A lot of players are not just good enough for their teams to be competitive, but good enough that they’ve found ways to earn more money and play for teams that are willing to pay them.
The NBA is currently in the midst of a salary cap crunch, with the league having just over $1 billion in salary cap space to spend.
The players’ union wants to see the salary cap rise as high as possible.
Players are set to receive a $1 million raise next season, but there is an issue of how to divide that money between the teams.
If players are paid equally, then it creates a problem for the NBA to get enough cap space, said Adam Silver, commissioner of the NBA.
But it doesn’t solve the problem of player salaries, which have ballooned in recent years because of the way the salary-cap system has worked.
For example, in 2015-16, the average salary of an NBA player was $12.8 million.
By 2022-23, that figure jumped to $18.2 million.
In 2019-20, the league’s salary cap was $70.9 million, and by 2022-21, it was over $102 million.
Players earn about $12,000 for every $1,000 of salary they earn.
The average player earned $2.9 Million last season, while the median player earned about $4.2 Million, according to Forbes.
Players who play for a team that can afford to pay him have also found ways of making more money by playing on a salary-splitting team, which is the best of both worlds.
The salary-split system has been used in the past by the Toronto Raptors and Sacramento Kings.
The league has used the system to give players a shot at playing for the defending champion New York Knicks, but it is far from a guarantee that players will get a raise next year, according for Silver.
Silver said the league will “continue to evaluate options for a salary sharing system” if it’s not enough money to support a team.
“It is not enough to support our players, but if you can afford it, you can continue to play,” Silver said.
With files from The Canadian Press