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...
Morocco Bounce Back With Easy Victory Over Burundi...

Barcelona Rule Out Coutinho Recall From Bayern Munich...

Bayern Stumble to Draw at Struggling Nuremberg

Manchester United Close In On Bruno Fernandes

Ancelotti ‘confident’ Bayern can progress past Arsenal

Free Transfer: AC Milan close to signing Divock...

 

Latest News Inter plot €8m Akinsanmiro buy back after Pisa sale Joshua’s former trainer predicts KO against Fury Ikoyi Club set to host inter-school swimming league Portable blames huge gambles for Carter Efe defeat Organisers set N10m prize, Liverpool tour for Lagos tourney Hearn labels Joshua’s boxing return ultimate comeback 3SC’s Adegoke shines as Chelle scouts NPFL players Nigeria face Netherlands, Jamaica in 4x400m heat Nigeria open African wrestling champs with four gold medals Ecobank, NCF Set for 2026 National Schools Team Chess Championship Nwabali’s Simba move collapses Al Ahly edge Maktown Flyers in close BAL encounter

 

Most Read Rangers International going, going . . . (63,745 views) Amaju Pinnick: A cat with nine lives (55,064 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (53,000 views) Current issues in Nigerian sports: Matters arising (52,587 views) Sports Development: Zenith Bank on the zenith (52,521 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,418 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,266 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,815 views) Olopade, BET9A wave of revolution in NNL (51,002 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,506 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,925 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,385 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