After it was announced the Warriors would play games at Chase Center without fans earlier this month, team president Rick Welts was asked during a press conference whether the loss in ticket revenue might affect the salary cap. Welts, as well as general manager Bob Myers, acknowledged it would.
“Our player compensation system is based on basketball-related income,” Welts said. “And this will affect basketball-related income.”
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“The answer we do know is it will,” Myers added. “To what degree, nobody knows.”
Hours after that press conference, the spread of the coronavirus forced the NBA to suspend its season indefinitely, presenting an unprecedented financial challenge for the league.