NBA 2025 3-Point Contest: Prize Money, Participants, and Lillard’s Quest for a Three-Peat

The NBA’s 3-Point Contest has been a staple of All-Star Weekend for decades, evolving over the years with new formats and deeper shot incentives. The 2025 edition features a strong lineup of sharpshooters, including Jalen Brunson, Cade Cunningham, Darius Garland, Tyler Herro, Buddy Hield, Cam Johnson, Damian Lillard, and Norman Powell.

Lillard, the reigning champion, is eyeing a historic third consecutive victory, while Hield looks to reclaim the crown he won in 2020. With a mix of seasoned winners and rising stars, this year’s competition promises to be a thrilling showdown.

How Much Prize Money is at Stake?

While the contest is about bragging rights and entertainment, there’s also a financial incentive. According to the NBA’s Collective Bargaining Agreement (CBA), the prize pool is structured as follows:

  • Winner: $60,000
  • Runner-up: $40,000
  • Third Place: $25,000
  • 4th-7th Place Finishers: $15,000 each
  • Last Place: $10,000

Compared to the massive contracts NBA players earn, the prize money may not be a major motivator. However, it adds an extra layer of competition, particularly for younger players and those looking to showcase their shooting skills on a big stage.

How Does the 3-Point Contest Compare to Other Events?

The 3-Point Contest boasts a larger prize pool than the Skills Challenge but falls short of the Slam Dunk Contest, which offers the highest payout:

Event Prize Money
Slam Dunk Contest $105,000
3-Point Contest $60,000
Skills Challenge $55,000

Past 3-Point Contest Champions

Damian Lillard won back-to-back titles in 2023 and 2024, joining an elite group of repeat winners. Other recent champions include Karl-Anthony Towns (2022), Stephen Curry (2021), and Buddy Hield (2020). The contest has a rich history, with legends like Larry Bird, Craig Hodges, and Ray Allen among its past winners.

As the 2025 All-Star Weekend approaches, all eyes will be on whether Lillard can cement his dominance or if a new champion will emerge to claim the crown.

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