The Philippine Basketball Association (PBA) has decided to impose a salary cut to lessen the financial impact of the ongoing inactivity due to the coronavirus pandemic.
This developed as the league officially shifted gears from figuring out how to get its 46th season running to finding a way to get its entire community inoculated against COVID-19.
“During (Monday’s) board meeting, I recommended [that] everyone take a salary cut,” PBA chief Willie Marcial said at a press briefing on Tuesday. “We’re looking at 20 percent. That covers players, coaches, assistant coaches, team managers, and other team personnel, except for the utility staff. That’s what the [team] governors and I a…
Keep on reading: Cutting costs, not lines