Players have hundreds of millions of contracts, so how much can NBA presidents earn a year?

Last NBA season, a total of six players earned more than $40 million a year, less than $40 million, and a total of 16 players earned more than $30 million a year. There are too many players with hundreds of millions of contracts to list them all. These data all show that the income of NBA players is very high, so what is the annual salary of NBA president as the most powerful person in the league, and how does it compare with players?

What is the annual salary of NBA president?

As long as the annual salary of NFL presidents is open in the four major education leagues in North America (NBA (American Professional Basketball League), NFL (American Major Football League), NHL (American Ice Hockey League) and MLB (American Major Baseball League), NFL leagues will receive tax-free treatment from 1942. According to the tax exemption policy, NFL must disclose the income of all executives, including the president.

However, the NBA does not enjoy this treatment. Except the annual salary of players and coaches is transparent, the salary of other executives is basically confidential. The annual salary of NBA presidents has never been officially disclosed, so that most team owners don't know how much the president can earn a year. According to woshen, a famous NBA reporter, when david stern was the president, there were no more than three team bosses who knew the president's salary.

During 1990, some media reported that Stern's annual salary was as high as $3.5 million, which was more than the annual salary of the presidents of the other three major education alliances combined. After entering 2000, Stern's salary was about $6,543,800+million. After entering 2065.438+00, Stern's annual salary exceeded $20 million. Many people in the league believe that Stern's annual salary is between 20 million and 23 million dollars, but only a few people know the details.

At that time, the salary was as good as the top players in the league, but Stern also deserved such a high annual salary. When he took over the NBA, the NBA was on the verge of bankruptcy and dissolution. It was he who put the NBA back on track and formulated a globalization strategy to make the NBA the best basketball business alliance in the world. The market value is rising year by year, and the salary of players is getting higher and higher. He deserves such a high salary.

20 14, Xiao Hua became Stern's successor. When he took over, the NBA was the best basketball business league in the world. His work is more powerful, which is different from Stern's dedication to the NBA. Moreover, his qualifications are not as deep as Stern's, and his annual salary is definitely lower than Stern's.

Last year, affected by the epidemic, NBA income dropped sharply. Xiao Hua took the lead in reducing salary by 20%. Some media reported that he automatically reduced his salary by $2 million, so it can be guessed that Xiao Hua's annual salary is $6,543,800+million. Although this is only speculation, it is close, and Xiao Hua's annual salary should be around $654.38 million.

How does the annual salary of the president compare with that of the players?

Stern brought the NBA back to life, and it took nearly 30 years for the president's salary to compete with some top players. Xiaohua's salary level can't be compared with his. In the past season, a total of 434 players were guaranteed contracts, and there were 1 13 players whose annual salary was more than100000 dollars.

It can be found that the annual salary of Xiao Hua100000 is only higher than that of 32 1 player, only half of those players like Oladipo and Barnes, only a third of those players like Siakam and Lori, and only a quarter of those superstars like Curry and Durant.

Of course, Xiao Hua is the best man in NBA, but his annual salary is not high, and the ratio with NFL president is also very low. Since 20 13, the annual salary of NFL President Roger Gold has exceeded $30 million. Compared with NFL president, NBA president seems to be a less popular profession, but it has hidden mystery.

Annual salary is not equal to income.

The annual salary of NBA president is not comparable to that of NFL president, but Xiao Hua does not envy NFL president. In fact, the NFL invited Xiao Hua as the president and offered him an annual salary of $40 million, which shocked many NBA players at that time. Since no player in the league had an annual salary of $40 million or more at that time, Lillard expressed his dissatisfaction on personal social media: "The annual salary of the president is as high as $40 million? And some players risk their lives/well-being and only get unsecured contracts. "

The annual salary offered by the NFL to Xiao Hua made many hard-working players feel dissatisfied, which further reflected how attractive the treatment provided by the NFL was, but Xiao Hua turned down their invitation and became the president of the NBA. Xiao Hua refused the invitation of the NFL and continued to be the president of the NBA, not because he loved the NBA so much. As a social elite who graduated from a prestigious school, he knows how to weigh the interests. The main reason why he refused the NFL invitation was that he could get more benefits from the NBA.

In fact, the annual salary of the president of NBA is not equal to his income, just like the boss of a company has a salary when he goes to work, but this is not his main source of income. The main income is the profit dividend after deducting all expenses at the end of the year, which is much more than the annual salary. In Xiao Hua, too, the league pays dividends to NBA bosses every year, and the profits of all teams are realized very early.

Imagine that just because players earn hundreds of millions of yuan, league dividends are the main source of income, and each team can make a profit every year. It can be seen that the league's annual profits are huge, and NBA presidents and some senior executives must also get dividends, which is well documented. The main task of NBA president is to make the league-higher attention, more traffic and greater commercial value-by taking it to the next level. If the president's annual salary is fixed, how can the president have the heart to do these jobs well? How can the president be willing to make more profits for the NBA, but it has nothing to do with me in the end? Obviously not, so the president and some senior executives can share dividends with 30 bosses at the end of the year.

This income is huge, and the annual salary is nothing compared with the dividend. Xiao Hua's annual salary plus dividends and other income must exceed $40 million. Otherwise, how could he have the courage to refuse the invitation of NFL's annual salary of $40 million? There must be a bigger temptation behind those who can resist this temptation.