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...
Cavani, Rashford And Fernandes Available To Face RB...

FG’s national award on Rashidi Yekini excites Kwara...

Petr Cech: Ben Foster says he 'feels sorry'...

World Cup 2018: England have ‘plan in place’...

Gara Gombe Blasts Sports Minister Sunday Dare, Declares...

Ronaldo Goal Not Enough As Juventus Held

 

Latest News Draws hold as Niger Delta Games begin Friday NFF to review Chelle’s $130k request, other demands Usman to retire after becoming two-division champ NPFL: Kwara United slams post-match violence after Rivers United clash Widow, late Nigerian boxer’s family clash over estate Falcons recall Okobi-Okeoghene, Monday for Cameroon friendlies Lagos SWAN Chairman, Amb. Olatutu Oladunni, and EXCO Members Extend Ramadan and Lenten Greetings to Muslim and Christian Faithful Across Lagos Lookman battles Onyedika in UCL knockout play-off Osimhen’s Galatasaray thrash Juve 5-2 in UCL first leg playoff Para-badminton star Bolaji emerges World No. 1 after Bahrain tourney Falcons to face Cameroon in pre-WAFCON friendlies Ondo athletes eye Niger Delta Games top spot

 

Most Read Rangers International going, going . . . (63,571 views) Amaju Pinnick: A cat with nine lives (54,875 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,787 views) Current issues in Nigerian sports: Matters arising (52,423 views) Sports Development: Zenith Bank on the zenith (52,337 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,257 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,127 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,672 views) Olopade, BET9A wave of revolution in NNL (50,845 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,374 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,762 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,233 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