Business

What's the minimum NBA salary?

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A rookie with a minimum salary contract stands to make $525,093 in 2015-16.

The effective minimum wage in the United States is $7.25. In order to earn $525,093, a person making the minimum wage would have to work 72,426 hours straight. That’s eight years and 71 days at it non-stop.

So yes, it’s a nice time to be a good at basketball.

Now here are all the numbers you were looking for:

Years in NBA 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
0 $525,093 $543,471 $562,493 $582,180 $602,557 $623,646
1 $845,059 $874,636 $905,249 $936,932 $969,725 $1,003,665
2 $947,276 $980,431 $1,014,746 $1,050,262 $1,087,021 $1,125,067
3 $981,348 $1,015,696 $1,051,245 $1,088,038 $1,126,120 $1,165,534
4 $1,015,421 $1,050,961 $1,087,745 $1,125,816 $1,165,220 $1,206,002
5 $1,100,602 $1,139,123 $1,178,992 $1,220,257 $1,262,966 $1,307,170
6 $1,185,784 $1,227,286 $1,270,241 $1,314,700 $1,360,714 $1,408,339
7 $1,270,964 $1,315,448 $1,361,489 $1,409,141 $1,458,461 $1,509,507
8 $1,356,146 $1,403,611 $1,452,738 $1,503,583 $1,556,209 $1,610,676
9 $1,362,897 $1,410,598 $1,459,969 $1,511,068 $1,563,956 $1,618,694
10+ $1,499,187 $1,551,659 $1,605,967 $1,662,176 $1,720,352 $1,780,564

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