NBA commissioner Adam Silver paints grim financial future to players

[Counselor706]

NBA commissioner Adam Silver prepared players for a potentially grim landscape amid the coronavirus pandemic, suggesting there are no guarantees when fans could fully return to NBA arenas next season.

Silver said that 40% of the league's revenue comes from money built around game nights in arenas.

Through it all, Silver reminded players that these were issues that needed to be collectively bargained with the NBPA. Among those issues, he said, included how future basketball-related income and salary caps would be affected by massive decreases in revenue.

He flatly told players about the current collective bargaining agreement: "The CBA was not built for extended pandemics."

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[FL30]

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NOTHING has ever been built or prepared for extended pandemics.

At least they were able to shelter in their million dollar homes and NOT have to go to work every day like the front line workers did.

Millionaires shouldn't be crying, they're in the top 1%.