G League salaries rising to $35K

G League salaries rising to $35K

G League salaries rising to $35K

Photo Guerschon Yabusele of the Maine Red Claws (42) and Alfonso McKinnie of Raptors 905 in a G League game. The league had been paying $26K or $19K, depending on players' classifications.

The N.B.A.is instituting a long-anticipated salary increase in its developmental league, the league announced Tuesday.

The league will be raising its base salary $7,000 per month over the course of the five-month regular season, to $35,000 a season, in addition to housing and insurance benefits.

The G League also says about 25 percent of its players this past season earned an average of $44,000 in affiliate player bonuses.

Visa (V) Holdings Trimmed by Assenagon Asset Management SA
Barclays reaffirmed a "buy" rating and set a $145.00 price target on shares of Visa in a research report on Friday, January 5th. Atalanta Sosnoff Capital Llc sold 20,836 shares as the company's stock rose 4.18% while stock markets declined.

Two-way players next season will earn up to $77,250, topped on days where they're called up by the prorated National Basketball Association rookie salary.

The Washington Wizards will introduce its G-League team, the Capital City Go-Go, next season. That will leave Denver, New Orleans and Portland as the only N.B.A. teams that do not field a direct G League affiliate.

There also are pools for G League players who go to the playoffs and win end-of-season awards. Starting next season, according to the new salary figures, such deals will pay $77,250 in the G League (prorated for days spent on a G League roster) and an N.B.A. rookie minimum salary prorated for days spent with their N.B.A. team. That salary is slightly up from $75,000 this season and brings the potential earnings up to $385,000.

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