Why is Alexander s maximum salary renewal of contract creates history? The annual salary exceeds 70 million, which is shocking

Billups led the Pistons to defeat the powerful Lakers F4 combination in the finals and was successfully elected as the MVP of the finals with his outstanding performance.

It was only after winning the championship in 2004 that this grassroots FMVP in history was able to get the first maximum salary contract in his life, but that was only more than 10 million. In the summer of 2016, with the NBA's 9-year, $24 billion broadcast contract signed by ESPN and TNT officially took effect, it also means that the salary cap in the 17 season soared from 70 million to 94 million.

So, that summer, big contracts were flying all over the place, and some teams seemed extremely generous and even crazy to complete the hard indicators of the salary cap...

This is also the reason why garbage contracts emerged one after another that summer.

Now, when we look back at the so-called big contract and even the maximum salary contract that year, it is not worth mentioning in comparison - Mozgov, who averaged 1.2 points and 1.6 rebounds in the playoffs that year, was finally poached by the Lakers in four years with the halo of the championship center;

Rolden signed the Lakers in four years with 72 million, and Noah signed the Knicks in four years with 72 million, who averaged only 4 points and 8 rebounds per game.

Parsons, who averaged 13.7 points and 4.7 rebounds per game that year, signed with the Grizzlies in four years and 94 million, and once became the biggest fraudster in history.

Batum signed the Hornets for 120 million in five years, but the latter was sprayed out and was later bought out and reborn in the Clippers...

And the most shocking contract that year was Conley signed the Grizzlies for 152 million in five years, setting the largest contract record at that time!

It can be said that with the explosion of broadcast dividends, the NBA's maximum salary has also entered the era of 100 million yuan, and the turning point of this naturally belongs to 2016.

After the broadcast contract came into effect in 2016, the NBA salary cap jumped from 70 million to 94.14 million, and in 2019 it officially exceeded 100 million mark, reaching 101.8 million.

Curry's annual salary was as high as 40.2 million in the 2019-20 season, becoming the first player in the NBA to have an annual salary of more than 40 million.

Later, with the birth of maximum salary contracts, we have witnessed the increase in annual salary of NBA stars at a level of tens of millions, and have refreshed our cognition again and again.

In 2023, Brown signed a five-year, $304 million contract with the Celtics, with a first annual salary of 52.37 million, becoming the first player to have an annual salary of over 65 million.

A year later, last summer, Tatum signed a five-year, super maximum salary renewal contract with the Celtics.

Tatum's contract renewal surpassed Brown's contract extension in one fell swoop, becoming the largest new contract renewal in NBA history.

With Alexander, the double MVP of this season, successfully renewed the contract with the Thunder, the largest contract record in NBA history has been broken again!

Alexander's super maximum salary was renewed in advance. The contract was specifically $285 million in four years, with an average annual salary of $71.25 million, making it the highest annual salary in NBA history!

It is worth mentioning that this is also a new record for the annual salary of NBA stars. Alexander's salary in the last year of this contract was as high as 78.77 million, which is shocking.

Don't forget, if Alexander only renews his contract with the Thunder in the offseason next year, he can sign a five-year maximum salary contract of 380 million yuan by then!

Alexander successfully renewed the contract with Thunder for US$285 million in four years. What is this concept?

The average annual salary of this contract is US$71.25 million, monthly salary of US$5.94 million, and weekly salary of US$1.48 million.

In other words, Alexander can earn $868,900 in one game, with a daily salary of $212,100, and an accurate hourly salary of $8,840.

If he calculates the speed of his money per minute, it will be a revenue of US$147.26 per minute, and US$2.45 per second. Is it surprising or not surprised.

When the salary ceiling of NBA teams is broken again and again, it can be predicted that the league will continue to grow significantly in the future due to new broadcast contracts...

The only thing we can sigh about this is that players are indeed born in a good era...