Average player salary in the sports industry by league 2019/20
Big money in the NBA
Although the wages that players in the NBA take home are astronomical, the average annual salaries vary from one team to another. Whilst the New York Knicks pay their players an average of 7.08 million U.S. dollars a year, Portland Trail Blazers spent around 10.04 million U.S. dollars annually on each of their stars in 2019/20. NBA salaries have tremendously increased throughout the years reaching 8.32 million U.S. dollars in 2019/20 compared to 4.6 million U.S. dollars in 2015/16.