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- $95 Million/Year NBA Contracts Are Coming đź’°
$95 Million/Year NBA Contracts Are Coming đź’°
NBA SALARY EXPLOSION
NBA players will soon be making upwards of $95 million per year.
Adam Silver is on the verge of closing the NBA’s new media deal…and it’s a big one.
We’re talking almost $80 Billion over the next 11 years.
For comparison, the last deal was signed in 2014.
It pales in comparison to the new one - which will be more than double the cash/year.
The players are entitled to 51% of all NBA revenue, which means salaries are forced to skyrocket.
The Summer of 2029 is a shocking example:
The cap will be roughly $200 million, which means a max contract (35% of the cap) will be $72 million/year.
These are 4 years + a player option 5th…and the cash goes up every year.
That 5th year player would be a whopping $95 million.
What’s more shocking is the total value of $419 million over 5 years.
We can go a step further though…
NBA max salaries are already extremely high.
Stephen Curry made $55 million this season.
By 2029 a star like Luka Doncic will have already made $350 million in career earnings.
When I share with you his full projected career earnings…your brain might break.
If Luka plays at an All-Star level and retires at 38 years old…
He’ll have a made a grand total of $1.2 Billion in the NBA.
I’m not even counting endorsements, but if we tack on his $10 million/year off the court…
His grand total by 38 years old inflates to $1.4 billion.
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