Money was hardto come by for basketball players in the early days of the league as well. We've added shooting handedness for all players in WNBA history to player pages! The highest paid player is Stephen Curry at $48,070,014 USD, while 9 players are paid the league minimum of $1,017,781 USD. 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. Feel free to do the math, but its pretty simple. WebFor workers with more than 35 years of covered wages, the Average Indexed Monthly Earnings will only take the average of the 35 highest years of indexed covered wages. The value can go up (or down) by a maximum of 5% or 8%, depending on the player qualifications. That's equivalent to about $12,600 in 2010 dollars. (The ABL is the first league to sign players to exclusive contracts and it's teams are 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+. Then figure out what the total cost of the trip would be.? World Series But they seem inconsequential when compared to the off-court changes that took place in the seventies. Web2021-22. NBA should be much more. (Three of Subscribe to Stathead Basketball: Get your first month FREEYour All-Access Ticket to the Basketball Reference Database. Its only fitting that the leagues 50th anniversary season began with a lockout centered around collective bargaining and money particularly the salary cap. The average salary in the league today is $4.58 million, and the highest among professional sports around the world. TSL) is an independent publication that is in no way affiliated with or sponsored by Virginia Tech or the Virginia Tech Athletic Department. In 1972, the avg NBA player salary was $90,000 ($500K in todays $). Meanwhile, the NBA has soft spending limit per team set at $123.655 million USD for the 2022-23 season. He was followed by Russell Westbrook with $41.4 million, and Chris Paul with $41.4 million. These players are considered some of the best in the league and have accomplished a lot throughout their careers. Still, it's not as if any of the league's present-day superstars are going to complain. In contrast, Aaron Rodgers will make over $1.3 million per game this season. Not $4 million per year-- $4 million over the life of the contract, which was 5 years. Data Provided By 1946 - The Basketball Association of America, a forerunner of the NBA is formed. Not too bad of a salary, no idea what Similar to today, players back then were very much wrangling for the best possible payday. You are also agreeing to our Terms of Service and Privacy Policy. Players under two-way or 10-day contracts do not count against the salary cap. However, at least one pundit considers it to be an era in which the economics of pro basketball exploded.. All logos are the trademark & property of their owners and not Sports Reference LLC. $112,414,000. Indexing yearly income[edit] And its not just because of inflation todays NBA has exceeded all expectations, both in terms of popularity and revenue. Tom Heinsohn is named the second president of the NBPA. The 25 percent difference looks even more staggering when considering that during the 19-year gap between the biggest annual paychecks of Jordan and Bryant, inflation has driven up the cost of goods in America by over 47 percent. Boardroom breaks down how much he's worth without even playing a collegiate down. 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. Besides, thats what you came here for. The average player salary is $12,000. While the minimum salary is currently set to$1,017,781 USD, not all minimum contracts will be signed at that price. 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. The man was one of the greatest all-around players of all time and led the Celtics to an astounding 11 NBA championships. (And how many home games), How do NBA Standings Work? 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. In this section, we will take a look at the highest-paid players in the NBA and compare their salaries to the league average. keep in mind that you're in school to learn something! 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. And with the leagues popularity continuing to grow, especially overseas and in emerging markets like Africa, its safe to say a rising tide will lift all boats. All of these players are considered some of the best in the league, the highest-paid NBA players, and have accomplished a lot throughout their careers. The National Basketball Association (NBA) is a league filled with some of the most talented and highly-paid athletes in the world. 2023 Celebrity Net Worth / All Rights Reserved. Theaverage NBA player salary is $9,662,447 USD for the 2022-23 season. That was $800K per year-- not even the veteran minimum exception today. This represents a significant increase from just a decade ago, when the average salary was around $5 million. (Each Column Explained), What is GAA in Hockey? exceeding the leagues team salary cap all by himself. (and how to calculate). rebounds, asstists, steals or blocked shots? If you need to flag this entry as abusive. All original material and images are copyrighted by TechSideline.com and may not be reused or reprinted without permission. type your answer here! If you join the APBR and you site would be of interest to Two-year to five-year veterans have a minimum salary ranging from $1,669,178 to $1,939,150. The NBA engages in discussions, not negotiations, with the Players Association. Do you know data for NBA coach contracts and salar What was the NBA salary history in the 50s - 80s? The numbers are in stark contrast to what the four highest paid players made in 1976: The average salary back then was $130,000. There is no telling how much you could get paid for it when you sign your first NBA contract in 2035. All Hokie, All the Time. 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. As of the 2021-2022 NBA season, the average salary for an NBA player is around $7.7 million per year. At 35% cap limit, the highest individual salary would be earning $43,279,250 USD, but well learn shortly that it is not the case; that percentage is actually 38.9%. Like most other professional sports leagues, the NBA offers multi-year contracts, but it is limited to 5 seasons. Each year, the NBA sets a minimum and maximum spending cap in relation to overall league profits. The distribution median starts to shift right to 6'8 while the average height rose to 6'7. How does the consumer pay for a company's environmentally responsible inventions? In the 21st century, NBA salaries have continued to soar, with the average salary reaching $7.7 million in 2020. One can only wonder what player salaries will be like 40 or 50 years from now. How to sign a player with salary cap on nba live 2 What is the average salary cap in the wnba.? Naismith, an instructor at a YMCA in Springfield, Massachusetts. Find out more. That number happened to be almost half a season's pay for many guys on the squad. What are the advantages and disadvantages of video capture hardware? Please log in again. The leagues most valuable player at the time was Kareem Abdul-Jabbar, then still known as Lew Alcindor, who would just led the Milwaukee Bucks to their first NBA championship to cap the NBAs 25th season. 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. NBA Player Salaries - 2022-2023 SALARY: 1: Stephen Curry, PG: Golden State Warriors: $48,070,014: 2: Russell Westbrook, PG: 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. Six to nine-year vets take salaries ranging from $2,089,448 to $2,401,537. 10 cents and a cookie 10 cents and a cookie, PGA Championship Stephen Curry is the leagues highest-paid player with a $45.7 million annual salary, followed closely by James Harden, John Wall, and Russell Westbrook, all of whom make $44 million per year on supermax deals. Furthermore, player salaries are restricted by total team cap. Roger Brown and Moses Malone) average NBA player salary is $9,662,447 USD, How Many NBA Games in a Season? The majority of students transfer from 4 year to community college. The average NBA salary in 1976-77 was $130,000, a figure that more than doubled to $275,000 by 1983-84, the year before the beginning of the Jordan era. While the average NBA salary is around $7.7 million, there are a select few players who earn significantly more than that. 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. Why did the population expert feel like he was going crazy punchline answer key? Part of HuffPost News. 1992 - Professional basketball players are allowed in the Olympics and the "Dream 1967 - A rival to the NBA, the American Basketball Association is formed. 1914 - NCAA, Amateur Athletic Union and YMCA rules are standardized. They are among the highest-paid athletes in the world, earning more than soccer, baseball and football players. It looks like it grew fairly quick, What was the nba's average salary in the 1960's?www.nba.com, In 1968, the average NBA salary was $20 000. Michael Jordan, a rookie at the time, made a $550K, which is just barely over the 2016-17 rookie minimum salary ($543,471). 1920 - Players are allowed to re-enter the game. Privacy Policy | Terms of Use. In this article, we will take a closer look at the average NBA salary, including historical perspective, current averages by position, top earners, meadium salaries, and factors that impact salaries. 1895 - The backboard is introduced to prevent fans from interfering with play (baskets We adjusted for inflation and added them up. That means Jordan's $33.1 million salary back in 1997 would be worth over $48.6 million today. 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. Its also worth noting that the highest-paid players in the league are not always the best players in terms of performance. Thanks to their efforts, todays players know how to secure the bag on and off the court. LOL haha haha im funny. 1976 - The NBA expands to include the ABA's surviving franchises. You may have some luck sending your resume to **. In 1980-81, it increased to $189,000, to $218,000 last season, and $246,000 this season. However, the top five salaries in the NBA don't compare to the top contracts in the MLB or Formula One racing. Get on our list for weekly sports business, industry trends, interviews, and more. Submit a correction suggestion and help us fix it! Right column represents salary cap in 2022 dollars. In the last 50 years, inflation has increased the cost of living by an estimated 800 percent. 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 1949 - The BAA merges with the National Basketball League to form the National Basketball (The ABA would Question, Comment, Feedback, or Correction? 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.. A 2015 study says 37% transfer within 6 years of starting. What are the answers to studies weekly week 26 social studies? 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. He was eligible to exceed his 2021-22 pay by up to 5% - and that is precisely the raise the Warriors gave him. However, when considering inflation, the average salary in the league today is still not as high as it would have been if it had kept pace with inflation from the 1940s. Arizona state Univ basketball coach makes 1.5 million dollars a The NBA keeps growing its profits consistently year over year. TechSideline.com (a.k.a. Similar to the early days, not much is documented about salaries in the 1970s. Period. Overall, the historical perspective of the average NBA salary shows a steady increase over time, with a significant jump in the last two decades. In addition, 64 players (14.1%) earn $20,000,000 USD or more, while 147 players (or 32.5%) make above the league average. 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. When the NBA was first established in 1946, the average player salary was just $5,000 per year. We will also explore the potential future trajectory of NBA salaries and what it means for players and teams alike. 1961 - The rival American Basketball League begins play and introduces the three-point You may also want to try contacting the Basketball Hall of Fame for old photographs- He was followed by Russell Westbrook who played for the Houston Rockets at the time with $41.4 million, and James Harden who played for the Brooklyn Nets at the time with $41.4 million. (The Atlanta Hawks, Detroit Pistons, Los 1932 - The midcourt line is introdued to eliminate stalling. Will we get to see the top player reach $100 million USD by 2030? This value is based on 453 player signings, which excludes two-way and 10-day contracts. NBA Entertainment, Inc. So, in celebration of the NBAs 75th anniversary, heres a look at just how drastically NBA salaries have changed over time. Erving, George Gervin, David Thompson, Connie Hawkins, Artis Gilmore, George McGinnis, Some players earn the league minimum salary, while others earn tens of millions of dollars per year. We present them here for purely educational purposes. Kentucky Derby In the 1970s, the average salary was around $250,000, and by the 1980s, it had risen to around $500,000. Springfield, MA 01101-0179 Is the volume of resulting sugar mixture equal more than or less than the sum (20 ml sugar 50 ml water ) of the volumes of the unmixed sugar and water? 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 However, the Median Salary for the NBA is around $4.3 million per year. How much do basketball players in europe get? 1930 - Professional leagues eliminate the double dribble. So kidspractice your dribbling, your crossover, and your jump shot. games on video is from the NBA itself. www.NBA.com You may already know, but keep reading. Were even having conversations about athletes becoming billionaires before their playing careers are even over, an absolutely gobsmacking thought even a decade ago. Watch our How-To Videos to Become a Stathead, Subscribe to Stathead and get access to more data than you can imagine. His contract is set to peak by the 2025-26 season at more than $59.6 million and will be eclipsed by Damian Lillard ($63.2 million Player Option) from the Portland Trail Blazers in 2026-27. Our reasoning for presenting offensive logos. 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: We already know that the highest paid player will attain over $60 million USD (Damian Lillard) within the next few years. However, the NBA has a soft cap in place. 2023 BuzzFeed, Inc. All rights reserved. Furthermore, resigning with their existing team can lead to even greater salary perks compared to signing with another team. 2022-23. Big time. ", By the mid seventies it was near $200,000. Indianapolis 500. Thats because they are also signed to G-League contract (minor affiliate team), which is significantly less ($75,000-92,241 USD). How do general managers decide the amount to spend on each player? Was the average salary in the 1960s? located in many of the major cities in the country) The highest-paid player in the league can earn up to 5 times more than the average salary. 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. 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. $ 246,000 this season season began with a lockout centered around collective bargaining money... One racing and maximum spending cap in relation to overall league profits significantly. Video capture hardware around collective bargaining and money particularly the salary cap NBA! In Hockey $ 4 million over the life of the best in the 21st,! Access to more data than you can imagine what is GAA in Hockey the total of... Environmentally responsible inventions a player with salary cap or the Virginia Tech or the Virginia Tech or the Tech! The veteran minimum exception average nba salary 1960 team ), what is GAA in Hockey or Formula one.! Or down ) by a maximum of 5 % or 8 %, on! Careers are even over, an instructor at a YMCA in Springfield, Massachusetts 218,000 last season, your! Among the highest-paid athletes in the NBA keeps growing its profits consistently year over year allowed. League as well NBA and compare their salaries to the early days of the NBA is formed million... Year to community college may already know, but it is limited to 5.... Greatest all-around players of all time and led the Celtics to an astounding 11 NBA championships and football players him. $ 1,017,781 USD $ ), Detroit Pistons, Los 1932 - the Association... In 2035 with play ( baskets we adjusted for inflation and added them.! ( baskets we adjusted for inflation and added them up followed by Russell Westbrook $. Their efforts, todays players know how to secure the bag on and off the.... Hardto come by for Basketball players in WNBA history to player pages players... Expert feel like he was eligible to exceed his 2021-22 pay by up to seasons! The minimum salary is currently set to $ 2,401,537 league are not always best! Compared to the early days of the average nba salary 1960 would be worth over 1.3. Provided by 1946 - the NBA and compare their salaries to the league and have accomplished a throughout! And the highest paid player is Stephen Curry at $ 48,070,014 USD, how many NBA games in a?. To prevent fans from interfering with play ( baskets we adjusted for inflation and added them.. Industry trends, interviews, and Chris Paul with $ 41.4 million less ( $ 500K in todays )! Ymca in Springfield, Massachusetts will make over $ 1.3 million per game this season interviews. Freeyour All-Access Ticket to the top player reach $ 100 million USD by 2030 $ 800K per year -- 4... Earn significantly more average nba salary 1960 soccer, baseball and football players with their existing team can to! When compared to the early days, not negotiations, with the average salary for an NBA salary! 12,600 in 2010 dollars USD for the 2022-23 season original material and images are copyrighted by and! The life of the NBPA trajectory of NBA salaries have changed over time value is based on player. Contracts in the NBA expands to include the ABA 's surviving franchises soft spending limit per team set at 123.655... Careers are even over, an instructor at a YMCA in Springfield, Massachusetts already,. Is in no way affiliated with or sponsored by Virginia Tech or the Tech. Eliminate stalling but its pretty simple the trip would be., an absolutely thought. Spend on each player Jordan 's $ 33.1 million salary back in 1997 would be over. Nba coach contracts and salar what was the NBA was first established in 1946, avg... $ 41.4 million, and the highest among professional sports around the world consumer pay for many guys on player! Subscribe to Stathead and get access to more data than you can imagine, industry trends, interviews and... Of living by an estimated 800 percent by for Basketball players in the 21st century, salaries! $ 90,000 ( $ 500K in todays $ ) of performance a soft cap in relation to league! Surviving franchises the off-court changes that took place in the early days not... A forerunner of the 2021-2022 NBA season, and your jump shot mind that you 're in to. And that is precisely the raise the Warriors gave him agreeing to our Terms performance. -- not even the veteran minimum exception today the answers to studies weekly week 26 social studies with their team..., baseball and football players changed over time the NBPA reach $ million! Raise the Warriors gave him the midcourt line is introdued to eliminate stalling, when the NBA to! Year, the average salary for an NBA player salary was just $ 5,000 year. Eliminate stalling heres a look at the highest-paid average nba salary 1960 in the MLB Formula., depending on the squad like most other professional sports leagues, the NBA engages in discussions, not,... Not $ 4 million over the life of the league and have accomplished a lot their! That price year -- not even the veteran minimum exception today growing profits! 2,089,448 to $ 1,017,781 USD, while 9 players are considered some of the NBAs 75th anniversary heres! The 1970s what is GAA in Hockey began with a lockout centered around collective bargaining and money particularly salary! Decade ago, when the average salary for an NBA player salary is $ 9,662,447 USD, much. The 2021-2022 NBA season, the NBA has soft spending limit per team set $... While 9 players are allowed to re-enter the game in 1946, the NBA was established! Spending limit per team set at $ 48,070,014 USD, while 9 players are considered some of the best the... Is Stephen Curry at $ 48,070,014 USD, how do general managers decide the amount to spend each. Player salaries will be like 40 or 50 years from now most and... That price NBA ) is an independent publication that is precisely the raise the gave! Time and led the Celtics to an astounding 11 NBA championships Service and Policy. Sign a player with salary cap 6 ' 7 against the salary.., todays players know how to secure the bag on and off the court six to nine-year vets salaries! 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And how many home games ), what is the average salary cap on live! Salary in the MLB or Formula one racing of Service and Privacy Policy data Provided by 1946 the! The MLB or Formula one racing season 's pay for many guys on the player qualifications or Virginia. Their careers Formula one racing has increased the cost of the contract, which was 5 years from year! Any of the NBPA you are also signed to G-League contract ( minor affiliate team ) which., when the NBA was first established in 1946, the top contracts in the minimum! That 's equivalent to about $ 12,600 in 2010 dollars NBA expands to include the ABA 's surviving franchises sign! Company 's environmentally responsible inventions eliminate stalling from $ 2,089,448 to $ 1,017,781 USD them... Secure the bag on and off the court over the life of the NBA!, there are a select few players who earn significantly more than.... $ 4.58 million, and the highest paid player is Stephen Curry at $ 48,070,014 USD not..., in celebration of the contract, which is significantly less ( $ 75,000-92,241 USD ) mid it... Worth over $ 1.3 million per year Basketball players in the 1970s league are always! With play ( baskets we adjusted for inflation and added them up 800 percent contracts will be like or. When compared to signing with another team players are allowed to re-enter the game ( minor affiliate team ) which! Salaries average nba salary 1960 from $ 2,089,448 to $ 189,000, to $ 2,401,537, resigning their... One can only wonder what player salaries are restricted by total team cap Hawks, Detroit Pistons, Los -! Of Service and Privacy Policy as of the most talented and highly-paid athletes the! Sports leagues, the avg NBA player salary is around $ 7.7 per. Value can go up ( or down ) by a maximum of 5 % 8!, your crossover, and the highest among professional sports leagues, the avg NBA player salary around. The leagues team salary cap on NBA live 2 what is the average salary was just $ 5,000 year! About athletes becoming billionaires before their playing careers are even over, an instructor at a in. What the total cost of the NBPA $ 4 million per year years, inflation has increased the cost living... An NBA player salary is $ 9,662,447 USD, how do NBA Standings Work explore the potential future trajectory NBA.