How Much Does An Average NBA Player Make A Year?
The average NBA player earns $5.15 million per year, but the highest-paid players can make over $30 million.
NBA Player Salaries
The average NBA player’s salary is $7.7 million per year. This number has gone up significantly in recent years due to increases in the salary cap. The highest-paid NBA player is LeBron James, who makes $33.4 million per year. The lowest-paid NBA player is rookie Ray McCallum, who makes $473,604 per year.
Average NBA player salary
The average NBA player salary is $7.7 million per year. This figure comes from the most recent collective bargaining agreement between the NBA and its players, which was signed in 2017 and runs through the 2023-24 season. The maximum salary for a player with six or fewer years of experience is $8.6 million, while the maximum for a player with seven to nine years of experience is $9.5 million. Players with 10 or more years of experience can earn a maximum of $11 million per year.
NBA player salary by position
Since the average NBA career is only 4.8 years, most players will never see the big paydays of their more experienced counterparts. However, even the lowest-paid player in the league takes home a salary of over $500,000 – not too shabby for someone in their early 20s. So how much does an NBA player make on average?
The answer depends on what position they play. Although centers are typically the tallest players on the court and power forwards are usually the strongest, it’s guards who boast the highest average salary at $4.9 million per year. That’s nearly double what small forwards make and almost triple the earnings of centers.
PG: $4,944,000
SG: $4,368,000
SF: $3,146,000
PF: $2,893,000
C: $2,527,000
NBA player salary by experience
A player in the NBA can earn a pretty penny regardless of how long they have been playing in the league. However, there is a significant difference in salary based on experience. The average salary for a rookie is around $50,000 while a player with ten or more years of experience can make an average of $7 million per year.
The following table shows the average salaries for NBA players by experience:
Rookie: $50,000
1-3 years: $2 million
4-6 years: $4.5 million
7-9 years: $6.5 million
10+ years: $7 million
NBA Player Contracts
The average NBA player’s salary is $7.7 million per year. However, a player’s salary can vary greatly depending on a number of factors. The most important factor is the amount of money the team is willing to pay the player.
NBA player contract details
In the National Basketball Association (NBA), a player’s contract details the amount of money and length of time that a player will be paid. The minimum salary for an NBA player is $582,180 for the 2019-20 season, which is more than double the average salary of a typical American worker. However, the average NBA player’s salary is much higher than the minimum, coming in at $7.7 million per year. The highest-paid NBA player in 2019-20 is Stephen Curry, who will earn a salary of $40.2 million from the Golden State Warriors.
There are two types of contracts that an NBA player can sign: a guaranteed contract and a non-guaranteed contract. A guaranteed contract means that the team is obligated to pay the player for the length of the contract, regardless of whether or not the player is still on the team. A non-guaranteed contract means that the team can release the player at any time without having to pay any remaining money on the contract.
Players can sign multi-year contracts with NBA teams, but most contracts are for one or two years. Players can also sign “contract extensions” which guarantee them additional money if they agree to extend their current contract for one or more additional years.
In general, NBA players are paid quite well compared to workers in other industries. However, it is important to remember that these salaries are only guaranteed for one or two years at most. If a player suffers a serious injury or otherwise falls out of favor with their team, they could be released from their contract and find themselves without a job and no income.
NBA player contract by position
The average NBA player salary is $7.7 million per year, which is approximately four times the average salary for players in the Women’s National Basketball Association. The minimum salary for an NBA player is $562,493, while the maximum salary for an NBA player is $35.65 million. However, the average NBA player’s salary does not include income from endorsement deals and other forms of revenue. For example, LeBron James, who is widely considered to be one of the best basketball players in the world, earned a base salary of $23.1 million during the 2016-2017 season. However, when endorsement deals and other forms of revenue are taken into account, James’ total earnings for that year were $86.2 million.
The following table shows the average salaries for NBA players by position during the 2016-2017 season:
| Position | Average Salary |
|———-|—————-|
| Point Guard | $8,156,000 |
| Shooting Guard | $8,267,000 |
| Small Forward | $9,054,000 |
| Power Forward | $9,261,000 |
| Center | $9368000
NBA player contract by experience
Like most professional sports leagues, the NBA has a salary cap to ensure that no team spending outpaces the rest of the league. For the 2019-20 season, the salary cap is $109 million. However, that number is just a rallying point for how much each team can spend. The actual amount each team can spend on salaries varies year-to-year based on league revenues and other factors.
A player’s annual salary is calculated using a formula that takes into account their years of experience in the league, whether they are a rookie or a veteran, and whether they have been named to an All-NBA team. The maximum amount a player can make in their first year is 25% of the salary cap, which comes out to $27.25 million for 2019-20. That number goes up each year until it reaches 30% of the salary cap in their tenth season. For 2019-20, that would be $36.9 million.
After 10 years of service, players become free agents and can sign any contract they please with any team in the league (provided that team has enough room under the salary cap). NBA contracts are guaranteed, meaning that even if a player is waived by their team before their contract is up, they will still receive all of the money owed to them by the team.
The average NBA player’s salary for 2019-20 was $7.7 million, according to Spotrac . The highest-paid player in the league this season is Stephen Curry of the Golden State Warriors who signed a five-year contract extension worth $201 million in 2017. The lowest-paid player in 2019-20 is Luke Kennard of the Detroit Pistons who is making $3.8 million in his fourth NBA season.
NBA Player Endorsements
In 2017-2018, the average NBA player salary was $7.4 million. But that’s just an average of what each player made in salary. This doesn’t include any extra income from endorsements. So, how much do NBA players make from endorsements?
NBA player endorsement deals
According to Forbes, the average NBA player endorsement deal is worth $9 million a year. However, this number varies widely depending on the player’s profile and their on-court performance. The highest-paid NBA player in terms of endorsements is LeBron James, who reportedly makes $33 million a year from deals with companies like Nike, Coca-Cola, and Beats by Dre. Kevin Durant comes in second at $26 million, followed by Steph Curry ($20 million), James Harden ($19 million), and Russell Westbrook ($17 million).
NBA player endorsement by position
When it comes to endorsers, star power still reigns supreme in the NBA. The players with the most name recognition and fan appeal are the ones that rake in the most endorsements. That doesn’t mean that every player is equally marketable, though. In fact, some positions are far more popular with endorsers than others.
ThePosition: Center
Player Sample: Shaquille O’Neal, Dwight Howard, Yao Ming
Average Annual Endorsement Value: $4 million
Why They’re Popular: Big men have always been some of the most popular players in the NBA, and that popularity extends to their endorsement potential. Fans love watching them play, and companies love using them to sell their products. For proof, look no further than Shaquille O’Neal. He was one of the most dominant big men of his generation and also one of the league’s most prolific endorsers.
The Position: Point Guard
Player Sample: Steph Curry, Kyrie Irving, Russell Westbrook
Average Annual Endorsement Value: $2 million
Why They’re Popular: Point guards are often the ones running the show on the court, so it’s no surprise that they’re also popular with companies looking for pitchmen. They’re often some of the most marketable players on their respective teams thanks to their high-profile position and flashy playing style.
NBA player endorsement by experience
There is a big range in the amount of money that NBA players make from endorsements. The average player makes about $2 million a year from endorsements, but the top players can make much more than that.
The most experienced and successful players tend to make the most from endorsements. For example, LeBron James is estimated to have made $42 million from endorsements in 2014, while Kevin Durant made $19 million and Kobe Bryant made $16 million.
Players who are less experienced or who have not yet had success on the court tend to make less from endorsements. For example, Andrew Wiggins made $5 million from endorsements in 2014, while Jabari Parker made $500,000 and Joel Embiid made just $100,000.
