Steph Curry suffers $5.1M loss after NBA players forfeit $480M to make up revenue shortfall
3 Articles
3 Articles
Stephen Curry Just Missed Out On A Massive Seven-Figure NBA Payout, And Here’s The Surprising Reason Why
Stephen Curry (Image Credit: Imagn) The NBA recently finished its financial report for the 2024-25 season. The league confirmed that the total basketball-related income was $10.25 billion. The numbers make sense as the players are promised 51% of that income under the NBA’s collective bargaining agreement. And it also includes Stephen Curry‘s payout. Curry just lost out on over $5 million from his salary. The NBA holds back 10% of every player’s…
NBA Players Forfeit $480M From Escrow Fund After Revenue Shortfall
NBA players will forfeit more than $480 million from the escrow fund after the league's basketball-related income fell short of projections for the 2024-25 season. The NBA pegged BRI at $10.25 billion, according to someone familiar with the accounting who was granted anonymity because the details are private. Players will retain just 90.9 percent of their salaries from last season. The collective bargaining agreement requires the league to withh…
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