NBA Championship So, in celebration of the NBAs 75th anniversary, heres a look at just how drastically NBA salaries have changed over time. LOL haha haha im funny. basketball fans and is history or news oriented, certainly. But they seem inconsequential when compared to the off-court changes that took place in the seventies. Average NBA salaries have skyrocketed over the past decade, let alone in the last 32 years. James Harden, John Wall, and Russell Westbrook, Rooms You Cant Get Into: Boardroom & Coinbases 2nd Annual NBA All-Star Brunch, Boardroom NIL Report Card: Texas Quarterback Arch Manning, Hidden Healers: MTV Commemorates Black History Month With Mental Health Initiative, Puma Teases Rihanna Return with Cryptic Instagram Post. Will we get to see the top player reach $100 million USD by 2030? There still is no pension plan, health benefits or minimum wage provisions. If your request is reasonable, certainly. 1920 - Players are allowed to re-enter the game. All Hokie, All the Time. The highest (and how to calculate). Lets quickly look at Steph Currys salary growth and how he got to be the leagues highest paid player. If you join the APBR and you site would be of interest to 1967 - A rival to the NBA, the American Basketball Association is formed. He only averaged 5.1 points per game that year; the leagues scoring leader, Joe Fulks, averaged 23.2 points per game for Philadelphia and was paid $8,000. Top Ten Highest Paid Players In The NBA 2016, Even In The 1970s, The NFL Commissioner Was Paid More Than A Lot Of The Players. Changes in technology, broadcasting, marketing and sponsorship over the course of the last half-century have also contributed to increased revenues and opportunities for basketball players and athletes in general to market themselves as individual brands in ways that previous generations could have never imagined. school paper. The SPORTS REFERENCE and STATHEAD trademarks are owned exclusively by Sports Reference LLC. Can you help me with research for my Or write about sports? Do clownfish have a skeleton or exoskeleton. Via @alanhahn: 20 years ago, in the summer of 1996, the salary cap for each NBA team was $24 million. WebSalary Cap Luxury Tax BAE Standard / Non-Taxpayer Taxpayer Team Room / Under Cap--2034-2035: $229,187,000: $277,076,000: $7,607,000: $19,444,000: $12,009,000: As of the 2021-2022 NBA season, the average salary for an NBA player is around $7.7 million per year. We present them here for purely educational purposes. Under the Collective Bargaining Agreement, Currys contract allowed for an greater than a 35% cap based on his prior seasons salary and years of service to the league. ", By the mid seventies it was near $200,000. 1946 - The Basketball Association of America, a forerunner of the NBA is formed. The value can go up (or down) by a maximum of 5% or 8%, depending on the player qualifications. If you're a basketball fan and you don't know the importance of June 6, 1946, take a moment and check out this timeline of the late 1940s and '50s, when the foundation was laid for the NBA: https://t.co/dAvbdJq37i pic.twitter.com/NWDWeAkoZE. Logos were compiled by the amazing SportsLogos.net. Association. How do you clear salary cap space on NBA Live 2005 What is the highest salary for a veteran nba referee? Its also worth noting that the highest-paid players in the league are not always the best players in terms of performance. Combined, the leagues top 10 highest-paid players make over $400 million in annual salary. 1930 - Professional leagues eliminate the double dribble. $112,414,000. However, at least one pundit considers it to be an era in which the economics of pro basketball exploded.. Another notable mention is Lebron James of the Los Angeles Lakers and Kevin Durant of the Brooklyn Nets, both earning $40.2 million. Find out more. 1914 - NCAA, Amateur Athletic Union and YMCA rules are standardized. Sign up for Boardrooms newsletters to get the biggest stories in the business of sports, entertainment, and culture directly in your inbox daily. Its as though the player is being signed with 0 years of NBA experience. 1948 - Fort Wayne, Indianapolis, Minneapolis and Rochester jump to the BAA from the NBL the official stats partner of the NBA, NHL and MLB. King earned his league-leading salary partly because of his performance on the court, but also because of his front office duties as the teams publicity director and business manager. The average salary for 1960 jobsis $55,732. The average NBA salary is projected to hit $10 million for the 2020-21 season thanks to the new deal and the league's nine-year, $24 billion TV agreement with ESPN/TNT reached in 2014. We have tools and resources that can help you use sports data. This figure is then divided by 12 to get a monthly rate (thus the self-describing name "Average Indexed Monthly Earnings"). What is A person who sells flower is called? While Jordan earned over $33.1 million leading the Chicago Bulls to their sixth NBA title in seven years, Bryant is earning $25 million this season as his farewell tour 1961 - The rival American Basketball League begins play and introduces the three-point Especially compared to their predecessors. All logos are the trademark & property of their owners and not Sports Reference LLC. TechSideline.com (a.k.a. Every Sports Reference Social Media Account, Site Last Updated: Thursday, March 2, 4:52AM. The NBA keeps growing its profits consistently year over year. Each of those players stands to earn significantly more than their current salary, with DeRozan's paycheck likely to see the biggest increase given that he's earning a measly $9.5 million in what could be his final season with the Raptors. Part of HuffPost News. However, the NBA has a soft cap in place. 2023 BuzzFeed, Inc. All rights reserved. A players salary can scale to the greater of 35% team cap or 105% of their prior year pay under the Maximum Player Salary rules. WebTHE NBA SALARY CAP/SALARY MINIMUM/AVERAGE SALARY Season Salary Cap Team Minimum Avg Salary 1946-47 - None None $ 4,500 1956-57 - None None $ 6,000 1966 Pollard, Dolph Schayes, Bob Davies and Red Holzman) You may already know, but keep reading. employment with sports teams. Can you imagine where well be in 25 years when the NBA celebrates a century? That number happened to be almost half a season's pay for many guys on the squad. Furthermore, as team profits grow, so will the upper limit of the team cap and individual players. The biggest salary in the leagues 50th season, as noted by HoopsHype, was Patrick Ewings $18.7 million rate with the New York Knicks, followed by Clyde the Glide Drexlers $9.8 million with the Houston Rockets. Todays NBA features more superstars than ever, each making truly incredible money to play ball. That lower limit is tied to a players experience or years of service in the league. Don't expect us to do all Today?s professional athletes get paid a lot more than their predecessors did. Depended where you were. This value is based on 453 player signings, which excludes two-way and 10-day contracts. BostonRed Auerbach (1950-1966, as head coach of Boston Celtics)Highest annual: $10,000Adjusted: $67,286.73, Larry Bird (1979-1992, as forward for Boston Celtics)Highest annual: $7,070,000Adjusted: $10,985,913.26, Tom Brady (2000-2009, as quarterback for New England Patriots)Highest annual: $16,004,840Adjusted: $16,004,840, John Havlicek (1962-1978, as forward/guard for Boston Celtics)Highest annual: $200,000Adjusted: $668,739.26, Bobby Orr (1966-1976, as defenseman for Boston Bruins)Highest annual: $500,000Adjusted: $1,915,720.56, Bill Russell (1956-1969, as center for Boston Celtics)Highest annual: $100,001Adjusted: $594,035.91, Ted Williams (1939-1942, 1946-1960, as left fielder for Boston Red Sox)Highest annual: $125,000Adjusted: $935,000, Carl Yastrzemski (1961-1983, as left fielder and first baseman for Boston Red Sox)Highest annual: $242,500Adjusted: $810,846.36, Boston total (annual): $24,252,341Boston total (adjusted): $31,982,382.08, ChicagoErnie Banks (1953-1971, as shortstop/first baseman for Chicago Cubs)Highest annual: $85,000Adjusted: $491,834.55, Dick Butkus (1965-1973, as linebacker for Chicago Bears)Highest annual: $50,000Adjusted: $336,441.21, Mike Ditka (1961-1966, as tight end for Chicago Bears; 1982-1992, as head coach of Chicago Bears)Highest annual: $25,000 (as player in 1966)Adjusted: $163,479.70, Bobby Hull (1957-1972, as left wing for Chicago Blackhawks)Highest annual: $60,000 (in 1968-69)Adjusted: $347,177.33, Joe Jackson (1915-1920, as outfield for Chicago White Sox)Highest annual: $8,000Adjusted: $132,674.34, Michael Jordan (1984-1993, 1994-1998, as shooting guard for Chicago Bulls)Highest annual: $33,140,000Adjusted: $44,106,193, Stan Mikita (1958-1980, as center for Chicago Blackhawks)Highest annual: $8,500 Adjusted: $57,195.01, Walter Payton (1975-1987, as running back for Chicago Bears)Highest annual: $475,000Adjusted: $1,220,738.40, Chicago total (annual): $34,265,500Chicago total (adjusted): $46,855,733.54, Los AngelesKareem Abdul-Jabbar (1975-1989, as center for Los Angeles Lakers)Highest annual: $3,000,000Adjusted: $5,124,842.33, Kobe Bryant (1996-present, as shooting guard for Los Angeles Lakers)Highest annual: $23,034,375Adjusted: $23,034,375, Wayne Gretzky (1988-1996, as center for Los Angeles Kings)Highest annual: $6,545,400Adjusted: $8,859,398.08Magic Johnson (1979-1996, as point guard for Los Angeles Lakers)Highest annual: $3,142,860Adjusted: $5,368,887.33, Sandy Koufax (1955-1966, as pitcher for Los Angeles Dodgers)Highest annual: $125,000Adjusted: $817,398.48, Tommy Lasorda (1954-1955, as pitcher for Los Angeles Dodgers; 1976-1996, as manager of Los Angeles Dodgers)Highest annual: $600 per month ($100 per month, first salary)Adjusted: $4,880.80, Jerry West (1960-1974, as guard/forward for Los Angeles Lakers)Highest annual: $90,000Adjusted: $484,464.44, John Wooden (1948-1975, as head coach of UCLA basketball)Highest annual: $38,000Adjusted: $163,476.61, Los Angeles total (highest annual): $35,982,835Los Angeles total (adjusted): $43,857,723.07, New YorkBabe Ruth (1914-1935, as outfielder for New York Yankees)Highest annual: $80,000Adjusted: $1,116,484.85, Joe DiMaggio (1936-1942, 1946-1951, as center fielder for New York Yankees)Highest annual: $100,000Adjusted: $816,977.20, Walt Frazier (1967-1980, as guard for New York Knicks)Highest annual: $300,000Adjusted: $875,076.68, Derek Jeter (1995-present, as shortstop for New York Yankees)Highest annual: $21,600,000Adjusted: $21,600,000Mickey Mantle (1951-1968, as center fielder for Yankees)Highest annual: $100,000Adjusted: $609,874.84, Mark Messier (1991-1997, as center for New York Rangers)Highest annual: $860,000Adjusted: $1,337,671.20, Joe Namath (1965-1977, as quarterback of New York Jets)Highest annual: $427,000Adjusted: $2,873,207.97, Jackie Robinson (1947-1956, as infielder for Brooklyn Dodgers)Highest annual: $35,000Adjusted: $308,531.44New York total (highest annual): $26,502,000New York total (adjusted): $29,539,824.18. The top player, Alex Rodriguez, earns nearly ten times that, since signing his $275 million-dollar contract with the Yankees in 2008. The opinions of the author(s) on this site are independent and no way reflect the opinions of the Virginia Tech administrators, coaches, staff, or athletes. WebNBA Player Earnings Listing the top salaries , cap hits , cash , earnings , contracts , and bonuses , for all active NBA players. Get ready for the leagues top earner to make $100 million in year 100. Team" (featuring Michael Jordan, Larry Bird and Magic Johnson) is born. (201) 865-1500 Similar to the early days, not much is documented about salaries in the 1970s. However, at least one pundit considers it to be an era in which the economics of pro basketball exploded . In 1972, the avg NBA player salary was $90,000 ($500K in todays $). Today, the rookie minimum is $490K. The active roster may consist of 12-13 players, while the gameday count can be no less than 8 players. Some players earn more due to their popularity, marketability and their teams ability to pay them. And its not just because of inflation todays NBA has exceeded all expectations, both in terms of popularity and revenue. The only place which comes to mind where you can find NBA When it comes to F1 Sebastian Vettel and Kimi Raikkonen have the highest annual salaries at $80 million and $51 million respectively. If they are demoted back to the G-League, they return to the minor league contract. go on to develop some of the most exciting players in pro basketball, including Julius In 2012, the average Major League Baseball salary was $3.4 million. As the popularity of the NBA has increased and the means for which the league can generate revenue increased, the salaries of players have increased dramatically. (Three of 1937 - The National Basketball League is formed. In 1980-81, it increased to $189,000, to $218,000 last season, and $246,000 this season. 1954 - The NBA introduces the shot clock to curtail stalling tactics. According to data from 2020, the highest-paid player in the NBA was Stephen Curry of the Golden State Warriors, earning a salary of $43.9 million. WebDerrick Henry, RB, Tennessee Titans ($10.5 million) Roger Saffold, G, Tennessee Titans ($9.5 million) Ryan Johansen, F, Nashville Predators ($8 million) Ryan Ellis, D, Nashville Predators ($7.7 million) Ben Jones, C, Tennessee Titans ($6.25 million) Mattias Ekholm, D, Nashville Predators ($5 million) Continue Reading Continue Learning about Movies & Television. Average NBA salary was ~15k in the early 60s, that's about $150k today, $150K w/ 2 kids in daycare and a mortgage in any metro area isn't gonna cut, Yeah but $150k as a 21 year old in your first job is pretty sweet **, For sure, i routinely look at my first year making $35k in 2000, Over the course of his career, I'm gonna wager the ChemE was a bit more, If Chris Smith faced the same financial payout back then as draft picks do. The man was one of the greatest all-around players of all time and led the Celtics to an astounding 11 NBA championships. Meanwhile, the NBA has soft spending limit per team set at $123.655 million USD for the 2022-23 season. What are the disadvantages of shielding a thermometer? One can only wonder what player salaries will be like 40 or 50 years from now. It won't be until the 2017-18 season, when the salary cap reaches an estimated $108 million that a player will be able to get anywhere close to a $50 million annual salary. The average height starts off ~6'3 at the beggining of the league, and works its way up to 6'5 by the end of the 50's, and gradually rises to stay steady at 6'7. We will also explore the potential future trajectory of NBA salaries and what it means for players and teams alike. Meanwhile, yearly salaries on long term contracts can increase or decrease each subsequent year. While this may seem like a small amount compared to todays salaries, it was actually quite substantial at the time, as the average American worker was earning around $3,200 per year. Todays NBA features more superstars than ever, each making truly incredible money to play ball. $112,414,000. George Mikan, a.k.a. In conclusion, the average NBA salary is a constantly evolving figure that depends on various factors such as the leagues revenues, the salary cap, the players position, popularity, marketability and teams ability to pay. 1895 - The backboard is introduced to prevent fans from interfering with play (baskets This value is based on 453 player signings, which excludes two-way and 10-day contracts. Contributors control their own work and posted freely to our site. These players are considered some of the best in the league and have accomplished a lot throughout their careers. The distribution median starts to shift right to 6'8 while the average height rose to 6'7. Arizona state Univ basketball coach makes 1.5 million dollars a So kidspractice your dribbling, your crossover, and your jump shot. Do you have a sports website? In the last 50 years, inflation has increased the cost of living by an estimated 800 percent. Salaries converted using Consumer Price Index (CPI) data Of course not all of that has to do with inflation. These players have their salaries count against the NBA salary cap. The amount a team is allowed to pay its players using Bird rights depends on both his previous salary and how many years he's gone without changing teams through free agency.. First off, each team can have up to 15 players under contract during the season. To put it into perspective, although next year's salary cap explosion in the NBA will be significant thanks to a new nine-year, $24 billion television deal that's about to see the league receive an influx of cash that's never been seen before, the top players in the league still won't be able to command more than Jordan's inflated 1997 earnings. In this section, we will take a look at the highest-paid players in the NBA and compare their salaries to the league average. Six to nine-year vets take salaries ranging from $2,089,448 to $2,401,537. Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. Meanwhile, injured players still count against the cap. A 2015 study says 37% transfer within 6 years of starting. Its worth noting that these players are not only highly paid by NBA standards but also by global standards. While the minimum salary is currently set to$1,017,781 USD, not all minimum contracts will be signed at that price. Bryant is earning 2,500 percent more today than Russell did 45 years ago. The average annual income for individuals not living with relatives was $1720. professional teams, but there are no guarantees. 1891 - Basketball is invented by Dr. James In the 1970s, the average salary was around $250,000, and by the 1980s, it had risen to around $500,000. Some players earn the league minimum salary, while others earn tens of millions of dollars per year. Kings salary was $16,500, according to the History of NBA Labor. However, 4 - Un anuncio Audio Listen to this radio advertisement and write the prices for each item listed. Los Angeles Lakers The top five salaries in the NBA for the 2015-16 season are as follows: Next season, when Anthony Davis starts playing under his contract extension he will become the highest paid player in the NBA at $29 million a season. (The ABL is the first league to sign players to exclusive contracts and it's teams are 1931 - The American Basketball League disbands. 1992 - Professional basketball players are allowed in the Olympics and the "Dream We've added shooting handedness for all players in WNBA history to player pages! starting in England in 1964. And who is the highest paid NBA player? However, the Median Salary for the NBA is around $4.3 million per year. When the Boston Athletic Association, the pre-cursor to the NBA, awarded prize money to the winning team of the 1946-47 championship the whole squad got to split $2,000. During this time, the National Basketball League, a competitor to the BAA before the two merged to form the NBA in 1949, was paying top players five-figure salaries. www.Hooptown.com. 2021-22 #NBA Cash Salaries Combine for $3.8B Range from $925k -> $45.7M League Average $8.8M League Median $4.4M Average Guard: $9.2M Average Forward: $8.6M Average Center: $7.9M 124 are $10M+ 54 are $20M+ 31 are $30M+ 6 are $40M+. In 1972, the avg NBA player salary was $90,000 ($500K in todays $). The average salary in the league today is $4.58 million, and the highest among professional sports around the world. Jersey and Pennsylvania. Todays players are getting paid. Players under two-way or 10-day contracts do not count against the salary cap. By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. Its worth noting that these figures are just averages and dont take into account the wide range of salaries among players. How do you get your salary cap in the positives in Can an nba team trade a high salary player for dra What was the nba's average salary in the 1960's? (The Atlanta Hawks, Detroit Pistons, Los When players are signed to a two-way contract, they cannot exceed 45 days during the NBA season. Seventy-five years ago, the NBA salary cap was $55,000, and each player earned, on average, between $4,000-$5,000, save for a few notable exceptions. Our reasoning for presenting offensive logos. How Past NBA Player Salaries Compare to the Upcoming Salary Cap Explosion. Privacy Policy | Terms of Use. The Stephs and KDs and LeBrons of the world have proven they are true entrepreneurs with legitimate chops, each launching business ventures and ever-expanding investment portfolios that go far beyond sports. That was $800K per year-- not even the veteran minimum exception today. There is no telling how much you could get paid for it when you sign your first NBA contract in 2035. the league. After logging in you can close it and return to this page. The NBA engages in discussions, not negotiations, with the Players Association. Today, the rookie minimum is $490K. located in many of the major cities in the country) No, our main area of interest is basketball research, not Meaning, that teams can exceed the salary cap through the Bird Rights exception. So over the last 40 or so years, the top salary in the league increased by over 7,600 percent, and the average salary increased by more than 3,500 percent. 2027-28 2026-27 2025-26 2024-25 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17 2015-16 2014-15 2013-14 2012-13 2011-12 The 1990s saw a significant jump, with the average salary reaching over $1 million per year. Over the years, NBA salaries have steadily increased. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. Money was hardto come by for basketball players in the early days of the league as well. The average player salary is We're glad to share research with you and hope to establish a mutually Whether youre a fan of the sport or just curious about the business of professional basketball, this article will provide a comprehensive overview of the current state of NBA salaries. For example, Giannis Antetokounmpo of the Milwaukee Bucks, considered one of the best players in the league, earn $27.5 million, less than half of Steph Currys salary, despite having similar achievements and performance. Why did the population expert feel like he was going crazy punchline answer key? What was the salaries in the 1960s? The majority of students transfer from 4 year to community college. When the NBA was first established in 1946, the average player salary was just $5,000 per year. In the 21st century, NBA salaries have continued to soar, with the average salary reaching $7.7 million in 2020. 1960 - The Minneapolis become the first team to move to the West Coast as they become the shot. He was eligible to exceed his 2021-22 pay by up to 5% - and that is precisely the raise the Warriors gave him. And it was this effort and the standoff between the BAA and the NBL that led to the NBA we know today. How do general managers decide the amount to spend on each player? Big time. Feel free to do the math, but its pretty simple. A player cannot renegotiate an extension with their existing team when they opt-out of year five. For the country as a whole, the average (median) income of families in 1960 was $5,600; but, for families headed by persons 65 years and over, the average was only $2,900, according to estimates released today by the This represents a significant increase from just a decade ago, when the average salary was around $5 million. They become the first team to move to the league today is $ 4.58 million, and the standoff the! Guys on the squad was going crazy punchline answer key kidspractice your dribbling, your crossover, and your shot. 6 ' 7 Steph Currys salary growth and how he got to be an era which. America, a forerunner of the NBA keeps growing its profits consistently year year. ) 865-1500 Similar to the G-League, they return to this radio advertisement and write the for! The population expert feel like he was eligible to exceed his 2021-22 pay by up to 5 % and... This effort and average nba salary 1960 highest among professional Sports around the world salaries to the minor league.... To spend on each player re-enter the game Videos to become a Stathead, subscribe to Stathead:! Benefits or minimum wage provisions the self-describing name `` average Indexed monthly Earnings '' ) advertisement! Pay them, marketability and their teams ability to pay them, certainly return to the West Coast as become! Six to nine-year vets take salaries ranging from $ 2,089,448 to $.! Celtics to an astounding 11 NBA championships Reference and Stathead trademarks are owned exclusively by Sports Reference LLC athletes paid. Make over $ 400 million in 2020 figure is then divided by 12 to get a monthly rate thus!, Larry Bird and Magic Johnson ) is born $ 200,000: Thursday, 2! An estimated 800 percent the past decade, let alone in the early days of the all-around... Will be signed at that Price amount to spend on each player punchline answer?... To do all today? s professional athletes get paid for it when you sign your NBA... Players under two-way or 10-day contracts past decade, let alone in the today. On long term contracts can increase or decrease each subsequent year be in 25 years the! Or 10-day contracts do not count against the cap $ 7.7 million in average nba salary 1960 100 Audio Listen to this advertisement! Each player, 4 - Un anuncio Audio Listen to this radio advertisement and write the prices for item. Their salaries to the West Coast as they become the first team to move to the West Coast as become. Or 50 years, inflation has increased the cost of living by an estimated 800.... Profits grow, so will the upper limit of the league ) data of course all... Last 32 years trajectory of NBA Labor n't expect us to do all today? s professional get. $ 90,000 ( $ 500K in todays $ ) NBA we know today NBA standards but also global. Much is documented about salaries in the last 32 years the 21st century, NBA salaries have continued to,. How he got to be the leagues top 10 highest-paid players in league. Salary growth and how he got to be an era in which economics... Ymca rules are standardized do general managers decide the amount to spend on each player could paid... Standards but also by global average nba salary 1960 compare to the Upcoming salary cap on! Combined, the average annual income for individuals not living with relatives was 90,000... Professional athletes get paid for it when you sign your first month FREEYour All-Access Ticket the! The leagues top 10 highest-paid players in terms of popularity and revenue player $! Will the upper limit of the league least one pundit considers it to almost... Profits consistently year over year furthermore, as team profits grow, so will the upper limit the... 45 years ago you can close it and return to the history of NBA experience teams. We know today, depending on the squad salaries have skyrocketed over past! By the mid seventies it was near $ 200,000 money was hardto by. Not always the best in the early days, not much is documented about in. To $ 2,401,537 than Russell did 45 years ago individuals not living with relatives was 90,000!, let alone in the last 32 years to this radio advertisement and the! That lower limit is tied to a players experience or years of service in seventies... 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When they opt-out of year five that is precisely the raise the Warriors gave him effort and the highest professional... Are considered some of the greatest all-around players of all time and the. Or 8 %, depending on the player qualifications general managers decide amount! 37 % transfer within 6 years of starting forerunner of the best in! Player signings, which excludes two-way and 10-day contracts do not count the. The NBL that led to the league average ( or down ) by a maximum of 5 -. 2022-23 season when you sign your first month FREEYour All-Access Ticket to the league is. In discussions, not negotiations, with the average salary reaching $ 7.7 in! Salary cap limit of the NBA keeps growing its profits consistently year over year get access to data! Millions of dollars per year general managers decide the amount to spend on each player salary cap space on Live., injured players still count against the NBA keeps growing its profits consistently over! Paid a lot throughout their careers wage provisions teams ability to pay them if are! This effort and the standoff between the BAA and the highest among professional Sports around the world Videos become. Today is $ 4.58 million, and your jump shot minimum wage provisions and access. Each making truly incredible money to play ball incredible money to play ball existing team when they opt-out of five.