While the Premier League's new wealth of riches has seen an influx of financial gains to new signings, across the Atlantic those monetary figures are being made to look like pocket change.

This upcoming season the disparity between the NBA and the Premier League is only set to get bigger with the likes of Kevin Durant's sporting earnings dwarfing that of Zlatan Ibrahimovic, for example.

Here, Sportsmail explains how the game of basketball has inflated players wages that only their footballing counterparts can dream of.

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So what is exactly happening in the NBA?

The upcoming 2016-17 NBA season sparks a new eight-year TV deal with media broadcasters ABC, ESPN and TNT worth an astonishing £18.2billion ($24bn) through to the end of the 2024-25 campaign.

Over this period the NBA will earn close £2.3bn per year - a significant rise from their previous eight-year deal of £705m per annum.

The rise in the TV earnings will filter down to the 30 franchises within the NBA thus meaning a larger budget to entice possible targets - i.e. players.

LeBron James and his fellow NBA professionals are set for a cash windfall in earnings due to TV revenue

Free agent James is yet to sign a new contract but has been preparing for the new season while on vacation

NBA PLAYER SALARIES: 2016-17 (Source: ESPN) Rank Player Team Salary per year 1 Mike Conley, PG Memphis Grizzlies £20,000,000 ($26,540,100) 2 Al Horford, C Boston Celtics £20,000,000 ($26,540,100) 3 Carmelo Anthony, SF New York Knicks £18,500,500 ($24,559,380) 4 Damian Lillard, PG Portland Trail Blazers £18,300,000 ($24,328,425) 5 Chris Bosh, PF Miami Heat £17,900,000 ($23,741,060) 6 Chris Paul, PG Los Angeles Clippers £17,200,000 ($22,868,827) 7 Chandler Parsons, SF Memphis Grizzlies £16,600,000 ($22,116,750) 8 Hassan Whiteside, C Miami Heat £16,600,000 ($22,116,750) 9 Anthony Davis, PF New Orleans Pelicans £16,600,000 ($22,116,750) 10 Derrick Rose, PG New York Knicks £16,100,000 ($21,323,252)

WHAT ABOUT THE BIG NAMES? LeBron James will become a free agent on Friday which allows him to negotiate contracts with the major franchises. He did not exercise his player option with the Cleveland Cavaliers for next season but is expected to remain at the team and is eligible for a maximum salary of roughly £22.6m per season. Reigning MVP Stephen Curry is currently on a relatively low contract (£9.1m) at the Golden State Warriors - although he will expect a considerable rise when it expires. Curry has been joined at the Warriors by four-time league scoring champion Kevin Durant. Terms of the deal were not disclosed but Durant has reportedly put pen to paper on a two-year, $54.3 million (£41m) contract with the Warriors. Advertisement

How does this compare to the Premier League?

It was only last year that England's top flight announced their biggest TV rights deal in history.

Starting this upcoming term until the end of the 2018-19 season, the Premier League will earn £5.1bn over this period in domestic rights from Sky and BT - equating to £1.7bn a year.

So looking at the two packages annually, there is over half a billion difference between the NBA and the Premier League.

So what does the impact of the NBA's new deal mean for franchises?

Spend, spend, spend. NBA teams have a salary cap of £69m to splash on their roster - a rise of £15m. The 30 teams all have a minimum of £63m to spend meaning some players are given inflated salaries just to make sure they reach their expenditure quota.

And what about the players?

It's an eye-watering market for the players who are benefitting from mind-blowing offers that have never been seen before.

For example, Evan Turner has swapped life at the Boston Celtics for the Portland Trail Blazers after more than quintupling his salary.

Last season, Turner earned £2.7m with the Celtics but his new £58m four-year deal in Portland will see that increase to £14.5m per term or £279,000 per week.

Evan Turner (centre) has penned a £58m four-year deal with Portland Trail Blazers worth £279,000 per week

While Turner was a starter for the Celtics last year, the same can't be said for Timofey Mozgov who has seen his income rise significantly too.

The Russian center was a bench player for the newly-crowned NBA champions the Cleveland Cavaliers earning £3.7m per year.

However, the 29-year-old will now pocket £48m over four years with the Los Angeles Lakers, at £12m per annum; despite the fact they held the second overall worst record last season.

Timofey Mozgov (right) has left the Cavs to pocket a four-year £48million deal with the Los Angeles Lakers

How does those fees compare with the Premier League?

Not favourably for England's top flight or football's highest-paid players in general. Considering that Mozgov is now playing for the second worst team his weekly wage is £230,000.

Manchester United new boy Zlatan Ibrahimovic, the Premier League's highest earner, is on £260,000 per week.

Turner's deal dwarfs Zlatan Ibrahimovic weekly wage with Manchester United - where he earns £260,000

Why are the players earning so much?

Anticipating gigantic contracts to players, NBA commissioner Adam Silver warned Players Association president Michele Roberts that the league increased the salary cap gradually when the new television contract came.

Silver's fears included a mass imbalance in the league - with the creation of super teams and veterans moving from franchise to franchise.

Sadly for the 54-year-old, his pleas fell on deaf ears with the Players Association replying with a resounding no - thus, the mammoth influx of wages.

NBA commissioner Adam Silver feared the new TV revenue would lead to an imbalance before it happened

And has any of Adam Silver's predictions happened?

Yes. Aside from the astonishing wages offered to players, an imbalance of the talent has happened too.

Kevin Durant was the lucrative free agent this summer before he decided to swap the Oklahoma City Thunder for the Golden State Warriors.

The 27-year-old's move to the Oracle Arena gives coach Steve Kerr a tantalising starting five next season, which will include Draymond Green, Klay Thompson and reigning MVP Stephen Curry - who are All-Stars.

The increased salary is to blame for this super-team creation. Despite their stardom Thompson and Curry are currently on relatively low deals at the Warriors - although they will expect considerable rises when they expire. Only Green is on a lucrative deal at present and with trades of other personnel, the Western Conference were able to budget for the considerable talent of Durant - a seven-time All-Star.

Kevin Durant's arrival to the Golden State Warriors will see the Western Conference side field a super-team

Durant will team up with reigning MVP Stephen Curry at the Oracle Arena next season - in a tantalising team

Couldn't something have been done before?

In 2011 the NBA regular season was shortened from 82 to 66 games due to a lockout between the owners and the players. Known as the Collective Bargaining Agreement (CBA) negotiations eventually fell in favour of the latter.

The main issues dividing both sides were the division of revenue and the structure of the salary cap and luxury tax. Owners proposed to reduce the players’ share of basketball related income (BRI) from 57 per cent to 47 per cent, but the players countered with 53 per cent.

The owners also wanted to implement a hard salary cap and a harsher luxury tax, hoping to increase competition among teams, whereas players wanted to keep the current soft salary cap structure intact.

In the end, the CBA revenue saw players receive 51.2 per cent of BRI in 2011–12, with a 49-to-51 band in its subsequent years.

So what now?

The quality of the NBA has been criticised by former players - who believe that the number of teams who can win the Finals will only diminish.

While that is yet to be seen, one for thing is for certain - players with little impact on their team are set for a financial windfall over the next eight years.