CJ McCollum believes a third of NBA players live paycheck-to-paycheck

Portland Trail Blazers guard CJ McCollum spoke in a recent interview about NBA minimum salary, COVID-19 outbreak and NBA lay offs during suspension. During interview, CJ McCollum stated that he thinks some NBA players are living paycheck-to-paycheck during crisis. CJ McCollum also serves as National Basketball Players Association's (NBPA) vice president. 

CJ McCollum discusses NBA minimum salary, pay cut and lay offs

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NBA minimum salary: CJ McCollum thinks players with NBA minimum salary could be living paycheck to paycheck

While speaking to ESPN, CJ McCollum stated that players who maybe did t budget correctly could be waiting for ir next paycheck. He said that people with NBA minimum salary could also be among those who might have a problem getting through without a paycheck. He furr added that some players might have multiple people to take care of, which could be problematic since suspension of league. As per CJ McCollum's calculations, around 150 out of 450 players live paycheck-to-paycheck. NBA season has been suspended since March 11. 

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NBA pay cut: league wanted a 50% reduction in salary for NBA players

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NBA lay offs: Larry H Miller Group takes decision towards Utah Jazz layoffs amid COVID-19 crisis

In statement made by Larry H Miller Group, y addressed unfortunate layoffs. As per statement, company has worked towards reducing costs along with executive compensation but will have to let some employees go, which includes Utah Jazz staff. In statement made by Larry H Miller Group, y addressed unfortunate Utah Jazz layoffs. As per statement, Larry H Miller Group of Companies have worked towards reducing costs along with executive compensation. 

Also read | NBA lay offs: Utah Jazz will be downsizing 'small percent' of workforce to cover losses