NBA players to receive 25% less in paychecks starting May 15

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San Francisco Chronicle

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A person with knowledge of the decision says NBA players will see 25% of their paychecks taken out starting May 15. The decision was finalized Friday in a board of governors meeting and was done in concert with the National Basketball Players Association, according to the person who spoke to The Associated Press on condition of anonymity because the deal had not yet been announced publicly. Players will be paid in full on May 1.

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