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NBA players to take 25% pay cut due to coronavirus pandemic

NBA Commissioner Adam Silver pauses while speaking at a news conference before an NBA preseason basketball game between the Houston Rockets and the Toronto Raptors Tuesday, Oct. 8, 2019, in Saitama, near Tokyo. (AP Photo/Jae C. Hong) Credit: AP/Jae C. Hong

NBA players will see 25% of their paychecks taken out starting May 15, the first direct hit to their salaries because of the coronavirus pandemic.

The decision was made Friday in a board of governors meeting and was done in concert with the National Basketball Players Association. Players will be paid in full on May 1.