NBA In-Season tournament prize: Know everything about $500,000 reward for LeBron James, Giannis Antetokounmpo, and other stars

The NBA In-Season tournament has been a big hit so far in its very inaugural edition. With an attractive prize pool and exciting knockout format, the In-Season tournament has drawn the attention of fans and some phenomenal performances from the players. 

With the semifinals rolling out soon, the hype surrounding the competition is building to the Championship game. The prize money, though, is not solely reserved for the winners.

All the eight teams that made it to the knockouts are set to pocket hefty paychecks, including the sides that were eliminated in the quarterfinals. Despite voicing his wish to pay for a Rolls-Royce with half a million from the winners’ cash prize, Brooklyn Nets’ Spencer Dinwiddie failed to make it to the knockouts with his team.

But exactly how big is the Champions’ prize pool? Here’s how much everyone who made it to the KOs will pocket including the coaching staff.

How much is the NBA In-Season prize money?

The inaugural edition of the NBA In-Season tournament boasts exciting prize money which will see every single player on the Champions team win $500,000 each. Head coaches will receive the same amount as the players while assistant coaches will get 75% of the prize money as that of the players.

The finalists will receive $200,000 per player, while the semi-finalists will get $100,000 each. Meanwhile, $50,000 is the cash prize for making the quarterfinals per head.

Every player on the teams eliminated in the quarterfinals, namely the Boston Celtics, Sacramento Kings, New York Knicks, and Phoenix Suns, are already set to receive a cash prize of $50,000. Players on two-way contracts will receive 50% of the original amount.

In-Season tournament prize money for winners

The prize money adds up as teams advance deeper into the knockouts. Every player on the roster of teams that have secured their place in the semifinals will walk away with a cash prize of $150,000 ($50,000 for quarterfinals + $100,000 for semifinals) irrespective of the result.

Finalists will receive $350,000 per player ($50,000+$100,000+$200,000 for finals), except for players on two-way contracts who will get 50% of that. Every player on the Champions team has the chance to pick $850,000 through the entire tournament, a hefty paycheck right before Christmas. The Champion side will receive a total of $7,500,000 across the entire roster being the ultimate Winners prize pool.

When is the In-Season tournament Championship game?

The Milwaukee Bucks, Indiana Pacers, Los Angeles Lakers, and New Orleans Pelicans have booked their spots in the semifinals of the In-Season tournament. With the semifinals rolling out on December 7, the winners of the two decisive games will seal their tickets for the Finals.

The Championship game will take place on December 9 in Las Vegas, where every player can win a personal cash prize of $500,000 apiece. For players currently on a two-way contract, each could pocket up to $250,000 in prize money winning the Championship.

The hype surrounding the In-Season tournament has risen significantly throughout the knockout rounds. Lakers great LeBron James has acknowledged the $500,000 cash prize as a motivator to pursue the Championship as well. The huge prize pool has only added to the climbing excitement and stars are eyeing to clinch the inaugural edition of the competition with their teams.

FAQs

In case you missed:

• Most Finals in NBA History
• Most Turnovers in NBA History

• Do follow us on: Facebook | Instagram | Twitter
• Follow FirstSportz on WhatsApp Channel

Stay Updated!

Join our newsletter to receive exclusive updates and curated insights directly to your inbox.

Subscribe NOW