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Highest paid NBA players in 2015-16 free agency

A look at the NBA Free Agency.

Kevin Durant was the highest paid transfer

According to Sportingintelligence.com, the NBA is the best-paid league by average yearly salary.  It is followed by the IPL, MLB, EPL, NHL and Bundesliga. In the current free agency trading period of NBA, the total amounts of contract handed out to free agents till date has reportedly touched over US$3.3 BN. Kevin Durant’s move to Golden State Warriors from Oklahoma City Thunder has been the most reported movement leading to the 2016-17 season. It has reportedly cost the Dub Nation a cool US$ 27mn a year. 

Top free agent movements of this season*

Name

Type

OT

NT

Contract Terms

Per year(US$)

Kevin Durant

UFA

OKC

GSW

Signed 2-yr/$54M deal with Warriors

27 MN

Hassan Whiteside

UFA

MIA

MIA

Reportedly agreed to 4-yr/$98M deal with Heat

24.5 MN

DeMar DeRozan

UFA

TOR

TOR

Reportedly agreed to 5-yr/$139M deal with Raptors

27.8 MN

Al Horford

UFA

ATL

BOS

Reportedly agreed to 4-yr/$113M deal with Celtics

28.25 MN

A Drummond

RFA

DET

DET

Reportedly agreed to 5-yr/$130M deal with Pistons

26 MN

Dirk Nowitzki

UFA

DAL

DAL

Reportedly agreed to 2-yr/$40M deal with Mavericks

20 MN

Dwight Howard

UFA

HOU

ATL

Reportedly agreed to 3-yr/$70.5M deal with Hawks

23.5 MN

Mike Conley

UFA

MEM

MEM

Reportedly agreed to 5-yr/$153M deal with Grizzlies

30.6 MN

Nicolas Batum

UFA

CHA

CHA

Signed 5-yr/$120M deal with Hornets

24 MN

Harrison Barnes

UFA

GSW

DAL

Reportedly agreed to 4-yr/$94M deal with Mavericks

23.5 MN

Dwyane Wade

UFA

MIA

CHI

Reportedly agreed to 2-yr/$47M deal with Bulls

23.5 MN

Chandler Parsons

UFA

DAL

MEM

Reportedly agreed to 4-yr/$94M deal with Grizzlies

23.5 MN

Ryan Anderson

UFA

NOP

HOU

Reportedly agreed to 4-yr/$80M deal with Rockets

20 MN

Bradley Beal

RFA

WAS

WAS

Reportedly agreed to 5-yr/$128M deal with Wizards

25.6 MN

OT=Old Team, NT=New Team

* The trade deadline ends February 2017

*Salary figures sourced from http://www.basketball-reference.com/

* All salary figures are in US$ millions 

Basis the research and the figures available, NBA players’ salary is at par or more than the highest paid footballers or cricketers of respective leagues in the world.

 

Player

Annual Salary (US$)

NBA

Kevin Durant

27 MN

La Liga

Cristiano Ronaldo

19.4 MN

EPL

Wayne Rooney

16.8 MN

Bundesliga

Franck Ribery

12.15 MN

IPL

Virat Kohli*

2.26 MN

 

*Virat Kohli’s IPL salary is for a season that lasts only 50 days

A quick guide on free agency/ agent in the NBA:

UFA: Unrestricted free agent 
An unrestricted free agent (UFA) is free to sign with any team, though some unrestricted free agents have options on their existing contracts that, if exercised, may impact their choices.

E.g.: LeBron James, Kevin Durant, Pau Gasol, Dwight Howard, Dwyane Wade

RFARestricted free agent 
A restricted free agent can sign an offer sheet with any team, but the player's original team can retain him by matching the terms of that offer. The original team is said to have the "right of first refusal.”

E.g.: Andre Drummond, Matthew Dellavedova

Player Option 
player option grants the player the power to decide whether to stay for another year or become a completely unrestricted free agent.

(In either case, if the option is refused, the player is completely unrestricted, free to sign with any team.)

Team Option 
A team option grants the original team the right to keep a player for another year.

Early Termination Option 
An early termination option gives the player the right to end a signed contract. The option cannot be exercised before the end of the fourth year of an existing contract. If the player declines to exercise the option, he remains with the original team. If the option is exercised, he is free to sign with any team.

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