What’s the Average NBA Salary?

Curious about how much NBA players make? Check out our blog post to learn the average NBA salary, as well as the highest and lowest salaries in the league.

The average NBA player salary is $7.7 million

The average NBA player salary is $7.7 million per year, which is more than double the league’s minimum salary of $3.2 million. The maximum salary for an NBA player is $30 million, though the vast majority of players make much less. The median salary for all NBA players is just over $4 million per year.

Among active NBA players, the highest-paid player is LeBron James, who makes an estimated $26 million per year in salary and endorsements. Kyrie Irving comes in second place at $24 million, followed by Stephen Curry at $22 million. The lowest-paid player in the NBA is Detroit Pistons rookie Sekou Doumbouya, who has a base salary of just $898,310 this season.

While salaries have increased significantly over time, so have the costs of living and other expenses associated with being a professional basketball player. In addition to their salaries, most players also receive substantial amounts of money from endorsement deals with brands and businesses. When taking these factors into consideration, it’s clear that the average NBA player today earns a much higher wage than their counterparts did even a few decades ago.

The average NBA player salary has increased by 74% since 2010

The average NBA player salary has increased by 74% since 2010, according to a new report from ESPN.

In 2010, the average salary was $5.15 million. In 2017, it had increased to $8.9 million.

The highest-paid player in the NBA is Stephen Curry of the Golden State Warriors, who makes an annual salary of $34.68 million. The next highest-paid player is LeBron James of the Cleveland Cavaliers, who makes $33.28 million per year.

The report also found that the median salary for an NBA player is now $6 million per year. That means that half of all NBA players make more than that amount, and half make less.

The highest-paid NBA player is LeBron James, who makes $33.3 million

The highest-paid NBA player for the 2019-20 season is LeBron James, who makes $33.3 million. The second highest-paid NBA player is Steph Curry, who makes $32.7 million. The third highest-paid player is Kevin Durant, who makes $30.6 million.

The lowest-paid NBA player is J.J. Barea, who makes $1.3 million

The lowest-paid player in the NBA is J.J. Barea of the Minnesota Timberwolves, who makes $1.3 million. The highest-paid player in the league is LeBron James of the Cleveland Cavaliers, who makes $23.1 million. The average salary for an NBA player is $4.9 million.

The NBA salary cap is $102 million

The NBA salary cap is $102 million for the 2019-20 season, up from $101.9 million last season. The luxury tax threshold is $132 million, up from $131.8 million last season.

The salary cap and luxury tax are both based on a percentage of basketball-related income (BRI), which is defined as “all revenue received by the NBA, its teams and arena operators related to basketball activities.” BRI increased 7% compared to last season, from $8.76 billion to $9.33 billion, according to the NBA’s most recent annual report.

Player salaries are not included in the salary cap or luxury tax calculations. They are instead accounted for as “benefit expenses” in the NBA’s annual report. For the 2018-19 season, player salaries were $3.56 billion, or 38% of BRI.

The salary cap is calculated using a formula that takes into account league revenues and projected expenses for the upcoming season. The league projects its revenues and expenses for the upcoming season using a three-year rolling average of actual revenues and expenses from the previous three seasons.

The NBA luxury tax threshold is $123 million

The NBA has a salary cap that is set each season. For the 2019-2020 season, the salary cap is $109 million. The luxury tax threshold is $123 million. Teams that exceed the luxury tax threshold have to pay a tax on the amount they are over. The luxury tax is progressive, so teams that are further over the threshold pay a higher tax. For example, a team that is $5 million over the luxury tax threshold would pay a tax of $1.50 for each dollar they are over, while a team that is $15 million over the luxury tax threshold would pay a tax of $2.50 for each dollar they are over.

The NBA collective bargaining agreement runs through 2023

In July 2017, the NBA and the National Basketball Players Association (NBPA) reached a tentative agreement on a new collective bargaining agreement (CBA). The new CBA will run through 2023 and has a number of provisions aimed at increasing player salaries and improving player benefits.

Under the new CBA, the NBA’s salary cap is expected to increase from $99 million in 2017-18 to $102 million in 2018-19, $108 million in 2019-20, $114 million in 2020-21, and $120 million in 2021-22. In each of the first four years of the new CBA, players will receive 51% of basketball related income (BRI), with the percentage increasing to 52% in the fifth year and 53% in the sixth year.

The NBA has also created a new “designated veteran player extension,” which will allow teams to offer selected players contract extensions worth up to 35% of the salary cap. This provision is similar to the “supermax” contract extensions that were included in the most recent NFL collective bargaining agreement.

In addition to increases in player salaries, the new CBA includes a number of other provisions aimed at improving player benefits. These include an increase in the minimum salary for players with two or more years of experience, an increase in per diem allowances, and enhanced disability protections for players.