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Cali Taxes Steal Millions from Star Hoops Player!

A rising basketball star just kissed millions goodbye, all thanks to California's brutal tax bite. Did he make the right call?

7/2/2026, 5:42:33 PM

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Cali Taxes Steal Millions from Star Hoops Player!

Hold up, sports fans! We've got a fresh scandal brewing that's got everyone's jaws on the floor. A young baller, Walker Kessler, just inked a massive deal with the Los Angeles Lakers, and get this – he left a cool $10 million on the table. And why? You guessed it: California taxes!

This isn't just about a few bucks; we're talking about serious cash here. The Utah Jazz, the team that originally drafted Kessler, put a fat five-year, $140 million contract in front of him. A sweet deal, right? Most rookies would jump at that without a second thought.

But Kessler, or maybe his advisors, had another plan. He opted for a four-year, $130 million contract with the Lakers, choosing the glitz and glamour of L.A. over a bigger payday in Utah. On the surface, who wouldn't want to play in Hollywood? But that's where the taxman comes in, playing the ultimate spoiler.

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Cali Taxes Steal Millions from Star Hoops Player! — photo 3

Here's the cold, hard truth, reported by NY Post Sports: California's notoriously high taxes are about to feast on Kessler's earnings. We're talking about carving up a significant chunk of that $130 million before he even sees it. It's a classic case of Location, Location, Taxation!

The sports world is buzzing. Fans are debating whether the L.A. lifestyle and the chance to play for an iconic franchise are worth sacrificing such a huge sum. Is the allure of the purple and gold strong enough to make up for a substantial hit to his net worth? Everyone's got an opinion, from armchair GMs to seasoned sports analysts.

This move shines a harsh spotlight on a reality many pro athletes face: where you play can drastically impact your take-home pay. It's not just about the contract amount; it's about the financial landscape of the state you call home for the season. For Kessler, the California dream comes with a hefty price tag.

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Cali Taxes Steal Millions from Star Hoops Player! — photo 7

What does this mean for Kessler's future? Only time will tell if the Lakers' environment propels him to even greater stardom, justifying the financial hit. Or will he look back in a few years, wondering if that extra $10 million in Utah would have been the smarter play? Either way, this story is far from over.

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Cali Taxes Steal Millions from Star Hoops Player! — photo 9
BUZZ
Cali Taxes Steal Millions from Star Hoops Player! — photo 10

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Read original at NY Post Sports

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