CJ McCollum guesses 150 NBA players are living ‘paycheck to paycheck’ due to COVID-19
Owners and players are bound to lose money moving forward due to the work stoppage and there’s always the possibility of the season getting canceled altogether.
McCollum told Williams that the NBA is on pace to lose about “23.5 percent of income of this season.”
— Jay Williams (@RealJayWilliams) April 6, 2020
The NBA’s collective bargaining agreement allows the league to reduce player salaries by 1/92.6th for each game missed because of, among other things, epidemics.
It’s not yet known if NBA players will receive their scheduled April 15th salaries in full. Approximately 90 percent of NBA players received less than half of their 2019-20 salaries when the April 1st checks went out because they are on 12-month payment plans, according to Marc Stein of The New York Times.
McCollum signed a $100 million extension with the Blazers last summer. He was scheduled to make $27,556,959 this season, but that was when games were going on.
Before the season was suspended, McCollum was averaging 22.5 points, 4.1 rebounds and 4.3 assists for the Blazers. The 28-year-old was shooting 45.3 percent from the field, 38.0 percent from beyond the arc and 75.0 percent from the free-throw line.
The Blazers were in ninth place in the Western Conference standings.