The Limited Times

Now you can see non-English news...

Coronavirus: in Nba towards agreement to cut 25% salaries

2020-04-17T22:10:15.467Z


The stars and stripes basketball championship has stopped since March 11 (ANSA)


The NBA and the players' union are about to close the deal on a plan that provides for a deduction of 25% of the salary of each athlete from May 15. This was reported by the sports broadcaster Espn, citing sources its sources according to which the formal ratification of the plan is very close. The agreement would provide a gradual reduction in players' salaries should the "force majeure" clause provided for in the collective agreement be applied following the cancellation of the regular season games. Although the US basketball championship has stopped since March 11, players have continued to receive their wages without reductions and will also receive them on May 1. According to the plan, the money withheld would be set aside and paid to the players if the season were to resume and close with all the scheduled matches played. Otherwise, the teams would retain a percentage of the salaries based on the number of games not played. 

Source: ansa

All life articles on 2020-04-17

You may like

News/Politics 2024-02-23T18:22:22.237Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.