Who Makes More Money: NFL or NBA Players?
It’s a common question: who makes more money, NFL or NBA players? We did the research and found the answer.
Salaries
It is no secret that professional athletes are some of the highest-paid people in the world. But what may come as a surprise is just how much more NFL players make on average than NBA players. In 2019, the average NFL player made $2.7 million while the average NBA player made just $7.4 million.
NFL
On average, NFL players make $1.9 million per year. The median salary for an NFL player is $860,000, while the top players in the league earn $3 million or more per year. salaries for NFL players are much higher than those in the NBA, where the average player earns just over $5 million per year.
While NBA salaries are lower than those in the NFL, the top players in the league earn significantly more than their counterparts in the NFL. The highest-paid NBA player is LeBron James, who earns $33.4 million per year from his salary and endorsements. The highest-paid NFL player is Eli Manning, who makes $21.2 million per year.
NBA
The average NBA salary is $7.7 million, but the median salary is $5.15 million. The median is the salary at which half the players make more and half make less. The mode, or most frequent salary, is $2.8 million.
So, NBA players as a group are doing quite well, with an average salary that is more than double the median U.S. household income of $51,939. And even the league’s minimum wage of $582, 180 is well above the poverty line of $11,880 for a single person.But it’s worth noting that while the average NBA player makes a good wage, the vast majority of players make considerably less than that. In fact, only about 16 percent of all NBA players will earn an annual salary of $10 million or more in any given year.
Bonuses
NFL
The average NFL player salary is $1.9 million per year, compared to the NBA, where players make an average of $7.4 million. However, NFL players only play an average of 10 years in the league, while NBA players play an average of 7 years. So while NFL players make more money per year on average, NBA players make more money over the course of their careers.
NBA
In terms of average player salaries, the NBA far outpaces the NFL. In the 2018-2019 season, NBA players earned a median salary of $7.1 million, while NFL players earned a median salary of $2 million. However, it’s important to remember that these figures represent very different things. The NBA figure is an average of all player salaries, while the NFL figure is a median salary, meaning that half of NFL players earn more than $2 million and half earn less. This difference is due to the fact that there are far fewer players in the NBA than in the NFL; there are only 450 NBA roster spots compared to 53 for the NFL. So while the average NBA player makes more money than the average NFL player, the majority of NFL players earn more than their NBA counterparts.
Endorsements
It is often said that NBA players make more money than NFL players. While this may be true in some cases, it is not always the case. NBA players certainly make more money from their salaries, but NFL players make more money from endorsements.
NFL
When it comes to endorsements, NFL players take home the most money — about $16 million annually compared to the $7 million that NBA players make, on average. NFL quarterbacks are especially well-compensated when it comes to off-field earnings, with legends like Tom Brady and Peyton Manning earning multi-million dollar deals from companies like Under Armour, Nike, and Gatorade. While NFL players may have the edge when it comes to endorsement earnings, NBA players are making up ground quickly. For example, LeBron James earned $52 million in endorsements in 2014 — more than any other U.S. athlete — thanks to deals with Nike, Coca-Cola, Beats by Dre, and several others. And he’s not the only one raking in the dough: Steph Curry signed a $4 million deal with hyper-popular video game maker Electronic Arts in 2016, and Kevin Durant has partnerships with Nike, BBVA Compass, Sparkling Ice, and Panini.
NBA
The average NBA salary is $7.7 million, which is nearly triple the $2.7 million average for NFL players. The minimum salary for an NBA player is $582,180, compared with $435,000 for an NFL player. While the highest-paid player in the NBA makes $35.4 million per year, the highest-paid NFL player only earns $27 million annually. In addition, NBA players receive guaranteed contracts, while NFL contracts are not fully guaranteed. Finally, NBA players receive more revenue from endorsement deals than their NFL counterparts; the average NBA player earns $9 million annually from endorsements, while the average NFL player takes in just $1.6 million per year from endorsements.
Conclusion
In conclusion, NFL players make more money than NBA players. This is due to a number of factors, including the popularity of the sport, the size of NFL contracts, and the number of NFL teams.