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How much extra money Knicks players make for winning NBA championship
For their first NBA championship in 53 years, the Knicks will also get a bump in their bank accounts.
Per Sportico’s Kurt Badenhausen, each player on the Knicks will earn an additional approximately $770,000 for winning the title.
The team share for winning the NBA Finals is $9,078,000, and this will be split amongst the team.
As Badenhausen pointed out, the added money is huge for players on the team with lower salaries. Jeremy Sochan has the lowest salary on the team of those not on two-way contracts with $806,000. Mohamed Diawara makes $1.3 million and Jose Alvarado makes $1.7 million.
The franchise will also receive $471,000 for finishing as the third seed in the Eastern Conference this season, alongside bonuses for going through the first round, the conference semifinals and the conference finals.
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