Re: Salary cap implications of the Coronavirus
Posted: Wed May 13, 2020 4:30 pm
Some doubts:
1) Could NBA cut next seasons players salary based in a revenue drop forecast based in force majure clause to preserve teams cap space? Or it would be necessary an new agreement between the parts?
2) Players after april are receiving 20% less based in force majure clause but they already received a great amount of the salaries and some already been paid 100%. If the cut proves to be not enough and and the end of the season players make 70% of the actual revenue and owners only 30%, owners could make more than 50% in the following seasons to get even.
1) Could NBA cut next seasons players salary based in a revenue drop forecast based in force majure clause to preserve teams cap space? Or it would be necessary an new agreement between the parts?
2) Players after april are receiving 20% less based in force majure clause but they already received a great amount of the salaries and some already been paid 100%. If the cut proves to be not enough and and the end of the season players make 70% of the actual revenue and owners only 30%, owners could make more than 50% in the following seasons to get even.