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Davis NBA’s First $60 Million Man

Anthony Davis, Jaylen Brown contract with an annual average of 80 billion won

The NBA has a smaller roster than MLB, but the same income.

‘Sales per player’ is much higher, so there are many high-income earners

Anthony Davis (30) becomes the ’60 Million Dollar Man’.

 On the 5th, he signed an extension contract with his team, the Los Angeles Lakers, on the condition of receiving up to 186 million dollars (approximately 243.3 billion won) for 3 years.안전놀이터

This contract is effective from the 2025-2026 season. Based on the average annual salary (62 million dollars, about 81.1 billion won)

it is the highest ever in the NBA (US professional basketball).

 Last month, the Boston Celtics surpassed the average annual salary ($60.746 million, approximately 79.455 billion won)

given to shooting guard and small forward Jaylen Brown (196 cm) every five years from the 2024-2025 season.

 Brown set a record as the first player to exceed the contract size of $300 million ($303.73 million, approximately 397.3 billion won).

who wore a New Orleans uniform with the first pick in the 2012 rookie draft, was traded to the Lakers in June 2019.

 He is the league’s top big man, averaging 24 points (10.4 rebounds, 2.4 assists, 2.3 blocks, 1.3 steals) over 11 seasons.

 He will receive $40.6 million for the 2023-2024 season and $43.22 million for the 2024-2025 season. 

The cumulative salary he will receive from his debut season to the 2027-2028 season when his new contract ends is $497.5 million (approximately 650.7 billion won).

Davis and Brown are significant in that they will be the players who open the era of $60 million per year in the NBA.

 60 million dollars (approximately 78.5 billion won) is more than the salaries of the Baltimore Orioles and Oakland Athletics for a year as of the opening day of this year’s MLB (American Professional Baseball). 

The Orioles rank 29th out of 30 major league teams ($60.72 million) in salary, and the Athletics rank 30th ($56.89 million), making them representative ‘small market’ clubs.

 It is incomparable to the New York Mets ($353.54 million), which is the number one player salary.

The highest annual salaries in the major leagues this year are Justin Verlander (Houston Astros) and Max Scherzer (Texas Rangers, ideal pitcher), with the same amount of $43.33 million.

 Aaron Judge (New York Yankees), the home run king last year, receives 40 million dollars (third place).

By comparison, the salaries of NBA stars are much higher. The highest salary for the 2023-2024 season is Stephen Curry of the Golden State Warriors, at $51,915,615.

 There are also 18 high-income earners of more than $40 million, including Curry.

There’s a reason the NBA has so many per capita salaries. In the 2021-2022 season, the NBA’s average team income was $334 million, and the MLB’s average team income in the 2022 season was $360 million.

 There is no difference in income, but the number of players per team is much lower in the NBA (15 players) than in MLB (40 players).

 This is a good structure for the NBA to increase ‘labor cost per person’.

MLB only has a ‘luxury tax’ system without a salary cap (upper team salary), while the NBA has a team salary upper limit ($ 136.02 million) as well as a lower limit ($ 122.41 million, 2023-2024 season ) is determined.

 Of course, even in the NBA, there are clubs that increase player salaries by paying high luxury taxes, but the wage gap between teams is relatively small compared to MLB.

 Rich clubs and poor clubs are similar in level of player salaries.

In the case of the Golden State Warriors, the total team salary for the 2023-2024 season exceeds $200 million, ranking first among 30 teams. 

The Warriors have to endure a ‘weighted penalty’ because they have paid the luxury tax for the past several years. 

The luxury tax next season is expected to be around $190 million.

 It has to spend about 400 million dollars a season, including annual salary and luxury tax, but the club’s finances are so solid that there is no problem. 

The Warriors earned $765 million (1st place) in 2022 from sponsorships, tickets and merchandise sales.

 It is predicted that annual revenues will soon exceed 1 billion dollars. In the current American professional sports business, the NBA is ‘real’.

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