I believe by 2035 a superstar in the NBA will past 200 million a year salary. You have guys currently making over 50 million a year that do not put fans in the seats. That begs the question if a no name star gets 50 million plus what should the next LeBron, Curry get. Today the Spurs signed DeAndre Fox for 57 million a year x 4. Most of you have probably never heard of him.
200 million a year NBA player
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I think there's a cap. The reason these players are getting these big deals is because the revenue is going up. At some point that is going to flatten and consequently the salaries will as well. I can't give you a number, maybe it's higher than 200m, but there is a ceiling. At least theoretically.
Like the other major sports leagues, their union negotiated for the players to receive 51% of all basketball-related income. Revenues fluctuate of course, and this year they were down compared to internal projections. Because of that, players actually lost out on about $500 million from their escrow fund this past season. That means they retained about 91% of their salary. The big dogs get hit the hardest because they're making the most. If you made $20 million on paper, you took home $18.2.
Ticket sales aren't the primary driver of revenue. Look up the TV deals and corporate sponsorships. They have new deals with NBC, ESPN/ABC, and Amazon, which are collectively worth $77 billion over 11 years.
I'm sure we'll see a steady increase in pay but I'm not convinced we'll see contracts the size of what OP had mentioned.
Ticket sales aren't the primary driver of revenue. Look up the TV deals and corporate sponsorships. They have new deals with NBC, ESPN/ABC, and Amazon, which are collectively worth $77 billion over 11 years.
I'm sure we'll see a steady increase in pay but I'm not convinced we'll see contracts the size of what OP had mentioned.
Wait until Victor Wembeyama signs his Super Max contract. That's when we will see the money just blow through the roof.
That only means the NBA makes a lot of $$$ and the NHL is not much. That's the just business economics. So, yeah I would argue some could be on the "wrong sport" if they wish to make gazillion bucks. On another note, so many of these NBA players blow all their money, worse be under millions of $$ just after a few years of retirement after the league. It all comes into perspective I would say.
NBA roster is only 15 players versus 23 players for an NHL roster. Also in basketball you can win with 1 or 2 stars and with less bench depth . So the stars can take a disproportionate amount of the allocation of the salary cap available for the team. Hockey you need way more depth so more players have to get paid higher salaries. McDavid and Draisatl are 2 of the biggest stars but no Stanley Cup became of a lack of depth.
Not true... Have you watched the NBA lately? Basketball is still a team sport no matter what and how the media portrays that you can win with stars. Sure, stars carry the team but bench depth matters a lot. Just like the latest NBA Finals, the two teams who reached the finals have great bench depth even if they have some stars, so your assumption is wrong. If you want a more clear example, look at Denver Nuggets, Nikola Jokic is arguably the best basketball player in the NBA right now, but his team lacked bench depth last season so they lost in the 2nd round. Golden State Warriors' Steph Curry is literally carrying his team yet bench depth is a problem that plagued them, same as every other team out there.
It's mostly what other guy said that it's the NBA gone global and they make money everywhere from jersey sales, tv deals, broadcast rights, game copyrights, advertisements, celebrities booking these frontcourt seats, etc. I'd say they're just genius with their marketing and their management, and props to them really, can't blame them they played their cards well. It can all be attributed to the NBA going viral and global when Jordan took it to that level, that's when it all exponentially went up and now these young cats are just raking those benefits from those days. Had the NBA never took off the way it was in the 90s, these players these days would probably be paid near NHL levels too.
Some one do a chart.
Basketball, hockey, football, baseball.
Salary cap, team number of players, avg carreer, what gets you kick out (eg fouls in basketball), number of teams in the league, tv & cable contracts. How hard is it to make it to the professional level??
Basketball, hockey, football, baseball.
Salary cap, team number of players, avg carreer, what gets you kick out (eg fouls in basketball), number of teams in the league, tv & cable contracts. How hard is it to make it to the professional level??
Basic Stats for the NBA:
Salary cap 25'-26' season: 154 mil, Avg 10% increase every year
30 teams + 15 men roster = 450 players in the league
Avg NBA career is around 4 years (basically the normal length of a rookie contract)
Rookie contracts vary due to scale, the higher you are picked the more you are paid. The #1 draft pick of 2025, Cooper Flagg, will make $63 mill on a 4 year rookie deal 🤯
In 2024, the NBA signed a new TV and media rights deal valued at $75 billion over 11 years with Amazon, Disney, NBC 🤑
In terms of pay, the NBA is where you wanna be if you wanna get the highest payday. Unless you're name is Messi, Ronaldo or Mbappe...
This vid is pretty interesting. Gives an idea of what are the chances of becoming a pro in each major sports.
The odds of becoming a Delta flight attendant are extremely slim, with acceptance rates often reported to be less than 1%. This means that out of the thousands of applicants, only a small percentage are selected for the position, making it a highly competitive field. For example, in one instance, Delta received 270,000 applications for just 1,700 flight attendant positions, resulting in a 0.6% acceptance rate.
NHL- A new study shows that the chances of going from minor hockey to a steady NHL career are roughly one in 4,000; long odds indeed.
But the thing is you don't have to dedicate your life from youth to being a flight attendant.
NHL- A new study shows that the chances of going from minor hockey to a steady NHL career are roughly one in 4,000; long odds indeed.
But the thing is you don't have to dedicate your life from youth to being a flight attendant.
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