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re: Let’s say the NBA cancels the rest of the season
Posted on 9/1/20 at 7:59 am to teke184
Posted on 9/1/20 at 7:59 am to teke184
Are ALL these players in professional sports still getting paid?? If so, where is the money coming from? If they have a contract to play and they choose NOT to play isn't that breaking the contract? Let's see how long they remain SJW with no millions coming in.
I have no issues with the NBA, NFL, MLB, etc. not playing and instead concentrating on stupid liberal SJ racial causes - let's see how that works out in terms of contract dollars!
I have no issues with the NBA, NFL, MLB, etc. not playing and instead concentrating on stupid liberal SJ racial causes - let's see how that works out in terms of contract dollars!
This post was edited on 9/1/20 at 8:04 am
1
Posted on 9/1/20 at 8:07 am to Moe Betta
Contracts are based on a mix of what was previously signed and the predicted sport-related income for the upcoming year.
In basketball, about 10-15% of salaries are held in escrow in case of a shortfall in Basketball Related Income (BRI) and the next year’s cap will be drastically altered if the money from the current year comes up short.
Know who gets fricked hardest if that happens? Anthony Davis, who is up for his third contract. His new deal is based off a percentage of a team’s salary cap amount for the upcoming season.
35% of $100m is a lot better than 35% of $80m or less, which is what may happen if they piss off the US market as well as the Chinese market.
In basketball, about 10-15% of salaries are held in escrow in case of a shortfall in Basketball Related Income (BRI) and the next year’s cap will be drastically altered if the money from the current year comes up short.
Know who gets fricked hardest if that happens? Anthony Davis, who is up for his third contract. His new deal is based off a percentage of a team’s salary cap amount for the upcoming season.
35% of $100m is a lot better than 35% of $80m or less, which is what may happen if they piss off the US market as well as the Chinese market.
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