NBA players already paid in full will owe money from 2020-21 salaries

A hundred of NBA players is instead projected to lose, tomorrow, at least $100,000 on their paychecks.

NBA teams will withhold more than $30 million from player paychecks on Friday as players receive their first salary reduction since the league and union agreed to temporarily cut pay by 25%. Five of the NBA’s top-10 earners, however, have already been paid in full and won’t see a pay decrease. LeBron James, Stephen Curry, John Wall, Blake Griffin and Paul George will have their pay reduced beginning for the 20-21 season, as reported by ESPN’s Bobby Marks.

Of the 434 players under contract, 100 will have their scheduled paychecks drop by at least $100,000. Brooklyn Nets stars Kevin Durant is paid in 13 installments and will lose $360,000 on Friday. According to the collective bargaining agreement, players lose approximately 1% of salary per canceled game, based on the force majeure provision that covers several catastrophic circumstances, including epidemics and pandemics.

Fonte: Bobby Marks.

Post your comment