Years of Experience Salary
0 $898,310
1 $1,445,697
2 $1,620,564
3 $1,678,854
4 $1,737,145
5 $1,882,867
6 $2,028,594
7 $2,174,318
8 $2,320,044
9 $2,331,593
10+ $2,564,753
Because the NBA doesn’t want teams to avoid signing veteran players in favor of cheaper, younger players, the league reimburses clubs who sign veterans with three or more years of experience to one-year, minimum salary contracts. Those deals will only count against the cap – and against a team’s bank balance – for $1,620,564, the minimum salary for a player with two years of experience.
For instance, if Courtney Lee – who has 12 years of NBA experience – signs a one-year, minimum salary contract with a new team, that team would only be charged $1,620,564 for Lee’s contract. He’d earn $2,564,753, but the NBA would make up the difference. This only applies to one-year contracts, rather than multiyear deals.
If a player signs a minimum salary contract after the regular season begins, he’ll earn a pro-rated portion of the amount listed above. Those figures also only apply to players who are signing new contracts in 2020/21. Players who are in the second, third, or fourth year of a minimum salary deal will be earning a slightly different predetermined amount.
For instance, a player like
Raptors guard
Terence Davis, who has one year of NBA experience, will be earning a $1,517,981 salary in the second year of his contract, exceeding the $1,445,697 he’d receive if he were signing a new minimum deal this fall. More details on multiyear minimum contracts can be found at
RealGM.
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