($25,000)

Multi-state returns, contract review, estate documents.

What you actually keep

$6,334,476

You keep

42%

Toronto Raptors pay questions

Do Toronto Raptors players pay state income tax?+

The Toronto Raptors play in Toronto, Ontario, Canada. Canada taxes pay earned on Canadian duty days at combined federal and provincial rates up to about 53.5%. US players get a US foreign tax credit, but Canadian rates run higher than US rates, so the difference is a real cost. Players also pay US states on road games.

How much does a NBA minimum salary player on the Toronto Raptors take home?+

On the NBA minimum of $1,357,763, a single player living in Florida keeps about $558,148 after taxes and a 4% agent fee, or about 41%.

How does the Toronto Raptors rank for take-home pay?+

At $15,000,000 a season, the Toronto Raptors rank 30 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 Toronto Raptors, the NBA, or its players association. Team names only describe where games are played.