(All of the content stated in this article is based on reliable sources, which are repeated at the end of the article)
The NBA is the world's top men's basketball league and the highest temple of world basketball, and many basketball players are eager to join the NBA, and Chinese players are no exception.
So why has the NBA become the "dream home" of many basketball players?
First of all, it must be because of the name of "basketball mecca", and more importantly, the super high treatment given by the league.
Famous NBA stars are almost worth hundreds of millions, and the famous sports business website sportico has counted the 50 highest-paid athletes in the history of the world, of which the NBA accounts for 13.
Not only that, but the NBA also provides living security for retired players, as long as they serve in the NBA for more than three seasons, they can receive a generous pension.
How is the NBA's pension calculated, and how much do players get?
How much pension does the NBA pay
In the NBA, there is a special way to calculate the pension of players, and the pension is divided into three levels, and the later you receive this money, the more money you can get.
According to the rules in force, players can receive their pension from the age of 45, and if they want more, they can also choose to start receiving it at the age of 50 or 62.
According to the labor agreement, the NBA's basic retirement amount is $306.34, and the final amount is related to the length of time the player has been played.
The most basic formula is: 306.34 × the validity period × the amount standard (because the three levels are different).
The first tranche of 45 years old is 306.34× and two-thirds of the years of service × (USD);
The second tranche of 50 years of age is 306.34× years of service (USD);
The third tranche of 62 years of age is 1666.7× years of service (USD).
Of course, this number will change, and if the NBA league's earnings increase, the base amount of the pension will also increase, and vice versa.
However, not everyone can get a pension, the minimum requirement is to serve in the NBA for three years, and the maximum service period is 10 years.
If you have been working for more than 10 years, it will only be paid according to the 10-year period.
It's also important to note that if a player signs a "10-day contract" or "two-way contract" with the team before February 2, the season will not count towards the number of years of service.
In addition to this, there is also the peculiarity that all players' pensions are calculated according to this formula, regardless of your skill level.
Let's say you're in the NBA for 10 years, and you're on pension at the same age as James, you're going to get the same amount of money.
Many people wonder why the NBA is so rich as a sports league?
Why are NBA pensions so high
In fact, this is mainly because of the NBA's excellent commercialization model.
Just broadcasting a project can make the league profit of $24 billion a year, and there must be capital masters among them.
You know, although the NBA can only rank third in the sports field in North America, it has a high influence in the world, and many passers-by know what the NBA is.
With such influence, the NBA has gained tremendous popularity, and at the same time, it has also received extremely high revenues, and this number continues to grow.
It is estimated that by 2025, $75 billion could be generated from contract revenues for retransmissions alone.
With such sufficient funds, the NBA will naturally not be stingy with its players, after all, the league and players can be said to be symbiotic, one wins and one loses.
The players in service can be said to be the "cash cow" of the NBA, everyone has a high salary, and it is common to have an annual signing fee of tens of millions.
And for retired players, the league's approach is also very humane, and a certain pension will be issued after retirement to ensure their basic livelihood.
Not only that, according to the system, every year the NBA will take out 4% of the player's salary and the league's subsidy as the player's pension. With the current earning power of the NBA, it can be said that I bought a share of "elderly wealth management products" that will increase in price.
Some people must want to ask, there are also Chinese players who play in the NBA, so will Americans also pay full pensions to Chinese players?
How much pension do Chinese players receive?
The answer, of course, is that a full pension will be paid!
In fact, the NBA has done a very good job in this regard, treating all players equally, no matter what the international is, no matter what the skill is, as long as you serve for more than three years, you can get an equivalent pension.
So far, there are a total of 6 basketball players in China who have signed with the NBA, but unfortunately, only four of them can get a pension.
Among them, due to various reasons, Sun Yue and Zhou Qi only served for two years, and missed the pension, especially Sun Yue has announced his retirement and said goodbye to the pension completely.
But Zhou Qi, who is in the prime of life, still has a chance, as long as he plays in the NBA for another year, he can get it, although it is very difficult, but there is still hope.
The remaining four can all receive pensions, and the least is Battle, who joined the NBA in the second place, and has only played three seasons and has just reached the threshold of receiving.
He was drafted by the Nuggets, then traded to the Spurs, won a championship in the 02-03 season, and then joined the Raptors and was cut and retired from the NBA in 2004.
Although he only played for three seasons, the pension is also very considerable, if he starts to receive it at the age of 62, he can get 5,000 US dollars a month, more than 60,000 yuan a year, equivalent to more than 400,000 yuan.
Next up is Yi Jianlian and Wang Zhizhi, both of whom have served in the NBA for five years, taking Yi Jianlian as an example.
Speaking of Yi Jianlian, it is very sad, when he was in the NBA, he was injured many times when he had to play, but there were also highlight moments, and he played at the level of the lottery show in his rookie season and 09-10 season.
If you follow the 62-year-old level, you can get more than 8,000 US dollars per month, more than 100,000 US dollars a year, equivalent to nearly 700,000 yuan.
But to say the most powerful is Yao Ming, in 2002, Yao Ming became the NBA champion, and was also the first Asian NBA champion, and was successfully inducted into the Smith Basketball Hall of Fame.
From being drafted by the Rockets in 2001 to retiring in 2011, he has always been a very famous basketball superstar, and even once had the momentum to become the NBA's No. 1 center.
Yao Ming has served in the NBA for a total of nine years, making him the longest Chinese player, and his pension is even more frightening.
If you start receiving it at the age of 62, you can get 16,700 US dollars per month, more than 200,000 yuan a year, equivalent to about 1.38 million yuan.
In addition to pensions, there is also a "401 (K) plan" that allows players to return the money deposited by players with an interest of 140%, but only a maximum of $14,000 per year, which can be said to be a pension.
That is, if you deposit $10,000 yourself, the team will return $14,000 at the retirement age in the United States.
It can be said that the benefits of retired players in the NBA are already very good, and even if they are bankrupt, they can ensure their survival.
What else do you want to know about the NBA......'s pension?
References:
People's Daily client "Yi Jianlian's NBA retirement salary is $1,531 per month, what about other Chinese players?"
However, in order to improve the readability of the article, there may be polishing of the details, please read sensibly, for reference only!
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