• Categories

    • Top 10 Biggest Contracts Ever Signed by NBA (Basketball) Players

    by admin in Basketball Wiki | Comments Off on Top 10 Biggest Contracts Ever Signed by NBA (Basketball) Players

    NBA is the most popular and lucrative basketball league in the world. Big companies or groups are the owners of the teams and their budget is quite enormous. They can spend massive money to have a player in the team so when a player makes a contract with a team; he is bound get a huge amount of money out of it. In the history of NBA so many expensive contracts are signed by the players, following are the biggest of them all.

    10. Jason Kidd

    Jason Kidd was originally picked by the Dallas Mavericks in 1994 draft, then, he was traded to the Phoenix Suns in 1996, in 2001, after five years in Phoenix, he was traded again to a team New Jersey Nets. In the first two seasons Kidd performed so well that Nets decided to lock him into a $103,572,000 worth deal.

    9. LeBron James

    Two-time NBA Most Valuable Player award winner, LeBron James contract with Cleveland Cavaliers ended on July 1, 2010. James was approached by several teams, including the Knicks, Nets, Heat, Bulls, Mavericks, Clippers, and his hometown Cavaliers but on July 8, 2010, he announced to join Miami Heat. He made a contract with Heat worth $109,837,500 from 2010 to 2016.

    8. Gilbert Arenas

    Gilbert Arenas entered the 2001 NBA Draft and was selected in the second round by the Golden State Warriors. On June 9, 2008, Arenas contract with Golden State Warriors got expired. The Warriors offered him a new contract worth more than $100 million, another team Washington Wizards came up with even a more expensive deal, a six-year contract worth $111 million dollars. Arenas preferred Wizards over Warriors and signed the contract on July 13, 2008.

    7. Shaquille O’Neal

    In 1996, after spending four seasons with Orlando Magic, Shaquille O’Neal became a free agent; it was the time when he received a $120 million dollars contract from the Los Angeles Lakers. According to that agreement, he was given $17,142,857 per year by the Lakers.

    6. Tim Duncan

    Many experts rate Tim Duncan as one of the greatest power forwards in NBA history. He played throughout his career for San Antonio Spurs. Before the start of 2003-04 season, Spurs made a seven-year deal with Duncan and paid $122,007,704 over those seven years.

    5. Chris Webber

    Chris Webber was selected by the Orlando Magic with the first pick of 1993 NBA Draft, but he was immediately traded to the Golden State Warriors in exchange for Anfernee Hardaway. In 1998, he was traded again to a team Sacramento Kings. Kings were so pleased with the performance of the Webber that on July 2001, they decided to offer him a seven years deal that worth $122,718,750.

    3. Rashard Lewis

    There is a tie between Kevin Garnett and Rashard Lewis for the third spot as far as the largest basketball contracts are concerned. In 1998, Rashard Lewis started his career with Seattle SuperSonics. After playing nine years for SuperSonics, he decided to join Orlando Magic and signed a contract worth $126 million dollars.

    3. Kevin Garnett

    Kevin Garnett was selected by the Minnesota Timberwolves with the 5th overall pick in the 1995 NBA Draft and he is among those rare NBA players who drafted directly out of high school. In 1999, Minnesota Timberwolves offered him a six years deal that held a value of $126,000,000. Garnett accepted the deal gratefully.

    2. Jermaine O’Neal

    Jermaine O’Neal currently plays for Boston Celtics. Back in 2003, when he was the part of the Indiana Pacers, he played his first three seasons with the team outstandingly well; as a result the team locked him in to a $126,558,000 worth deal. It was claimed to be the second largest contract in the history of basketball.

    1. Kobe Bryant

    In terms of the biggest contract ever in the history of basketball, Kobe Bryant’s name comes at the top of the list. He signed a $136,400,000 worth contract with Los Angeles Lakers in 2004 and set the record of the most expensive basketball contract of all time.




    Related posts

    Tags:

    Comments are closed.