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Sean O'Malley on navigating UFC contracts in the Paramount+ era: "You sign a contract, and you have a certain number of fights on it… Once you sign that contract, you can’t fight 4–5 times and then complain, ‘Hey, why am I getting paid this much?’ At some point, you...

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Draymond Green says his first major lesson about taxes came after taking a $60,000 NBA salary advance and only receiving $28,000 “My first contract was three years, $2.6 million. I think I got drafted June 26. You don't get your first check until November 15. So from June 26 to November 15, you have to find a way to bridge that gap before you start getting paid” “Then once you sign your contract, which I didn't sign until after Summer League because as a second-round pick, you have to make the team. I didn't sign my contract until August. I didn't have any money” “In bridging that gap, the NBA allows you to take an advance of up to 15% of your salary as soon as you sign the contract. So I took out a $60,000 advance, and it hit my account, and it was $28,000. I'm excited. I've never seen $28,000, and it's right there” “So I called my agent and said, ‘Yo, this is amazing. It's $28,000 in my bank account. But where's the other $32,000. I'm missing some money’” “He's like, ‘Well, you know, taxes.’ I said, ‘What are you talking about. I'm supposed to get money back from taxes. He's like, ‘You're no longer in the position where you're going to get money back from taxes’” “Learning that right there at the very beginning, and understanding that anything you make, you can almost count it for half because half of it is going to the government. That immediately taught me you don't have as much money as you think you have, and you won't have as much money as you think you're about to make. That was really big for me”

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