The National Basketball League famously called the NBA, is one of the biggest sporting leagues in the world. A total of 30 teams compete against each other for months, with equal distributions of matches among them. Out of the 30 teams, 16 qualify for the playoffs and fight for the NBA championship.
Every team consists of a minimum of 13 players, which includes young players, the best of the game, and veteran players. All of them are signed by the team under a contract that has a certain minimum value. This article is about NBA veteran players and their minimum contract value. So, let’s not wait any longer and learn about the explanation below.
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NBA Veteran Minimum Explained
Before knowing what the veteran minimum means, let’s know who can be recognized as a veteran. An NBA veteran is someone who has competed in the league for more than 10 years. Whether he represented one team or five teams in his career, if he has competed in the league for 10 or more years, he is an NBA veteran.
Now, let’s come to the NBA veteran minimum. An NBA veteran minimum is a certain amount of capped numbers set by the NBA, which should be the minimum contract value of a veteran player.
During the 2021–22 season, $2.6 million was capped as the veteran minimum value for the contract. The reason is that if a player has given his everything for the game and during his career-ending stage, he should be underpaid. It is a form of respect given by the NBA to its veteran players who have given the best for their team and the league.
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