NBA Players Agree 25 Percent Pay Cut

By Daily Sports on April 19, 2020

The NBA players agreed to receive 25% less in paychecks starting May 15 in the wake of the coronavirus outbreak.

"The NBA and the National Basketball Players Association announced today that they have reached agreement on the method for reducing player compensation in the event of a permanent cancellation of 2019-20 regular season or playoff games due to the COVID-19 pandemic," NBA announced on Friday night.

"Through this agreement, and in order to provide players with a more gradual salary reduction schedule, partial reductions of 25% will begin with the players’ twice-a-month payment due on May 15," NBA said.

Over 37,000 people in the U.S. have died from the novel coronavirus, according to the data of Johns Hopkins University on Saturday.

According to NBA Commissioner Adam Silver, it is still impossible for the NBA to decide about whether to resume this season.

Speaking after a video conference of the league’s board of governors, Silver said all options remain on the table to resume the games.

According to local media, there were at least 10 NBA players who tested positive for coronavirus end of March.

“For privacy reasons, we are not reporting any other tests” conducted in April, Silver said.

(Anadolu Agency)

*PLS USE NBA LOGO

Source Daily Sports

Posted April 19, 2020


 

You may also like...
LMC Chairman loses brother

Five-Sub Rule Could Count Against Barca — Setien...

NPFL: Five clubs fail to meet stadium requirements...

Ambode Receives UEFA Champions League Trophy

Pitch Invader Punches Player in Aston Villa’s Derby...

Alex Iwobi Beats Victor Osimhen To Become Highest...

 

Latest News Anambra School Sports Festival Ends In Emotional Grand Style As Njikoka Emerge Champions Club W’Cup: Chelsea face travel woes after group stage upset Lyon included in Ligue 1 fixtures despite demotion Adesanya eyes Strickland fight for UFC return Wilder ends losing streak, but questions linger Brentford reject Man Utd's new £62.5m Mbeumo bid After 31 Years, FG Hands Over Houses To 1994 Super Eagles Heroes Ronaldo signs new deal with Saudi club Al-Nassr Leicester part company with manager Van Nistelrooy 'Wilder v Paul next? You wouldn't flinch' UFC fighters to receive up to $1m in settlement payout 17 States Confirm Plans To host Olympic Day

 

Most Read Rangers International going, going . . . (55,552 views) Amaju Pinnick: A cat with nine lives (46,712 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,728 views) Current issues in Nigerian sports: Matters arising (44,322 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,322 views) Sports Development: Zenith Bank on the zenith (44,312 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (44,114 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,658 views) Olopade, BET9A wave of revolution in NNL (42,768 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,378 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,824 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (39,247 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media