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...
Werner Eyes Chelsea Dynasty After Spending Spree

Osimhen Scores As Dante Beat Sokoto United

Liverpool And Ajax Reach Champions League Last 16,...

Arsenal, Chelsea, Dynamo, Gent, Roma romp into UEFA...

Tottenham Break World Record with £113m Profit

Vardy vows to stay at Leicester

 

Latest News Eaglets face old foes B’Faso in WAFU U-17 opener Injured Osimhen out of Fiorentina tie, doubtful for W’Cup qualifiers Boniface credits fans after Bundesliga Rookie award Anambra, Kebbi Win as 2nd Round Beach Soccer League Gets Underway In Anambra Amusan, Harrison renew rivalry at adidas Atlanta City Games Saturday Team Effort: Nnadozie credits teammates with best keeper award Golf: Battle for Nigeria’s No.1 intensifies at eTranzact Classic Aruna downs Egyptian foe to reclaim ITTF Africa Cup SESC leadership Crisis : Dagana Optimistic Of Favourable Court Judgment Animoke, ‘Mighty Fancy’ Unveils Plan For Wrestling As Association Chairman In Anambra Lagos SWAN Commiserates With Bishop Wale Oke Over Mother's Death MEET FINIDI’S ASSISTANTS

 

Most Read Rangers International going, going . . . (53,848 views) Amaju Pinnick: A cat with nine lives (44,848 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (43,003 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (42,656 views) Sports Development: Zenith Bank on the zenith (42,436 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (42,327 views) Current issues in Nigerian sports: Matters arising (42,223 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (41,695 views) Olopade, BET9A wave of revolution in NNL (40,702 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (39,711 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (38,075 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (37,643 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