Players Agree To 25 Percent Reduction For May 15th Paycheck

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RealGM Wiretap
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Players Agree To 25 Percent Reduction For May 15th Paycheck 

Post#1 » by RealGM Wiretap » Fri Apr 17, 2020 7:17 pm

The NBA and NBPA have agreed on a withholding of 25 percent of each player paycheck beginning on May 15th.


The deal gives a gradual reduction in salary should the Force Majeure provision be enacted with the cancelation of the remaining regular season games.


Players will receive their May 1st checks in full. 

Via Adrian Wojnarowski/ESPN

bb22
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Re: Players Agree To 25 Percent Reduction For May 15th Paycheck 

Post#2 » by bb22 » Fri Apr 17, 2020 8:16 pm

Wow.. what a noble sacrifice lol
kenwood3333
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Re: Players Agree To 25 Percent Reduction For May 15th Paycheck 

Post#3 » by kenwood3333 » Fri Apr 17, 2020 9:42 pm

What is the withholding period? When will the players get the 25%?
dhsilv2
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Re: Players Agree To 25 Percent Reduction For May 15th Paycheck 

Post#4 » by dhsilv2 » Sat Apr 18, 2020 12:14 am

kenwood3333 wrote:What is the withholding period? When will the players get the 25%?


don't know all the details but they already have something like 10% withheld and get it later as is. So this isn't that different.

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