LeBron James Doesn't Make Top 20 in NBA Pay; Bryant Heads Forbes List
James and Bosh will get $14.5 million each this season from the Heat, $10.3 million less than top-earning Kobe Bryant will receive from the Los Angeles Lakers. Wade will be paid $14 million, the report said.
James will gross more than $40 million when endorsements from companies including Coca-Cola Co., Nike Inc. and McDonald’s Corp. are added to his salary, Forbes said. Sponsorships lift Bryant’s salary nearer to $50 million. No other NBA player will earn more than $30 million from salary and sponsors.
James, the two-time reigning NBA Most Valuable Player, left the Cleveland Cavaliers in July after seven seasons to join fellow All-Stars Wade and Bosh at the Heat.
The arrival of James and Bosh, and Wade’s decision to stay, led Las Vegas oddsmakers to make the Heat the odds-on favorite to win the NBA title for the first time since 2006. Miami has won four straight games since losing its season opener to the Boston Celtics.
Bryant, 32, replaced Tracy McGrady at the top of the salary list when he signed a three-year, $83.5 million extension in April, Forbes said. Bryant should stay on top through the 2013- 14 season, when his salary increases to $30.5 million, it said.
McGrady to Pistons
McGrady played in 30 games last season, split between the Houston Rockets and the New York Knicks, after knee surgery in the middle of the 2008-9 season. The Knicks beat the Chicago Bulls 120-112 last night.
McGrady is being paid $1.35 million this year by the Detroit Pistons after earning $23 million in the final year of his previous contract, ESPN reported Aug. 10.
Team owners are looking to cut players’ salaries by $800 million, or 35 percent, under a new labor accord. The current agreement expires at the end of the season.
Orlando Magic forward Rashard Lewis, who signed a six-year contract worth $118 million, is second on the Forbes list at $20.5 million.
HIGHEST-PAID NBA PLAYERS RANK PLAYER TEAM SALARY ($M) --------------------------------------------------------- 1. Kobe Bryant Los Angeles Lakers $24.8 2. Rashard Lewis Orlando Magic $20.5 3. Kevin Garnett Boston Celtics $18.8 4. Tim Duncan San Antonio Spurs $18.7 5. Michael Redd Milwaukee Bucks $18.3 6.= Pau Gasol Los Angeles Lakers $17.8 6.= Andrei Kirilenko Utah Jazz $17.8 8.= Gilbert Arenas Washington Wizards $17.7 8.= Yao Ming Houston Rockets $17.7 10. Zach Randolph Memphis Grizzlies $17.3
To contact the editor responsible for this story: Michael Sillup at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.