average basketball player salary

There are scouts attending EuroLeague games all the time, and young players are regularly drafted to the NBA. That’s a difference of over $700,000! Many players who play in the D-League never get a shot to play in the NBA. Average Salary for NBA players in 2018 – $5 million As of the 2016-2017 NBA season, the average salary for NBA players across all levels is $5,012,892. There may be many reasons for a basketball player to stay in North America instead of going overseas. Magic Johnson became the first player to earn $10 million or more in the 94-95 season with a salary of $14,660,000. Most of those drafted players end up on NBA teams, while others might end up on the D-League teams for their parent clubs. The highest-paid NBA players by season has recently eclipsed $40 million. When does Basketball Season Start in High School. In China, some players earn between $1 and $3 million a year, while players in Europe start out around $100,000. You never know, you may end up with a long career playing the game you love for good money. If not, then they can still go back to Europe and their great paying job overseas. Cap figures have risen over the years, reaching $57.7 million per team in 2009, according to the Washington Post. The elite talent and sleek hype of the NBA bring in billions of dollars in revenue for the league and its franchises, not to mention the players and coaches on the court. The current collective bargaining agreement expires in June 2011, and it is unlikely the the players association will accept such reductions without some form of expanded revenue sharing. They play in the NBA’s summer league hoping to turn some heads. David Thyberg began his writing career in 2007. Larry Bird was the first player to earn $5 million or more with a salary of $7,070,000 in the 1991-92 season. There is another option for great basketball players that probably will not play in the NBA. Washington Post: NBA Free Agency - Salary Cap Exceptions Explained, The New York Times: Players in Europe Ponder an N.B.A. The average NBA player salary is $7.7 million for the season that starts on Tuesday and will run through June 2020. Michael Jordanwas the first NBA player to sign a contract worth over $20 million and in fact it exceede… Pension. As an Amazon Associate I earn from qualifying purchases. Making the NBA is an honor reserved for only a very select few players. Magic Johnson became the first player to earn $10 million or more in the 94-95 season with a salary of $14,660,000. Patrick Ewing became the first player to earn $15 million or more in the 95-96 season with a salary of $18,724,000. There are many leagues in Europe that are very competitive and pay better than the D-League. The world is smaller than ever before. Player salaries are likely to continue rising with inflation, but there may be some bumps in the road. {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}. The salary range for players in the NBA is based around a system that measures years of service, offering the highest rates to veterans of 10 years or more. Who has the most Buzzer Beaters in NBA History? They are drafted or signed as free agents to fill out a roster. How Much Do European Basketball Players Make. However, the financial gulf between the NBA and developmental leagues is huge. The National Basketball Association (NBA) ranks as the world's premier stage for professional basketball players and coaches. Compare more salaries for NCAA College Basketball Player at Let’s imagine a 20-year-old young man who travels overseas to play. For example, Brittany Griner, the top pick of 2013 WNBA Draft, only earned $49,440 when she played for the Phoenix Mercury her rookie season. For example, J.R. Bremer earned over $1 million in net salary from Triumph Lyubersty in Russia in 2008 after being waived by the Charlotte Bobcats in 2005, according to the New York Times. If you continue to use this site we will assume that you are happy with it. He enjoys writing about social issues, travel, music and sports. Jorge Castillo of the Washington Post notes that the league's minimum salary is expected to get a bump up to $1.3 million for the 2011 season. Europe is a growing market that will often pay U.S. players $100,000 a season, while China's CBA has wooed players such as Wilson Chandler and J.R. Smith to play for between $1 and $3 million a year, tax free. Most players get there by attending a US college on a scholarship and playing on their team. Moving to Europe isn’t everything, and money isn’t everything either. She then went on to earn $600,000 by playing in the Women's Chinese Basketball Association for 3 months. Average NBA Player Salaries Of course, the NBA's best players are not always the highest-paid players, due in large part to the veteran salary scale. As of 2010, the active NBA player with the largest salary was Kobe Bryant of the Los Angeles Lakers. At some point, after at least a year of playing, the best players get drafted to the NBA. Many WNBA players have also found it beneficial to use their off-season playing in China. ), The Secret Science of Solving Crossword Puzzles, Racist Phrases to Remove From Your Mental Lexicon. Copyright 2020 StepienRules, all rights reserved. The fact is, these players are missing out on a lot of money by choosing to stay. Copyright 2020 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. According to the Huffington Post, the average player salary was around $3.4 million in 2010. There are many reasons for this. Like most pro sports leagues, the NBA features a wide range of salaries. How Much Money Do Overseas Basketball Players Make. A star players such as Alexey Shved makes more than $4,000,000. By looking at the big picture, the best choice should be to take the money and perks in Europe. Other veteran coaches earning over $6 million for the 2009 season included Don Nelson, Larry Brown and Mike D'Antoni. The salaries in the D-League can vary, but players make anywhere between $12,000 and $24,000 per season. Playing basketball overseas has become an attractive option for players who are looking to be compensated more than they would be in the United States, particularly those players who have been signed to the NBA's Developmental League, which is a stepping stone to playing in the NBA but only pays its players between $12,000 and $24,000 a year. It’s tough to give up a dream. Fact Check: What Power Does the President Really Have Over State Governors? The league's best coaches earn in excess of $5 million per season, with Phil Jackson of the Lakers heading the list for 2009 with a $10.3 million salary. Women's basketball players can also do well overseas, sometimes earning 12 times more playing in China than they do in the United States. Thyberg has been published in various newspapers, websites and magazines. Teams in Europe typically pay the most, with leagues in Spain, Italy, France, Russia and Greece leading the way. D-League stands for Developmental league, and it serves as the minor leagues for the NBA. With an average annual salary of $42.3 million, Harden signed up for … For skilled players who don't make it to the NBA, developmental leagues and minor leagues are the only remaining domestic options. From high school basketball to March Madness to the NBA, America loves its hoops, and so does the rest of the world. The highest-paid NBA players by season has recently eclipsed $40 million. It’s the best league in the world with the best players and the salaries to match. Will 5G Impact Our Cell Phone Plans (or Our Health?! As for the rookies of the NBA, the top draft picks also make huge sums of money. The average salary for NCAA College Basketball Player is $41,479 per year, ranging from $36,832 to $45,565. Many clubs will also pay for a player’s taxes and provide other benefits such as housing and a vehicle on top of their salary. The top 10 picks from 2009 as a group made $106 million in guaranteed money, according to the Huffington Post. NBA coaches with relatively little experience and prestige still tend to make a generous salary. The amount of money an athlete can earn playing basketball overseas can vary depending on the country. That means needing to have another job in the offseason to have a proper living. The player could very well struggle financially for years and end up out of the game without a safety net.

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