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Video: CNBC’s Darren Rovell talks missed NBA paychecks

NBA players back out

In this photo released by Mexico’s Attorney General’s Office (PGR) on Friday March 16, 2007 a large amount of cash in U.S. dollar currency is displayed at an undisclosed location in Mexico City. Federal officials seized US$ 205.6 million ( 154.3 million) in cash from a luxury house in one of Mexico’s most upscale neighborhoods and said they believe the money was tied to the methamphetamine trade. Seven people were detained as well.(AP Photo/PGR-HO) NO SALES

ASSOCIATED PRESS

Tuesday would have been the first payday of the first payday of the year for NBA players — as of today they are missing paychecks. How much money are we talking? CNBC’s Darren Rovell breaks it out for some of the big names and yes, Kobe Bryant just missed a more than $1 million payday. But of course, that’s before taxes, after taxes it’s barely enough to live on (*cough*).

Some owners thought going into this that if the players missed a paycheck or two the owners leverage would skyrocket. Instead, the players have dissolved the union as its negotiator and filed antitrust lawsuits against the owners. They are fighting back.

Which may well doom the season.