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Volume 23 No. 40
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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 ...

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