How much does a nba dancer make

How much do NBA stars earn? Salary rating-2019 - Blogg on the floor - Blogs

We count other people's millions.

Many people know that the NBA has a salary cap. It is set at $109.14 million for the 2019/20 season.

But not everyone knows that the salary cap is directly tied to the league's income. And with it - the salaries of all players. Basketball players make millions of dollars because the NBA makes billions of dollars.

8.2 billion, to be exact is exactly how much the NBA expects to receive in the coming season in the form of "Basketball-related income" (BRI, basketball-related income). This BRI includes only $400-500 million converted from yuan, so don't worry: even a complete break in relations with China won't take more than five or six percent off the BRI.

Under the 2017 Collective Agreement between the league and the players union, 50%* of BRI goes to players in the form of salaries.

* - actually not, but in order not to load the text with nuances, I will explain them in the comments.

There are 510 jobs in total in the league - each of the 30 teams can have 17 people in the application.

51 NBA players - exactly 10% - will receive at least $20 million next season **.

** - and again I suggest going to the comments for those who want abstruseness.

The “Gini coefficient” and other indicators of financial inequality in the NBA as in a single economy look better than the global ones: if in the real world the richest 10% own 75-85% of all wealth (in the US - 70-75% according to various estimates ), then in the NBA, the top 10% earn only 35% of all salaries.

But even this 35% is more than one and a half billion dollars. Or, in other words, 1,655 NBA rookie minimum contracts.

Let's look at how this one and a half billion is distributed. For a round number, we will limit ourselves to the top 50 earning more than 20 million; The 51st player in the ranking with a salary of exactly 20 million is Indiana guard Malcolm Brogdon. If you go to the basketball section less than once a week, then most likely you don’t even know who it is. And he earns more than Aguero, James, Neuer or any Serie A player except Cristiano.

Who is not in this part of the rating? For example, Philadelphia's rising star Ben Simmons, who signed a five-year, $170 million contract this summer that won't take effect until a year later, is now playing on a "modest" $8 million rookie salary.

For the same reason, Utah leader Donovan Mitchell, Dallas' delightful Luka Doncic, or intimidating rookie Zion Williamson are not yet on the NBA's Most Valuable Players list. All of them still earn a fixed salary (depending on the number under which the player was taken in the draft), for which they need to play 4 seasons before claiming a luxurious life.

Who is in this part of the rating? Giannis. The current NBA MVP - and the future, according to some forecasts, too.

Greek-Freak didn't make it into the top 40 for a number of reasons, the main one being the NBA doesn't renegotiate existing contracts (with a few exceptions that are so rare that they don't even deserve an asterisk and a footnote in the commentary). Antetokounmpo signed his contract back in 2016, by that time the Greek had never played in the All-Star Game, averaging 17 points and playing as the main point guard of the very weak Bucks (49losses in a season).

And Giannis, not so long ago a beggar teenager who sold souvenirs on the streets of Athens and ran in patched sneakers, was so grateful that Milwaukee believed in him that he did not insist on either a maximum contract or even a player option in the last year contract. He was told that he would receive $100 million, and he was stunned by this amount - and it does not matter that at the same time as him, Stephen Adams also signed for exactly the same contract, whom Oklahoma renewed only in a panic from losing Durant.

All in all, Antetokounmpo did great humanly but naively economically three years ago: Giannis has already lost $33 million by dropping his maximum wage and has also pushed back his possible free agency entry from 2020 to 2021.

That's why next year he will again be so low in the rankings. But then - hello to the biggest contract in the history of the NBA.

There are now only 32 people in the NBA with maximum contracts of (this number does not include DeRozan, whose salary was maximum only in the first two years of the contract, Horford and Love, who played at maximum levels a year ago, Vucevic, and Millsap and Middleton from the next group).

At the same time, almost everyone has different salaries.

How did it happen?

To answer this question, needs to understand how maximum contracts are formed .

Maximum contracts come in three levels depending on the player's experience:

• up to 6 league seasons - 25% of ceiling;
• 7-9 seasons - 30%;
• and more 10 - 35%

A player can jump up one category by becoming MVP, NBA Defensive Player of the Year or making the All-Star Team of the Season. At the same time, all these 25, 30 and 35% form only the salary in the first season. For example, now 25% of the ceiling is the salary of Russell, Porzingis, Booker, Townes. The first two signed a contract this summer, and the last two lasted a year ago, just their agreements implied entry into force in 2019-m.

And then everything changes: Russell, who signed a new team, Golden State after Brooklyn, will have an annual increase of 5%. Towns, who lasted with Minnesota, has 8%. And next year their salaries will be different.

Other players signed maximum wages in other years when there was a different salary cap. Anthony Davis received 25% of the ceiling in 2016 (he could have received 30%, but he got injured in the key season 15/16 and did not make the team of the season). Then, when he moved to the Lakers, he voluntarily forfeited a trading bonus so the Los Angelesers could sign a third star this summer.

Voiceover: They couldn't.

So it turned out that Davis and three other maximum speeds in 2016 are not in the top 30, since they are slightly behind the maximum contracts concluded later, in 2017-2019 - the growth rate of the ceiling and, consequently, the new maximum speeds were higher than the increase in their contracts .

Six people at once signed a new contract this year with a starting salary of 30% of the ceiling. And they are all different:

The strangest one is with Kyrie Irving: 1 million allocated in 8 bonuses, for which he needs to play in 70 games, hit 88.5% of free throws in a season, lose the ball no more than 2.4 times per game and so on. He did not achieve all this a year ago, and bonuses are not yet taken into account in his salary.

Tobias Harris will receive the maximum in the first year of his contract only, and will receive a total of 10 million less in the remaining seasons.

Clay Thompson signed up for 5 years.

Kemba Walker and Jimmy Butler - 4 years, the only difference is a possible trading bonus in Kemba's contract.

Kawhi signed up for 3. And the third year is a player option, so he should be a free agent again in 2021.

Yes, it's strange to see Kawhi Leonard outside the top 10 - but he chose this path himself (as the last NBA finals showed - he did the right thing). If the forward did not change teams, but remained in San Antonio, then this season his salary would be the same as that of Harden or Durant. But he has a different financial mechanism turned on: better conditions for winning the championship + a large market for new advertising contracts = the opportunity to get much more than the extra 5-6 million a year in the club salary.

Did you really think there was no calculator built into Kawhi's operating system?

P.S. Interestingly, in the top 20 - only Americans, this has not happened since the implementation of the salary cap in 1984! A new generation of super-foreigners, constrained by the financial rules of the NBA, has not yet reached the old American star guard.

King James always wants to be at the top of the list. But he was the most expensive player in the NBA only once : in the 2016/17 season. Before that, the Miami discount to team up with Wade and Bosch, the move back to Cleveland on a one-year contract, the technical impossibility of reaching Kobe's maximum salary. And then Curry, who has been playing in one club all his career, took the lead - after all, the NBA salary rules reward those stars who do not change clubs: they get a slightly higher maximum salary, a little longer, a little earlier.

But LeBron was always pissed off about the concept of a maximum salary. Why should workers be capped by some sort of salary cap? Why can't he earn in the NBA as much as she earns on him? According to various statistical metrics, LeBron's benefit in his peak years should have been paid by a contract of 70-80 million a year 2003, with a completely different salary cap.

Even now, LeBron James's salary would be much more than 37.4 million if there were no artificial restrictions in the NBA. Reference point? Let's take Cristiano Ronaldo. Similar age, status, achievements, popularity, the situation with the transition to another club, even advertising contracts they have about the same level of income. Ronaldo earns about 64 million a year from Juventus before taxes; LeBron, it turns out, almost half as much.

Nevertheless, LeBron will still be the first - in terms of total career earnings . In the upcoming season, he (307 million) will overtake Shaquille (286 million) and will be second only to Kobe Bryant (323 million) and Kevin Garnett (334 million), whom he will overtake in 2021. LeBron will earn almost $400 million in the NBA by the end of his career - and even more from advertising contracts. The dream of becoming a billionaire is getting closer.

Fans often demand strict logic in issuing maximum contracts. That they should only be given to MVPs or champions, that clubs shouldn't give big contracts to non-All-Star players, that only five/two/ten people/one LeBron/all 510 NBA players are eligible for the top salary.

Actually there is no logic.

The maximum contract, even the largest possible (35% of the ceiling), can be received for real services to the club, like Harden - and still there will be people who consider his salary too high.

You can - for previous achievements. Kevin Durant will make over $38 million in a season without a game for Brooklyn due to a torn Achilles , but the Nets believe he can return to his former superstar level and add championship experience to the team.

Or you can - for vague promises to become a top NBA player, as was the case with John Wall. He sparkled in the second half of the 2016/17 season and made it to the NBA's third All-Star Five, which qualified him for a Supermax contract extension. And "Washington" then gave him this 170 million extension for 4 years, which is effective now.

Since signing, Wall has never played more than 50% of his season and, like Durant, will miss the 2019 season/20 whole. But in 2017, he was a rising star, soon to be the best defenseman in the conference, and was priced into a super-max contract…

Or just Washington. A team that hasn't played in an Eastern final for 40 years.

Westbrook and Paul are united not only by the fact that they were traded for each other in July, but also by the fact that since 2018 they have an identical salary. They were extended through different mechanisms, but came to the same numbers (although Westbrook has a contract for a year longer).

Why are their salaries higher than the Durant-Harden-Wall trio? Again, remember that the maximum salary depends on the ceiling, which grows unevenly . The annual salary increase is 8%, while the salary cap has increased by only 7.14% in the last year.

Contracts in the NBA, as already mentioned, are not reviewed - neither as a result of negotiations between the parties, nor by any automatic rules, so in a year Westbrook and Paul are entitled to 41 million, in two - 44 million each. And this figure will not change, even if all countries, including the United States, follow the example of China, turn their backs on the NBA, and the salary cap falls from 109million dollars to 109 million cents.

Next year, Durant, Harden, Wall, Paul and Westbrook will break the $40 million salary bar with their supermaxes. But they won't be the first.

Steph Curry won his first MVP and first title, being fourth in salary on his team, and 53rd in the league behind JaVale McGee, Larry Sanders and Andrea Bargnani.

Second MVP - fifth salary with the Warriors and 61st in the NBA, behind Amir Johnson, Demarre Carroll and Brandon Knight.

Second title - Curry is the 82nd highest paid in the NBA, and it's too long to list role players earning more. At the time, Curry's salary of $12 million was closer to the minimum (1.3 million) than the maximum (26.5 million).

Just before the third title, Stef was given the contract he deserved. The largest in history at that time - 201.2 million dollars.

The third season of this contract breaks the historic mark of $40 million. However, taking into account inflation, this is not a record, but only the third most expensive indicator.

Jordan has the first two, of course. His 30 million in the 96/97 season in today's dollars would be 49 million, and 33 million in 97/98 would be 54 million.

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