Ben Simmons Current NBA Salary and Contract
Ben Simmons earned an annual salary of 33.1 million dollars during the 2023-24 NBA season, according to his contract with the Brooklyn Nets. His salary is guaranteed through the 2026-27 season, with a player option for 36.6 million dollars in the final year. The contract structure includes a full no-trade clause and standard incentives tied to games played and All-Star selections. You can view the latest contract details on Spotrac.
The Brooklyn Nets acquired Simmons in a sign-and-trade deal with the Philadelphia 76ers in February 2022. The trade sent Simmons, Seth Curry, Andre Drummond, and a 2022 first-round pick to Brooklyn in exchange for James Harden and Paul Millsap. The total value of the deal is approximately 104 million dollars over four seasons, making him one of the highest-paid players on the Nets roster. His cap hit for the 2024-25 season remains at 33.1 million dollars.
Breakdown of Ben Simmons Earnings and Income Sources
Simmons primary income source is his NBA salary, which accounts for the vast majority of his annual earnings. His base salary for the 2024-25 season is set at 33.1 million dollars before taxes and deferred compensation. The contract also includes standard NBA guaranteed money protections, ensuring he receives his full salary even if he is sidelined or traded.
Endorsements and Off-Court Income
Beyond his NBA salary, Simmons has earned money through endorsement deals with major brands. He has been featured in campaigns for Nike and other sportswear companies, though the exact annual value of these deals is not publicly disclosed. His net worth is estimated to be over 100 million dollars, combining his NBA contracts and business activities. You can read more about his career earnings on Forbes.
Comparison of Ben Simmons Salary to Other NBA Players
Simmons 33.1 million dollar annual salary places him in the top tier of NBA earners for the 2024-25 season. His salary ranks higher than many All-Stars, though it is below the league maximum set by the collective bargaining agreement. The salary cap for the 2024-25 season is 1.406 billion dollars, with the luxury tax threshold at 1.779 billion dollars.
When compared to other high-profile Nets players, Simmons salary is among the highest on the roster. His earnings are comparable to other star players with similar career lengths and accolades. The NBA salary scale is heavily influenced by years of experience and draft position, which is why Simmons command such a high annual salary. You can check the latest NBA salary data on Basketball-Reference.