Sports • Basketball

NBA players to take 25% pay cut starting May 15

Associated Press reports NBA Commissioner Adam Silver announced the league players will receive 25% less in paychecks starting May 15.

The decision was made in concert with the National Basketball Players Association, with the league saying it would “provide players with a more gradual salary reduction schedule” if games are officially canceled or the rest of the season is totally lost.

“I think there is a sense that we can continue to take the leading role as we learn more in coming up with an appropriate regimen and protocol for returning to business,” Silver said.

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