NBA credit line to be increased to $1.2 billion from $650 million amid coronavirus: Report

With NBA coronavirus shutdown, league has been looking to increase NBA credit line. NBA credit line will help increase cash flow while games have been cancelled indefinitely. As per reports, current $650 million NBA credit line could be increased to $1.2 billion in order to mitigate effects of NBA coronavirus shutdown. 

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NBA coronavirus shutdown: NBA credit line to be increased to $1.2 billion to increase cash flow

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Plan to increase NBA credit line discussed with NBA board of Governers

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As per ESPN, plan to increase NBA credit line was discussed between NBA Board of Goverrs. goverrs recently met again to discuss a final update on coronavirus outbreak. Former Surgeon General Dr Vivek Murthy, who served during former President Barack Obama's second term, was also on call. Reports claimed that Murthy talked to owners and convinced m about NBA t returning before June.

Adam Silver had NBA suspended during ongoing 2019-20 season after Utah Jazz's Rudy Gobert tested positive for COVID-19 last week. Along with Gobert, re are w seven NBA players with coronavirus. Kevin Durant along with three or Brooklyn Nets players tested positive on March 17 (March 18 IST), while Jazz's Dovan Mitchell and Detroit Pistons' Christian Wood tested positive a day after suspension. In a statement released Brooklyn Nets, y assured fans that players and staff members will remain isolated, while physicians closely monitor ir situation. 

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