How much did Denver Nuggets and the players get in prize money pool as NBA finals 2023 winner

How much did Denver Nuggets and the players get in prize money pool as NBA finals 2023 winner

The NBA does not award any financial compensation to the NBA Finals champion, know the winner prize money

The Player Playoff Pool, however, benefits teams.

The proceeds from the sale of playoff tickets go towards the Player Playoff Pool. While each team makes a contribution to this fund, the prize money goes to the team that makes the most progress.

How much did Denver Nuggets and the players get in prize money pool as NBA finals 2022-2023 winner

A sizeable sum of money is awarded to the team with the league’s best overall record, while smaller sums are granted to the teams with the best records in the Eastern and Western conferences. All clubs who make the playoffs earn an additional lump sum in addition to the money distributed to the top six teams in each conference according to their final rankings.

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As the playoffs progress from that point on, teams have the chance to earn progressively more money. A fixed amount is earned for making it to the second round, a little more is earned for getting to the conference finals, considerably more is earned for getting to the finals, and the biggest reward is earned for winning the title.

  • Best overall record: $777,840
  • Best record in the conference: $1,361,206 ($680,603 each)
  • Second-best record in the conference: $1,094,078 ($547,039 each)
  • Third-best record in the conference: $816,729 ($408,364 each)
  • Fourth-best record in the conference: $641,862 ($320,931 each)
  • Fifth-best record in the conference: $534,822 ($267,411 each)
  • Sixth-best record in the 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

Accordingly, the Nuggets will receive $7,809,925 as prize money.

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Prize money for the 2023 NBA Championship: How much does each player receive?

The distribution of each player’s prize money is more intricate. It would be quite simple to compute if the players were given an equal share of the money. However, teams frequently pay crucial players more than bench players or even coaches. It’s unclear how this is determined. It might be determined by the number of minutes or games or points scored per contest, among many other variables.

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Teams may also assign shares to auxiliary personnel, such as coaches, with no clear indication of how the funds would be divided. In addition, the victorious team receives rings that may be worth money on their own. Depending on the club and season, their value is believed to range from $20,000 to $100,000.

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