How Much Does the NBA Commissioner Make?

The NBA Commissioner is the highest-paid commissioner of any of the four major professional sports leagues in the United States As of 2019, the NBA Commissioner’s salary was $10 million.

NBA Commissioner’s compensation

The NBA Commissioner is the highest-paid Commissioner in all of professional sports In 2019, the Commissioner’s compensation was $45 million. This includes salary, bonuses, and other forms of compensation.

NBA Commissioner’s salary

The Commissioner of the National Basketball Association (NBA) is the highest-paid executive in the league, responsible for overseeing all aspects of the league’s business and serving as its chief spokesperson. The Commissioner’s office is located in New York City

The current Commissioner is Adam Silver who has held the position since February 1, 2014. Silver succeeded David Stern, who served as Commissioner for 30 years. Under Stern, the NBA grew into a global entertainment juggernaut, with revenues soaring from $400 million to nearly $5 billion during his tenure.

Silver’s salary has not been made public, but it is widely believed to be in the range of $10-20 million per year. In addition to his salary, Silver also receives a bonus based on the league’s financial performance.

NBA Commissioner’s bonuses

The NBA Commissioner’s salary is $1 million a year, but he also receives bonuses.

For example, he receives a bonus for each team that makes the playoffs, and a larger bonus if the team goes on to win the NBA Finals

He also receives bonuses based on attendance figures and television ratings.

NBA Commissioner’s perks

In addition to a base salary, the NBA Commissioner also receives a number of perks and benefits. These can include a housing allowance, a car allowance, travel expenses, and tickets to NBA games The Commissioner may also receive a bonus based on the performance of the NBA.

NBA Commissioner’s benefits

In addition to his $10 million annual salary, Silver also receives a number of other benefits. He has a personal use allowance of $300,000 for maintaining a residence in the New York City area – where the NBA headquarters are located – and is provided with four tickets to every NBA game Silver also has the use of a league-owned jet for business travel, and he receives reimbursement for reasonable expenses related to entertaining guests at games.

NBA Commissioner’s retirement

NBA Commissioner’s retirement is effective immediately. He will be succeeded by Adam Silver who has been serving as the league’s deputy commissioner since 2006.
In his role as NBA commissioner Silver is responsible for the league’s overall operation and management. He also represents the league in all legal matters and serves as its chief negotiator with labor unions.
The NBA Commissioner’s office is based in New York City

NBA Commissioner’s pension

In order to receive a pension from the NBA, a commissioner must first serve for at least five years. After five years, the commissioner will receive $7,500 per year for each year of service, up to a maximum of $225,000 per year.

NBA Commissioner’s insurance

It’s no secret that NBA Commissioner Adam Silver makes a lot of money. In fact, according to a report from ESPN, Silver’s total pay and benefits package for the 2017-18 Season was a whopping $26.2 million. And a large portion of that sum is likely due to the generous insurance policy that the league takes out on its commissioner.

NBA Commissioner’s taxes

The tax information for NBA Commissioner Silver is public information. According to public documents, in the 2017 calendar year, Silver made just over $6 million. This includes his salary, bonus, and other forms of compensation, such as deferred salary and benefits.

In addition to his income from the NBA, Silver also has income from other sources. He has been a director of Madison Square Garden Company since 2015, and he also serves on the boards of The Walt Disney Company and Boston Properties. These companies have not released information on Silver’s compensation from these roles.

Silver pays taxes at the highest marginal rate in the United States which is 37 percent. This means that he pays approximately $2.2 million in federal income taxes every year. It is not known how much Silver pays in state and local taxes, but it is safe to assume that it is substantial given his high income and the fact that he lives in New York City

How Much Does the NBA Commissioner Make?