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re: WNBA is now set to begin fully chartered private flights for the entire league

Posted on 5/7/24 at 8:46 pm to
Posted by boosiebadazz
Member since Feb 2008
80548 posts
Posted on 5/7/24 at 8:46 pm to
I’d be interested to know if this extra $50 million comes out of the NBA owners split of revenue only or if it comes out of the players split as well.
This post was edited on 5/7/24 at 8:48 pm
Posted by Corinthians420
Iowa
Member since Jun 2022
7181 posts
Posted on 5/7/24 at 9:04 pm to
quote:

I’d be interested to know if this extra $50 million comes out of the NBA owners split of revenue only or if it comes out of the players split as well.

It's $25 million per year. NBA players and owners split REVENUE evenly so the players won't foot any of the costs it seems.

quote:

The collective bargaining agreement between players and the league calls for players to receive 51% of basketball related income. The NBA withheld 15% of player salaries last season to ensure that revenue split was achieved. Revenue gains during that season mean players will ultimately retain 97.35% of their 2022-23 playing salaries, according to two people familiar with the accounting who were not authorized to speak publicly. The league will keep 2.65% of the $4.5 billion in player contracts from the 2022-23 season.

crazy that NBA players make $4.5 billion a year when this board insists noone cares about the NBA
This post was edited on 5/7/24 at 10:49 pm
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