What is 'Liability' A liability is a company's financial debt or obligations that arise during the course of its business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods or services.
The Minimum Annual Salary for an NBA player varies from year to year and depends on how long they have been playing in the NBA. The minimum for a 10 year veteran is far different from the minimum salary for a rookie. The minimum rookie salary in the 2010 - 2011 season is set at $473,604 USD.
52 NBA Players Who Make More Money Than Every Player In The WNBA Combined. The WNBA is estimated to pay a total of $10.3 million in salaries, or roughly 1/3 of Kobe Bryantâs current salary.Lindsey Adler. BuzzFeed News Reporter.tâs important to note that the WNBA, unlike the NBA, forbids publicly disclosing the details of a playerâs contract/salary. The WNBA consists of 12 teams with 12-player rosters and a minimum salary of $37,950. The maximum (for players who have played at least six seasons) is $107,000.