The average AFL player wage moved close to $450,000 in 2023 with a record 19 players earning at least $1 million amid a cash boom for the league.

With the salary cap set to hit a staggering $17.7m in 2025, the number of annual million-dollar players is set to surge.

On Monday the AFL released its 2023 salary breakdown with the new collective bargaining agreement handing players a 10 per cent backdated pay rise for 2023.

It bumped the average player salary to $441,464 and boosted the number of footy millionaires from 12 in 2022 to 19 in 2023. By 2027 average player wages will be $519,000.

Opening Round

Of the 19 who earned seven-figures in 2023, there are 12 who earned more than $1.2m with players including Richmond superstar Dustin Martin ($1.25-$1.35m) as well as Fremantle’s Nat Fyfe and West Coast’s Jeremy McGovern as the highest-paid players in the game.

Dustin Martin and Jeremy McGovern are both million-dollar players of . (Photo by Daniel Carson/AFL Photos via Getty Images)Source: Getty Images

Other players believed to have raked in over $1m include West Coast midfielder Tim Kelly, Bulldogs captain Marcus Bontempelli, Demons stars Clayton Oliver and Christian Petracca, Geelong star Jeremy Cameron and Carlton captain Patrick Cripps.

The average waged jumped by 11 per cent and under the new pay deal brokered last season, wages will leap another 5.1 per cent in 2024 and 12.6 per cent in 2025.

The total player payments will jump from $15,022,778 in 2023 to $15,788,222 this year, before rising to $17.76m in 2025, $18.29m in 2026 and $18.44m in 2027.

Players split an additional $1.267 million per club in additional services (marketing) across the life of the new CBA which runs until 2027.

With annual increases taken in to consideration, there could be as many as 50 players who will be paid $1 million in 2025.