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NBA 10 Day Contract Salary In 2021/22

NBA 10 Day Contract Salary In 2021/22

What is NBA 10 Day Contract Salary?

When a player signs a 10-day contract, his team can theoretically use cap room or an exception to pay him more than the minimum salary.

However, in practice, that never happens — virtually every player that signs a 10-day deal receives a prorated portion of the minimum salary.

The minimum salary in a given season differs from player to player, based on his years of NBA experience entering the season.

For instance, in 2021/22, a rookie on a full-season minimum deal will earn $925,258, whereas a 10-year veteran who is earning the minimum will make $2,641,691.

The same is true for 10-day deals. A rookie will earn significantly less over the course of his 10 days with a team than a tenured NBA veteran will.

Because the 2021/22 season is 174 days long, a player’s full-season minimum salary can be divided by 174 to calculate his daily salary.

From there, it’s just a matter of multiplying by 10 to determine his salary on a 10-day contract.

Using that formula, here’s the full breakdown of what salaries for 10-day deals look like in ’21/22:

NBA 10 Day Contract Salary In 2021/22
0 To 1 Year in NBA$53,176
1 To 2 Years in NBA$85,578
2 To 3 Years in NBA$95,930
3 To 4 Years in NBA$99,380
4 To 5 Years in NBA$102,831
5 To 6 Years in NBA$111,457
6 To 7 Years in NBA$120,083
7 To 8 Years in NBA$128,709
8 To 9 Years in NBA$137,336
9 To 10 Years in NBA$138,019
10+ Years in NBA$151,821

Because the NBA doesn’t want teams to avoid signing veteran players in favor of cheaper, younger options, the league reimburses clubs who sign veterans with three or more years of experience to 10-day, minimum-salary contracts.

In those instances, teams are on the hook for $95,930, the minimum salary for a player with two years of experience, while the NBA covers the difference.

So a team would pay the same amount whether they sign a player with three years under his belt or a player with 12 years of NBA experience.

NBA 10 Day Contract Salary In 2021/22

The National Basketball Association (NBA) is a professional basketball league in North America.

The league is composed of 30 teams (29 in the United States and 1 in Canada) and is one of the four major professional sports leagues in the United States and Canada.

It is the premier men’s professional basketball league in the world.

The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA).

It changed its name to the National Basketball Association on August 3, 1949, after merging with the competing National Basketball League (NBL).

The NBA’s regular season runs from October to April, with each team playing 82 games.

League’s playoff tournament extends into June. As of 2020, NBA players are the world’s best-paid athletes by average annual salary per player.

The NBA is an active member of USA Basketball (USAB), which is recognized by the FIBA (International Basketball Federation) as the national governing body for basketball in the United States.

The league’s several international as well as individual team offices are directed out of its head offices in Midtown Manhattan, while its NBA Entertainment and NBA TV studios are directed out of offices located in Secaucus, New Jersey.

In North America, the NBA is the third wealthiest professional sports league after the National Football League (NFL) and Major League Baseball (MLB) by revenue, and among the top four in the world.

The Milwaukee Bucks are the defending league champions, as they defeated the Phoenix Suns 4–2 in the 2021 NBA Finals.

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