Sunday, July 8, 2007

Evolution of Salary

If you're a pro athlete, you earn a lot (cliché...cough). Especially if you're a professional in the NBA. In pro leagues the salary cap is the most important thing when a team want to sign a baller. NBA's salary cap is a soft cap, which means that the cap is not a holy thing, teams are allowed to exceed the limit. That's costly because of luxury tax which is triggered if average team payroll exceeds a certain number higher than the cap. Another important thing is the minimum and maximum salary for individual players. Under the CBA (collective bargaining agreement), a player's maximum possible salary increases along with his time of service in the league. Another thing: the Bird exception. It means that NBA teams are allowed to exceed the cap number in order to retain the rights to a player who has already been on the squad.

The main goals of these regulations? The consistency, the consistency and...yes, the consistency.

Is this a successful aspiration? Yes, partly, but the most perceptible thing is the growth. The average NBA salary is huge, the highest of any major sports.

Finally, check out these charts:

Evolution of NBA salaries

Season
Cap
Max. team salary
Avg. player salary
Min. player salary
1985/86
4,23 mill. $
8,76 mill. $ (Lakers)
0,37 mill. $
0,07 mill. $
1990/91
11,87 mill. $
14,47 mill. $ (Cavs)
0,86 mill. $
0,12 mill. $
1995/96
23 mill. $
43,33 mill. $ (Knicks)
1,53 mill. $
0,2 mill. $
2000/01
35,5 mill. $
86,51 mill. $ (Blazers)
3,24 mill. $
0,32 mill. $
2005/06
49,5 mill. $
126,61 mill. $ (Knicks)
4,03 mill. $
0,4 mill. $


Top 5 earners then and now

Season
Rank
Name (Team)
Salary
1985/86
1st
Magic Johnson (Lakers)
2.5 mill. $
2nd
Moses Malone (Sixers)
2.15 mill. $
3rd
Kareem Abdul-Jabbar (Lakers)
2 mill. $
4th
Larry Bird (Celtics)
1.8 mill. $
5th
Jack Sikma (Supersonics)
1.6 mill. $
1990/91
1st
Patrick Ewing (Knicks)
4.25 mill. $
2nd
Hot Rod Williams (Cavs)
3.8 mill. $
3rd
Hakeem Olajuwon (Rockets)
3.2 mill. $
4th
Charles Barkley (Sixers)
2.9 mill. $
5th
Chris Mullin (Warriors)
2.85 mill. $
1995/96
1st
Patrick Ewing (Knicks)
18.7 mill. $
2nd
Clyde Drexler (Rockets)
9.8 mill. $
3rd
David Robinson (Spurs)
7.7 mill. $
4th
Chris Webber (Bullets)
7 mill. $
5th
Joe Dumars (Pistons)
6.9 mill. $
2000/01
1st
Kevin Garnett (T'Wolves)
19.6 mill. $
2nd
Shaquille O'Neal (Lakers)
19.3 mill. $
3rd
Alonzo Mourning (Heat)
16.9 mill. $
4th
Juwan Howard (Wizards)
16.9 mill. $
5th
Hakeem Olajuwon (Rockets)
16.7 mill. $
2005/06
1st
Shaquille O'Neal (Heat)
20 mill. $
2nd
Allan Houston (Knicks)
19.1 mill. $
3rd
Chris Webber (Sixers)
19.1 mill. $
4th
Kevin Garnett (T'Wolves)
18 mill. $
5th
Allen Iverson (Sixers)
16.5 mill. $


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