Hoops Addict is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. The NBAs all-time scoring list was created in 1946 and updated in 2022. By: HoopsHype. NBA salaries have tremendously increased throughout the years reaching 8.32 million U.S. dollars in 2019/20 compared to 4.6 million U.S. dollars in 2015/16. The NBA is the best league to play in when it comes to average career earnings. The statistic depicts the average length of a players playing career in the National Football League, taking into account different factors that influence that length. 17 NBA Players With Huge Hands They Can Palm Everything! The NBA Next Podcast; PREMIUM . However, when considering inflation, the average salary in the league today is still not as high as it would have been if it had kept pace with inflation from the 1940s. The best players make astronomical amounts that hike this figure up while the leagues youngest players and those making the veteran minimum make much less. We can see that the average salary during the 1990-91 season was just below $1M and has grown by over 8x since then to around $8.5M in 2021-22. For this analysis I used data from basketball-reference.com. More. While many NBA players stuck it out for a long time with a single organization, nobody was more a part of a team than Dirk Nowitzki. In this section, we will take a look at the highest-paid players in the NBA and compare their salaries to the league average. On top of that, there is also a significant gap in the total salary a more senior player can get compared to the younger ballers.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[336,280],'hoopsaddict_com-box-4','ezslot_2',162,'0','0'])};__ez_fad_position('div-gpt-ad-hoopsaddict_com-box-4-0'); For example, lets say Player A is a free agent with six years of experience. Curious about what the list looks like? The Boston Celtics and Brooklyn Nets will play four 11-minute quarters per game this season. If you do not allow these cookies, you will experience less targeted advertising. Remove a player by selecting the red X next to him in the list below. Folks who have never been All-Stars are cashing in. With that being said, it begs the question: What is the average salary of NBA players?. This value is based on 453 player signings, which excludes two-way and 10-day contracts. The average career earnings of an NBA player is about $24.7 million. (*)Current US Dollars adjusted for inflation from data provided by the U.S. That high turnover rate, mixed with the extreme level of competition that exists within the NBA, means that the average career length can never get too high. NBA players who fall under this umbrella are Jayson Tatum, Donovan Mitchell, and Bam Adebayo. Let me know in the comments and Ill add it to the article! This is because mid-season signings and upgraded contracts are paid less than the players who started the season with the team. Its worth noting that NBA rules allow players to earn massive individual checks if they earn a high enough salary in advance. The minimum salary of NBA players is $925,258. Who Had the Longest NBA Contract of All Time? Smith is still in the NBA, while Tolliver is currently a free agent. To get an idea of how long an NBA career could possibly go on for, look no further than the Atlanta Hawks Vince Carter. And in the 2010s, it decreased to three and a half years. Table 1: Average Salary in the NBA by Pos: Graph 3: Average Salary in the NBA by Starters / Bench Players: In 2022, NBA bench players made on average $4.2M while starters made $14.9M. WebTrade for a Minimum Salary Player. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Goran Dragic, Brooklyn Nets ($460,463)if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'hoopsaddict_com-leader-2','ezslot_11',167,'0','0'])};__ez_fad_position('div-gpt-ad-hoopsaddict_com-leader-2-0'); Dragic was bought out by the Raptors and immediately signed with the Nets after clearing waivers. Embed from Getty Images. In the last 7 years, Ive been covering everything related to the career and job seeking world. They help us to know which pages are the most and least popular and see how visitors move around the site. When it comes down to it, for every Vince Carter or Dirk Nowitzki, there are hundreds of players youve never heard of who dont have what it takes to stick around past their first contract. The median NBA salary, which considers the highest and the lowest numbers in a group, is $3.82 million. For a career, it takes more than 12 minutes per game but less than 20 minutes per game to earn 5.01 seasons. The lowest salary that a rookie can get is $925,258. What is Darius Garlands Height, Weight, and Wingspan? That's a no-brainer. Click the 'Acquire Minimum Salary Player via Trade' button to load a list of players that you could acquire via Minimum Salary Exception with only needing to send back cash, rights or draft picks. For example, point guards tend to have the longest careers, lasting an average of 6.3 years. Unlike the highest-paid list, the lowest-paid NBA players are a little tricky to list. And, of those who did make it to four years, the average career length was just 4.8 years. The NFL provides opportunities for long careers in this league. JamesOn Curry. My 8 week journey from barely touching the rim to powerful two-handed dunks. Lets take a closer look at how much NBA players earn. Aroldis is credited with throwing the fastest pitch in Major League Baseball history, a 96 mph slider on September 24, 2010. The NBA and WNBA are the two top leagues for basketball in the United States for men and women respectively. While this may seem like a small amount compared to todays salaries, it was actually quite substantial at the time, as the average American worker was earning around $3,200 per year. James Harden leads 76ers to upset win in Boston, Draymond Green asked Warriors permission to miss part of road trip to see LeBron James break scoring record, Jalen Brunson downgraded to questionable for Game 2, Harrison Barnes on re-signing with Kings: That would be a special thing, De'Aaron Fox won't require surgery on injured finger, 76ers optimistic Joel Embiid can play Game 2 against Boston, Paul George says Clippers need to re-sign Russell Westbrook: He proved that he is a leader, Your California Privacy Rights/Privacy Policy. What this means is that the same amount of players make over $4.3 as the amount that make under $4.3 million. As of the 2021-2022 NBA season, the average salary for an NBA player is around $7.7 million per year. This is because the Collective Bargaining Agreement gives a bit of an advantage to a free agents old team. He secured a two-year deal with the Lakers on January 26, 2022. Per the contract monitoring site Spotrac, the projected annual salary (total value) for a 2023 first-round pick is an estimated $5,136,778. The average length of a players career in the National Football League is measured. This was a great gesture by the NBA to help the people who paved the way for todays players to make the exorbitant sums they now pull in. Release a Player. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. The average age of an All-Star and a MVP is 26 and 24.9, respectively. The NFL, NHL, and MLB players pay their athletes less, on average. 5. Already Subscribed? The NBA superstars such as Steph Curry, James Harden, Kevin Durant, and LeBron James are all paid north of $40 million. They are all NBA veterans, but they earn less than the minimum because they are midseason signings through contract upgrades and the buyout market. WebWashington Wizards. Graph 4: Interactive Chart of # of Players per Salary Bucket per Year. The annual fee is $468 per year. These results are attributed to thrilling on- and off-court drama. The figure is $7.9 million, which will increase to over $8 million next season. WebNFL Salary Rankings Listing the top salaries, cap hits, cash, earnings, contracts, and bonuses, for all active NFL players. While some, as shown below, have played for a long time, some have gone for much shorter spurts. In the 1990s, it decreased to five and a half years. These cookies may be set through our site by our advertising partners. 4. Major League Baseball has around 700 players on its books. The average height of NBA players is likely to be influenced by players from countries such as Lithuania and Latvia, as their players are generally shorter than players from the United States, Canada, or Spain. Andre Iguodala$2,905,851. Highest NBA salary: $45,780,966 (Steph Curry, Warriors) Minimum Salary: $898,310. The average NBA career has decreased in length over the past few decades. All of these players are considered some of the best in the league, the highest-paid NBA players, and have accomplished a lot throughout their careers. Westbrooks career is not. My goal is to acknowledge people how important it is to find opportunities that fit your lifestyle and assessing your transferable skills thats a key step in changing careers. [Side Note: Here is a chart of the minimum salaries for NBA Players according to the Other interesting details about the study can be found here. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. But how much do players today make, exactly? They help us to know which pages are the most and least popular and see how visitors move around the site. In 2023, Swift will earn a base salary of $1,774,397, while carrying a cap hit of $1,774,397. Year Team Awards Salary Signing Bonus Roster Bonus Workout Bonus Restructure 2023 Dunk or Three. As of this season, current players will be paid $12,400 per year for each season played, with an annual cap of $124,000. Its also worth noting that the highest-paid players in the league are not always the best players in terms of performance. However, for most, the rise is only half the battle. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Here are some other questions you might have about the topic. The longest career in NBA history was Vince Carters, who stuck it out for a whopping 22 seasons, playing for 8 different teams. The sweet-shooting Kornet was signed by the Celtics to a rest-of-season contract on February 11, 2022. These are the elite players of the league, who are considered some of the best in the game and are paid accordingly. Its important to note that this is just an average and that there is a wide range of salaries among players, with some earning the league minimum and others earning tens of millions of dollars per year. Because we respect your right to privacy, you can choose not to allow some types of cookies. Veterans with at least a decade of experience make a minimum salary of $2,641,691. After an ACL and achilles tear, he does not possess the lateral movement he once did but few guys can bounce back from such injuries and still average 21 points on 41% from three. Rajon Rondo Net Worth by Year More Salaries and Contracts: Chris Paul Patrick Beverley James Harden Grant Williams Salary Comparison Career Earnings So average salary is heavily skewed by a few players making insane amounts of money, while most of the NBA makes much less. The minimum salary in the NBA is $925,258. Six to nine-year vets take salaries ranging from $2,089,448 to $2,401,537. People are generally happiest in their late 30s and 50s, according to a survey. WebNBA Player Earnings Listing the top earnings for all active NBA players. The highest paid player is Stephen Curry at $48,070,014 USD, while 9 players are paid the league minimum of $1,017,781 USD. Steph Curry, Golden State Warriors ($45,780,966). 5. In the 1970s, the average salary was around $250,000, and by the 1980s, it had risen to around $500,000. Every year, sixty new players make it to the NBA through the draft. Talking about the rich getting richer. How much does an average NBA player make? On the other end of the spectrum, the lowest-paid NBA players include Goran Dragic, Stanley Johnson, Luke Kornet, and Bismack Biyombo. Salary data is not officially reported by the NBA, so these numbers might not be 100% accurate, but they should be close enough to give a very good idea of the evolution of NBA salaries. This represents a significant increase from just a decade ago, when the average salary was around $5 million. NBA vets with at least 10 years of experience may take a maximum wage that makes up 35% of the cap. In addition, an examination of NBA players discovered that the average age is 27.7. First, lets delve into how minimum salaries are determined. The first overall pick can earn up to a projected $10.2 million in annual salary, with the final selection of the first round capable of earning around $3 million in annual salary for their rookie contract. All features and functions are included in this corporate solution. Compare that to the other major sports average career earnings: NFL: $6.1 million MLB: $17.9 million; NHL: $13.6 million; That makes it the highest of the four major team sports. This is a list of the highest paid NBA players of all-time, according to Spotrac data. While some, as shown below, have played for a long time, some have gone for much shorter spurts. Only a small percentage of major league baseball players have played for ten or more years. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. They were the first major sport to do so, though some argued it was long overdue. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. 6. But Carter is a radical outlier. When it comes to coaching youth basketball, there are many different philosophies on the best way to play defense. That might not seem like an extended amount of time, but maintaining a high level of play in an extremely competitive league is not easy to do. The answer is $7.90 million. Your email address will not be published. A 62-year-old male golfer will receive $56,988 per year in retirement, which is not a bad retirement for a three-year career. For example, Giannis Antetokounmpo of the Milwaukee Bucks, considered one of the best players in the league, earn $27.5 million, less than half of Steph Currys salary, despite having similar achievements and performance. The figure is $7.9 million, which will increase to over $8 million next season. Graph 5: Gini coefficient of NBA incomes and US household incomes. James Harden, Philadelphia 76ers ($44,310,840). As deals get bigger and bigger, the players on the NBAs all-time earnings list are starting to change. Salary Exceptions Salay exceptions that the team is elgible to use, which could include Room MLE, Bi-Annual MLE, Non-Taxpayer MLE or Taxpayer MLE. Most players that settle for the minimum in the NBA are undrafted free agents and second-round picks. Surprisingly, he even moved outside of NBA in this period to play for 3 other basketball teams. Average NBA Salary $7.5 million per-minute-per-game $1,905 Stephen Curry $45,780,966 per-minute-per-game $11,631 Russel Westbrook $44,211,146 per-minute-per-game $11,232 James Harden -$43,848,000 per-minute-per-game $11,140 LeBron James $41,180,544 per-minute-per-game $10,462 These cookies are necessary for the website to function and cannot be switched off in our systems. Im not sure theres ever been a bad time to be an NBA player, but the modern era has been especially lucrative for even mediocre players. Veterans with at least a decade of experience make a minimum salary of $2,641,691. These cookies are necessary for the website to function and cannot be switched off in our systems. The median NBA career earnings are $8.4 million. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. WebDeMar DeRozan$27,300,000. But this is true of every sport with the exception of the NFL and its massive rosters. NBA salaries are also distributed more unequally compared to American household data gathered from the US census bureau. Draymond Cousin is the NBAs tallest player, standing 70 and 265 pounds. This figure is reserved for undrafted rookies and second-rounders. The study was carried out by the cosmetic company LOreal and polled 1,500 people in their 20s, 30s, 40s, and 50s on happiness and stress levels. Throughout the years, 4,509 players have made it to the league throughout the NBAs history. Partnered with the USA TODAY Sports Media Group|Powered by, Signed a 2 year $2.03 million contract with Washington (WAS), Came out of retirement to resume his professional basketball career, Signed a 1 year $33.14 million contract with Chicago (CHI), Signed a 1 year $30.14 million contract with Chicago (CHI), Signed an 8 year $25.7 million contract extension with Chicago (CHI, Signed a 5 year $6.3 contract with Chicago (CHI), Drafted by Chicago (CHI): Round 1 (#3 overall), Drafted by Chicago (CHI): Round 1 (#3overall). WebCap Holds consist of player free agents, unsigned 1st-Round draft picks and any incomplelete roster charges for having less than 12 players on the Active roster (shown in Active table if exist). Giannis Antetokounmpo, Milwaukee Bucks ($39,344,970), Damian Lillard, Portland Trail Blazers ($39,344,900), Paul George, Los Angeles Clippers ($39,344,970), Kawhi Leonard, Los Angeles Clippers ($39,344,970). John Wall, Houston Rockets ($44,310,840). > What is the NBA Veteran Minimum Salary? These cookies are necessary for the website to function and cannot be switched off in our systems. John Wall is getting paid that massive amount while riding the bench in Houston. As such, many teams simply wont re-sign rookies when their contract ends. Yep, thats a lot! It is estimated that the average NBA career length is five years; the majority of players are released before they make a decision on their future. He got paid for being a player as well as the teams business manager AND publicity director! Steph Currys salary leads the way with over $45 million, while Harden, John Wall, and Russell Westbrook are all at over $44 million. 3. All information these cookies collect is aggregated and therefore anonymous. When Curry signed his five-year contract before the 2017-18 season, his first year is at over $34 million. The main reason for this decrease is the increased physicality of the game, which has led to more players retiring early. The NBA superstars such as Steph Curry, James Harden, Kevin Durant, and LeBron James are all paid north of $40 million. The superstars receive an insane amount of monetary compensation while the minimum earners still make up to more than 10 times the average median household income in America. The average NBA career lasts 4.5 years. Two-year to five-year veterans have a minimum salary ranging from $1,669,178 to $1,939,150. All information these cookies collect is aggregated and therefore anonymous. To clean up the data I removed 10-day players and two-way contracts and only looked at players earning at least the relevant minimum salary. Like Harden, he is owed $47 million next season and has not played meaningful basketball in years. These players are considered some of the best in the league and have accomplished a lot throughout their careers. He has been a huge basketball fan for decades, watching thousands of basketball games through the years to learn the ins and outs of the game. The studys authors say that the shorter careers could be due to the physical demands of playing in the NBA, as well as the leagues age limit, which requires players to be at least 19 years old when they enter the draft.