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Top 15 Highest Paid NBA Players for the 2023/24 Season
Edwin Kiplagat
updated at July 11, 2023 at 8:50 AM
- Nikola Jokic recently signed the richest contract in the NBA, which made him one of the highest-paid players in the league
- NBA salaries have been going up every year due to the increasing salary cap
- Sports Brief looks at the highest-paid players for the 2023/24 season
NBA players are some of the highest-paid sportsmen. Some of those salaries have helped players like LeBron James become billionaires. The veteran Los Angeles Lakers star is not the highest-paid player in the NBA, but he is among the highest.
Just over 20 years ago, iconic center Shaquille O'Neal made under $20 million per season. In the 2022/23 NBA season, a total of 80 players made more than Shaq did, and it includes many role players.
Source: Getty Images
Golden State Warriors superstar Stephen Curry will be the first player to make $50 million per year next season. Portland Trail Blazers superstar Damian Lillard will make a staggering $60 million in the 2026-27 season. Lillard recently requested a trade from the Blazers.
In the past decade, the NBA’s salary cap, the amount of money a team can pay players on its roster has more than doubled with annual average cap increases of 8.2%.
As league revenue increases, the salary cap goes up, and many expect salaries to increase significantly, especially with a new TV deal on the horizon. We could see players like Luka Doncic, Ja Morant, and Zion Williamson make $70 million per season.
To put that in perspective, LeBron James made $14.5 million in his first season with the Miami Heat in 2010. James is now one of the few NBA athletes to become a billionaire.
Highest paid players in 2023/24 season
Two-time MVP Nikola Jokic signed a five-year $264 million deal last summer, making it the richest contract in NBA history. He brought the NBA title to Denver for the first time in June.
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However, he will not be the highest-paid player in the league next season. That honor goes to four-time NBA champion Stephen Curry.
Veterans Kevin Durant, LeBron James, Damian Lillard, Giannis Antetokounmpo, Kawhi Leonard, and Paul George make the top 10.
| Rank | Player | Team | Salary |
1 | Stephen Curry | Golden State Warriors | $51,915,615 |
2 | Nikola Jokic | Denver Nuggets | $47,607,350 |
3 | Joel Embiid | Philadelphia 76ers | $46,607,350 |
- | LeBron James | Los Angeles Lakers | $46,607,350 |
5 | Bradley Beal | Phoenix Suns | $46,741,590 |
6 | Kevin Durant | Phoenix Suns | $46,407,433 |
7 | Paul George | Los Angeles Clippers | $45,640,165 |
8 | Damian Lillard | Portland Trail Blazers | $45,640,084 |
- | Kawhi Leonard | Los Angeles Clippers | $45,640,084 |
- | Giannis Antetokounmpo | Milwaukee Bucks | $45,640,084 |
11 | Jimmy Butler | Miami Heat | $45,183,960 |
12 | Klay Thompson | Golden State Warriors | $43,219,440 |
13 | Rudy Gobert | Minnesota Timberwolves | $41,000,000 |
14 | Fred VanVleet | Houston Rockets | $40,806,300 |
15 | Anthony Davis | Los Angeles Lakers | $40,600,080 |
16 | Zach LaVine | Chicago Bulls | $40,064,220 |
- | Luka Doncic | Dallas Mavericks | $40,064,220 |
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Richest contracts in NBA
NBA stars are making ridiculous amounts right now. Here are the top 10 richest contracts in the league.
Rank | Player | Team | Contract |
1 | Nikola Jokic | Denver Nuggets | 5 years/$276,122,630 |
2 | Bradley Beal | Phoenix Suns | 5 years/$251,019,650 |
3 | Devin Booker | Phoenix Suns | 4 years/$234,572,800 |
- | Karl-Anthony Towns | Minnesota Timberwolves | 4 years/$234,572,800 |
4 | Giannis Antetokounmpo | Milwaukee Bucks | 5 years/$228,200,420 |
5 | Stephen Curry | Golden State Warriors | 4 years/$215,353,664 |
6 | Luka Doncic | Dallas Mavericks | 5 years/$215,159,700 |
- | Zach Lavine | Chicago Bulls | 5 years/$215,159,700 |
- | Trae Young | Atlanta Hawks | 5 years/$215,159,700 |
7 | Joel Embiid | Philadelphia 76ers | 4 years/$213,280,928 |
8 | Anthony Edwards | Minnesota Timberwolves | 5 years/$205,900,000 |
- | Lamelo Ball | Charlotte Hornets | 5 years/$205,900,000 |
- | Tyrese Haliburton | Indiana Pacers | 5 years/$205,900,000 |
- | Desmond Bane | Memphis Grizzlies | 5 years/$205,900,000 |
9 | Rudy Gobert | Minnesota Timberwolves | 5 years/$205,000,002 |
10 | Ja Morant | Memphis Grizzlies | 5 years/$197,230,450 |
All numbers courtesy of Spotrac.
Irving returns to Dallas
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Sports Brief earlier reported on Irving re-signing with the Dallas Mavericks in free agency.
He signed a three-year, $126 million deal, which has a player option in the third season. Irving will now team up with the Mavericks as they look to challenge for the title after missing the playoffs last season.
The veteran guard joined the Mavericks in February.
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