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Coronavirus: NBA could cut player wages in April

2020-03-21T18:25:53.471Z


The North American Basketball League plans to pay players their full wages on April 1 as scheduled, but may start making cuts starting April 15 to recover money lost as a result of the suspension. of the season.


Citing a note from the NBA sent to clubs on Friday, ESPN says the league may soon begin to withhold wages, based on a "force majeure" clause in its collective agreement with the players. The note says the league will notify the teams before April 15, the day the regular season was originally scheduled to end.

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The worldwide spread of the Covid-19 has caused the suspension of numerous sports competitions, including the NBA, which was arrested on March 13 after a first case diagnosed in a player, the Frenchman Rudy Gobert (Utah Jazz). Under the terms of the collective agreement, the League can withhold a percentage of salaries in the event of a catastrophic situation which requires the cancellation of matches, in particular in the event of a pandemic.

Significant financial losses

The League could therefore in the short term withhold the players' wages under this clause and pay them later if the matches were ultimately to be played. To date, it is impossible to know when and if the NBA season will resume. According to media reports, the owners of the League, who expect to suffer significant financial losses if the season does not resume, have asked the cinemas if it was possible to play matches in August.

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Source: lefigaro

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