The NBA and the National Basketball Players Association reached an agreement to withhold 25 percent of all players’ salaries starting May 15, the league and the players union announced Friday.
The players are expected to receive their full paychecks on May 1, however.
The deal to withhold the portion of each player’s paycheck would allow for a gradual reduction in salary should the “force majeure” provision of the collective bargaining agreement be enacted if the remainder of the season is canceled due to the coronavirus pandemic.
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