NBA players could be taking a hit in the pocketbook as a result of the COVID-19 pandemic.
According to Shams Charania of The Athletic, the NBA has proposed that players take a 50 percent pay reduction beginning with their next paycheck. However, the National Basketball Players Association has countered with a proposal of 25%, starting in mid-May.
Sources: The NBA is proposing to the NBPA that players take a 50 percent paycheck reduction beginning April 15. The NBPA has counter-proposed a 25 percent reduction of paychecks starting in mid-May.— Shams Charania (@ShamsCharania) April 3, 2020
On the Hoop, Adjacent Podcast with David Aldridge and Curt Gowdy, Trail Blazers star CJ McCollum was asked about the prospect of losing money.
McCollum knows it's a possibility, but is more concerned with making sure people are safe during these trying times.
Everything is on the table, you have to figure out a solution to a problem we've never had before. Financially, obviously, there are implications to not playing basketball. Not playing basketball for the rest of the year means we lose 23.5% of games played regular season and a complete playoff run. Not to mention the issues we've had with a certain owner and China... This is a year where Adam (Silver) has been put to the test and Adam has responded admirably. He's done a tremendous job of being in front of, essentially, everything. This is the point where we have to discuss, bunker down, and come to an agreement on a solution going forward. A lot of money is at stake. A lot of people's lives are at stake right now. I think it's more important that we worry about health as opposed to basketball. I think going forward that should be the approach. Health over everything. Figuring out how to keep the most amount of people safe going forward and then we can figure out the logistics of what everything else looks like later. - CJ McCollum
You can listen to the entire podcast HERE.
At this time the league and it's players would still prefer to restart the season at some point, but the reality is setting in that it just may not be feasible.