Take Stephen Curry. This past season he made $12.1 million, a salary smaller than 81 other players. But Curry's bargain contract is now up and under the new collective bargaining agreement, he is eligible for a contract worth approximately $203 million over five years. While his salary would be close to $35 million in the first season, it would gradually increase and reach approximately $47 million in Year 5.
This new world order of NBA contracts is due to the skyrocketing NBA salary cap. Thanks to big bumps in television revenue, the cap has more than doubled in 12 years and jumped nearly 30% just in the last two seasons, to a projected $99 million next season.
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