The financial impact of the Coronavirus is becoming more apparent by the day as businesses are closing and numerous people are out of work. Nearly everyone’s wallets are being impacted by the pandemic, basketball players as well. Let’s go over a few ways these athletes will be affected by the suspended NBA season and how some Atlanta Hawks players contracts are currently in limbo.
Declining BRI will negatively impact players salaries
Under the current CBA, the National Basketball Players Association (NBPA) is entitled to 50% of all basketball related income (BRI). Basically meaning that the players are entitled to half the earnings from revenue related to the games such as ticket sales and broadcast and licensing rights.