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...
Ronaldo issues Messi threat ahead of Champions League...

Chelsea ready to break EPL transfer record for...

Paul Pogba ‘Unhappy’ And ‘Has To Leave’ —...

Champions League: Uefa president says final could move...

Last-Gasp Equaliser Saves Egypt In Gabon

Adeshina bags Texas Tech student-athlete award

 

Latest News Morocco break two Eagles’ Mundial records Upsets as Prime Atlantic Squash tourney enters semis Ecuador beat Germany 2-1 to reach World Cup last 32 Saibari sets African World Cup milestone Adeshina makes Bowerman Award semis Six Nigerians earn picks at 2026 NBA Draft Japan coach hopes World Cup success inspires Asian rivals Three African teams through to World Cup round of 32 Ashe targets Commonwealth Games podium finish Enyeama’s World Cup record stands as Africa’s best Team Nigeria shines at Tour D’Afrique Bosnia beat Qatar to reach first-ever World Cup knockout stages

 

Most Read Rangers International going, going . . . (63,913 views) Amaju Pinnick: A cat with nine lives (55,246 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (53,163 views) Current issues in Nigerian sports: Matters arising (52,765 views) Sports Development: Zenith Bank on the zenith (52,652 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,524 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,410 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,935 views) Olopade, BET9A wave of revolution in NNL (51,142 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,613 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (48,088 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,491 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