{"id":141847,"date":"2020-04-01T08:54:31","date_gmt":"2020-04-01T06:54:31","guid":{"rendered":"https:\/\/sportando.basketball\/?p=141847"},"modified":"2020-04-01T08:54:45","modified_gmt":"2020-04-01T06:54:45","slug":"nba-could-withhold-25-of-players-remaining-salaries-if-season-gets-canceled","status":"publish","type":"post","link":"https:\/\/sportando.basketball\/en\/nba-could-withhold-25-of-players-remaining-salaries-if-season-gets-canceled\/","title":{"rendered":"NBA Could Withhold 25% Of Players&#8217; Remaining Salaries If Season Gets Canceled"},"content":{"rendered":"<p>The NBA and National Basketball Players Association are discussing scenarios for withholding up to 25% of players&#8217; remaining salaries in a league escrow should regular-season games eventually be canceled, sources told ESPN.<\/p>\n<p>Players lose approximately 1 percent of salary per cancelled game based on Force Majeure provision, which covers several catastrophic circumstances, including epidemics\/pandemics. Once\/if there\u2019s a cancellation of games, Force Majeure automatically triggers under language of CBA.<\/p>\n<p>Players have the choice of either 12 or 24 installments when it comes to their contract. In the case of a possible salary reduction, every player is on equal footing. For players with only 2 paychecks remaining (after 4\/1), a reduction could come in future salary owed (20-21).<\/p>\n<p>If NBA does lose games and trigger the Force Majeure, it provides the league an option within 60 days of re-opening and renegotiating CBA with NBPA. Deal runs through 2025. The NBA&#8217;s expressed no interest in executing that option under these current circumstances, sources said.<\/p>\n<blockquote class=\"twitter-tweet\" data-partner=\"tweetdeck\"><p>Players have the choice of either 12 or 24 installments when it comes to their contract. In the case of a possible salary reduction, every player is on equal footing. For players with only 2 paychecks remaining (after 4\/1), a reduction could come in future salary owed (20-21).<\/p>\n<p>\u2014 Bobby Marks (@BobbyMarks42) <a href=\"https:\/\/twitter.com\/BobbyMarks42\/status\/1245160521810264066?ref_src=twsrc%5Etfw\">April 1, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-partner=\"tweetdeck\"><p>If NBA does lose games and trigger the Force Majeure, it provides the league an option within 60 days of re-opening and renegotiating CBA with NBPA. Deal runs through 2025. The NBA&#8217;s expressed no interest in executing that option under these current circumstances, sources said. <a href=\"https:\/\/t.co\/JWbj9q7Can\">https:\/\/t.co\/JWbj9q7Can<\/a><\/p>\n<p>\u2014 Adrian Wojnarowski (@wojespn) <a href=\"https:\/\/twitter.com\/wojespn\/status\/1245174761220714500?ref_src=twsrc%5Etfw\">April 1, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NBA and National Basketball Players Association are discussing scenarios for withholding up to 25% of players&#8217; remaining salaries in a league escrow should regular-season games eventually be canceled<\/p>\n","protected":false},"author":146,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_spbk_hide_featured":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[],"tags":[],"rumors":[],"typology":[],"posizionamento":[],"class_list":["post-141847","post","type-post","status-publish","format-standard","hentry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","digistream_id":0,"digistream":false,"_links":{"self":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/141847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/users\/146"}],"replies":[{"embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/comments?post=141847"}],"version-history":[{"count":0,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posts\/141847\/revisions"}],"wp:attachment":[{"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/media?parent=141847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/categories?post=141847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/tags?post=141847"},{"taxonomy":"rumors","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/rumors?post=141847"},{"taxonomy":"typology","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/typology?post=141847"},{"taxonomy":"posizionamento","embeddable":true,"href":"https:\/\/sportando.basketball\/en\/wp-json\/wp\/v2\/posizionamento?post=141847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}