Revealed: Are NBA Players Paid More than NFL Players?
Know which players are given the highest salary and amount of money between NBA players and NFL players. Check out the latest updates.
Image Credit: twitter.com/@KingJames
It’s no secret that NBA players make astronomical salaries. The wage cap for the NBA has increased significantly since then. With a luxury-tax threshold of $136.6 million, it is currently set at $112.4 million. But which league earns more money, the NFL or the NBA?
- NBA athletes make more money than NFL athletes.
- NBA players with the highest salaries
- Value of a football franchise higher than a basketball one
NFL vs. NBA wage comparison
NBA athletes make more money than NFL athletes. According to a Forbes article, over 35 players are anticipated to earn more than $28 million in annual compensation this season, excluding escrow payments. These numbers much exceed those of the NFL. In addition, the top 10 NBA earners are predicted to earn roughly $714 million in the 2021–2022 season, an increase of 28% and 19% from the 2020–2021 season.
Who receives the biggest NBA salary?
The highest-paid NBA player is LeBron James, who is anticipated to make more than $111.2 million this year. LeBron James is the fifth active athlete to reach the three-comma mark with lifetime earnings of over $1 billion. His long-time nemesis Steph Curry is just behind him. In recent years, the superstar’s wealth has greatly risen. The Golden State Warriors star player has various collaborations and endorsement contracts to boost his earnings, particularly this season. This season demonstrates how absurd NBA player salaries are.
NBA players with the highest salaries:
- LeBron James ($111.2 million; Los Angeles Lakers)
Unsurprisingly, King James sits at the top of this league’s highest earners list. He is advancing towards becoming one of the club’s billionaires. He made an astonishing $70 million off the field, with his contract with Nike alone paying almost $32 million annually. That sum and his $41.2 million yearly pay are enough to place him on the list of NBA players with the highest earnings.
- Steph Curry ($92.8 million; Golden State Warriors)
Steph Curry, a master of the 3-point shot, is the second highest-paid NBA player this season. During this time, the Warriors’ star has made an astounding $92.8 million in addition to an incredible $47 million off the court. Curry’s announcement of his Under Armour-supported Curry Brand was his most notable accomplishment. The new company is estimated to be worth $20 million.
He made a $37 million investment into an esports franchise with his teammate Andre Iguodala. Given his remarks that he wasn’t keen on investing in gambling, that is surprising. Given the speed at which the online casino sector in the UK is growing, he couldn’t pass up this rich chance. Even so, we think he’s just attempting to distance himself from gambling while still playing.
- Brooklyn Nets’ Kevin Durant ($87.9 million)
Even if Kevin Durant’s contract is enormous as it is, his earnings are expected to soar by the conclusion of 2020. He contributed $1 million to a startup meal delivery company in 2016. Uber, a titan of the internet industry, quickly acquired Postmates for $2.65 billion.
Durant transformed his $1 million into $15 million after the buyout. Durant has also invested in over 80 businesses, such as Robinhood and Acorns, Sleeper, and Mercury. Nevertheless, he claimed he isn’t particularly interested in investing in gambling apps or cryptocurrency.
- Giannis Antekounmpo of the Milwaukee Bucks, $80.2 million
Giannis Antekounmpo received the richest contract in the history of the NBA in December 2020, agreeing to a five-year agreement worth $228 million. The Greek Freak is one of the youngest NBA players on this list at 26 years old. In the upcoming years, his value is anticipated to continue increasing.
- Russell Westbrook ($74.2), Los Angeles Lakers
Westbrook signed a contract with Nike in 2019 and earned more than $54 million. To boost his revenues further, the athlete has teamed with ten car dealers in Southern California. Westbrook takes pleasure in playing poker and making wise financial decisions. Did you know that in the first half of the current NBA season, Westbrook was the player who brought in the most money for sports bettors?
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