NBA’s $900 million assist
League to give $30 million to each of its teams to protect their finances as new season approaches
As it did at the start of the COVID-19 crisis, the NBA is making the first move, this time using the private placement market to raise money to help teams through the tough times. Photo: getty images
The NBA will give each of its 30 teams a cash distribution of $30 million, for a total ...
