How Much Money Does an NBA Player Make?

How Much Money Does an NBA Player Make?

How Much Money Does an NBA Player Make?

The average salary of an NBA player for the 2013-14 season is $3,842,995 while the median salary is $1,945,860. This figure, however, is contingent on the contract the player signed with his team.

Based on the Collective Bargaining agreement, there is also a minimum player salary based on tenure that increases with years of experience. For example, a rookie player is guaranteed a minimum annual salary of $490,180 while a veteran with 10-plus years of service must be paid at least $1,399,507 per year. The league's highest-paid player for the 2013-14 season is the Los Angeles Lakers' Kobe Bryant, whose contract pays him $30,453,805.