The National Basketball Association is the world’s highest paying sports league. The key to earning big salaries is winning championships.
1. Lebron James – $30.96 million
James has become the star of the NBA since Kobe Bryant’s decision to retire. Cleveland believes Lebron James’ return to Cleveland was worth $500 million, even without a championship. In 2016, James earned the maximum: $100 million over three years. Lebron is expected to redo his contract in 2018.
2. DeMar DeRozan – $26.54 million
Toronto Raptor’s top scorer DeMar DeRozan has earned his salary with the team, while also playing a small role on Team USA’s team this summer who brought home a gold medal. The Raptors have struggled to keep players from leaving including Vince Carter and Chris. DeRozan reached a deal with Toronto for $137.5 million over five years.
3. Russell Westbrook – $26.54 million
With the exit of Kevin Durant, Westbrook has become the leader of the Oklahoma City Thunder, where he has become a leader is triple-double’s and is a top contender for becoming MVP this season. Westbrook reached a deal with Oklahoma for $85.7 million spread over three years.
4. Mike Conley – $26.54
Memphis Grizzlies point guard Mike Conley reached a deal worth $153 million over the next five years. Conley has been a star point guard for the Grizzlies but has failed to make an All-Star team in the last nine seasons. Conley has averaged 13.6 points and 1.5 steals every game for his entire career heading into this season.
5. James Harden, $26.54 million
Other than Steph Curry, James Harden is the best scorer in the NBA. Harden managed to score 29 points-per-game last season. Harden has been criticized for playing selfishly but the Rockets appreciate his performance. Harden reached a four-year deal worth $118 million. Harden reached career highs last season with 29 points per game and was the top leader in minutes
6. Kevin Durant – $26.54 million
Kevin Durant just became the Golden State Warriors new hope for this season. Just days after the NBA Finals, Durant inked a $54.3 deal for two years, but also has the option to leave Golden State if things go south quickly. Durant left Oklahoma City for the Golden State bringing with him, four league scoring champion titles.
7. Al Horford – $26.54 million
Al Horford was an Atlanta star before moving to Boston where he signed a four-year, $113 million deal with the Celtics. Horford has reached a career high of 18.6 points and 10 rebounds per game.
8. Dirk Nowitski – $25 million
Dallas Maverick star Dirk Nowitski has become the team’s greatest player ever. He is entering his 19th season and just reached a two-year deal for $50 million. Nowitski is a shoe-in for the NBA Hall of Fame.
9. Carmelo Anthony – $24.6 million
Carmelo Anthony has been with the Knicks since 2011 and has signed two deals earning him $138 million, yet has only produced one playoff series victory. Carmelo enters the new season, after winning a third Olympic gold medal. Carmelo will now have a few new faces to work with including Derrick Rose and Joakim Noah.
10. Damian Lillard – $24.33
Lillard enters the new season as a two-time NBA All Star and is a heavy favorite to become league MVP. Portland has paid $120 million to keep him until 2021. Lillard was a star during Portland’s playoff run, where he averaged 26.5 points, 4.3 rebounds and 91% free throw shooting.
Talking about trade, most people would refer it as of equal value. Though, it is by far different according to the trading mechanics and procedures involved. NBA history depicts otherwise. The teams administer some of the most uneven trades in the history of sports. The lopsided trades in basketball history have come a long way that it has influenced other sports trading including the NCCA Tournament March Madness.
Speaking of the March Madness game, the bets are staggering high due to the extent of the coverage of the trading. It covers over different states and involves different people betting on every game. The bets are coming from various resources and business sides. There is also a legal trading, and there is this illegal. This doesn’t include yet the betting system online.
It is definitely hard to determine the exact or total amount that has been wagered on the NCAA Tournament March Madness. However, I was able to gather some important figures on the total amounts of what was bet on from the previous years to the present. This is based on the research I’ve done and what I could figure out.
To make it easier for your reference, I have listed the top 5 lopsided trades in the March Madness particularly in the Las Vegas Sportsbooks Performance from 2012 to the present.
• 2012 March Madness Overall Bets
For this year, there was over $12 billion total of bets for the NCAA March Madness which is way bigger than the Super Bowl of $10 billion. However, for the total bet made in Las Vegas, it was recorded to be about $230.9.
A couple of years earlier, the total amount of bets given by one site was around $263.8 in 2010, and then a year after, 2011 the gamblers bet on a total of $256.6.
In Las Vegas, the total amount wagered in 2010 was $211.2 and $205.2was the overall amount of bets a year after.
• 2013 March MadnessOverall Bets
In 2013, there was notably around $831 million generated from the bets. This 2013 tournament has led to great revenue of earnings of up to $2 billion. Las Vegas has gathered a total amount of $259.4 wagered for the March Madness game.
• 2014 March Madness Overall Bets
It was reported that this was highest dollar amount spent on basketball bets in the history of Nevada’s state for NCC Tournament. The total bet that was recorded for this year was about $375.5 million. Additionally, Las Vegas has collated $274.8 wagered amount.
• 2015 March Madness Overall Bets
The total amount put down for this year was around$262.9 million recorded on the other site I checked. This value is the legal bet made in Nevada Casinos alone. The American Gaming Association, a national trade grade for US casino industry has predicted this earlier. It was told that there was nearly a $150 billion of total bets from the illegal betting for this year’s March Madness games.
• 2016 March Madness Overall Bets
Americans put down a total amount of $9.2 billion only for this tournament. So, when I tried to get the estimated amount of bet for every adult that would be around $38.
I have determined these values together along with the several websites I have reviewed. Most of these amounts that have been wagered for the March Madness NCCA tournament were provided by the other senior research analyst. The amounts mentioned above are coming from the legal side of trading and not from that of the black market.
The NFL is a big-money league that pays its finest players money most fans can only dream of. This article is the story of a few players who are making the most money in the league, and the names will not surprise the avid fan. Casual fans may learn quite a bit as they review the state of contracts in the NFL, how they are written and how much money players wish to make upfront.
#1: A Few Players Fans Might Not Know
A list of the fifteen highest-paid players in the NFL begins with:
- Trent Williams
- Cameron Jordan
- Luke Kuechly
- Olivier Vernon
The first four men on the list are often forgotten because they do not play premiere positions. Jordan, Williams and Vernon are workhorses on their respective teams, and only Luke Kuechly is known for his superstar qualities. Some of the highest-paid players in the league are paid so much because they are necessities instead of stars.
#2: Julio Jones, Drew Brees And AJ Green
Julio Jones had a 300-yard receiving game. AJ Green is one of the best skill position players in the league, and Drew Brees will waltz into the hall of fame on his first ballot. Each of these men earns the money paid in his contract, but each contract is loaded with incentives and signing bonuses. Players in the NFL who make large sums of money typically receive a pro-rated signing bonus, and their base salary is relatively low.
#3: Marcell Dareus
Marcell Dareus plays for the Buffalo Bills in a market where he is not seen often. He is one of the best defensive players in the league, and he is paid as such. His performances in Buffalo are missed by viewers because the team is buried in the TV schedule, but he keeps the Bills in many of their games with his skill. He is paid well because he is a talent the Bills are lucky to have and wish to keep.
#4: Philip Rivers, Russell Wilson and Tom Brady
Three quarterbacks sitting near the top of a highest-paid list is not at all surprising. Each quarterback is essential to his team’s success, but fans may argue that Philip Rivers is overpaid as the Chargers are not successful. The franchise in San Diego does not do well by Philip, and there are instances in which quarterbacks are hall of fame talents stuck on bad teams. Archie Manning comes to mind
#5: Joe Flacco And Eli Manning
Joe Flacco and Eli Manning are highly-paid because they have Super Bowl rings on their fingers. Eli Manning has two titles, and Joe Flacco beat the 49ers in the Super Bowl. These two men were paid shortly after their wins in the Super Bowl, and they propel their teams forward every season. They are leaders who garner high praise and pad their stats every season. It is difficult to ignore how much they mean to their teams, but they have not deferred any money for other parts of the roster.
#6: Cam Newton
Cam Newton is the highest-paid player in the league at present because he is the MVP and leads the team emotionally. He is a young man who has burst onto the scene with quite a lot of passion for the game, and he shows that passion as he plays. Paying Cam Newton is a profitable exercise for the Panthers as they seek another Super Bowl berth.
These men all deserve the money they are paid as they lead their teams to great success in the NFL.
Betting on sports has been around for years. Today the process has reached new heights, as fans can place bets using the internet from the comfort of their own homes. The number of sports and events that fans gamble on is long, with the NFL being right at the top of that list. No single event is bigger than the Super Bowl when it comes to gambling. The biggest sporting event of the year, the Super Bowl has a history of bringing in a large number of bets. The amount of money bet on this game, both legal and illegal, is much more than most people realize.
The Super Bowl is a global event, therefore betting on this event takes place worldwide. According to the Nevada Gaming Commission, this single event has as much or more gambling done on it as the entire NCAA basketball tournament. The amount bet on the Super Bowl appears to increase with each passing year. More money was bet in Nevada on Super Bowl 50 than any other Super Bowl. In 2016 there was an amazing $132,545,587 bet on the Super Bowl. The majority of bets favored the Panthers and the over, the Broncos winning/covering against the spread and the total staying under which was the ideal situation for books. The final result lead to a total combined return of 10.1% or $13.3 million.
The amount of money wagered on the Super Bowl has increased with nearly each passing year. In 1991, the amount wagered on the game was just a little over 40 million with the return being about 8%. Fast forward to 2004, and the wagered amount has more than doubled to more than 81 million dollars with a 15% return. As a matter of fact, since 1991, the amount wagered has only dropped twice, 2007-2008 and 2008-2009. It is interesting to note these were years of financial crisis in the United States. Things quickly fixed themselves. The last three Super Bowls have each had well over 100 million dollars in wagers.
Of course this is legal betting. There is a lot of illegal betting that goes on each year surrounding the Super Bowl. In 2015 the Super Bowl saw more than three and a half billion dollars in wagers placed. These wagers were mostly illegal in nature. Some experts estimate that there is nearly 40 times more illegal betting done on the Super Bowl each year. AGA estimates that even more illegal gambling was done with last years Super Bowl between the Panthers and Broncos. Approximately 4.2 billion dollars was wagered illegally according to AGA. It’s clear that current betting laws are not scaring off potential gamblers as the numbers appear to increase year to year.
Clearly the Super Bowl is the most sought after event for gamblers. With each passing year the amount wagered increase by both legal and illegal methods. Although sports in general produces a large number of gamblers, no event can quite compare to the height of the Super Bowl.