Now that the NBA has set its salary cap for the 2019/20 league year at $109,140,000, we have a clear idea of what maximum-salary contracts will look like for the coming season.
While these numbers can probably soon be applied to contracts for free agents like Kevin Durant, Kawhi Leonard, Kyrie Irving, Kemba Walker, and others, they’re also relevant for players who signed maximum-salary extensions that will go into effect in ’19/20, such as Karl-Anthony Towns, Devin Booker, John Wall, and James Harden.
Listed below are the maximum-salary contracts for players signing contracts that start in 2019/20. The first chart shows the maximum salaries for a player re-signing with his own team — a player’s previous team can offer five years instead of four, and 8% annual raises instead of 5% raises. The second chart shows the maximum salaries for a player signing with a new team.
A player’s maximum salary is generally determined by his years of NBA experience, so there’s a wide gap between potential earnings for younger and older players. In the charts below, the “6 years or less” column details the maximum contracts for players like Booker and Towns; the “7-9 years” column applies to free agents like Leonard and Irving; and the “10+ years” column applies to vets like Durant or super-max players like Wall and Harden.
Here are the maximum salary figures for 2019/20:
A player re-signing with his own team (8% annual raises, up to five years):
Year | 6 years or less | 7-9 years | 10+ years |
---|---|---|---|
2019/20 | $27,285,000 | $32,742,000 | $38,199,000 |
2020/21 | $29,467,800 | $35,361,360 | $41,254,920 |
2021/22 | $31,650,600 | $37,980,720 | $44,310,840 |
2022/23 | $33,833,400 | $40,600,080 | $47,366,760 |
2023/24 | $36,016,200 | $43,219,440 | $50,422,680 |
Total | $158,253,000 | $189,903,600 | $221,554,200 |
A player signing with a new team (5% annual raises, up to four years):
Year | 6 years or less | 7-9 years | 10+ years |
---|---|---|---|
2019/20 | $27,285,000 | $32,742,000 | $38,199,000 |
2020/21 | $28,649,250 | $34,379,100 | $40,108,950 |
2021/22 | $30,013,500 | $36,016,200 | $42,018,900 |
2022/23 | $31,377,750 | $37,653,300 | $43,928,850 |
Total | $117,325,500 | $140,790,600 | $164,255,700 |
I noticed the four players listed at the beginning of this article all had something in common … their first names started with a “K”. That should tell parents of future kids what to name them or … if your kid plays basketball now, take them to your local county courthouse and change their first name with one that begins with a “K”
Stoner science.
Did you ever notice it was called basketball but it should be called netball?
Goes back to Kevin Garnett and Kobe Bryant as well.
I don’t believe it means anything at all, but there are a lot of great “K” players in the NBA.
Kareem, Kevin McHale, Karl Malone, many more
It’s insane the we’ve come to the point where an NBA player can earn $50 mil a year. Not saying they may not be worth it but Wow.
Think about what that means the ownership is making…this is a very profitable league, and until that changes, players will get roughly half paid out to them in salary.
And they’re capped at 50, which means some are actually worth even more.