Ben Simmons is set to earn about $US500,000 ($A688,500) per game in the final year of his NBA contract after his All-NBA Third Team selection granted him a bigger slice of the Philadelphia 76ers' pie.
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The second Australian to earn the honour after Andrew Bogut's selection in 2010 when playing for the Milwaukee Bucks, Simmons' accolade means the 76ers are compelled to bump his pay from 25 per cent to 28 per cent of the salary cap.
Assuming the cap remains unchanged, it would boost the 24-year-old's earnings over five years from $US158 million ($A217m) to $US177m ($A243m).
In his final year alone he is due to earn more than $US40m ($A55m) across an 82-game regular season.
Simmons averaged 16.4 points, 7.8 rebounds, and eight assists this season, becoming the first Australian named in the NBA's All-Defensive First Team with top three finishes in steals, deflections and loose ball recoveries.
But he didn't feature in the post-season due to a knee injury, the 76ers' meek finals exit followed by the sacking of coach Brett Brown who is due to coach Australia's Boomers at next year's Olympics.
Simmons and fellow All-Star Joel Embiid have been declared part of the 76ers' future by a front office yet to make any further moves.
But the Australian's pay rise further complicates matters for a team in transition, given it will require them to pay a luxury tax and potentially encourage further trades to create financial flexibility.
Rather than celebrate, Simmons snapped a photo of himself in the gym on Friday, captioned "no vacation, don't deserve it".
Simmons, a late withdrawal from last year's World Cup, has indicated he would chase a maiden Olympic medal with the Boomers before Tokyo's 2020 Games were postponed.
Australian Associated Press