NBA player salaries have surged dramatically in recent years, and they are poised to reach even more astonishing heights in the future.
The All-NBA teams for the 2023-2024 season were announced on Wednesday, and certain players stand to gain significantly from this recognition.
ESPN NBA front office expert Bobby Marks highlighted that Shai Gilgeous-Alexander, who was named to the All-NBA team in both 2023 and 2024, could sign a supermax extension. This extension could see him earning $294 million over four years. The most staggering part of this contract is that in the 2030-2031 season, Gilgeous-Alexander could make $81.4 million, setting a new record as the first NBA player to earn $80 million in a single season.
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Gilgeous-Alexander is poised to sign his extension next year, with terms that would allocate him 35 percent of the projected salary cap from 2027 to 2031.
Currently, Gilgeous-Alexander is under contract until the 2026-2027 season due to a rookie max contract extension he signed in 2021, which assures him nearly $115 million over the next three seasons.
The 25-year-old guard, who led his Oklahoma City Thunder to the top seed in the West this season, finished second in NBA MVP voting this season, improving from fifth place the previous year.
