tennis

Osaka still top-earning female athlete ever: Forbes

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60 million a year and complaining about 10 to 15 minutes of press time due to depression. Not too depressed to cash in and appearing in commercials

6 ( +14 / -8 )

Good news. They try and rub Naomi-chan out of tennis by forcing her to attend nonsense media events, and she still makes $60 million per year! In your face, media!

-1 ( +6 / -7 )

Must be depressing knowing you've got that much money in your bank account.

4 ( +10 / -6 )

Where does she pay tax? Japanese say she is Japanese, America’s say she is American. She pays tax in both countries?

1 ( +3 / -2 )

’Must be more depressing’ @Pukey2 9:31am for Naomi Osaka to acknowledge she’s seen as ‘just a commodity to her sponsors. According to the analyst below, her possible and highly probable, anxieties and ‘very personal’ mental disorders will be further exploited for others’ financial gain, if and when she returns to competition. 

“Forbes quoted veteran Columbia University marketing consultant & lecturer Joe Favorito: "I don't think there will be any kind of brand damage," - "Where she comes out of this personally, as opposed to professionally, hopefully will be a good story that sponsors will want to be a part of." -

Shameful, Joe Favorito. Just the kind of ‘consulting’ big business relies upon: “So, Joe. What’s our profit margin with all this ‘mental health stuff?”

2 ( +3 / -1 )

With tax treaties, you only pay tax in one country.

4 ( +5 / -1 )

Pay Tax ? People who earn that amount of money don't pay tax they paid accountancy fees. Also these rules of having to appear in after match interviews in Osaka case could open a legal pandora's box. If proven that these appearances of after match interview lead to her depressed mental health and it has infected Osaka's earning capacity, There could be a legal case made for lost of earnings.

0 ( +3 / -3 )

goodlucktoyou:

Well, if she really has renounced her US citizenship, then she surely doesn't need to pay US taxes (in the way a US citizen does). If it turns out she's not paying US taxes AND still has her US passport, then.....I don't even want to think about it. There has been no evidence to suggest she has formally renounced US citizenship, so maybe that has put even more pressure on her.

snowymountainhell:

anxieties and ‘very personal’ mental disorders will be further exploited for others’ financial gain, if and when she returns to competition.

Well, her grandfather is certainly exploiting her for his own financial gain when it suits him. When she wasn't rich, he didn't want anything to do with her or his own daughter.

2 ( +5 / -3 )

Mo money, mo problems.

5 ( +5 / -0 )

My concern for Osaka is about the same as the percentage of my earnings compared to hers.

2 ( +3 / -1 )

She's not even the #1 tennis player in the world but I will admit her marketing team is top notch. How else would she attract all these endorsements? It is not as if she is particularly likeable.

1 ( +2 / -1 )

The tax question is a bit tricky. If you renounce your US citizenship, you would pay a one time “exit tax” of approximately 30% of your TOTAL assets. I seriously doubt that she did that. If she kept her US citizenship, she will pay taxes on her worldwide earnings but this is also true on her Japan taxes. She will also pay US state income taxes and certain states like California does not give you credit for taxes paid overseas. So assuming she is doing everything by the book, she’s paying around half her income in taxes.

0 ( +1 / -1 )

Osaka-San is smart. She is defining she own path and rules.

1 ( +5 / -4 )

She's even the #1 tennis player in the world !! I will admit her marketing team is top notch :) How else would she attract all these endorsements?!?!? It is as if she is particularly likeable.

-2 ( +1 / -3 )

She's even the #1 tennis player in the world

I beg to differ. She is number two and will remain so when the next rankings are announced after the French Open has concluded. She might even drop to number three if Sabalenka does well enough.

1 ( +2 / -1 )

With tax treaties, you only pay tax in one country.

US citizens are subject to double taxation but there are exclusions and credits. This article shows money can't buy happiness.

4 ( +4 / -0 )

They try and rub Naomi-chan out 

Please, enough with that insufferable “Chan” at the end. I think if you really like her and knew what she was about, you would not add the “Chan” to her name. She wouldnt happy if you did

0 ( +1 / -1 )

Depression is a medical condition - it's not uncommon for rich folks to kill themselves (or drink/drug themselves to death) because money alone can't cure them of the medical condition

2 ( +2 / -0 )

@Bungle She's not even the #1 tennis player in the world but I will admit her marketing team is top notch. How else would she attract all these endorsements? It is not as if she is particularly likeable. Being the #1 tennis player or not being likeable is a joke. When it comes to being the number #e highest paid female athlete in the world that's all that matters. Ask the #1 ranked tennis player if she would like to trade money over ranking and see what answer you would get. Yeah stress, and a lot of press, but in the end Naomi is laughing all the way to the bank while relaxing by her pool in her many bikini swimsuits soaking in the sun while the yen and the dollars continue to roll in. Don't hate the player hate the game!!! Your serve!!

0 ( +0 / -0 )

Top earning, and now the most precious…

0 ( +1 / -1 )

Well, if she really has renounced her US citizenship, then she surely doesn't need to pay US taxes (in the way a US citizen does). If it turns out she's not paying US taxes AND still has her US passport, then.....I don't even want to think about it. There has been no evidence to suggest she has formally renounced US citizenship, so maybe that has put even more pressure on her. 

snowymountainhell:

anxieties and ‘very personal’ mental disorders will be further exploited for others’ financial gain, if and when she returns to competition. 

Well, her grandfather is certainly exploiting her for his own financial gain when it suits him. When she wasn't rich, he didn't want anything to do with her or his own daughter.

Exactly!

1 ( +1 / -0 )

Where does she pay tax? Japanese say she is Japanese, America’s say she is American. She pays tax in both countries?

It depends on where she spends her time, and into which countries the money is paid. She may or may not pay taxes in both countries, or neither.

1 ( +1 / -0 )

With tax treaties, you only pay tax in one country.

Not true. Americans tax their overseas citiizens. They get a waiver of something like $93k, but after that Americans make them pay taxes.

Only one of two countries in the world if I recall correctly.

0 ( +0 / -0 )

Well, if she really has renounced her US citizenship

There's nothing to indicate she has. Nor is there any reason for her to do so.

If it turns out she's not paying US taxes AND still has her US passport, then.....I don't even want to think about it. There has been no evidence to suggest she has formally renounced US citizenship

Neither is there any evidence to suggest she's not paying taxes.

1 ( +1 / -0 )

Got so much respect for her as a tennis player and human being. Naomi Stands her ground for her beliefs and is hyper successful. What great role model for other Japanese bi racial children!!! I hope she gets the support she needs and finds her path to happiness. Tennis isn't everything if you don't have your health.

0 ( +0 / -0 )

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