Who was the first NBA player to earn a million dollars a year in salary?

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First Million Dollar NBA Player

The first $1 million salary for one year was Moses Malone in the 1978-79 season. He was paid exactly $1 million. This was when Bird and Magic were the two best players in college and Jordan was in high school. In the mid-70s, top players like Julius Erving and Kareem Abdul-Jabbar were making between $300,000 and $700,000 per year.

Maravich never signed for $1 million per year. He signed a multi-year deal for $1.6 million total.

The year Magic and Bird got to the league (1979/80), only 12 players made $500,000 or more. Malone was the only $1 million player. Kareem was next with $825,000. Others were (in order): David Thompson (750), Larry Bird (650), Marvin Webster and George Gervin (600), Julius Erving (580), Bob McAddo (525), and Magic, Bob Lanier, Norm Nixon, and George McGinnis (all 500).

First answer by david cahill. Last edit by Chicago76. Contributor trust: 12 [recommend contributor]. Question popularity: 161 [recommend question]

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