There are suggestions the €11.5m per season salary proposed to Lorenzo Insigne by Toronto FC is a misunderstanding, as he’d receive closer to €5.7m, but that’s still a lot more than Napoli are ready to pay.
Multiple reports in Italy have stated the remarkable figures on offer for the Azzurri striker would be €11.5m per season, plus up to another €4.5m in bonuses.
However, MLSSoccerItalia point out these might be a slight misunderstanding due to the very different tax structure in Canada.
While in Italy they tend to cite salaries as net – after taxes – in Canada and North America the figures are gross, so before tax.
Taking the taxes into account, the €11.5m per season would in fact be closer to €5.7m as an annual wage.
That is significantly less than has been reported, but still a definite improvement from the package on offer at Napoli to extend his contract.
President Aurelio De Laurentiis has only gone as far as €3.5m per season.
Insigne is the captain and a hometown hero, but De Laurentiis has only proposed a contract extension that would lower his current salary, which is €4.5m.
MLS, gli esperti chiariscono: cifre lorde ed in dollari, 11mln sono 5,7 per Insigne! https://t.co/b9mFrE9k6P
— TuttoNapoli.net (@tuttonapoli) December 29, 2021