Michael Jordan, who earned $33,140,000 in the 1997–98 NBA season, attempts a slam dunk at the old Boston Garden.

The highest-paid NBA players by season has recently eclipsed $40 million. Wilt Chamberlain has the most seasons leading the league with 8. Michael Jordan holds the largest 1 year contract in NBA history, LeBron James is the highest career earner and Stephen Curry is the highest season earner and is also the largest multi-year contract holder in NBA history.

During the 1946-47 season Joe Fulks was the highest paid player ($8,000) in the Basketball Association of America and Bob Davies was the highest paid player ($12,500) of the National Basketball League.

George Mikan became the first player to earn $15,000 per season in the 1948-49 season.

Wilt Chamberlain was the first player to receive $100,000 in the 1965-66 season. The next day, Bill Russell demanded that he receive $100,001 and it was granted that same season.

Moses Malone & Bill Walton were the first players to earn $1 Million in a season, they were paid exactly $1,000,000 in the 1979-80 season.

Larry Bird became the first player to earn $5 million or more with a salary of $7,070,000 in the 1991-92 season.

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.

Michael Jordan was the first NBA player to sign a contract worth over $20 million and in fact it exceeded $30 million as well in a season (1996-97) and (1997-98) where he earned $33,140,000, both are the largest 1 year contracts in NBA history; this was a record he had held for more than 30 years, until Stephen Curry broke his record with $34,682,550 in the 2017-18 season. Kobe Bryant became just the second player to reach $30 million when the 2013–14 season began.[1] LeBron James became the third in the 2016–17 season.

Stephen Curry became the first player to eclipse $40 million per year when he signed a record 5-year contract worth $201 million in 2017, starting with $34,682,550 in the 2017-18 season and ending with the largest earnings in the 2021-22 season with a record payout of $45,780,966, If his contract continues Curry is expected to be the first player to eclipse $50 million in the (2023-24) season.

Damian Lillard will reportedly be the first NBA player to eclipse $60 million in the 2026-27 season, he reportedly signed a contract worth $63,228,828.

Beginning in the 1984–85 NBA season, the NBA's first salary cap was introduced. The NBA salary cap is the maximum dollar amount each NBA team can spend on its players for the season. However, the NBA uses a "soft" salary cap, which means that significant "salary exceptions" allow NBA teams to exceed their allotted amount in order to sign players. The salary cap is determined during the offseason, but as stated earlier, it is liable to change.[2]

An exception is necessary to sign a player for a contract that would exceed the salary cap threshold of the "soft cap". The Larry Bird exception, more commonly known as Bird Rights, allows teams to re-sign a current player only if he has played for that particular team for a minimum of three years.[3] Another exception, known as the mid-level exception, allows for teams that are over the salary cap to sign one or more players as long as they do not exceed the total amount of the average NBA salary.[4] Next, the bi-annual exception can be used by teams every other year to sign a free agent(s) for up to two years at an amount set by the NBA.[5] Finally, the rookie player exception allows any NBA team to sign their first-round draft pick to a contract based upon a scale previously set forth by the NBA. Another option for teams would be to assign players to a league-assigned minimum salary contract for a maximum of two years.

According to 2010–11 NBA season game performance, the league's best players were not its highest-paid players. Each year there are ten players selected to one of the two All-NBA Teams. Out of those ten players chosen that year, Kobe Bryant was the only player that was also among the game's ten highest-paid during the 2010–11 NBA season.[6]

Highest-paid player by season

Year Player Team Salary
1946–47 Joe Fulks Philadelphia Warriors $8,000
1947–48 George Mikan Minneapolis Lakers $12,500
1948–49 George Mikan Minneapolis Lakers $15,000
1949–50 $15,000
1950–51 George Mikan

Harry Boykoff

 Minneapolis Lakers

Tri-Cities Blackhawks

 $15,000
1951–52 George Mikan Minneapolis Lakers $15,000
1952–53 George Mikan Minneapolis Lakers $20,000
1953–54 $20,000
1955–56 Bob Cousy Boston Celtics $25,000
1956–57 $25,000
1957–58 $25,000
1958–59 $25,000
1959–60 Wilt Chamberlain Philadelphia 76ers $30,000
1960–61 Wilt Chamberlain Philadelphia 76ers $65,000
1961–62 $65,000
1962–63 $65,000
1963–64 $65,000
1964–65 $65,000
1965–66* Bill Russell Boston Celtics $100,001
1966–67 $100,001
1967–68 Bill Bradley New York Knicks $125,000
1968–69 Wilt Chamberlain Los Angeles Lakers $250,000
1969–70 Wilt Chamberlain

Kareem Abdul-Jabbar

 Los Angeles Lakers

Milwaukee Bucks

 $250,000
1970–71 Pete Maravich Atlanta Hawks $380,000
1971–72 $380,000
1972–73 $380,000
1973–74 Ernie DiGregorio Buffalo Braves $500,000
1974–75 Ernie DiGregorio

Kareem Abdul-Jabbar

 Buffalo Braves

Milwaukee Bucks

 $500,000
1975–76 Kareem Abdul-Jabbar Los Angeles Lakers $650,000
1976–77 $650,000
1977–78 $650,000
1978–79 David Thompson Denver Nuggets $800,000
1979–80 Moses Malone

Bill Walton

 Philadelphia 76ers

San Diego Clippers

 $1,000,000
1980–81 Julius Erving

Moses Malone

Bill Walton

Kareem Abdul-Jabbar

 Philadelphia 76ers

Philadelphia 76ers

San Diego Clippers

Los Angeles Lakers

 $1,000,000
1981–82 Otis Birdsong

Julius Erving

Moses Malone

Bill Walton

Kareem Abdul-Jabbar

 New Jersey Nets

Philadelphia 76ers

Philadelphia 76ers

San Diego Clippers

Los Angeles Lakers

 $1,000,000
1982–83 Moses Malone Philadelphia 76ers $2,200,000
1983–84 $2,200,000
1984–85 Magic Johnson Los Angeles Lakers $2,500,000
1985–86 $2,500,000
1986–87 $2,500,000
1987–88 Patrick Ewing New York Knicks $2,750,000
1988–89 $3,250,000
1989–90 $3,750,000
1990–91 $4,250,000
1991–92 Larry Bird Boston Celtics $7,070,000
1992–93 David Robinson San Antonio Spurs $5,720,000
1993–94 $5,740,000
1994–95 Magic Johnson Los Angeles Lakers $14,660,000
1995–96 Patrick Ewing New York Knicks $18,724,000
1996–97 Michael Jordan Chicago Bulls $30,140,000
1997–98 $33,140,000
1998–99 Patrick Ewing New York Knicks $18,500,000
1999–2000 Shaquille O'Neal Los Angeles Lakers $17,142,000
2000–01 Kevin Garnett Minnesota Timberwolves $19,600,000
2001–02 $22,400,000
2002–03 $25,200,000
2003–04 $28,000,000
2004–05 Shaquille O'Neal Miami Heat $27,696,430
2005–06 $20,000,000
2006–07 Kevin Garnett Minnesota Timberwolves $21,000,000
2007–08 Boston Celtics $23,751,934
2008–09 $24,751,934
2009–10 Kobe Bryant Los Angeles Lakers $23,034,375
2010–11 $24,806,250
2011–12 $25,244,493
2012–13 $30,453,805
2013–14 $30,453,805
2014–15 $23,500,000
2015–16 $25,000,000
2016–17 LeBron James Cleveland Cavaliers $30,963,450
2017–18 Stephen Curry Golden State Warriors $34,682,550
2018–19 $37,457,154
2019–20 $40,231,758
2020–21 $43,006,362
2021–22 $45,780,966
2022–23 $48,070,014
Upcoming Seasons (including Player Options)
2023–24 Stephen Curry Golden State Warriors $51,915,615
2024–25 $55,761,216
2025–26 $59,606,817
2026–27 Damian Lillard Milwaukee Bucks $63,228,828
2027–28 Giannis Antetokounmpo

Anthony Davis

 Milwaukee Bucks

Los Angeles Lakers

 $63,417,200
2028–29 Jaylen Brown Boston Celtics $65,604,000

Highest career earners

Rank Player Start End Salary
1 LeBron James 2003–04 Present $390,511,590
2 Chris Paul 2005–06 Present $362,107,923
3 Kevin Durant 2007–08 Present $351,505,713
4 Kevin Garnett 1995–96 2015–16 $334,304,240
5 Kobe Bryant 1996–97 2015–16 $323,312,307
6 Stephen Curry 2009-10 Present $305,929,066
7 James Harden 2009–10 Present $304,996,502
8 Russell Westbrook 2008–09 Present $291,976,692
9 Shaquille O'Neal 1992–93 2010–11 $286,344,668
10 Carmelo Anthony 2003–04 2021–22 $266,350,839
Updated through 2022–23 NBA season
Rank Player Start End Salary
1 LeBron James 2003–04 Present $429,519,302
2 Paul George 2010–11 Present $354,120,076
3 Kevin Durant 2007–08 Present $350,101,596
4 Chris Paul 2005–06 Present $344,120,565
5 Russell Westbrook 2008–09 Present $335,645,148
6 Giannis Antetokounmpo 2013–14 Present $335,200,796
7 Damian Lillard 2012–13 Present $328,136,432
8 James Harden 2009–10 Present $304,996,502
9 Anthony Davis 2012–13 Present $309,827,834
10 Rudy Gobert 2013–14 Present $307,690,342
Updated through end of All Current Contracts, as of 2021-22

2020s

2010s

2016–2017

LeBron James became the third player to sign a contract worth over thirty million dollars in a season, after Michael Jordan and Kobe Bryant.
Player[14]SalaryTeam
LeBron James$30,963,450Cleveland Cavaliers
Al Horford$26,540,100Boston Celtics
DeMar DeRozan$26,540,100Toronto Raptors
James Harden$26,540,100Houston Rockets
Kevin Durant$26,540,100Golden State Warriors
Russell Westbrook$26,540,100Oklahoma City Thunder
Mike Conley Jr.$26,540,100Memphis Grizzlies
Dirk Nowitzki$25,000,000Dallas Mavericks
Carmelo Anthony$24,559,380New York Knicks
Damian Lillard$24,328,425Portland Trail Blazers

2015–2016

Kobe Bryant, who spent his entire 20-year career in a Los Angeles Lakers uniform, was the highest-paid player in the league from the 2009–10 until his retirement at the conclusion of the 2015–16 season.
Player[15]SalaryTeam
Kobe Bryant$25,000,000Los Angeles Lakers
LeBron James$22,970,500Cleveland Cavaliers
Carmelo Anthony$22,875,000New York Knicks
Dwight Howard$22,359,364Houston Rockets
Chris Bosh$22,192,730Miami Heat
Chris Paul$21,468,695Los Angeles Clippers
Kevin Durant$20,158,622Oklahoma City Thunder
Derrick Rose$20,093,064Chicago Bulls
Dwyane Wade$20,000,000Miami Heat
LaMarcus Aldridge$19,689,000San Antonio Spurs

2000s

2008–2009

Kevin Garnett was the highest-paid player during the 2008–09, 2007–08, and 2006–07 seasons; he relinquished that position to Shaquille O'Neal for two seasons, but was also the highest-paid player during the 2003–04, 2002–03, 2001–02, and 2000–01 seasons.
Player[22]SalaryTeam
Kevin Garnett$24,751,934Boston Celtics
Jason Kidd$21,372,000Dallas Mavericks
Jermaine O'Neal$21,372,000Toronto Raptors
Kobe Bryant$21,262,500Los Angeles Lakers
Shaquille O'Neal$21,000,000Phoenix Suns
Allen Iverson$20,840,625Detroit Pistons
Stephon Marbury$20,840,625Boston Celtics
Tim Duncan$20,598,704San Antonio Spurs
Tracy McGrady$20,370,437Houston Rockets
Ray Allen$18,388,430Boston Celtics

2007–2008

Player[24]SalaryTeam
Kevin Garnett$23,751,934Boston Celtics
Shaquille O'Neal$21,000,000Phoenix Suns
Jason Kidd$19,728,000New Jersey Nets
Jermaine O'Neal$19,728,000Indiana Pacers
Kobe Bryant$19,490,625Los Angeles Lakers
Tim Duncan$19,014,188San Antonio Spurs
Allen Iverson$19,012,500Denver Nuggets
Stephon Marbury$19,012,500New York Knicks
Tracy McGrady$18,257,750Houston Rockets
Baron Davis$16,440,000Golden State Warriors

1990s

1998–1999

See also

References

  1. ↑ "Kobe Bryant to Become NBA's Second Ever $30-Million Player". aolnews.com. Archived from the original on 2011-09-19.
  2. ↑ "NBA Salary Cap History". insidehoops.com.
  3. ↑ "NBA Salary Cap Explained". about.com.
  4. ↑ "Mid Level Exception". sportscity.com. Archived from the original on 2011-11-05. Retrieved 2011-11-09.
  5. ↑ "Bi-annual Exception". sportscity.com. Archived from the original on 2011-11-05. Retrieved 2011-11-09.
  6. ↑ Badenhausen, Kurt (2010-11-04). "The NBA's Highest-Paid Players". Forbes.
  7. ↑ "2023/24 NBA Salary Rankings". Retrieved 2023-10-21.
  8. ↑ "2022/23 NBA Salary Rankings". Retrieved 2022-07-18.
  9. ↑ "2021/22 NBA Salary Rankings". Retrieved 2021-08-15.
  10. ↑ "2020/21 NBA Salary Rankings". Retrieved 2020-12-03.
  11. ↑ "2019/20 NBA Salary Rankings". Retrieved 2019-07-14.
  12. ↑ "2018/19 NBA Player Salaries". Retrieved 2018-09-09.
  13. ↑ "2017/18 NBA Player Salaries". Retrieved 2018-09-09.
  14. ↑ "The NBA's 25 highest-paid players for the 2016-17 season". Foxsports.com. Retrieved 2017-06-23.
  15. ↑ "NBA Player Salaries - 2015-2016". ESPN. Retrieved 2015-10-30.
  16. ↑ "NBA Player Salaries - 2014-2015". ESPN. Retrieved 2015-01-17.
  17. ↑ "NBA Player Salaries - 2013-2014". ESPN. Retrieved 2014-02-01.
  18. ↑ "NBA Player Salaries - 2012-2013". ESPN. Retrieved 2013-09-16.
  19. ↑ "NBA Player Salaries - 2011-2012". ESPN. Retrieved 2013-09-16.
  20. ↑ "NBA Player Salaries - 2010-2011". ESPN (go.com). Retrieved 2013-09-16.
  21. ↑ "NBA Player Salaries - 2009-2010". ESPN (go.com). Retrieved 2013-09-16.
  22. ↑ "NBA Player Salaries - 2008-2009". ESPN (go.com). Retrieved 2014-02-01.
  23. "NBA Salaries". Insidehoops.com. Retrieved 2011-11-30.
  24. ↑ "NBA Player Salaries - 2007-2008". ESPN (go.com). Retrieved 2014-02-01.
  25. ↑ "NBA Player Salaries - 2006-2007". ESPN (go.com). Retrieved 2014-02-01.
  26. ↑ "2005-2006 salaries". eskimo.com. Retrieved June 12, 2018.
  27. ↑ "2004-2005 NBA salaries". eskimo.com. Retrieved June 12, 2018.
  28. ↑ "NBA Player Salaries - 2003-2004". ESPN (go.com). Retrieved 2014-02-01.
  29. ↑ "NBA Player Salaries - 2002-2003". ESPN (go.com). Retrieved 2014-02-01.
  30. ↑ "NBA Player Salaries - 2001-2002". ESPN (go.com). Retrieved 2014-02-01.
  31. ↑ "NBA Player Salaries - 2000-2001". ESPN (go.com). Retrieved 2014-02-01.
  32. ↑ "NBA Player Salaries - 1999-2000". ESPN (go.com). Retrieved 2014-02-01.
  33. ↑ "NBA Player Salaries - 1998-1999". Eskimo.com. Retrieved July 29, 2018.
  34. ↑ "NBA Player Salaries - 1997-1998". Eskimo.com. Retrieved July 29, 2018.
  35. ↑ "NBA Player Salaries - 1996-1997". Eskimo.com. Retrieved July 29, 2018.
  36. ↑ "NBA Player Salaries - 1995-1996". Eskimo.com. Retrieved July 29, 2018.
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