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How to make money playing basketball
How to Get Paid to Play Basketball & 10 Best Paying Companies
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Have you ever imagined seeing your name on a club jersey or playing in front of thousands of fans while they cheer you on to play a game that you love?
This article contains a detailed description of how to get paid to play Basketball and 10 companies that pay or help you get paid to play Basketball.
Table of Contents
Why Should You Get Paid to Play Basketball?Basketball is one of the popular sports in the world.
It is popular among college students, as many tertiary institutions own student basketball teams.
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The game has changed the lives of many students and has given them more opportunities to make meaning out of their lives.
The game’s importance isn’t limited to entertainment as it extends to providing multiple benefits.
In addition, as a result of the ridiculous contracts that fetch professional players millions of dollars annually, these players wield much power over political and social situations.
An average professional basketball player has a large impact on public opinion.
Basketball players are rich and find it easy to develop connections with politicians, Hollywood stars, and business moguls who love the game.
6 Ways to Get Paid to Play Basketball
1. Become a Professional Basketball PlayerDuh, right?
That’s the obvious best way to make money playing basketball.
Basketball is one of the most rewarding sports in the world.
It’s not surprising this is the highest-paid sport in the world.
In addition to the millions of dollars they earn a year, professional basketball players earn huge amounts from endorsements and sponsorship.
The reward a professional basketball player gets outweigh the pain they go through in training, so if you are looking for a sport that will bring you good financial returns, maybe you should consider basketball.
Professional basketball players in the NBA get paid 15th of every month, and the majority of these players get direct deposits from their team.
Golden State Warriors ‘ Steph is a good example of what to look forward to if you want to become a professional basketballer.
Currently, he is the highest-paid player in the NBA.
He gets a mouthwatering $40.2 million in salary annually.
As a professional basketball player, you can get as much as $79,000 and as low as $13,000.
The majority of the NBA players’ salaries currently range between $28,500 to $49,500.
However, you have to sign for a big club to get anything close to the figures stated above.
With hard work and some luck, you can make it.
You just need to be optimistic and keep believing in yourself.
2. Become a BookieBasketball is one of the most popular sports globally, and viewers across places bet on their teams to win a game.
Take advantage of the trend and becomes a sports bookie.
Thanks to advancements in technology, you can place a bet or help people place bets from anywhere you are in the world.
However, betting is illegal in some countries or states, so it’s important to understand what the rule says about betting before you go ahead.
There are a lot of sporting bet platforms on the internet; pick platforms that are user-friendly to get started.
Make sure you read the terms and conditions before sending your money to the platform.
In case you have withdrawal issues, you can contact customer care to help you resolve those issues.
3. Start a Coaching CareerSeveral professional basketball players go into coaching after they retire.
Coaching is a great way to make money, influence careers, and make changes in the world around you without being on the basketball court.
You need to acquire a coaching license to fully understand the teaching aspect of the sport.
Start from the bottom, and don’t be hesitant to accept an assistant coach position if you’re offered.
If you think you have sportsmanship spirit, can work with a team, have a positive attitude, show respect, and are good at communicating these attributes, you should consider a career in coaching.
Through coaching, you can influence the younger ones, make a lot of money, and change the lives of those around you by giving them better opportunities through Basketball.
4. Sell Basketball JerseysIn the sports industry, most people focus on buying jerseys from big brands.
But you can also make jerseys for smaller teams and make a lot of money from doing so.
With just $2000, you can start making and selling jerseys to players and fans of your local basketball team.
You can operate from home part-time, and you don’t really need to be physical.
However, you have to get the permission of your local club to sell jerseys to their fans, and you may need to sign a contract to give them some commission before you can use their name or logo.
It is important to work on your marketing so that you can make more sales.
5. Make Basketball Videos “Money follows where the eyeballs go.”
There is a very valid statement.
Video contents are prevalent these days.
YouTube and other relevant streaming platforms have become the new television.
As a basketball player, you can work with famous management companies to make videos or adverts for brands.
The videos may be a solo workout videos showcasing your dribbling skills.
Build up your followers, and that could be your retirement plan.
Posting videos is a great way to increase your chances of making more money as an active or retired basketball player.
6. Report on the Game As a reporter, you will share your opinion on games transactions, conflicts, and stories that the basketball world never ceases to provide.
There is always something happening in the basketball world that requires comment from a third party or a trusted voice.
You are that person that will bring the story to life.
You have the choice of going becoming a reporter or becoming a commentator.
If the NBA is too crowded, try college or high school basketball league.
Don’t limit yourself, be on the lookout for every news and comment.
10 Best Companies That Really Pay You to Play Basketball
1. Propellant Media Propellant Media is one of the leading sports market companies in the USA.
They have grown to become one of the best players in the industry, and they are often considered one of the best choices when it is about engaging prospective customers.
Propellant Media offers unique and excellent expertise to help its clients increase sales in a highly competitive and demanding digital space.
Their headquarters is located at Tech Square Labs, Atlanta, GA.
By working with Propellant Media, they will increase your market worth through different marketing and advertising media.
In addition, to connect Basketball players with big brands seeking to leverage these players’ popularity.
This is a great way to money through the services of Propellant Media LLC without actually doing much work yourself.
In addition, they offer the best programmatic and paid search solutions and cover many sporting activities for various clients.
Click here to check out Propellant Media
2. CAACreative Artists Agency (CAA) is one of the topmost creative agencies for all matters related to sports.
CAA is a prestigious organization and has facilitated contracts worth over 8.5 billion USD for different clients across various industries.
They are very expensive and are into many popular sports such as Basketball, hockey, and football.
Due to their years of experience and reputation, CAA is the most preferred marketing and management agency by most professional basketballers.
They manage the promotions and marketing campaigns of some of the world’s best football and basketball teams.
Their achievements and years of committed service to their clients are indeed a big feather in their cap.
Again, this company has paid $25+ million to members:
SurveyJunkie (only USA, Canada, Australia residents allowed). You can earn money sharing your thoughts. They have already paid $25+ million to their 20+ million members just for sharing their thoughts and opinions. Click here to join SurveyJunkie for FREE
Click here to check out CAA
3. Excel Sports ManagementExcel Sports Management is a company that manages marketing and promotion activities for sportsmen and teams.
Suppose you’re into golf, baseball, or Basketball, and you’re looking for an organization that can help you expand your reach through different marketing activities.
In that case, Excel Sports Management is the place to be.
Jeff Schwartz established Excel Sports Management in 2002 to promote and expand the reach of sports individuals and teams.
This firm is currently sitting pretty with contracts worth $3.4 billion involving different sports teams and personnel worldwide.
Excel management has over sixty NBA players on its roster, and it has famous sports personalities from other sporting areas.
So, if your goal is to be a basketball player with multiple streams of income from other industries outside sport, then you can’t afford to ignore the importance of Excel Sports Management
Click here to check out Excel Sports Management
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4. Relativity MediaRelative Media is one of the leading sports marketing companies.
Established by Ryan Kavanaugh and Lynwood Spinks with its headquarters in Beverly Hills, California, they have taken an aggressive business approach to manage teams and individuals in football, baseball, and Basketball.
They have more than 300 NFL and MLB active players on their roster with contracts exceeding 3 billion USD.
Relativity media ran into some financial and managerial issues some years back.
Still, they have been able to recoup under the new name UltraV Holdings to show the world they are one of the best in the industry.
The management’s resilience to persevere and continue business during the crisis is indeed a great achievement.
Click here to check out Relativity Media
5. Wasserman Media GroupWasserman Media Group is a proven and time-tested company that manages sports contracts and sports marketing activities across different popular sport, including baseball, Basketball, football, and golf.
In 2017, Wasserman Media Group earned over around $114 million as commissions to further solidify its stay in the industry.
They currently provide marketing and advertising services for over 400 clients across different sports.
With new clients being added to the list every year, Wasserman Media Group is here to stay.
They manage big names in the sporting world like Blair Marlin and C J Laboy.
In addition to sporting personalities, they also market coaches and other stakeholders in sport.
Click here to check out Wasserman Media Group
6. OctagonOctagon is one of the youngest and fast-growing sports marketing agencies in the USA.
Since its establishment, Octagon has worked with over 200 renowned players cutting across various sports like hockey, golf, football, and other sports.
Managing the career and perceptions of these sports personalities.
The team is They are also present in other countries of the world.
They are a passionate team of around 800 members headed by Rick Dudley and Phil De Pecciotto (the founder and President) and forging ahead and making a great impact in the sports marketing and advertising industry.
Click here to check out Octagon
7. Largardere Sports and EntertainmentLargardere Sports and Entertainment is a part of the Largardere group.
Over the years, they have successfully penetrated the industry with a special focus on Football, basketball, golf, U.S Team Sports, and various major sports events.
They also manage athletes that take part in the Olympics and other celebrated sporting events.
Their headquarters is located in France, and they have over 1300 employees across the world, led by Andrew Georgiou.
They are one of the few sports and entertainment management companies with a stronghold in some countries across Asia.
8. TLA WorldwideThe Legacy Agency is a well-known and respected sports marketing agency in New York, USA, that renders different sporting services to athletes and sports personalities across basketball, football, golf, baseball, and a few other sports.
They are one of the few companies responsible for building the marketing reputation for NFL and MLB drafts.
The firm is headed by the dynamic and enterprising Gregory B. Genske, the Executive Director and President.
The legacy Agency is known for its strong broadcasting practices.
In addition, they offer coaching services to some professional athletes.
Click here to check out TLA Worldwide
9. SportsStarsSportsStars is a full-service athletic and sports management company that maximizes the potentials of its customers through sports marketing activity.
With over 30 years of rich experience and excellent services, SportStars has greatly contributed to the values of several athletes and sportspersons.
Over the year, their excellent services have helped them remain relevant in a very competitive market.
Click here to check out Sports Stars
10. Priority Sports and EntertainmentPriority Sports and Entertainment is a popular sport marketing agency in the USA that caters to sports like football, basketball, and several other sports.
They are a well-known sports marketing agency though it is not in the big league.
The firm is based in Chicago, Illinois and currently boasts of over 110 renowned sportspersons as their client.
They are dominant in the USA, and over the years, they have been able to establish themselves in some other sports across the globe.
The company is collectively managed by veteran agents Ken Zuckerman, Michael McCartney, and Mark Bartelstein.
Click here to check out Priority Sports and Entertainment
Making Money Playing Basketball FAQs
Do You Get Paid for D1 Basketball?Unlike the professional basketball leagues established to make money, most college sports programs don’t make money, so most of their players don’t get paid.
However, D1 basketball is a good training ground for any player seeking to get into the NBA.
Suppose you play well enough at the D1 level; it’s just a matter of time before you get spotted and signed into an elite club.
In addition, D1 players would need to form a union to fight for their common interests.
This can be a bit technical because the league or school does not employ college athletes, so fighting for their common goal might be a fruitless effort.
Is Basketball One of the Sports That Pays the Most?Yes, basketball is one of the most rewarding sports in the world.
It’s not surprising this is the highest-paid sport in the world.
In addition to the millions they earn a year, professional basketball players earn huge amounts from endorsements and sponsorship.
The reward a professional basketball player gets outweigh the pain they go through in training, so if you are looking for a sport that will bring you good financial returns, maybe you should consider basketball.
Can I Really Get Paid to Play Basketball?Yes, you can.
Professional basketball players in the NBA get paid 15th of every month, and the majority of these players get direct deposits from their team.
Golden State Warriors ‘ Steph is a good example of what to look forward to if you want to become a professional basketballer.
Currently, he is the highest-paid player in the NBA.
He gets a mouthwatering $40.2 million in salary annually.
How Much Do You Get Paid to Play Basketball?As a professional basketball player, you can get as much as $79,000 and as low as $13,000.
The majority of the NBA players’ salaries currently range between $28,500 to $49,500.
However, you have to sign for a big club to get anything close to the figures stated above.
With hard work and some luck, you can make it.
You just need to be optimistic and keep believing in yourself.
ConclusionWithout any doubt, basketball is one of the most lucrative professional sports in terms of payment.
This article contains details on how to get paid to play basketball and different organizations that will help you get paid to do so.
Again, this company has paid $25+ million to members:
SurveyJunkie (only USA, Canada, Australia residents allowed). You can earn money sharing your thoughts. They have already paid $25+ million to their 20+ million members just for sharing their thoughts and opinions. Click here to join SurveyJunkie for FREE
How to Make Money from Basketball
For many of us, the ability to make money off-of basketball is a dream come true. However, there are a plethora of ways to make money off-of basketball that doesn’t only include being a basketball player. Below, we’re going to discuss both these different ways and how to make money from basketball.
Making money from basketball is a dream for many of us. Due to our love of the game, and all aspects of the sport, getting paid to discuss, coach, play, or even ref the game is really a perfect situation. And the old adage goes, do something you love, and you’ll never work a day in your life, definitely holds true for basketball.
However, if you’re not the most adept player on the court or simply lack the basketball skills needed to make it to a professional league, then these are by far the best ways to make money from basketball without needing to be a basketball player.
Coach a High School or College League
Coaching a basketball team is one of the best ways to make money from basketball without being a basketball player. In addition to being directly involved in the sport, you will be able to coach, guide, and mentor younger players on their individual basketball journeys.
While getting into the college game as a coach is definitely more difficult than the high school game, it can be done with some hard work and perseverance. Whether you decide to become a head coach at the college or high school level, there are some prerequisites that you will need to complete beforehand.
Firstly, you will need to have a high school diploma, at a minimum. It is, however, preferred to have a bachelor’s degree from an accredited university. While the degree type is less important, it can be useful to have a specialized degree in physical education, sports medicine, or even exercise science.
Secondly, you will want to back-up your degree credentials with real-world experience. This can be done by either volunteering as a basketball coach for a youth league or as an assistant coach at higher levels and leagues. The advantage of being an assistant coach is that most of the positions are paid.
Lastly, you will want to get certified in your state to coach basketball. Each state has certain regulations required to be certified as a professional coach. You can look up a list of certification offerings by state online through the official USA Basketball website.
Sell Basketball Related Merchandise and Gear
While you may not be licensed to sell authentic NBA jerseys, there are a number of basketball related gear that you can buy and sell online. Utilizing websites such-as Alibaba, you can source material from different manufacturers across the globe and begin selling them online.
While, ideally, you may want to sell your products on your own website, you may also think to sell on such sites as Amazon and eBay. Doing so will give you immediate access to their vast audiences and millions of people flocking to their sites searching for new products.
Again, although you may not be able to sell authentic NBA jerseys and gear, due to licensing issues, you can look to sell differing gear and products which can help other players. In addition, if you have a keen eye for both style and design, you may be able to begin designing NBA gear for both players and fans alike.
Buy and Sell NBA Cards
The card business is booming right now and there are a number of people both buying and selling NBA cards. Taking advantage of retail arbitrage, you may be able to find a low-priced NBA card and flip it for profit on eBay. Although it takes work and time to find these products, as you become more experienced you will learn how to quickly spot a winning trade and can make some decent cash doing so.
Buy and Sell Basketball Shoes
Perhaps even more in demand than cards, basketball shoes have seen hefty demand in recent years. With the rise of sites like StockX and Kixify, you can purchase in-demand basketball shoes from retail and flip them for profit.
Buying and selling basketball shoes is one of the best ways to make money from basketball and is a practice that is unlikely to fade. Since Michael Jordan introduced his iconic Air Jordan IV to the public, sneakerheads have flocked to exclusive releases and the latest basketball shoes.
Basketball shoes, though, are not just meant to be worn. They are a culture all their own and garner big business. So called sneakerheads look to buy and collect the rarest, coolest basketball shoes on the market to add to their ever-growing collection.
And, with sites like StockX, you can determine the exact price of a shoe in moments. If you find a good deal, be sure to pick it up before someone else does.
Host a Basketball Event or Camp
Hosting a basketball event or camp is another great way to make money from basketball. Although not exactly the easiest means, it is a great way to provide basketball lessons and drills to local, interested players.
However, starting a basketball event or camp is hard work. Not only will you be responsible for each player, but you will need to come up with a regimented schedule, ensure proper drills and coaching events, have sufficient space for the players, and provide all players with food and drink during the event.
Start a Basketball Podcast or Blog
One of the best ways to marry your basketball passion with your career, is to start a basketball focused blog or podcast. With the rise of the internet and the ease of setting up a website, more and more individuals are beginning to jump online and write about their basketball experiences.
In fact, we’ve written an entire article on how to start a basketball blog or website!
If you’re less skilled with the written word, though, you may want to consider starting a basketball focused podcast. Podcasts have made a renewed comeback in recent years and are a great way to discuss your love and passion for the game with others across the globe.
When it comes to making money, it definitely won’t happen overnight with either the blog or the podcast. Rather, as you build an audience and begin to see traffic to your website or podcast, you will be able to place ads on both.
Advertisers are always looking to reach basketball and sports enthusiasts and your site will definitely attract high paying advertisers if done right.
In addition, as your blog or podcast grows, you can begin selling custom merchandise and gear to your fans. Not only will this help you make more money in your basketball focused endeavor, but you will also learn the ins-and-outs of the manufacturing process.
Basketball - a game for those who know how to make money right - Voice of Sokalshchina
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Teenagers make money playing high school basketball
Bryson Warren is probably one of the few teenagers you'll meet whose high school job brings in a guaranteed six-figure income.
17-year-old Warren is among the first high school athletes to join Overtime Elite, a New York-based company that recruits and pays some of the world's top high school and teen basketball players to play at its club. academy in Atlanta.
Overtime athletes attend classes and prepare for graduation. They compete against each other and other high school basketball teams from across the country. They also offer a base annual salary of at least $100,000 for each student-athlete, with on-court performance bonuses potentially pushing that figure up to $1 million.
Bryson Warren, a 17-year-old professional high school athlete, plays basketball at the Overtime Elite Arena in Atlanta.
Source: Overtime Elite
For Warren, who grew up near Little Rock, Arkansas and was ranked by ESPN as the 14th best high school basketball player in the US in his age group, the attraction was clear. He and 26 other student-athletes in Overtime jump at a rare opportunity to make big money as high school athletes while they work to make an even bigger leap in the NBA.
“Not many 17-, 18-, 19-year-olds can say they made at least $100,000,” Warren told CNBC Make It. "We just get a head start in life just by playing the game we love."
What is overtime elite?
Overtime, founded in 2016 by Dan Porter and Zach Weiner, a pair of WMA talent agency alumni, is an experiment in both sports and entertainment.
The league, which started its first competitive season last year, is streaming games live and sharing the best player moments to Overtime's millions of followers on Instagram, TikTok and YouTube. According to Overtime, content created featuring teen athletes like Warren is viewed more than 18 billion times a year online.
Overtime has also raised over $100 million from investors including Jeff Bezos' investment firm, rapper Drake, a host of NBA stars including Kevin Durant and Carmelo Anthony, and Silicon Valley venture capital firm Andreessen Horowitz.
The league declined to share revenue information with CNBC Make It, but noted that the company also makes money from streaming content, merchandise sales and sponsors, including State Farm, Gatorade and Topps card company.
Aaron Ryan, the company's president and commissioner and former NBA marketing director, says the league is reinvesting some of that money in its players.
“We primarily cover food, lodging, transportation, and all costs associated with participating in the program,” he says. “But also a bonus for performance, as well as capital in our company, which is commensurate with what every other employee receives in overtime.”
Ryan says the league is also offering each player $100,000 in college tuition if they decide not to play sports as a full-time career. The scholarship is purely academic in nature: overtime players are ineligible to play college basketball as their salary makes them "professional" athletes.
That's why Overtime also spent money on a basketball operations team led by former Sacramento Kings assistant general manager Brandon Williams that could compete with most major college programs. The coaching staff is led by former NBA player and University of Connecticut coach Kevin Ollie and includes former NBA player Ryan Gomez and former University of Virginia coach David Leitao.
These names help Overtime attract top teens from around the world: According to The Athletic, Overtime's current roster of 27 players includes at least eight athletes who were previously five-star college recruits.
Warren was one such recruit. Signing with Overtime meant turning down offers from sports programs like Kansas, Maryland, Auburn, Georgetown, and Oklahoma.
"Almost every sentence you can think of," he says with a smile.
A Day in the Life of a Pro High School Athlete
Warren spends most of his time at the 100,000-square-foot Overtime facility in Atlanta, which is an all-in-one arena, training facility, residence hall and boarding school.
Nearly every morning at 6:15 am, he is picked up by an overtime sports coach to spend about 90 minutes in the gym before going to a three-hour basketball practice on the court with his teammates. After lunch, according to Warren, players head to the Overtime classes until around 4:00 pm.
Overtime Academy is an accredited institution with certified educators that allows student athletes to earn a high school diploma rather than a GED and begin college courses. Warren says it's a typical school curriculum that includes "mathematics, English, science or biology with social studies." [and] history".
Warren says he particularly enjoys "financial literacy" classes, which teach student athletes the finer points of signing professional contracts, questions to ask agents and consultants, and how to practice responsible spending.
“They teach us who to have in our circle [of friends and family] and all that, just to keep your circle small,” says Warren. [Six-time NBA All-Star] Tony Parker came and talked to us. [and] he told us that it's not about who you say "Yes" to, but who you say "No" to.
After class, student athletes usually either go back to the gym or to the basketball court for some more practice, “and then the rest of the day is up to you,” says Warren.
Chasing His NBA Dream
Without overtime, Warren would be currently completing his junior year of high school and likely receiving intense recruiting offers from established college basketball programs. But if Warren feels like he's missing something by choosing overtime over college, he doesn't show it.
See also
Right now, he says, he's focused on getting into the NBA. His high scores on rating sites such as ESPN indicate that he has a good chance of getting there. “My goal when the program ends is definitely to get drafted. [in the NBA] he says. "It's a common goal."
Warren also says he dreams of using his basketball success to positively impact his community. He says he respects LeBron James for what James has done off the court, including opening a public elementary school in James' hometown of Akron, Ohio, where students have a chance to earn free tuition at the University of Akron.
“Not everyone does it, but he is willing to give and open a school for free,” says Warren.
Warren is already contributing part of his overtime salary to the local co-ed AAU basketball team in his Arkansas hometown, helping to support children in 2nd through 6th grade.