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TeachMeFinance.com
/ Sports Finance
/ Domonic Brown Baseball Salary 2011
Domonic Brown Baseball Salary 2011
Philadelphia Phillies outfielder Domonic Brown reportedly earned $414,000 in 2011. Among the 30 players on the Philadelphia Phillies, he ranks as the 27th highest-paid player.Compared to the Philadelphia Phillies total team payroll in 2011 of $172,976,379, his salary represents 0.2% of the total amount.To compare salaries further, the team's median salary was $2,625,000 and the average salary was $5,765,879. There were reportedly 152 men playing the position of outfielder in 2011. The average outfielder earned $4,018,201, so Domonic Brown's salary ranks him as 146th among these 152 players.
Don't forget about taxes. Having a salary of $414,000 we can estimate that he would have to hand over $120,184 in federal income taxes. For comparison, that is about the same amount of tax as the tax paid by 15 median high school teachers, 17 median police officers, or 24 median fire fighters. After paying the federal government, he would have $293,816 left over. However, he may still need to use some of that money to pay state or city taxes as well.
Copyright © 2011 by Mark McCracken, All Rights Reserved.
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