The minimum salary for players signing contracts in the 2024/25 NBA season amounted to 1.16 million U.S. dollars. This represented an increase of around 3 percent from the previous season, when the figure stood at 1.12 million U.S. dollars.
Ahead of the 2024/25 season in the National Basketball Association (NBA), the luxury tax threshold totaled 170.81 million U.S. dollars. This was an increase of 3.3 percent from the previous season and over double the threshold from a decade prior. The NBA operates with what is known as a soft salary cap. According to the rules laid out in the collective bargaining agreement, franchises that go over the salary cap have limited freedom in transfers. However, if a team's spending on salaries goes over the luxury tax threshold, which is always higher than the salary cap, it pays a tax to the league, which is partly redistributed among the franchises that did not exceed the threshold.
In 2024, it was estimated that the newly crowned NBA champions, the Boston Celtics, would pay a luxury tax of around 41 million U.S. dollars. Since the 2006/7 season, 14 of the last 18 NBA Finals winners paid a luxury tax on their way to championship glory. The largest sum paid by any one franchise came in 2022, when the Golden State Warriors paid a staggering 170.3 million U.S. dollars in luxury tax. As part of the NBA's salary regulations, as defined in the league's collective bargaining agreement, a luxury tax is levied on teams that surpass the luxury tax threshold. The taxable sum is then evenly distributed between the NBA and the non-tax paying teams.
In the 2023/24 season, the Golden State Warriors generated the most revenue from the National Basketball Association franchises. Specifically, the Golden State Warriors generated 800 million U.S. dollars in revenue by the end of the season.
During the 2024 NBA Finals, Game 5 had the highest rating in the United States with an estimated 6.3 percent of households having tuned in to watch the Boston Celtics secure their record-breaking 18th NBA championship title against the Dallas Mavericks. Game 4 had the lowest rating with 4.7.
A January 2024 survey in the United States revealed that almost 60 percent of NBA fans who attended or watched games were male. Meanwhile, just over 40 percent of NBA fans were female.
A September 2024 survey in the United States revealed that 16 percent of NBA fans had a preference for the Los Angeles Lakers. In second place, the Chicago Bulls were liked by 11 percent of fans.
The NBA and WNBA are the two top leagues for basketball in the United States for men and women, respectively. In the NBA, players took home an average annual salary of over ** million U.S. dollars for the 2024/25 season, with the league's minimum salary set at **** million U.S. dollars that year. In comparison, players in the WNBA received an average annual pay of ******* U.S. dollars in the 2025 season, with the highest-earning players in the WNBA receiving around ******* U.S. dollars annually.
The statistic shows a ranking of National Basketball Association stadiums/arenas built since 2000 by total cost of construction. The total construction costs of the Barclays Center amounted to 1.03 billion U.S. dollars.
Teams in Major League Baseball were estimated at an average franchise value of just over 2.3 billion U.S. dollars in 2023. Meanwhile, the average value of National Football League franchises reached a high of over 5.1 billion U.S. dollars in 2023.
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The minimum salary for players signing contracts in the 2024/25 NBA season amounted to 1.16 million U.S. dollars. This represented an increase of around 3 percent from the previous season, when the figure stood at 1.12 million U.S. dollars.