NBA players with $1 billion contract is not far from reality, claims Mavericks owner Mark Cuban
Mark Cuban made his intentions clear regarding NBA stars like Jayson Tatum and Luka Doncic receiving $1 billion contracts soon.
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Mark Cuban and Jayson Tatum
The NBA has gained worldwide recognition, with players like Jayson Tatum and Jaylen Brown securing massive contracts over $200 and $250 million. Billionaire Mark Cuban recently shared an intriguing take on these hefty NBA deals.
The former majority owner of the Dallas Mavericks recently spoke about how players may soon make up to $100 million a year. He even went on to imply that there is a possibility of players receiving up to $1 billion contracts shortly in the NBA.
On the Club Shay Shay Podcast, Cuban was questioned regarding players receiving $1 billion contracts in the NBA.
Yeah, for sure, but that presumes TV keeps going up the way it is… but you’re gonna see $100 million a year here shortly… Because if a TV contract has 10% increases in the cap, the way the CBA works. And you saw Steph had $62 million for one year. Luka will get a lot and it’s gonna go crazier.
Mark Cuban replied
Cuban is well-versed in the inner workings of the NBA and its current trajectory. Undoubtedly, the NBA is experiencing unprecedented growth. This has been possible because the league has been drawing record numbers of followers, viewers, and media attention worldwide.
NBA Player With A Billion Dollar Contract?
— Club Shay Shay (@ClubShayShay) September 26, 2024
"Yes! For sure. Luka is about to get A LOT! … They'll be making more money a year than I will. You're going to have players making more than the owners, and that's okay. There is no league without them. They are the league and they… pic.twitter.com/bSmWoebD7C
Additionally, when the new CBA agreement goes into force the following season, it will significantly boost the league’s profit potential. Therefore, it makes sense that players will soon be making enormous salaries in the NBA.
Jayson Tatum has the richest contract in NBA currently
Jayson Tatum of the Boston Celtics is now regarded as one of the league’s top stars. Tatum, a five-time All-Star, signed a five-year contract with the Celtics this summer after receiving a 25% rookie max extension. He now owns the most lucrative NBA deal in history as a result.
Tatum continues to hold the record for the highest-paid NBA contract in history after signing a five-year, whooping $314 million extension this past summer. This is as of September 2024. Stephen Curry will earn $62.6 million in the 2026–2027 season.
As Cuban mentioned, the contracts of the top NBA players will soon be worth $100 million or more a year. This is because their potential earnings have virtually no upper bound. Before their careers are up, even the most talented young players in the league right now, including Tatum, Anthony Edwards, and Luka Doncic, are on the road to reaching that milestone.
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Kartik Mudaliar
(844 Articles Published)