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...
‘Why Haaland Chose Man City Over Chelsea, Liverpool’...

Iheanacho makes history

Mou issues challenge to Pogba after missing Fulham...

Nigerian-born DE Ade Aruna’s tough journey to join...

I knew Enyimba's worst would be a continental...

World Cup ticket: Nigeria Pillar of Sports congratulates...

 

Latest News Cape Verde proved anything is possible at World Cup — Pico Lopes Norway pin hopes on Haaland against Brazil in World Cup last 16 It feels like victory, Cape Verdeans celebrate heroic World Cup defeat D’Tigers revive World Cup hopes with Tunisia win SWAN, Political Leaders Congratulate Lloenyosi On AnSFA Re-election FG rallies Team Nigeria for 2026 Commonwealth Games campaign Parallex Bank splashes cash on Lagos U-15 athletes David v Goliath: Cape Verde chases World Cup history against Messi’s Argentina Egbulefu Loses Wife Madugu eyes WAFCON title defence Mexico beat Ecuador 2-0, break 40-year World Cup knockout jinx England battle DR Congo as USA target historic World Cup win

 

Most Read Rangers International going, going . . . (63,937 views) Amaju Pinnick: A cat with nine lives (55,273 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (53,182 views) Current issues in Nigerian sports: Matters arising (52,790 views) Sports Development: Zenith Bank on the zenith (52,674 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,544 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,434 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,955 views) Olopade, BET9A wave of revolution in NNL (51,166 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,634 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (48,114 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,504 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