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Giannis Antetokounmpo’s earnings and the NBA’s top earners for the 2023-24 season

Giannis Antetokounmpo, the star power forward for the Milwaukee Bucks, is among the highest-paid players in the NBA for the 2023-24 season, earning $45.64 million.

This impressive salary is part of a five-year contract extension he signed in December 2020, worth a total of $228.2 million. His salary is set to increase each year, with a notable jump to $48.8 million for the 2024-25 season.

Top 10 Highest-Paid NBA Players for 2023-24
  1. Stephen Curry (Golden State Warriors, Point Guard) – $51,915,615 Stephen Curry, known for his exceptional shooting skills, tops the list with a salary of $51.9 million. His four-year contract extension signed in 2021 is worth $215 million, reflecting his superstar status and significant impact on the league.
  2. Kevin Durant (Phoenix Suns, Power Forward) – $47,649,433 Kevin Durant’s salary for the 2023-24 season stands at $47.6 million, following his move to the Phoenix Suns. Durant’s earning power is a testament to his elite skills and veteran presence on the court.
  3. LeBron James (Los Angeles Lakers, Small Forward) – $47,607,350 LeBron James, one of the most marketable athletes globally, earns $47.6 million from his salary alone. Including endorsements, his total earnings for the season are estimated at $117.6 million, making him the top earner overall.
  4. Nikola Jokic (Denver Nuggets, Center) – $47,607,350 Nikola Jokic, the reigning NBA MVP, earns $47.6 million this season. His contract extension with the Denver Nuggets, signed in 2022, ensures his place among the league’s financial elite.
  5. Joel Embiid (Philadelphia 76ers, Center) – $46,900,000 Joel Embiid’s salary for the 2023-24 season is $46.9 million. The Philadelphia 76ers’ star center continues to be one of the highest-paid players, reflecting his dominant performances and value to the team.
  6. Bradley Beal (Phoenix Suns, Shooting Guard) – $46,741,590 Bradley Beal, now with the Phoenix Suns, earns $46.7 million this season. His multi-year deal ensures his spot among the top earners in the league.
  7. Giannis Antetokounmpo (Milwaukee Bucks, Power Forward) – $45,640,084 Giannis Antetokounmpo’s $45.64 million salary for the 2023-24 season places him seventh on the list. His contract extension highlights his importance to the Bucks and his status as one of the league’s premier players.
  8. Damian Lillard (Milwaukee Bucks, Point Guard) – $45,640,084 Recently traded to the Milwaukee Bucks, Damian Lillard’s salary matches that of Antetokounmpo at $45.64 million. His contract with the Portland Trail Blazers included a significant extension, ensuring his high earnings.
  9. Kawhi Leonard (LA Clippers, Small Forward) – $45,640,084 Kawhi Leonard earns $45.64 million for the 2023-24 season with the LA Clippers. His three-year contract extension signed in 2021 guarantees substantial yearly earnings.
  10. Paul George (LA Clippers, Forward) – $45,640,084 Paul George also earns $45.64 million this season, thanks to a lucrative four-year contract signed with the Clippers in 2020. His consistent performance keeps him among the top earners.

NBA Salary Insights

  • Average NBA Salary: The average salary for an NBA player in the 2023-24 season is around $8.6 million. This figure varies significantly depending on a player’s experience, star power, and position.
  • Highest NBA Salary: Stephen Curry is the highest-paid NBA player for the 2023-24 season, with an on-court salary of $51.9 million.
  • Minimum NBA Salary: For the first time, the NBA minimum salary for the 2023-24 season surpassed $1.1 million.
  • Current NBA Salary Cap: The salary cap for the 2023-24 season is set at $136 million, allowing teams a set amount to spend on player salaries. This “soft cap” system includes exceptions that permit teams to exceed the cap under certain conditions, subjecting them to a luxury tax.
  • Future Projections: The NBA salary cap is projected to increase for the 2024-25 season to approximately $141 million, a 3.6% rise from the current season.

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