The 2023 NBA Finals is in its final stages with the Nuggets and the Heats currently playing the final seven-game series, find out the winner prize money breakdown, and how much the winners will receive
The Nuggets and Heats are the final two teams competing for the 2023 Larry O’Brien Championship Trophy.
NBA Finals winner 2023 prize money breakdown and how much do players earn for winning
BACK TO MIAMI 🗣
The #NBAFinals presented by @YouTubeTV are tied at 1-1!
Game 3: Wednesday, 8:30 PM ET on ABC pic.twitter.com/PFcNT8xOpN
— NBA (@NBA) June 5, 2023
THE HEAT TIE UP THE FINALS HEADING TO MIAMI 🌴 @MiamiHEAT | #NBAFinals pic.twitter.com/aQXUyOvw4i
— ESPN (@espn) June 5, 2023
Aside from winning the exciting trophy, the players from the winning team will receive a prize money from the Player Playoff Pool. The rest of the teams in the playoffs also get to win a certain amount based on how far they make it into the competition.
2023 NBA Finals winners prize money breakdown
The prize money for the NBA winners in not fixed, with the money usually coming from the Player Playoff Pool. The Player Playoff Pool is a funds pool usually made up of playoff ticket sales. Every team in the competition that enters the playoffs receives some portion of the total pot depending on how far they advance in the postseason.
Several teams stand to receive a cash prize from the total prize money based on how well they perform or how far they make it into competition. The team who has the best overall record in the NBA will win a certain sum of money while the teams with the best records in each conference will also receive a smaller sum (East and West).
The top six teams in each conference will also receive a payout based on their final standings. Meanwhile, all the teams that enter the postseason will also receive another lump sum. From there, each team will progressively earn more money depending on how far they make it into the playoffs.
Given below is the full prize money breakdown:
Best overall record | $777,840 |
Best record in conference | $1,361,206 ($680,603 each) |
Second-best record in conference | $1,094,078 ($547,039 each) |
Third-best record in conference | $816,729 ($408,364 each) |
Fourth-best record in conference | $641,862 ($320,931 each) |
Fifth-best record in conference | $534,822 ($267,411 each) |
Sixth-best record in conference | $364,782 ($182,391 each) |
Teams participating in first round | $6,439,658 ($402,479 each) |
Teams reaching the conference semifinals | $3,831,216 ($478,902 each) |
Teams reaching the Conference Finals | $3,165,594 ($791,398 each) |
Losing team in the NBA Finals | $3,164,731 |
NBA Champion | $4,775,940 |
As such, if the Nuggets win this season, they will win a total payout of $7,809,925. Meanwhile, the Heat will receive $6,448,719 if they win.
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