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...
Whizkid Shola Shoretire Opens Up On ‘Dream’ Man...

Salah’s Agent Rejects Real Madrid Claim

Finidi George Wary Of Coaching In NPFL

Arsenal advance, Everton out

Osimhen Can’t Stop Scoring . . . Powers...

Falcons team’re of World Cup quality – Okon...

 

Latest News Islamic Games: Nigeria celebrates boxing, weightlifting medals African U-20 champ Oyibu joins Baylor University Nigeria 4-1 Gabon: Eagles soar into World Cup playoffs final VIDEO: I handle pressure with calm, focus, says Osimhen ‘Osimhen Super Lig’s most valuable player’ Ekong dismisses Eagles’ special bonus demand rumours ICYMI: 2026 W’Cup: Nigeria, Gabon to clash in crucial playoff Falconets end WAFU B tournament unbeaten Cycling: EKO 170 to boost Lagos tourism drive, says LSSC World Cup playoffs: Eagles boycott training over bonuses Fatodu hails Lagos runner after LWR feat Iwobi defends viral Eagles hotel video

 

Most Read Rangers International going, going . . . (63,332 views) Amaju Pinnick: A cat with nine lives (54,557 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (52,494 views) Current issues in Nigerian sports: Matters arising (52,124 views) Sports Development: Zenith Bank on the zenith (52,116 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (52,043 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (51,879 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (51,464 views) Olopade, BET9A wave of revolution in NNL (50,579 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (49,163 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (47,547 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (47,031 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