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Well, for the NBA at least, the minimum salary you can be paid does scale with your years in the league. There is also a a salary cap (per-team) and a maximum
by siegecraft 11y ago
Well, for the NBA at least, the minimum salary you can be paid does scale with your years in the league. There is also a a salary cap (per-team) and a maximum salary for any one player based on your previous salary and years of experience. One of the interesting things to happen because of this is that the top-tier players are underpaid by their teams (relative to their competition), and end up making more money from their shoe and advertising deals than their team salary. It also means that veterans who are willing to take minimum salary may find themselves priced out of the league since their minimum is higher than less experienced players.
- fsk 11y ago>It also means that veterans who are willing to take minimum salary may find themselves priced out of the league since their minimum is higher than less experienced players. Actually, the NBA CBA has that loophole covered. If a veteran player accepts a minimum salary contract, the team only has to pay the minimum salary for a player with 3 years of experience. The league pays the difference, and the difference does not count against the salary cap. So, the minimum salary scale for veterans is not a disincentive against hiring a veteran who is willing to play for the minimum.