How to divide the $18 million prize money in the mid-season competition?
On December 5, Beijing time, the NBA officially announced that the total prize money for the midseason was $18 million, and players and coaches who entered the knockout stage could get a proportional bonus. In addition, the official also announced the physical objects of the trophies and medals, and the design concept was also fully exposed.
How to divide the 18 million prize money in the mid-season?
According to the NBA's official website, the total prize money for the midseason is about $18 million, which is the biggest motivation for many players to compete in the midseason. For a superstar like James, the prize money for a midseason may be insignificant, but for some two-way players, it could be equivalent to half of their annual earnings.
Players and coaches receive cash prizes as they progress to the knockout stages of the playoffs, and the prize money increases as teams advance. Each player who wins the championship will receive $500,000, $200,000 for the finals, $100,000 for the semifinals, and $50,000 for the quarterfinals. Two-way players receive roughly half the amount of money that players on regular contracts.
Keita, a Celtic two-way player, says he is grateful, no matter how much. "Obviously, it's some extra money that can help your family. "For stars like James, Bushy Eyebrows, and Durant, $500,000 is almost the equivalent of what they get paid for playing a regular season, but for 22 two-way players like Keita who make it to the knockout stages, that's a lot of money.
Two-way players are earning $559,000 this season, and if their team wins the championship, they will receive about $250,000, which is basically half of their annual earnings. Of course, they are already in the quarterfinals and will get at least $25,000.
The trophy and the actual trophy are officially announced
The NBA also officially unveiled the physical trophies of the midseason championship trophy, MVP trophy, championship medal and All-Team trophy, and unveiled their design concepts.
Mid-Season Championship Trophy
Color: Gold symbolizes the highest achievement, and black symbolizes the new addition to the NBA game in the midseason.
Materials: Sterling silver trophy containing 24-carat gold plating and black ceramic
Dimensions: Overall height 23 inches, stand height 18 inches, base height 5 inches, weight 35 pounds
Design concept: one trophy represents a mid-season champion, the three-tier base represents three wins to enter the knockout round, the eight brackets represent the eight teams that advance to the elimination, the 23-inch total height symbolizes that 2023 is the first season of the mid-season, the 30 mesh holes at the base of the trophy represent 30 teams, and the 35 pounds represent three teams each in the east and west, each with five teams participating.
Mid-season MVP Trophy
Color: Gold and black match the championship trophy
Dimensions: 15 inches high, 6.5 inches wide, ball 5 inches (circumference 17.5 inches), pole height 8 inches, base 3 inches high, weight 11.5 pounds.
Design concept: 15 inches tall represents 15 teams in the east and west, 5 inches wide represents 5 teams in each group, 3 inches in base represents 3 teams in the east and west, and two poles represent the two teams participating in the finals.
Mid-season medals
Awarded to each player on the winning team, the medal is engraved with the words and year of the NBA Mid-Season Championship champion on the front and an NBA trophy silhouette on the back, with four raised balls representing the four teams that reached the semifinals.
Mid-Season Team of the Year trophy
At the end of the mid-season, the media panel will award the tournament's best team and recognize the top five players. The trophy consists of a solid black crystal basketball with a golden channel, one of which has a stand motif to pay homage to the season tournament. Each trophy is 7.5 inches tall and weighs 20 pounds.