NBA- National Basketball Association is a lucrative sport, recognized worldwide. Players come into the league mostly through the draft process or through the NBA G League. There are thirty teams broken up into conferences, 29 of them in the United States and 1 in Canada. Check NBA Prize Money 2022: How Much Do NBA Winners Get?
NBA 2022 finished its play-in tournament between April 12 and 15. Meanwhile, the playoffs began on April 16 followed by the conference finals on May 17. The NBA finals will run from June 2 to June 19, after which we will have a new champions. Check out the details for prize money and winners for NBA 2022.
NBA 2022 Prize Money: How Much Do NBA Winners Get?
Unlike most sports, the NBA does not have a fixed prize money. However, they draw a winners purse included in the prize pool. The teams who make it to the playoffs win bonus fees from this on a pro rated basis.
For the 2020-21 season, the pool was reported to be $25 Million. In the 2021-22 season, the prize pool is believed to be $27.5 million.
NBA 2022 Prize breakdown
Stage
Prize money
Playoffs 1st round participants (each)
$328,333
Conference semi-finalists (each)
$390,675
Conference finalists (each)
$645,587
Runners-up
$2,581,642
Champions
$3,896,000
All playoff teams in the first round will receiver close to $328,333 each
Teams who made it to the Conference semi-finals will receive close to $390,675 each
The four teams who made the Conference finals will receive about $645,587 each
The losing team in the NBA Finals will receive $2,581,642
Stephen Curry of the Golden State Warriors is the highest paid NBA player in 2022. He makes a salary of $45,780,966 or just over 45.78 million dollars. He is followed by James Harden, who makes $44,310,840 or just over 44 million dollars. Almost all the top 10 highest paid NBA players in 2022 earn a salary of $39 million or more. The next tier of players, starting with Klay Thompson at 11th, earn under the ceiling of $37.9 million.
Player
Salary
Stephen Curry, PG
$45,780,966
James Harden, SG
$44,310,840
John Wall, PG
$44,310,840
Russell Westbrook, PG
$44,211,146
Kevin Durant, PF
$42,018,900
LeBron James, SF
$41,180,544
Giannis Antetokounmpo, PF
$39,344,970
Damian Lillard, PG
$39,344,900
Kawhi Leonard, SF
$39,344,900
Paul George, SG
$39,344,900
Who is the Highest Paid NBA Player of all time?
LeBron James is an American professional basketball player for the Los Angeles Lakers in NBA. Widely considered one of the best NBA players in history, James is frequently compared to Michael Jordan in debates over the greatest basketball player ever. He also won the 2020 championship and awarded as the NBA’s Most Valuable Player for the fourth time. LeBron James ranks the highest-paid player in the NBA’s history with total earnings of $343,863,770.