NBA Spending Habits

Any NBA player has the annual salary to support a taste for the finer things in life. And according to new data on player spending habits, most of them aren't afraid to treat themselves, at least to some degree.

According to data gathered by the San Francisco Chronicle, a sampling of 50 NBA players' spending habits found that the average player spends about $42,000 per month -- $500,000 per year.

The data was compiled by Personal Capital, a firm that manages the wealth and spending of those athletes, and it's pretty interesting stuff. The most common area of spending, for example, was clothing, which drew 11 percent of players' overall spending.

That might not seem crazy as a percentage of overall spending, but consider the lump sum that represents: for the average player, that's $55,000 on clothes in a year, more than what the average U.S. middle-class family makes in a year.

Automotive was next at 9 percent, followed by travel at 8 percent. Restaurants and charitable giving were tied, at 7 percent.


One important note: The figures don't account for certain savings funds, such as pensions and 401(k)s the players have with their companies. It's also a relatively small sample size of all NBA players, so it's hard to hold those figures up as representative of the entire league.

Nevertheless, they offer a glimpse into the spending habits of our favorite, filthy rich NBA stars. You can assume the numbers for guys like LeBron James, Stephen Curry and Kevin Durant are much higher.

We'll see how those numbers change after the impending salary cap increase floods the league with new player income. Do they make tuxedos out of solid gold?

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