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...
My goal will be decisive - Onyekachi

Nigerian Striker Sadiq Umar Looks To End The...

Portugal plot Nigeria pre-World Cup friendly

Phoenix ASC recalls player from Lobi Stars over...

Serena Williams concerned over equality fight

We must bring down the cost of running...

 

Latest News Boniface salutes Neymar, Ronaldo after World Cup exits Durodola gets 45th KO win at National Stadium 35 players hit NTTF camp ahead int’l tourneys No excuses: Team Nigeria fired up by world-class C’wealth Games camp All three World Cup co-hosts eliminated from tournament CAF confirms Rangers, Rivers United, others for 2026/27 Champions League qualifiers Paraguayan senator demands apology from Mbappé, threatens legal action 2026 World Cup will be my last tournament, says Cristiano Ronaldo Okonjo-Iweala hails African teams’ impressive World Cup campaign Belgium vows to ‘defend football’ after FIFA overturns Balogun suspension FIFA ‘crossed a red line’ in Balogun reprieve — UEFA W’Cup qualifiers: D’Tigers end perfect window with Rwanda rout

 

Most Read Rangers International going, going . . . (63,940 views) Amaju Pinnick: A cat with nine lives (55,279 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (53,185 views) Current issues in Nigerian sports: Matters arising (52,794 views) Sports Development: Zenith Bank on the zenith (52,682 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,549 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (52,438 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,958 views) Olopade, BET9A wave of revolution in NNL (51,171 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,638 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (48,119 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,508 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