Don't miss the crucial news and insights you need to make informed legal decisions. [59] Gobert signed a five-year extension with the Utah Jazz in the 2020 offseason, but chose not to take the full supermax of $228 million, instead opting for $205 million to give the team more cap room. Prior to an arbitrator ruling in June 2012, all players that were waived and changed teams lost their Bird rights. Never had a passion for tech but the comp was good, why not? General counsel salaries stagnated and bonuses slumped amid the COVID-19 pandemic and an unprecedented year of upheaval. [82] The deadline was March 23 during the lockout-shortened 201112 season.[17]. Exhibit 10 can be used only in one-year, non-guaranteed contracts for the minimum NBA salary, with no bonuses except for an "Exhibit 10 bonus" of $5,000 to $50,000. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Teams that go above the luxury tax cap are subject to the luxury tax (a tax on every dollar spent over the luxury tax cap). NBA employees earn $55,000 annually on average, or $26 per hour, which is 18% lower than the national salary average of $66,000 per year. Defines corporate vision and strategy establishes company direction and focus. Salaries of two-way players are not included in salary cap calculations. The contract is also commonly called "The Supermax". Barnard Construction Inc. -
In the first season, repeat offenders from in all previous three seasons paid a stiffer tax rate; from 2015 to 2016 thereafter, teams paying taxes in three out of four years are subject to the higher repeater rate. 3 salaries (for 3 job titles) Updated 8/12/2022. If the original team matches, and has enough cap space to absorb the average annual salary of the offer, it can choose to take cap hits of either the actual contract payouts or the average of the contract in each season. Sign-and-trades are a reality in the NBA because of the CBA's rules: unlike baseball, where teams losing free agents are compensated with draft picks or cash, NBA teams that lose free agents receive no compensation. A restricted free agent finishing the fourth season of his rookie scale contract can accept a maximum qualifying offer. The only exception is for free agents who made the minimum salary in the previous season; if the league reimbursed the team for a portion of his salary in the last season of his contract, the reimbursement is not counted in the cap hold. The players signed to such deals benefit by receiving a considerably higher salary than other G League players while in that league, as well as earning a prorated share of the NBA minimum rookie salary for each day they are with their contracted NBA team. Sign up to get ProPublicas biggest stories delivered straight to your inbox. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. In essence, the Larry Bird exception allows teams to exceed the salary cap to re-sign their own free agents, at an amount up to the maximum salary. Executive Vice President and Deputy General Counsel Chris Russo Senior Vice President, Chief Real Estate & Facilities Officer Ramez Sheikh Managing Director, NBA Asia Lesley Slaton Brown. Recently searched related titles:
[7][8], NBA Salary Cap in 2016 USD (Inflation rate through May 2016)[10][11], Unlike the NFL and NHL, the NBA features a so-called soft cap, meaning that there are several significant exceptions that allow teams to exceed the salary cap to sign players. The duties of the Executive Committee (EC) include but are Representatives is comprised of one player representative [61], Shortly thereafter, James Harden agreed on a DVPE with the Rockets. 50 salaries $121K Low $205K Average $350K High Additional Cash Compensation Average : $64,720 Range : $12,778 - $327,796 How much does a General Counsel make? The provision in the 2017 CBA that allows teams to create Designated Player contracts for their own veteran players, officially known as the "Designated Veteran Player Extension" (DVPE),[8] came to be called the "Kevin Durant Rule" because it was seen as a reaction to a wave of veteran superstars leaving their teams in free agency, capped off by Durant's departure from the Thunder to the Golden State Warriors in the 2016 offseason. El Cajon, CA, Associate General Counsel - (Relocate to Rockies), Melaleuca:The Wellness Company -
[58] The Charlotte Hornets did not offer Walker a supermax deal, instead sending him to the Boston Celtics in a sign-and-trade deal in the 2019 offseason. Bob Starkey Chief Financial Officer & Senior Advisor. See the list , The data powering this website is available programmatically, via an API. NBA Legal Salaries. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. James Harden of the Brooklyn Nets and Anthony Davis of the Los Angeles Lakers had such a clause in their contract extensions, but both failed to meet the criteria. The average General Counsel salary in the United States is $361,690 as of January 26, 2023, but the range typically falls between $301,390 and $436,190. Denotes the player wasn't selected to join a new team (i.e. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. [6] The new agreement will run through the 202324 season, with either side able to opt out after the 202223 season. Principal for the Greater Washington Area. [5], A team cannot use this exception in consecutive years; a team that used it in 201617 (under the 2011 CBA) could not use it in 201718 (under the 2017 CBA). Neil Olshey is the General Manager of the Portland Trailblazers. There are contract counsel who may be earning somewhat less (even as low as $50,000) and some general counsel who have a base salary that exceeds $200,000; but for the most part, in the Boston area, in-house salaries fall in a bell curve between $75,000 and $200,000. Rather than spending salaries on teams like Major League Baseball, the NBA has a policy that strictly prohibits it using the salary cap in that fashion. [53] Davis also became the first player to publicly turn down a supermax offer, notifying the Pelicans during the 201819 season that he would not accept a supermax deal and also requesting a trade. Respondents at all levels who attended a top 100 law school had higher total compensation. Executive Vice President & General Counsel. General Counsel jobs in London Sort by: relevance - date 541 jobs Effectively manage external legal counsel, as required. Law Firm Partner, Salary estimation for General Counsel at companies like :
Average player salaries for a season are not determined until the NBA completes its annual audit in July. Using these percentage tiers, Robert Half Legal's guide shows a salary range of $140,500 to $230,500 for a General Counsel from the 25th percentile to the 75th percentile, $128,500 to $190,000 for an in-house counsel with 10+ years experience from the 25th percentile to the 75th percentile, $88,750 to $147,000 for an in-house counsel for an Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Posey retired from the NBA before he could find another team that he could play for. My job is to try to take advantage of the loopholes. The leagues salary cap group prompted the Rockets to change how they maneuvered to bring the star point guard Chris Paul to their team in 2017. An accountant with 0-2 years of experience earns an average salary of $77,109, a mid-career professional with 3-6 years of experience makes $132,867 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of . Baker. Read the IRS instructions for 990 forms. A restricted free agent is subject to his current team's Right of First Refusal, meaning that the player can be signed to an offer sheet by another team, but his current club reserves the right to match the offer and keep the player. The amount of the MLE and its duration depend on the team's cap status. What would the current NBA look like if it was more capitalist in nature like European Soccer is versus socialist (i.e. The exception allows a team to trade for any player, or number of players, as long their collective incoming salary does not exceed a set amount, which is based on whether if the team pays the luxury tax after the trade, and the collective outgoing (of the players the team is trading away) salary. The highest-paying job at NBA is a Senior Director with a salary of $342,036 per year. They do more to shape the league than fans realize. The extension starts in 202122 and includes a player option for 202526. Australia, the US, India and Japan join to 'counter new and emerging forms of terrorism, radicalisation to violence and violent extremism'. Home BarkerGilmores 2022 In-House Counsel Compensation Report, Copyright 2023BarkerGilmore. According to our data, the highest paying job at NBA is a Director of Systems Engineering at $171,000 annually while the lowest paying job at NBA is a Coach at $20,000 annually. The remaining salary still contractually owed will not be included in the salary cap or luxury tax totals of the team terminating his employment. Under the 2011 Collective Bargaining Agreement (CBA), each franchise was allowed to waive one player prior to the start of any season between the 201112 and 201516 seasons. Since the 201314 season, the payroll of the receiving team cannot exceed the so-called "apron" (as of 201718 set at $6 million above the tax line) as a result of the trade, and a team that has used the taxpayers' MLE cannot receive a player in a sign-and-trade in that season. Also, the contract signed before the trade must be for at least 3 years, with the first year guaranteed. How the NBA Salary Cap Works The Numbers Behind: The NBA Salary Cap, How Long Does It Take To Become An Engineer? The estimated base pay is $174,828 per year. Signed rookie scale deal on July 2, 2016. Teams exceeding the tax level were punished by being forced to pay one dollar to the league for each dollar by which their payroll exceeded the tax level. This exception was referred to as the "$1million exception" in the 1999 CBA, although it was valued at $1million for only the first year of the agreement. April 5, 2022, 3:53 am The average salary of an NBA GM in 2022 is $ 15,00,000 (1.5 million) Per Year. What Joseph L. Rini Knows, Attorney Rachel Y. Marshall A Pillar of Strength for the Community, SpotDraft Raises $26 Million in Series A Funding for AI-Powered Legal Software. [5] From 2011 through the 201617 season, a team could only allocate a single Designated Player contract at any one time (if a team had already extended a rookie contract by using the Designated Player extension, they could not create a second Designated Player contract until the current contract expired, or until the player moved to a different team); however the 2011 CBA allowed teams to sign a second Designated Player from another team in addition to the one they already had. [8] Additionally, once a player signs a DVPE, he cannot be traded for one year. The change was intended to discourage parties from backing out of their agreements. How many picks are needed? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The base salary for General Counsel ranges from $312,690 to $441,490 with the average base salary of $370,990. NBA teams can release a player to the waiver wire, where he can stay for 48 hours (during the regular season). The average General Counsel salary in the United States is $370,990 as of February 27, 2023, but the range typically falls between $312,690 and $441,490. Below is the NBA GMs list along with the salary they earn in a year. NBA Salaries How much do NBA employees make? In addition, teams may now use their Designated Player slots on any combination of their own rookie contracts, their own veteran contracts, or players acquired in trades. The cohort covers all sectors, including Consumer (20%), Financial Services (20%), Healthcare (9%), Industrial and Natural Resources (38%) and Technology (12%) The cohort is 36% female and 18% ethnically diverse. [65], The largest supermax signing was that of Giannis Antetokounmpo, who agreed to a five-year, $228 million extension with the Milwaukee Bucks during the 2020 offseason. Counsel Assisting Lawyers provide general legal advice, support and recommendations to identify legal risk mitigation measures as they relate to the ACIC's. Browse NBA contracts, salaries, team salary caps, cash payrolls, transactions, player valuations and more. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! NBA General Manager Salary: $1 million to 3 million per annum (disclosed sporadically) NBA Assistant General Manager Salary: $150,000 to $1 million per annum (estimated) One of the highest-paid NBA . I felt like I had a really good grasp of the cap back in 1996, when I was still coaching the Phoenix Suns, said Danny Ainge, the president of basketball operations for the Boston Celtics. Director of the NBPA. with an alternate to serve on the Board for that season. Along with the bonuses, his NBA gm salary is around $8 million a year. With another year of record participation, BarkerGilmores annual 2022 In-House Counsel Compensation report provides in-house counsel the ability to compare pay with peers, and aids legal leaders and human resources departments in attracting and retaining top talent by explaining competitive compensation packages. For example, a team that is $8 million over the tax threshold will pay $1.50 for each of its first $5 million over the tax threshold, and $1.75 per dollar for the remaining $3 million. Ordinarily a team cannot engage in a trade which would leave it $100,000 above the salary cap, regardless of whether the trade reduces or increase its overall payroll, and requires exceptions in order to do so. [c][17] The clause's provisions allow a rival team to claim an amnestied player at a significantly (often, dramatically) reduced salary; the waiving team only has to pay the player the remaining balance. of Player Representatives and the Executive Committee. If coming off the fourth season of a rookie scale contract, and salary was at or above the estimated average salary, 250% of previous salary. 2022 Cap Hit Rankings Follow Spotrac NBA Teams Cap Tracker Positional Spending Contracts Top Salaries Free Agents Extensions Offseason Tools Transactions NBA Player Earnings The lesser form of the Larry Bird exception is the "early Bird" exception. Leotti helps teams decide what constitutes a day off: Can a player who sits out a practice show up to the facility to shoot around on his own? The lowest-paying job at NBA is an Administrative Assistant with a salary of $44,102 per year. At the time of signing, his current contract had two years remaining with total pay of $59 million; the extension added another $170 million over four seasons, ending in 202223. Obviously, a lot of rules have changed so we consult with the league periodically.. As a subscriber, you have 10 gift articles to give each month. A luxury tax payment is required of teams whose payroll exceeds a certain "tax level", determined by a complicated formula, and teams exceeding it are punished by being forced to pay bracket-based amounts for each dollar by which their payroll exceeds the tax level. Under the CBA ratified in July 2017, the cap will continue to vary in future seasons based on league revenues. Firstly, anyone who is willing to apply for this position should have knowledge about basketball and know about the game beyond the rules. terms. The contract may not contain a signing bonus. Director level position. Full-time. A statement from the Director, Public Affairs, Grace Alo reads; This page was last edited on 9 February 2023, at 06:43. The day of the trade deadline is a higher stress day than most days, said Andy Taub, who has helped lead the cap group for more than two decades. Contract is eligible to run for a position on the Executive The Brooklyn Nets, whose payroll for that season was projected to be over $100 million, would face a luxury tax bill above $80 million, resulting in a total payroll cost of $186 million.[20]. The average salary for a General Counsel is $175,019. limited to: The Executive Director of the union is appointed by the Board About Us| Analyze the market and your qualifications to negotiate your salary with confidence. ProPublica posts new tax forms as they are released by the IRS. In 2015 he was named the NBA Football Executive of the Year. Across all position levels, restricted stock units (RSUs) continue to be the most common form of long-term incentive (LTI) compensation at public companies. When a team initiates a sign-and-trade agreement, it must trade the signed player immediately; teams cannot renege on the arrangement and keep the player for themselves, using the other team's financial situation to leverage the signee into a more favorable deal for themselves. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. [5] The 2005 amnesty provision was derisively named the "Allan Houston Rule", but his team, the New York Knicks, did not actually use the measure on Houstonthey instead applied it to Jerome Williams because Allan Houston later retired for medical reasons the same season. If coming off the second season of a rookie scale contract, the maximum amount that the team can pay under the Bird exception. For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits, (CHIEF INTERNATIONAL RELATIONS & MARKETING), (FORMER DEPUTY DIRECTOR OF INTERNATIONAL RELATIONS). Through the 201617 season, the accounting was different for the player's original team, where the player's salary for a given yearnot the contract's averagewas counted against the cap. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Apart from these restrictions, the cap hold varies based on the status of the free agent and his salary in the previous season:[78], The 2017 CBA increases some cap holds from those found in the 2011 CBA as follows:[8]. Or trade for Y? ESPN - National Aug. 20, 2019 To be even a casual N.B.A. Tremaglio began her 4-year term as executive Im first generation South Asian, so I dont have much of a network in sports. [52], Harden and Westbrook would not have qualified under the standard DVPE criteria because both signed extensions to their contracts in the 2016 offseason, Harden for two years and Westbrook for one. Aramark, HILTON WORLDWIDE HOLDINGS, POTBELLY CORP, Based on HR-reported data: a national average with a geographic. 2018-19 team option exercised on October 27, 2017. Teams who develop and retain homegrown superstars will find themselves rewarded with uniquely-bloated salary caps and stiff luxury tax payments. ", "NBA Salary Cap/Collective Bargaining Agreement FAQ" - Contract Extensions, NBA Salary Cap/Collective Bargaining Agreement FAQ 58: Rookie scale contract extensions, Entire list of players eligible for Higher Max Contract, "Report: Paul George, Pacers finalizing five-year max contract", "Durant, LeBron headline 2013-14 All-NBA First Team", "Article II, Section 7(a)(i)(B): Maximum Annual Salary", "Luka Doncic signs five-year, $207 million supermax rookie extension with Dallas Mavericks", CBS - Wizards agree to 5 year deal for Wall, "Kevin Love unsure about Timberwolves' future", CBA FAQ: Rookie Scale Contract Extensions, SBNation: "NBA's bizarre decisions around Kevin Durant's contract", "DeMarcus Cousins trade FAQ: Key questions on huge deal", "The Ongoing Failure of the NBA's 'Supermax' Era", "The All-NBA Supermax System Is Creating More Problems Than Answers", "James Harden, John Wall eligible for max extensions under new CBA", "It's unanimous: LeBron James, James Harden voted All-NBA; it's the 12th time for LeBron", "Anthony Davis has told Pelicans he won't re-sign", "Sources: Lakers reach deal for Pelicans' Davis", "Summer of 2020 takes on additional importance for Bucks", "Report: Gobert Willing To Take Less Than Supermax", "Celtics Acquire Three-Time All-Star Kemba Walker", "Rudy Gobert agrees to 5-year, $205 million extension with Utah Jazz", "Stephen Curry's supermax deal becomes richest in NBA history", "Sources: Supermax extension to pay James Harden record $228M through 2022-23", "John Wall agrees to four-year, $170M extension with Wizards, source says", "Russell Westbrook signs 5-year, $205M extension with Thunder", "Blazers Sign All-Star Guard Damian Lillard to Multi-Year Contract Extension", "Giannis Antetokounmpo, Milwaukee Bucks reach five-year, $228M supermax extension", "NBA's poison-pill provision a reminder of Seahawks' Hutchinson debacle", "A Quick Explanation Of The 'Poison Pill' Contract That Could Stop The Knicks From Signing Jeremy Lin", "Final looks in store for Warrick, Granger", "NBA Salary Cap set at $109.14 million for 2019-20", "With Eye on Williams, Nets to Acquire Johnson", "Adam Silver says 'DeAndre Jordan rule' easy to come by", "NBA Announces 'DeAndre Jordan Rule' on Free Agent Moratorium", "38. The team with the highest bid acquires the player. Location impacts how much an associate general counsel can expect to make. The average Associate General Counsel salary in Florida is $240,670 as of November 23, 2022, but the range typically falls between $211,033 and $275,443. Can a Two-Way player be converted to a regular NBA player? [17], The maximum player salary is based on the number of years that player has played and the total of the salary cap. $5k - $76k. We collaborate, innovate and execute. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. A NBA assistant GMs salary is comparatively less than the GM but they still manage to earn $150,000 to $1 million a year. We embrace inclusion and diversity. A Corporate Counsel Guide to Successful Contract Lifecycle Management, ADA Demand Letter Playbook: Your Guide to Responding and Reducing Future Risk, Women, Influence & Power in Law (WIPL) 2023, The American Lawyer Industry Awards (TALIA) 2023, Women, Influence & Power in Law UK Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? [49], By the end of the 201819 season, Sports Illustrated writer Andrew Sharp began a story on the supermax rule with the following sentence: "If you've been paying attention to the NBA for the past two years, it goes without saying that the NBA's "supermax" contracts have been a failure." The remaining guaranteed salary was equally spread across the remaining years of the player's contract. [51], Following the announcement of the 201617 All-NBA team, four players were eligible to sign DVPE contracts during the 2017 offseason. The median NBA salary for the 2020-21 season is $3.83 million, rising to $4.02 million in 2022. (310) 862-6000 . Notably, several members of the union's executive committee at the time the 2017 CBA was negotiated were older players who were seen as potential major beneficiaries of a change to an over-38 rule. [15], The 2011 CBA instituted major changes to the luxury tax regime. The average salary in the NBA league is $7.90 million for the 2020-21 season and is projected to be $8.25 million in the 2021-22 season. However, an assistant GM job is to provide perspectives during a decision-making process of a front office and prevent any decisions that are one-sided or biased. What about second round draft picks? If not coming off a rookie scale contract, and salary was at or above the estimated average salary. Because not every general counsel is named on their companys proxy filing, not every lawyer in the Fortune 1000 is included on our list. Countries. The Journal on Sports and Entertainment Law recently sat down with Rick Buchanan, General Counsel and Chief Compliance Officer of the NBA, to discuss current issues in professional sports. Now, each NBA team can sign two players to contracts that allow them to assign the players to the G League without risk of being "poached" by another NBA team. The terms of office for the President and First Vice-President are four years while the Secretary-Treasurer and Vice-Presidents serve three year terms. ", "Winderman: Still time to add good player (or Eddy Curry) to playoff roster", "No amnesty from preseason speculation engulfing league", "NBA Board of Governors ratify 10-year CBA", "Lakers upset with Chris Paul's trade to Clippers", "List of NBA Players Waived in 2005 Under "Allan Houston Rule" Amnesty Clause", "Mavs officially use amnesty on Brendan Haywood", "Suns claim Luis Scola off waiver wire, amnesty Josh Childress", "Wizards release Andray Blatche using amnesty clause", "Nuggets waive F/C Chris Andersen under amnesty provision", "Los Angeles Lakers waive Metta World Peace under amnesty clause", "Reports: Bobcats to use amnesty clause on Tyrus Thomas", https://en.wikipedia.org/w/index.php?title=NBA_salary_cap&oldid=1138357574, National Basketball Association labor relations, Rules of the National Basketball Association, Creative Commons Attribution-ShareAlike License 3.0, 175% of the outgoing salary, plus $100,000. Find NBA Salaries by Job Title NEW YORK, NY 10036-0000 | Tax-exempt since Nov. 1970 EIN: 23-7038813 Nonprofit Tax Code Designation: 501 (c) (5) Defined as: Labor, agricultural and horticultural organizations that are educational. The luxury tax level for the 200809 season was $71.15 million. [1], In December 2016, the league and the players' union reached a tentative agreement on a new CBA, with both sides ratifying it by the end of that month. as long as Taub, who is unknown to many fans but crucial in shaping how they experience the game. First round draft picks operate under a different set of rules? For a real-time salary target, tell us more about your role in the four categories below. [17] The player's current club has three days to match the offer or they lose the player to the new team; the CBA prior to 2011 allowed seven days. Can he sit with the team on the bench? [4][5], To ensure the players get their share of the BRI, teams are required to spend 90 percent of the salary cap each year. As Spurs have an estimated net worth of $1.2 billion, RC Bufford as a GM is expected to earn $10 million this year. How are teams able to trade players who are out of the league, like Dallas did with Keith Van Horn? How much does a General Counsel make in the United States? Get the latest market price for benchmark jobs and jobs in your industry. Teams must spend at least 75% of the cap. (NBA-CLS) in Boydton, VA Vice President of Corporate Sponsorships, MFFL Since 1992. Roy initially retired from basketball due to persistent knee injuries and was then amnestied by Portland. The offer sheet can only increase in the third season if it provides the highest salary allowed in the first two seasons, the contract is fully guaranteed, and it contains no bonuses. This exception also allows minimum-salary players to be acquired via trade. Search thousands of open positions to find your next opportunity. The third year salary is limited to the maximum a team has available in their salary cap. If another team signs a released player who had a guaranteed contract (as long as the player has cleared waivers), the player's original team is allowed to reduce the amount of money they still owe the player (and lower their team payroll) by the right of set-off. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. (To that end, the N.B.A. [19], For the 201314 season, the luxury tax threshold was set at $71.748 million. Staff Directory | NBA.com Staff Directory Phoenix Suns 201 East Jefferson Street Phoenix, AZ 85004 Phone: (602) 379-2000 Website: suns.com OWNERSHIP Mat Ishbia: Controlling Owner and Governor. At the beginning of each season, players [36] The reasoning for the rule is to suitably reward players being extended off their rookie contract who are considered to be of a higher "caliber" than their peers, without restricting them to the lower (25%) salary level. BYC applies only to players who re-sign with their previous team and receive a raise greater than 20%. If this organization has filed an amended return, it may not be reflected in the data below. An accountant with 0-2 years of experience earns an average salary of $72,688, a mid-career professional with 3-6 years of experience makes $125,248 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of .