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Mane՛ Babayan

15-05-2020 | 17:03 Basketball
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Steph Curry alongside LeBron James to pay NBA back as league begins reductions

The NBA will start withholding salary from player paychecks on Friday as part of the agreed upon pay checks between the NBA and the NBA Players Association. Players will have to expect a 25 percent pay cut in compliance with the collective bargaining agreement’s “force majeure” clause. The reductions apply to every player, however six of the game’s 10 highest earners have already been paid and will not have cuts immediately beacuse of the coronavirus crisis. According to ESPN, LeBron James, Stephen Curry, John Wall, Blake Griffin, Kevin Durant and Paul George have all already been paid in full, however they will have to pay back that reduction when they get their advances for the 2020-21 season, which will be on October 1. Curry makes approximately $40.2 million each season, most in the league, and will have to pay back $420,000 per paycheck each time there is a scheduled 25 percent reduction. James, who makes approximately $37.4 million per year, will have a pay-back of $370,000 per paycheck. Source- Yahoo! Sports

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