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TeachMeFinance.com
/ Sports Finance
/ Jake Peavy Baseball Salary 2011
Jake Peavy Baseball Salary 2011
In 2011, Jake Peavy reportedly earned $16,000,000 playing a pitcher for Chicago White Sox. Among the 27 players playing for the Chicago White Sox, he ranks as the 1st highest-paid player.The total team payroll for Chicago White Sox was $127,789,000. His salary represents 12.5% of that total payroll.To compare salaries further, the team's median salary was $2,750,000 and the average salary was $4,732,925. There were reportedly 413 men playing the position of pitcher in 2011. The average pitcher earned $2,943,854, so Jake Peavy's salary ranks him as 8th among these 413 players.
Jake Peavy was born on May 31, 1981. A right-handedbatter, Jake Peavy stands 6 feet, 1 inches tall (that is 185 centimeters for you metric lovers). He weighs 195 pounds (88.5 kilograms).To further compare salaries, an average salary among players who were born in 1981 is roughly $4,600,000.
Don't forget about taxes. Having a salary of $16,000,000 we can estimate that he would have to hand over $5,575,284 in federal income taxes. For comparison, that is about the same amount of tax as the tax paid by 684 median high school teachers, 779 median police officers, or 1105 median fire fighters. After paying the federal government, he would have $10,424,716 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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