Starting from the 15-16 season, the salary cap of the NBA league has increased, and various huge contracts worth hundreds of millions have emerged one after another, which has greatly refreshed the eyes of fans and viewers. Just like after the 15-16 season, the Pistons renewed center Drummond's contract with US$130 million in five years, the Hornets renewed small forward Batum's contract with US$120 million in five years, and the Wizards signed a second contract with US$128 million in five years. Home bill. The Raptors renewed DeMar DeRozan with a five-year, $140 million contract; the Grizzlies renewed starting point guard Conley with a five-year contract of $153 million, which was the largest contract in NBA history at the time. He averaged only 15.3 points and 6.1 assists per game in the 15-16 season.
Revealing the NBA: A multi-billion dollar contract with a high tax rate of almost 50%. How much is left? Then Curry has a five-year contract of 201 million, James has a three-year contract of 100 million, Hayward has a four-year contract of 128 million, Harden has a six-year contract of 228 million, and Lillard has a five-year contract of 247 million. Behind these huge contracts, the statistics of star players have skyrocketed due to the arrival of the small ball era, and they have reaped the dividends of the era. In addition, league ticket revenue has increased, which is also a reflection of the increased purchasing power of fans and the rapid development of the entire world economy. Affected by the COVID-19 epidemic, the NBA's basketball-related income (BRI) dropped significantly in the past 2019-2020 season (the total revenue before the start of the season was expected to be US$8 billion, and the actual total revenue was US$6.865 billion). Although the NBA paid a huge price (about 180 million U.S. dollars) to restart the season at Disneyland in Orlando and encountered setbacks (players' strike),
NBA Labor Agreement: After making money, how are players and owners divided? From the perspective of the external environment alone, the 2019-2020 season is not representative. Its actual income and expected income have far exceeded the maximum fluctuation range stipulated in the labor agreement due to force majeure. So today’s explanation of the collective bargaining agreement, we combine the past 2017-2018 and 2018-2019 seasons to tell this large company with a high degree of internationalization after making money.
According to the collective bargaining agreement, workers (players) are guaranteed to receive 50% of NBA basketball-related income (BRI). With certain deviations, workers (players) would receive 49%-51% (BRI) of actual basketball-related income. This is a general principle. Then the problem arises, because the NBA's expected basketball-related revenue is calculated at the beginning of the season, and the actual basketball-related revenue cannot be finalized until the end of the season. Therefore, there will inevitably be some deviations between players’ expected income and actual income. This deviation can be divided into two situations: expected basketball-related income > actual basketball-related income, or expected basketball-related income < actual basketball-related income.