Six players from the 2023 draft have signed new deals so far. Same federal tax for all of them, but where they play changes how much they keep by millions of dollars a year.
Texas: ~61% kept · N. Carolina, Utah & Michigan: ~56-57% · California: ~48%Six players, the same federal tax, six different results. That is exactly your situation when you compare two job offers in different states. The salary is only half of the answer, the state is the other half.
The deadline for 2023 first-round picks to sign rookie scale extensions is October 19, 2026 at 5 p.m. Central. As of that morning, these contracts had been reported, each for five years. Amounts below are an average year (the total divided by five), after 2026 federal tax, Medicare, Social Security and the home state's income tax.
| Player | Team · State | Total | Kept / Year |
|---|---|---|---|
| Victor Wembanyama | Spurs · Texas | $252M | ~$30.61M |
| Amen Thompson | Rockets · Texas | $208M | ~$25.27M |
| Brandon Miller | Hornets · North Carolina | $209M | ~$23.72M |
| Ausar Thompson | Pistons · Michigan | $155M | ~$17.52M |
| Keyonte George | Jazz · Utah | $157.5M | ~$17.46M |
| Brandin Podziemski | Warriors · California | $110M | ~$10.49M |
Brandon Miller's $209M was added October 20 after Shams Charania reported it (via Bleacher Report); the Hornets have not published terms, so it is treated as five equal years.
Wembanyama has his own page. His $252M is the reported figure; other outlets list the maximum at about $255M because it depends on the salary cap.
An average year of each contract, single filer, 2026 rules.
| Amen Thompson | Brandon Miller | Keyonte George | Ausar Thompson | Podziemski | |
|---|---|---|---|---|---|
| Reported contract | $208M | $209M | $155M + $2.5M incentives | $155M | $110M |
| Average year | $41.6M | $41.8M | $31.0M | $31.0M | $22.0M |
| Federal income tax | −$15.34M | −$15.42M | −$11.42M | −$11.42M | −$8.09M |
| Medicare + Social Security | −$0.99M | −$0.99M | −$0.74M | −$0.74M | −$0.53M |
| State income tax | $0 | −$1.67M | −$1.38M | −$1.32M | −$2.90M |
| Kept per year | ~$25.27M | ~$23.72M | ~$17.46M | ~$17.52M | ~$10.49M |
| Share kept | 60.7% | 56.8% | 56.3% | 56.5% | 47.7% |
| Kept over 5 years | ~$126.4M | ~$118.6M | ~$87.3M | ~$87.6M | ~$52.4M |
Federal tax and Medicare are the same everywhere. Only the state changes.
| Player | If in Texas | Actual state | If in California |
|---|---|---|---|
| Amen Thompson | $25.27M | $25.27M | $19.77M |
| Brandon Miller | $25.39M | $23.72M | $19.86M |
| Ausar Thompson | $18.84M | $17.52M | $14.75M |
| Keyonte George | $18.84M | $17.46M | $14.75M |
| Brandin Podziemski | $13.38M | $10.49M | $10.49M |
Per year, on the average salary. Jock tax on road games and city taxes (such as Detroit's) are not included.
Podziemski's $110 million deal averages $22 million, but it doesn't pay that every year. According to AP's reporting, he makes about $5.6 million this season on his rookie contract, then about $18.9 million in 2027-28, the first year of the extension. The Warriors kept the first-year number lower on purpose. The deal is fully guaranteed and has a mutual option in the final season.
| 2026-27 salary | ~$5,600,000 |
| Kept after taxes | ~$2,722,000 |
| 2027-28 salary (year one of the extension) | ~$18,900,000 |
| Kept after taxes | ~$9,020,000 |
His reported 5-year, $208 million extension with the Houston Rockets averages about $41.6 million a year. After federal income tax (about $15.34M) and Medicare and Social Security (about $0.99M), and with no Texas state income tax, he keeps about $25.27M a year, roughly 61 cents of every dollar.
His reported 5-year, $209 million rookie-scale extension with the Charlotte Hornets averages about $41.8 million a year. After federal income tax (about $15.42M), Medicare and Social Security (about $0.99M) and North Carolina's 3.99% income tax (about $1.67M), he keeps about $23.72M a year, roughly 57 cents of every dollar, or about $119M over the deal. In Texas or Florida he would keep about $25.39M a year, and in California about $19.86M. His marginal rate is about 43 cents on each extra dollar. Real contracts usually rise year to year, so treat the yearly figure as an average.
His 5-year extension with the Utah Jazz is reported at $157.5 million: $155 million in base salary plus up to $2.5 million in incentives. On the $155 million base, that is about $31 million a year. After federal tax, Medicare and Social Security, and Utah's 4.45% income tax (about $1.38M), he keeps about $17.46M a year. The incentives are not guaranteed, so they are not counted.
His 5-year, $155 million extension with the Detroit Pistons averages about $31 million a year. After federal tax, Medicare and Social Security, and Michigan's 4.25% income tax (about $1.32M), he keeps about $17.52M a year. Detroit also has a city income tax for residents, which is not included here.
His 5-year, $110 million extension with the Golden State Warriors averages about $22 million a year. With California state income tax (about $2.90M), federal tax (about $8.09M) and Medicare and Social Security (about $0.53M), he keeps about $10.49M a year, roughly 48 cents of every dollar. The extension is reported as fully guaranteed, with a mutual option in the final season.
Victor Wembanyama, by a wide margin: about $30.6 million a year from his reported $252 million deal, then Amen Thompson at about $25.27M, Ausar Thompson at about $17.52M, Keyonte George at about $17.46M and Brandin Podziemski at about $10.49M. Wembanyama and Thompson both play in Texas, which has no state income tax.
California. His $22 million average salary is taxed at California rates up to 13.3% (about $2.90M a year, around 13%), while Amen Thompson pays no state income tax at all. The same $22 million in Texas would leave him about $13.38M a year, roughly $2.90M more than in California.
This season he is in the last year of his rookie contract at about $5.6 million, which is about $2.7 million after federal tax, Medicare, Social Security and California tax. The extension starts in 2027-28 at about $18.9 million, about $9.0 million after taxes. The $22 million figure is the average across five years, not the first-year salary.
A rookie scale extension is a new contract a team can sign with a first-round pick before his rookie deal runs out. For 2023 draft picks, the deadline is October 19, 2026 at 5 p.m. Central. A player who does not sign becomes a restricted free agent next summer. Other eligible players, including Cason Wallace, are not covered here until their terms are confirmed.
We took each reported total, divided by five for an average year, and applied 2026 federal income tax brackets for a single filer, Medicare (1.45% plus 0.9% above $200,000), Social Security (6.2% up to $184,500) and each team's home state income tax. Real contracts usually rise year to year, jock taxes on road games, city taxes and endorsements are not included, and the Wembanyama figure is a reported amount, not a team-confirmed one.
Same federal tax as these players, with your state's real brackets. Compare your take-home pay across all 50 states.
Compare All 50 States →Contract figures are as publicly reported (Hoops Rumors, AP) and may differ from final terms. Tax estimates use 2026 federal rules for a single filer and are illustrative. Endorsement income, jock taxes and local taxes are not included. Not financial or legal advice.