How Much Do You Get For Winning The Nba Championship?
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The answer may surprise you. We break down the prize money and bonuses awarded to the winning team.
What are the benefits of winning the NBA Championship?
The benefits of winning the NBA Championship are many, and they include a hefty pay raise for the players, a big financial windfall for the team’s owners, and plenty of positive publicity for the league. But perhaps the biggest benefit of all is the increased interest in the sport that comes with having a successful team.
How much money do the players get?
Each NBA player receives a championship ring to symbolize their win. The rings are made by Jason of Beverly Hills and are worth around $30,000 each. In addition to the ring, each player also receives a Finals MVP trophy, which is worth around $13,500.
What are the other benefits?
In addition to the championship ring, each player on the winning team receives a playoff bonus, which is determined by the number of games their team won in the playoffs. For instance, players on the Golden State Warriors received a bonus of $150,000 for winning the NBA Finals in 2015.Bonuses are distributed to players on the losing team as well, though they are typically much smaller.
Players on the winning team also receive a share of the NBA Finals broadcast revenue. How much each player gets depends on how many games their team played in the Finals and whether they were on the active roster for those games. In 2015, each player on the Golden State Warriorsreceived approximately $240,000 from this pool.
