Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (2024)

Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years

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    Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (1)

    Anthony Edwards and Nikola JokićDavid Berding/Getty Images

    The NBA appears to be on the precipice of signing new national TV contracts worth more than $7 billion annually, according to Tom Friend of Sports Business Journal. That's a nearly three-fold increase over the current TV deals, which are worth $2.6 billion annually.

    Once those deals get finalized, they're poised to have a massive impact on the NBA's salary cap moving forward.

    Under the league's current collective bargaining agreement, the salary cap can increase by up to 10 percent each year. Since national TV revenue gets factored into basketball-related income (which determines the salary cap), the cap may increase by the full 10 percent each year beginning in 2025-26, which is when the new TV deals will go into effect.

    As Keith Smith of Spotrac noted Wednesday, those 10 percent annual increases would send the cap skyrocketing to more than $200 million by the 2028-29 season. Based on current projections, a max contract beginning at 35 percent of the cap that season would be a five-year, $419.1 million deal with a starting salary of $72.2 million.

    Unless the 2024-25 cap comes in higher than expected—it's currently projected to be $141 million—2028-29 is the first year that a player will be able to sign a $400 million contract. However, $300-plus million contracts could become commonplace as early as 2025-26.

    Dive in to see which players could be headed for those types of paydays in the coming years.

5. Jayson Tatum, Boston Celtics

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    Potential next contract: Five years, $314.8 million ($54.3 million starting salary)

    After making an All-NBA team for the third straight season, Boston Celtics forward Jayson Tatum is now eligible to sign a supermax extension this summer that begins at 35 percent of the 2025-26 salary cap. If he turns down his $37.1 million player option for the 2025-26 season, he can sign a five-year extension worth a projected $314.8 million in total.

    Tatum's teammate, Jaylen Brown, currently holds the record for the NBA's largest contract at five years and a projected $286.2 million. Tatum is poised to blow that record out of the water this summer by signing the NBA's first $300 million contract:

    • 2025-26: $54,285,000
    • 2026-27: $58,627,800
    • 2027-28: $62,970,600
    • 2028-29: $67,313,400
    • 2029-30: $71,656,200
    • Total: $314,835,000

    Tatum is the only player who became eligible for a supermax extension this offseason by virtue of making an All-NBA team, but a few notable players could also break the bank as free agents in 2025. If Donovan Mitchell doesn't sign a four-year, $208.5 million extension with the Cleveland Cavaliers this summer, he'll be eligible to sign a five-year, $269.9 million contract with them as a free agent next offseason. (Other teams could only offer him a four-year, $200.1 million deal.)

    Since Mitchell got traded after his rookie-scale deal expired, he won't be eligible for a 35 percent max contract even if he makes an All-NBA team next year. That isn't the case for New Orleans Pelicans forward Brandon Ingram, who did get traded while he was still on his rookie-scale deal.

    If Ingram makes an All-NBA team next year, he'll be eligible for the same five-year, $314.8 million supermax contract in 2025 that Tatum can sign this summer. Otherwise, the Pelicans can offer him the same nearly $270 million deal that the Cavaliers can offer Mitchell.

4. Luka Dončić, Dallas Mavericks

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    Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (3)

    Jesse D. Garrabrant/NBAE via Getty Images

    Potential next contract: Five years, $346.3 million ($59.7 million starting salary)

    Players with 10 or more years of NBA experience are eligible to sign contracts with a starting salary worth 35 percent of the salary cap, whereas most players with 7-9 years of NBA experience can only sign for 30 percent of the cap. There are exceptions to that rule, though, which Dallas Mavericks guard Luka Dončić is now poised to exploit next summer.

    To qualify for a supermax contract early, a player needs to win MVP or Defensive Player of the Year in any of the past three seasons, make two All-NBA teams in the past three seasons or make an All-NBA team in the most recent season. They also need at least seven years of NBA experience.

    Dončić has made five straight All-NBA teams, which guarantees him supermax eligibility even if he misses the All-NBA team next season. However, he has only six years of NBA experience, so he isn't eligible to sign a supermax extension until next offseason.

    Dončić is signed with the Mavericks through 2025-26, and he has a $49.0 million player option for the 2026-27 season. If he turns down that option, he'll be eligible to sign a five-year supermax extension with the Mavericks next offseason worth a projected $346.3 million, with a starting salary of $59.7 million in 2026-27.

    • 2026-27: $59,713,500
    • 2027-28: $64,490,580
    • 2028-29: $69,267,660
    • 2029-30: $74,044,740
    • 2030-31: $78,821,820
    • Total: $346,338,300

    Philadelphia 76ers center Joel Embiid was not eligible to make an All-NBA team this year because he fell short of the new 65-game minimum. However, he now has 10 years of NBA experience, which means he'll be eligible for the same five-year, $346.3 million supermax extension that Dončić is next summer. (Like Dončić, Embiid also has a player option for the 2026-27 season worth $59.0 million.)

3. Shai Gilgeous-Alexander, Oklahoma City Thunder

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    Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (4)

    Sam Hodde/Getty Images

    Potential next contract: Four years, $294.3 million ($65.7 million starting salary)

    Like both Jayson Tatum and Luka Dončić, Oklahoma City Thunder guard Shai Gilgeous-Alexander made the All-NBA first team Wednesday. That means he'll likewise be eligible to sign a record-setting contract extension next summer.

    Gilgeous-Alexander is signed through the 2026-27 season, and unlike Tatum and Dončić, he doesn't have a player option on the final year of his contract. That means he can only sign a four-year extension next summer worth a projected $294.3 million. The starting salary of his new deal in 2027-28 would be $65.7 million, and the final year would top out at $81.4 million, which would make him the first player in NBA history with an $80 million salary.

    • 2027-28: $65,684,850
    • 2028-29: $70,939,638
    • 2029-30: $76,194,426
    • 2030-31: $81,449,214
    • Total: $294,268,128

    If Gilgeous-Alexander waits to extend until 2026-27 and remains supermax-eligible—he'd just need to make one All-NBA team in either 2024-25 or 2025-26 to do so—he'd be able to sign a five-year contract worth nearly $381 million. He'd earn a brain-breaking $86.7 million in the final year of that supermax extension.

    The Thunder can create more than $35 million of cap spacethis offseason, according to KeithSmith of Spotrac, so they still have the flexibility to build out theirroster around Gilgeous-Alexander, Chet Holmgren and Jalen Williams. But oncethose three sign new contracts—Holmgren and Williams are only signed through2025-26—OKC will have its hands far more tied.

2. Nikola Jokić, Denver Nuggets

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    Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (5)

    David Berding/Getty Images

    Potential next contract: Five years, $419.1 million($72.3 million starting salary)

    Denver Nuggets center Nikola Jokić is fresh off winning histhird MVP in four years, and he already has nine seasons of NBA experienceunder his belt. That means he'll be eligible for a supermax extension beginningat 35 percent of the salary cap once he's up for a new deal.

    Jokić is under guaranteed contract through 2026-27, and hehas a $62.8 million player option in 2027-28. If he turned down that playeroption, he'd be eligible for the same five-year, $381 million extension thatShai Gilgeous-Alexander can potentially sign in 2026-27.

    In the unlikely event that Jokić picks up his 2027-28 playeroption, he could sign the NBA's first $400 million contract.

    • 2028-29: $72,253,335
    • 2029-30: $78,033,602
    • 2030-31: $83,813,869
    • 2031-32: $89,594,135
    • 2032-33: $95,374,402
    • Total: $419,069,343

    That could buy a whole lot of horses.

    Milwaukee Bucks forward Giannis Antetokounmpo finds himselfin the same boat as Jokić after signing a three-year extension this past fall.He's on a guaranteed contract through 2026-27 and has a projected $66.8 millionplayer option in 2027-28. If he turns down that player option, he'd be eligiblefor a five-year, $381 million extension that would begin in 2027-28, or hecould pick up his player option and sign a five-year, $419.1 million extension thatwould begin in 2028-29.

    Phoenix Suns guard Devin Booker, who is under guaranteedcontract through 2027-28, will also be eligible for the same five-year, $419.1million deal beginning in 2028-29.

1. Anthony Edwards, Minnesota Timberwolves

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    Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (6)

    David Berding/Getty Images

    Potential next contract: Five years, $461.0 million ($79.5 million starting salary)

    Minnesota Timberwolves guard Anthony Edwards just received an extra $41 million on his upcoming extension by making an All-NBA team this year. If he remains an All-NBA fixture throughout the rest of the decade, he could become the first player in NBA history to sign a contract worth more than $450 million.

    Edwards is signed through the 2028-29 season and doesn't have a player option on his new deal. If he makes an All-NBA team in 2026-27, he'd be eligible to sign a four-year extension that summer worth a projected $356.1 million. But if he waits to extend until 2027-28, he'd be eligible for a five-year extension worth a projected $461.0 million as long as he meets the supermax criteria.

    • 2029-30: $79,478,669
    • 2030-31: $85,836,962
    • 2031-32: $92,195,255
    • 2032-33: $98,553,549
    • 2033-34: $104,911,842
    • Total: $460,976,277

    Yes, you read that correctly. If the cap does increase 10 percent annually throughout the remainder of the decade, players will be able to sign contracts with a final-year salary north of $100 million by the 2029-30 season.

    In other words, Forbes needs to start making more room on its billionaires list. A number of the NBA's top stars could start forcing their way on there by the early 2030s (if not sooner).

    Unless otherwise noted, all stats via NBA.com, PBPStats, Cleaning the Glass or Basketball Reference. All salary information via Spotrac and salary-cap information via RealGM.

Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years (2024)

FAQs

Ranking the Wildest Salaries and Contracts NBA Superstars Could Get Over Next 5 Years? ›

The salary cap is a record $135.021 million for the 2023-24 NBA season. Topping the list of the season's highest salary for a third year in a row is Golden State Warriors superstar Stephen Curry.

What is the future salary in the NBA? ›

NBA salary cap projections for 2024-25 season revealed
  • Salary Cap: $141 million.
  • Minimum team salary: $127 million.
  • Tax Level: $172 million.
  • First Apron: $179 million.
  • Second Apron: $190 million.
Apr 5, 2024

Who has the highest NBA contract per year? ›

The salary cap is a record $135.021 million for the 2023-24 NBA season. Topping the list of the season's highest salary for a third year in a row is Golden State Warriors superstar Stephen Curry.

Who gets paid the most in the NBA? ›

But for now, Golden State's Steph Curry is the highest-paid player in the NBA at $51.9 million this season. Curry has held the top spot since 2021-22 and is in line to be the highest-paid player for the next two seasons. Eighteen players will earn at least $40 million this season.

What is the salary cap projection for the NBA 2024 2025? ›

By the end of the decade, $400-plus million contracts are well within the realm of possibility. The latest projection for the 2024-25 salary cap was $141 million.

Who is the highest paid NBA player in 2024? ›

NBA Player Salaries
Player2024/25
1.Stephen Curry$55,761,217
2.Kevin Durant$51,179,020
3.Nikola Jokic$51,415,938
3.LeBron James$51,415,938
52 more rows

How much can NBA contracts increase each year? ›

The new CBA stipulates a maximum 10 percent jump in the salary cap each season. That's to avoid the kind of gigantic cap spike the NBA saw in 2016. That happened because the league had a new media rights deal kick in that year and didn't smooth in the big influx of new revenue.

Who is the wealthiest NBA player of all time? ›

1. Michael Jordan, 60: US$3 billion.

Who are the four NBA billionaires? ›

Former NBA point guard Magic Johnson is now a billionaire, joining fellow NBA players Michael Jordan and LeBron James as well as golfer Tiger Woods as the only athletes to do so.

Who is the least paid NBA player? ›

Mouhamed Gyueye is currently the lowest-paid NBA player in the NBA this term. The Senegalese player was the 39th pick in the 2023 draft. Drafted by the Charlotte Hornets, he saw his rights traded to the Boston Celtics, who dealt him to the Atlanta Hawks.

Who is the richest active NBA player? ›

As of 2024, LeBron James boasts a net worth of $1 billion, a milestone achieved through astute investments, strategic partnerships, and lucrative endorsem*nt deals. His ascent to billionaire status in 2022 solidified his position as one of the wealthiest athletes in history.

Who is the highest paid NBA player ever? ›

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.

Who is the highest paid player on the Warriors? ›

Golden State Warriors 2023-24 salaries and career earnings for every player. Golden State Warriors superstar Stephen Curry is the highest-paid player in the NBA for the 2023-24 season, and the Warriors enter the year with the biggest payroll in all of basketball.

What is the lowest salary in the NBA 2024? ›

The minimum salary for players signing contracts in the 2023-2024 NBA season amounted to over 1.1 million U.S. dollars. This is the first time that the minimum salary has exceeded the one million dollar mark, with the minimum salary in the 2021-2022 season estimated at just over 925 thousand U.S. dollars.

Are the bulls over the cap? ›

2024 Salary Cap

LaVine, Caruso and Vučević are all under contract for the 2024-25 season. This leaves Chicago facing a projected $71.6 million practical cap deficit. However, the Bulls are projected to be $41.4 million below the luxury tax threshold and $57.2 million below the second apron.

Are NBA salaries capped? ›

That's assuming a salary cap of $141 million next season, as the league currently projects, and then 10 percent cap-raises after that. Under that forecast, the salary cap would hit more than $302 million, which would allow a number of players to cross the $100 million threshold.

What is the estimated average salary in the NBA? ›

The NBA and WNBA are the two top leagues for basketball in the United States for men and women, respectively. In the NBA, players took home an average annual salary of over 10 million U.S. dollars for the 2023/24 season, with the league's minimum salary set at 1.12 million U.S. dollars that year.

What is the lowest NBA salary? ›

The minimum salary for players signing contracts in the 2023-2024 NBA season amounted to over 1.1 million U.S. dollars. This is the first time that the minimum salary has exceeded the one million dollar mark, with the minimum salary in the 2021-2022 season estimated at just over 925 thousand U.S. dollars.

What is the NBA salary limit? ›

Breaking Down the NBA's $141m 2024-25 Salary Cap Projection
Level2023-242024-25
Salary Cap$136,021,000$141,000,000
Luxury Tax$165,294,000$171,315,000
First Apron$172,346,000$178,655,000
Second Apron$182,794,000$189,485,000
2 more rows
May 12, 2024

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