{"id":30078,"date":"2020-04-03T22:24:15","date_gmt":"2020-04-04T02:24:15","guid":{"rendered":"https:\/\/lastwordonprobasketball.com\/?p=30078"},"modified":"2020-04-03T22:24:15","modified_gmt":"2020-04-04T02:24:15","slug":"nba-wants-players-to-take-a-50-percent-pay-cut-by-april-15th","status":"publish","type":"post","link":"https:\/\/lastwordonsports.com\/basketball\/2020\/04\/03\/nba-wants-players-to-take-a-50-percent-pay-cut-by-april-15th\/","title":{"rendered":"NBA Wants Players to Take a 50 Percent Pay Cut by April 15th"},"content":{"rendered":"<p>The NBA (National Basketball Association) has asked the players to take a 50 percent pay cut. This is according to Shams Charania, a senior lead National Basketball Association insider.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sources: The NBA is proposing to the NBPA that players take a 50 percent paycheck reduction beginning April 15. The NBPA has counter-proposed a 25 percent reduction of paychecks starting in mid-May.<\/p>\n<p>&mdash; Shams Charania (@ShamsCharania) <a href=\"https:\/\/twitter.com\/ShamsCharania\/status\/1246169063170203648?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">April 3, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The NBPA wants to take a pay cut of only 25 percent by mid-May. These proposals by both the National Basketball Association and the NBPA will probably enter long negotiations in the coming months.<\/p>\n<h2><strong>NBA Players Could Take 50 Percent Pay Cut by Mid-April<\/strong><\/h2>\n<p>A report from <a href=\"https:\/\/www.sportsnet.ca\/basketball\/nba\/report-nba-proposing-players-take-pay-cut-50-per-cent-starting-mid-april\/\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Sportsnet<\/a> stated that NBA Commissioner Adam Silver has also taken a 20 percent pay cut to his salary. Also, the top 100 executives of the NBA&#8217;s league office will also take a pay cut.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The NBA is reducing base salaries by 20 percent of approximately 100 of the league office\u2019s top-earning executives around the world, sources tell ESPN.<\/p>\n<p>&mdash; Adrian Wojnarowski (@wojespn) <a href=\"https:\/\/twitter.com\/wojespn\/status\/1243252705839271939?ref_src=twsrc%5Etfw\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">March 26, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While these measures are shocking, it is not surprising. The spread of the coronavirus will likely hit a lot of small and large businesses hard. Sacrifices will have to be made for all parties involved.<\/p>\n<p>According to <a href=\"https:\/\/basketball.realgm.com\/wiretap\/257775\/NBA-Proposes-Players-Take-50-Percent-Pay-Cut-Beginning-April-15th\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">RealGM Wiretap<\/a>, the National Basketball Association players received their payment in full on April 1<sup>st<\/sup>, but it was unclear how future payments would be paid. Expect the negotiations to begin between the NBA and the NBPA.<\/p>\n<h3><strong>Other Prominent Sports Leagues Asking Pay Cut Reductions<\/strong><\/h3>\n<p>The NBA is not the only prominent league asking players to get a pay cut reduction. The Barclays Premier League in England is also looking at a reduction of their player salaries according to Richard Parry of the <a href=\"https:\/\/www.standard.co.uk\/sport\/coronavirus-latest-sport-news-football-premier-league-postponed-player-pay-cuts-a4405771.html\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">Evening Standard<\/a>.<\/p>\n<p>Premier League clubs have &#8220;unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30 percent of total annual remuneration.&#8221;<\/p>\n<p>Expect other prominent professional sports leagues to do the same. According to Emily Kaplan of <a href=\"https:\/\/www.espn.com\/nhl\/story\/_\/id\/28972422\/nhl-viewers-club-emergency-backup-goalie-beat-maple-leafs\" target=\"_blank\" target=\"_blank\" rel=\"noopener noreferrer\">ESPN<\/a>, the NHL temporarily has asked its employees to take a pay cut of 25 percent. The NHL season runs parallel to the NBA. It is possible that they may ask their players to also take a pay cut.<\/p>\n<p>It is a strange time in sports right now. These cuts may look extreme but are necessary and essential for the NBA to take. The NBA is a well-established league that will survive the coronavirus. However, everyone within the NBA will need to make sacrifices in the short-term. This is so that the NBA brand can remain prosperous in the long-term.<\/p>\n<p>Main Photo<br \/>\n<a id=\"B9E2UhMPTFBoyOLMnr0mXw\" class=\"gie-single\" href=\"http:\/\/www.gettyimages.com\/detail\/801765816\" target=\"_blank\" style=\"color:#a7a7a7;text-decoration:none;font-weight:normal !important;border:none;display:inline-block;\" target=\"_blank\" rel=\"noopener noreferrer\">Embed from Getty Images<\/a><script>window.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'B9E2UhMPTFBoyOLMnr0mXw',sig:'Z8UGS_bAA5-QzIFRugDQMcaDSMapI4dRxHvUU9kdBFM=',w:'594px',h:'396px',items:'801765816',caption: true ,tld:'com',is360: false })});<\/script><script src='\/\/embed-cdn.gettyimages.com\/widgets.js' charset='utf-8' async><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NBA (National Basketball Association) has asked the players to take a 50 percent pay cut. This is according to Shams Charania, a senior lead National Basketball Association insider. Sources: The NBA is proposing to the NBPA that players take a 50 percent paycheck reduction beginning April 15. The NBPA has counter-proposed a 25 percent [&hellip;]<\/p>\n","protected":false},"author":3104,"featured_media":30094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","sfio_featured_image":false,"sfio_embed_code":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[62,1608,3],"tags":[615,3204,3206,96,3202,3205,3203],"class_list":["post-30078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nba","category-basketball","category-news","tag-adam-silver","tag-barclays-premier-league","tag-national-basketball-association","tag-nba","tag-nba-players","tag-nhl","tag-pay-cut"],"modified_by":"Tyler Marling","_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/posts\/30078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/users\/3104"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/comments?post=30078"}],"version-history":[{"count":0,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/posts\/30078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/media\/30094"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/media?parent=30078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/categories?post=30078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lastwordonsports.com\/basketball\/wp-json\/wp\/v2\/tags?post=30078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}