The NBA is one of the biggest sporting leagues in the world. Over the years, the amount of money involved in the league has seen a drastic increase. And it seems like this will continue for the next few years as well. The revenue the NBA generates is also extremely high, which should explain the lucrative amounts paid to players.
There are players who receive hundreds of millions with their contracts. This isn’t surprising at all, especially considering the millions or even billions of eyes these NBA stars attract. Speaking of money, we all know that there are huge amounts involved in the league, but how much do the NBA champions receive?
How much will the 2022-23 NBA Champions earn?
As we all know, the Golden State Warriors took home the prestigious title in the 2021-22 season. According to reports, they received about $27.5 million as prize money for their legendary triumph. This is based on the NBA Player Playoff Pool. The Pool determines how teams in the league will be paid at the end of the season.
Your 2021-22 NBA Champion
GOLDEN STATE WARRIORS pic.twitter.com/D9RZoxhqEl
— Golden State Warriors (@warriors) June 17, 2022
Various sources mention that the teams who reach the playoff stage will receive about $320,000. Together with that, the teams that managed to reach the conference finals will have a huge payday of around $640,000. The while franchises that are knocked out a stage earlier will get at least $390,000.
Since the prize money for the eventual champions of the 2022-23 season hasn’t been revealed yet, we would have to calculate based on the prize money for the previous seasons. There are reports that claim that the 2020-21 champions, the Milwaukee Bucks, received about $22 million when they won the title.
The Milwaukee Bucks are CHAMPIONS OF THE WORLD!! pic.twitter.com/yB73gbUJyk
— Milwaukee Bucks (@Bucks) July 21, 2021
Judging from this, we can expect the 2022-23 NBA champions to receive more than $28 million. However, it would just be a huge guess, since it wouldn’t be safe to assume the exact number the Association might pay the title winners. Fans can guess that the champions for the ongoing season might win about $32-34 million at the end of the 2022-23 NBA season. The prize money for the conference semifinals, finals, and playoffs-placed teams will increase as well.
