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TeachMeFinance.com
/ Sports Finance
/ J.C. Romero Baseball Salary 2011
J.C. Romero Baseball Salary 2011
J.C. Romero reportedly earned $1,350,000 in 2011 as a pitcher for Philadelphia Phillies. Of the 30 players on the Philadelphia Phillies his salary ranks him as the 20th highest-paid player.Compared to the Philadelphia Phillies total team payroll in 2011 of $172,976,379, his salary represents 0.8% of the total amount.For further comparison, the team's average salary was $5,765,879 and the median salary was $2,625,000. In 2011, there were reportedly 413 men playing the position of pitcher. The average pitcher earned $2,943,854 in 2011, so J.C. Romero's salary ranks him as 187th among these 413 players.
What about taxes? With a salary of $1,350,000 he can expect to pay around $447,784 in federal income taxes. That is about the same dollar amount of tax as the tax paid by 55 median high school teachers, 63 median police officers, or 89 median fire fighters. After paying the IRS, he would have $902,216 left over, although he still may have to pay city or state tax.
Copyright © 2011 by Mark McCracken, All Rights Reserved.
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