×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: nba | salaries | pro | sports | athletes | players | union

Report: NBA Wants Players to Cut Salaries in Half

NBA Commissioner Adam Silver speaks to the media
NBA Commissioner Adam Silver (Jae C. Hong/AP)

Tuesday, 07 April 2020 10:51 PM EDT

The NBA is asking its players to take a 50% pay cut, to offset millions of dollars it lost after suspending games this season due to the coronavirus pandemic, according to The Athletic.

If agreed upon, the cut would go into effect on April 15, the next time NBA players are scheduled to get paid. The NBA Players Association has said it only wants to cut salaries by 25%, which should take place in mid-May.

The Philadelphia Sixers initially wanted to cut pay for all of its employees by 20%, until it got blowback from fans and media.

The Utah Jazz on Friday announced it was laying off its non-basketball staff.

The league has not played any games in more than three weeks, and NBA Commissioner Adam Silver has said he will not decide whether to restart the season until May.

© 2022 Newsmax. All rights reserved.


Newsfront
The NBA is asking its players to take a 50% pay cut, to offset millions of dollars it lost after suspending games this season due to the coronavirus pandemic, according to The Athletic.
nba, salaries, pro, sports, athletes, players, union
142
2020-51-07
Tuesday, 07 April 2020 10:51 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved