NBA will withhold 25% of players' salaries in case season is canceled

United States News News

NBA will withhold 25% of players' salaries in case season is canceled
United States Latest News,United States Headlines
  • 📰 USATODAY
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

The NBA will start withholding 25% of player salaries beginning May 15.

The NBA will start withholding 25% of player salaries beginning May 15 “in the event of a permanent cancellation of 2019-20 regular season or playoff games due toThe decision was made in conjunction with the National Basketball Players Association, 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.

The NBA suspended its season on March 11, the night Utah’s Rudy Gobert tested positive for the novel coronavirus. Two players from the Utah Jazz, one from the Detroit Pistons, four from the Brooklyn Nets, two from the Los Angeles Lakers and one from the Boston Celtics were diagnosed with COVID-19. Three staffers on the Philadelphia 76ers and one on the Denver Nuggets also tested positive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

USATODAY /  🏆 100. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NBA Players Agree to 25% Salary Cut During Coronavirus ShutdownNBA Players Agree to 25% Salary Cut During Coronavirus ShutdownNational Basketball Association players have agreed to a 25% reduction in their salaries while games are on hold because of the Coronavirus. Under terms of the agreement, ratified today by the owne…
Read more »

BVAccel cuts 25% of employees due to coronavirus' impact on DTC brands - Business InsiderBVAccel cuts 25% of employees due to coronavirus' impact on DTC brands - Business InsiderThe agency, whose customers include Chubbies, Rebecca Minkoff, Kylie Cosmetics, said some clients have seen a 70% to 80% drop in sales.
Read more »

25 Small 'The Incredibles' Details That Prove It's An Absolutely Perfect Pixar Movie25 Small 'The Incredibles' Details That Prove It's An Absolutely Perfect Pixar Movie'Honey, where's my super suit?'
Read more »

25 Celebrity Couples with Big Age Differences25 Celebrity Couples with Big Age DifferencesLove in Hollywood doesn't see numbers, just all the feel-good, bubbly things that come with being in a relationship with someone as wonderful as you.
Read more »

NBA veteran Ben McLemore courts a buyer in TarzanaNBA veteran Ben McLemore courts a buyer in TarzanaIn Tarzana, Houston Rockets guard Ben McLemore is shooting for $2.799 million for his East Coast-inspired home of two years.
Read more »

Mark Cuban Says Masks In NBA Is Bad Idea, Let's Play Bubble Soccer!Mark Cuban Says Masks In NBA Is Bad Idea, Let's Play Bubble Soccer!Dallas Mavericks owner Mark Cuban is already brainstorming ways to get the NBA back in business -- but says equipping his players with masks is NOT the answer.
Read more »



Render Time: 2025-03-01 16:27:15