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Home Basketball

California Taxes Reduce Walker Kessler’s $130M Lakers Contract

2 July 2026
in Basketball
California Taxes Reduce Walker Kessler’s 0M Lakers Contract



The Los Angeles Lakers have signed center Walker Kessler to a four-year, $130 million deal, despite him rejecting a five-year, $140 million extension from the Utah Jazz. However, due to California’s high tax rates, Kessler’s take-home pay will be significantly less than what he would have earned in Utah, costing him an estimated $22.3 million over the contract. With LeBron James departing, the Lakers are now focusing on building their roster around Kessler, Luka Dončić, and Austin Reaves. This marks a new era for the franchise as they transition from James to a younger core.

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Tags: 130MCaliforniaContractKesslersLakersReduceTaxesWalker

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