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NBA players could refund millions to owners, sources say

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Blake Griffin of the Detroit Pistons

Leon Halip | Getty Images

National Basketball Association owners could get some financial relief in the form of of returned pay in any compensation deal with players, according to multiple people with knowledge of the situation.

In an hour-long call on Tuesday afternoon, executives at the National Basketball Players Association (NBPA), the players’ union, cleared up misinformation and told agents that any compensation deal constructed by the NBPA and league owners will include refunds on all NBA contracts.

The repayments will hit hardest for players who receive their paychecks on a six-month cycle, who receive more money per pay cycle but don’t get checks…



Source cnbc.com

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