The NBA To Pay April 15 payroll with doubt over May Payroll
NBA confirmed players in the league will receive on April 15 checks with full payment of their salaries despite not having played any games since last March 11.
The league has already sent the 30 NBA teams the internal memo confirming that the payment will be complete, as established in the collective agreement.
The decision comes after several weeks of talks the league has had with the players’ union about the payment of wages during the suspension of the competition due to the coronavirus pandemic.
The last NBA games – four – were played on March 11, the same day that Utah Jazz Center Rudy Gobert tested positive for coronavirus and was the first professional in the league to be infected with the disease. of COVID-19 and that in the United States at least 16,000 people have already been killed.
The pandemic will cause the delay of some 259 games of the regular season (21 percent of the total) that still remained to be played until April 15 and which, if not played or without spectators in the stands, will represent the league stop receiving revenue of $ 700 million.
NBA commissioner Adam Silver declared earlier this week that no decisions would be made about the remainder of the season, even if the competition can resume before May.
Neither game has been canceled yet and the playoffs were due to start on April 18.
Being paid in full now doesn’t mean things will stay that way for players, either.
What the collective bargaining agreement between the league and its players describes as a “Force Majeure Event,” the legal term for unforeseeable circumstances, such as an epidemic or pandemic, could still go into effect.
Under the Collective Bargaining Agreement, players could lose 1.08% of their annual salary for each game that is canceled.
Most NBA players are paid on the 1st and 15th of each month.
The next scheduled payment will arrive on May 1, and it is unclear whether those controls will be affected by the possibility of shortening the season or whether it will not be resumed and terminated.