Introduction
Stephen Curry is one of the most recognizable names in the NBA. The three-time NBA champion has been a staple of the league since he was drafted in 2009, and his impact on the game has been undeniable. As a result, it’s no surprise that Steph Curry has earned a significant amount of money over the course of his career. In this article, we’ll take a look at how much money Steph Curry makes and examine the details of his current contract. We’ll also explore the financial benefits of having a successful career in the NBA and analyze Steph Curry’s earning potential.
A Look Into Steph Curry’s Salaries Over the Years
When Steph Curry entered the NBA in 2009, he signed a four-year deal with the Golden State Warriors worth $12.7 million. During his time with the Warriors, Curry signed a handful of contracts, including a five-year extension in 2012 worth $44 million and a four-year extension in 2017 worth $201 million.
It’s important to note that Steph Curry’s salary is not just based on the contracts he signs. He also earns additional income from endorsements and investments. According to Forbes, Steph Curry made $37 million in 2019 alone, with the majority of that coming from endorsements. He has endorsement deals with Nike, Under Armour, Brita, and Chase Bank, among others.
How Much Money Does Steph Curry Make?
In 2017, Steph Curry signed a five-year, $201 million contract with the Warriors. This deal made him the highest paid player in the NBA, surpassing LeBron James’ previous record of $153 million. According to Spotrac, Steph Curry’s current contract pays him an annual salary of $40 million, plus bonuses.
Curry’s contract includes a 15 percent trade kicker, which means if he were to be traded, he would receive an additional 15 percent of his remaining salary. Additionally, Curry has a 15 percent agent fee, which is higher than the standard 4 percent agent fee for NBA players.
The Financial Benefits of Being an Elite NBA Player: Examining Steph Curry’s Earnings
One of the biggest benefits of being an elite NBA player is the potential for high earnings. According to the National Basketball Players Association, the average NBA salary in 2020 was $7.7 million. However, the top 10 players in the league earned an average of $35 million. This number is even higher for superstars like Steph Curry, who have the potential to earn upwards of $40 million per year.
Curry’s success on the court has enabled him to sign lucrative endorsement deals and invest in other businesses. According to Forbes, Curry earned more than $30 million in endorsements in 2019. He has also invested in companies such as Rubicon Global and HomeCourt, a basketball training app.
Breaking Down Steph Curry’s Salary by Year
Since entering the NBA in 2009, Steph Curry has seen his salary increase significantly. In his rookie season, Curry earned $2.5 million. By 2013-14, his salary had increased to $10.6 million. After signing his five-year, $201 million contract in 2017, Curry began earning $40 million per year.
Curry’s yearly salary has also fluctuated due to injury and performance. For example, in 2018-19, Curry missed a significant portion of the season due to injury and only earned $37.5 million. Similarly, in 2019-20, Curry earned $43 million, despite missing the majority of the season due to a hand injury.
Analyzing Steph Curry’s Contract and What it Means for His Earnings
Steph Curry’s current contract with the Warriors is the largest contract in NBA history. The deal is structured so that Curry will earn $45 million in the first two years, followed by three years at $43 million each. Additionally, Curry has a 15 percent trade kicker and a 15 percent agent fee.
This contract gives Curry the security of a long-term deal and the flexibility to negotiate a new contract if he desires. It also allows him to earn a significant amount of money without the risk of being traded or released. Finally, Curry’s contract gives him the opportunity to make additional money through endorsements and investments.
Conclusion
Since entering the NBA in 2009, Steph Curry has gone from a relatively unknown rookie to one of the most recognizable faces in the league. His success on the court has enabled him to sign lucrative contracts and secure endorsement deals. His current contract with the Warriors pays him $40 million per year, plus bonuses, making him one of the highest paid players in the NBA. Additionally, his contract gives him the security of a long-term deal and the flexibility to negotiate a new contract if he desires. Through his success on the court and his savvy business decisions, Steph Curry has built a career that is both financially successful and historically significant.
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