Nah, they have agreements in the CBAs about this kinda stuff. I'm not sure how MLB is gonna deal w/ it because this is preliminary for them but NBA/NHL salaries likely will be prorated.
Owners definitely taking a hit, just like other businesses. MSG is the stock symbol for the holding company that owns the Knicks, Rangers, MSG arena and a few other arenas and a bunch of cable networks and it has lost about 1/3rd of its value. Just a proxy, not many teams publicly traded.
Owners definitely taking a hit, just like other businesses. MSG is the stock symbol for the holding company that owns the Knicks, Rangers, MSG arena and a few other arenas and a bunch of cable networks and it has lost about 1/3rd of its value. Just a proxy, not many teams publicly traded.
My buddies son is a mlb player yes he getting payed but what he is being payed now but when season starts what he’s payed now will be deducted from what ever season is left and if season canceled won’t have to pay it back . That was as of last week when season was thought to start around memorial weekend but as of a few days ago all pushed back maybe June July. Honestly who knows I just know he wants to play .
"National Hockey League players will receive their final three scheduled paychecks, despite the season being suspended because of the coronavirus outbreak, deputy commissioner Bill Daly told ESPN on Friday."
https://www.espn.com/nhl/story/_/id/28899889/nhl-players-paid-final-3-checks-end-season
https://www.espn.com/nhl/story/_/id/28899889/nhl-players-paid-final-3-checks-end-season
"[h=1]NBA will pay players their next paycheck on April 1, but nothing set in stone after that, per report"[/h]
...The NBA and its players are in a very difficult financial position. With games suspended amid the coronavirus outbreak, teams have no revenue incoming. Players have guaranteed contracts, though, so the two sides have to sort out how to approach this crisis in a manner satisfactory to all involved. While no long-term plan has been made, the NBA took a short-term step to appease the players on Friday. Teams will pay players their next scheduled check on April 1, according to ESPN's Adrian Wojnarowski.
https://www.cbssports.com/nba/news/...t-nothing-set-in-stone-after-that-per-report/
...The NBA and its players are in a very difficult financial position. With games suspended amid the coronavirus outbreak, teams have no revenue incoming. Players have guaranteed contracts, though, so the two sides have to sort out how to approach this crisis in a manner satisfactory to all involved. While no long-term plan has been made, the NBA took a short-term step to appease the players on Friday. Teams will pay players their next scheduled check on April 1, according to ESPN's Adrian Wojnarowski.
https://www.cbssports.com/nba/news/...t-nothing-set-in-stone-after-that-per-report/
"The uniform player contract, as detailed in MLB’s collective bargaining agreement, contains language specific to the financial ramifications of a national emergency. The clause in paragraph 11 of the contract effectively allows MLB Commissioner Robert Manfred to suspend player contracts in situations where government orders force the cancellation of games.
https://www.foxbusiness.com/sports/coronavirus-mlb-player-contract-national-emergency
"PRO BASEBALL PLAYERS STILL GETTING PAID DURING CORONAVIRUS SHUTDOWN, SOME AT $4,775 PER DAY
...Baseball in America got suspended indefinitely during the coronavirus pandemic. That does not mean baseball players from both the minor and major leagues aren't still getting paid.While many people in America have lost jobs, or had their hours and pay reduced because of coronavirus, a minor league player whos contract is between $46,000 to $91,799 will receive $275 per day during the shutdown, according to the Associated Press.
In a 30-day period, that equals $8,250 for one month—not bad for those on the lowest pay scale. Some Major League Baseball (MLB) veterans will make $4,775 per day, or roughly $143,000 per month while in shutdown mode. Though it may be meager pay for some of the players who have salaries beyond $20 million, it's still a substantial amount of money compared to the "essential workers" battling coronavirus conditions as the pandemic gets worse by the day.
Though many baseball players will also see a cut in pay, the reduced salary is still more than lots of Americans bring home each month.
The AP obtained the numbers from MLB and the players association, which negotiated terms on how to maintain operations during the work stoppage.
Terms of the agreement state that baseball teams will collectively pay $173 million in work stoppage salaries in a period from March 26 - May 24, or an earlier date if baseball starts back before May 24.
https://www.newsweek.com/pro-baseba...oronavirus-shutdown-some-4775-per-day-1495374
https://www.foxbusiness.com/sports/coronavirus-mlb-player-contract-national-emergency
"PRO BASEBALL PLAYERS STILL GETTING PAID DURING CORONAVIRUS SHUTDOWN, SOME AT $4,775 PER DAY
...Baseball in America got suspended indefinitely during the coronavirus pandemic. That does not mean baseball players from both the minor and major leagues aren't still getting paid.While many people in America have lost jobs, or had their hours and pay reduced because of coronavirus, a minor league player whos contract is between $46,000 to $91,799 will receive $275 per day during the shutdown, according to the Associated Press.
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In a 30-day period, that equals $8,250 for one month—not bad for those on the lowest pay scale. Some Major League Baseball (MLB) veterans will make $4,775 per day, or roughly $143,000 per month while in shutdown mode. Though it may be meager pay for some of the players who have salaries beyond $20 million, it's still a substantial amount of money compared to the "essential workers" battling coronavirus conditions as the pandemic gets worse by the day.
Though many baseball players will also see a cut in pay, the reduced salary is still more than lots of Americans bring home each month.
The AP obtained the numbers from MLB and the players association, which negotiated terms on how to maintain operations during the work stoppage.
Terms of the agreement state that baseball teams will collectively pay $173 million in work stoppage salaries in a period from March 26 - May 24, or an earlier date if baseball starts back before May 24.
https://www.newsweek.com/pro-baseba...oronavirus-shutdown-some-4775-per-day-1495374
"The Premier League announced that the 2019-20 season has been suspended indefinitely. The league doesn't plan to return until it is "safe and appropriate to do so." In addition, players are also slated to face a 30 percent pay cut."
https://www.cbssports.com/general/n...y-wnba-postpones-start-of-training-camp/live/
https://www.cbssports.com/general/n...y-wnba-postpones-start-of-training-camp/live/
Yes these poor poor owners with all their billions of dollars. How ever will they survive? Are they going to be ok?
Maybe you need to setup a GoFund me for all these owners bro. LMAO
10+ million Americans unemployed and your asking about the well-being of these owners of PROFESSIONAL sports teams. Seriously?
Yes these poor poor owners with all their billions of dollars. How ever will they survive? Are they going to be ok?
Maybe you need to setup a GoFund me for all these owners bro. LMAO
10+ million Americans unemployed and your asking about the well-being of these owners of PROFESSIONAL sports teams. Seriously?
It was just a question.. If these teams end up in the shitter , no one here is going to shed tears
why do libs... hate the people that create biz that allow people... 2 make a living???Yes these poor poor owners with all their billions of dollars. How ever will they survive? Are they going to be ok?
Maybe you need to setup a GoFund me for all these owners bro. LMAO
10+ million Americans unemployed and your asking about the well-being of these owners of PROFESSIONAL sports teams. Seriously?
I think once they figure out how many games they are going to play in the season is when they determined how much the players are to recieve.
I have friends who work for professional sports teams. They are all working from home, all getting paid in full, and are all nervous about keeping their jobs
I have friends who work for professional sports teams. They are all working from home, all getting paid in full, and are all nervous about keeping their jobs
