How Much Is A 2 Way Contract In The Nba?
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If you’re wondering how much a 2-way contract in the NBA is worth, you’ve come to the right place. We’ll give you all the details on what these contracts entail and how much money you can expect to make.
What is a 2-way contract in the NBA?
In the NBA, a 2-way contract is a special type of player contract that gives players the opportunity to spend time with both their NBA team and their G League team.
2-way players are signed to two separate contracts: one with their NBA team and one with their G League team. They can be called up to the NBA at any time, but they can only stay for a maximum of 45 days. After that, they must return to their G League team.
2-way contracts were introduced in 2017 as part of the NBA’s new collective bargaining agreement. They replaced the previous “D-League” system, which saw players sign single-team deals with NBA franchises and could be shuttled back and forth between the NBA and D-League as needed.
2-way contracts are generally reserved for players who are not quite ready for the NBA but have shown enough potential to warrant a longer look from an NBA team. They are also often used as a way to retain young players who might otherwise sign with another team.
How much do players on 2-way contracts make?
According to the NBA’s collective bargaining agreement, players on two-way contracts can earn a maximum of $449,155 during the 2019-20 season. That includes a prorated share of the NBA’s minimum salary for players with two years of service ($695,000 in 2019-20) and a daily rate for days spent in the G League of $7,769. Players can also earn additional money from Gatorade assignments and bonuses.
What are the benefits of having a 2-way contract?
There are a few benefits to having a 2-way contract in the NBA. First, it allows players to make more money than they would on a typical NBA D-League contract. Secondly, it gives players the chance to compete for a spot on an NBA roster. And finally, it gives players some security in knowing that they will at least have a job in the NBA D-League even if they don’t make an NBA roster.
Are there any drawbacks to having a 2-way contract?
The main downside to having a two-way contract is that you can only stay with the NBA team for a certain number of days each season. The days reset every time you’re recalled to the G League, so you could potentially spend most of the season in the minor league.
Another potential downside is that you’ll earn less money on a two-way deal than if you were on a standard NBA contract. This year, two-way players will earn a prorated share of $77,250 while in the NBA and $50,000 while in the G League. A standard NBA rookie minimum contract pays out $898,310.
The salary isn’t as big of a concern for some players because the main goal is to eventually land a spot on an NBA roster and earn the corresponding pay bump. But it’s still worth mentioning as a potential drawback.
