An insane amount of money was spent on the first day of NBA free agency.
According to Jeff Siegel, over $3 billion was handed out in new money to players when free agency opened up Sunday night. (RELATED: Kevin Durant Will Sign With The Brooklyn Nets For $164 Million, Kyrie Irving Will Get $141 Million)
It looks like we’re finally done for the night. 45 new contracts, 3 extensions, $3.11 billion in new money to be paid out by teams. What a day.
— Jeff Siegel (@jgsiegel) July 1, 2019
My friends, that’s a mind-boggling amount of money. NBA players are truly living in the golden era of contracts for their sport.
We’re talking about billions of dollars being handed out in a single night. NFL players don’t even get fully guaranteed contracts, and NBA stars are getting billions spread out across the league.
Life sure must be nice if you’re a professional baller. It shouldn’t be too hard to put food on the table with money falling out of the skye like this.
Lillard by himself got nearly $200 million in new money.
Outside of Kawhi and a couple other moves, it seems like free agency has pretty much slowed down, which means we might not see the dollar amount increase much more.
Still, hitting the $3 billion mark in the first day is insane. Business is booming for NBA athletes right now.