NBPA Wants to Use TV Revenue to Fund Health Insurance for Former Players

NBPA Wants to Use TV Revenue to Fund Health Insurance for Former Players

Union proposal is expected to pass later this month.

Published July 7, 2015

Here's an idea.

With the NBA preparing to usher in a new $2.7 billion annual television deal beginning in 2016, the National Basketball Players Association is proposing to use millions of those dollars to help cover health-insurance costs for the league's former players.

According to Yahoo Sports, the Players Association wants to dedicate between $10 million and $15 million per year from TV revenue towards health insurance costs for ex-NBA players. A vote on the proposal will take place during the NBPA's membership meeting in Las Vegas on July 20.

However, Yahoo Sports is reporting that the union's 30 team player reps are expected to pass the plan resoundingly without a problem. The NBA was founded in 1946, so there are hundreds of retired players who could certainly benefit from the perks of the league's new revenue stream from television and apparel deals.

The approval of this proposal would be quite the accomplishment for NBPA executive director Michele Roberts and director of player relations Roger Mason (both pictured), who already saw to it that the players would host their own awards later this month.

BET will produce the first annual Players' Awards in Las Vegas on Sunday, July 19.

BET Sports News — Get the latest news and information about African-Americans in sports, including weekly recaps, celebrity news and photos of your favorite Black athletes.

(Photos from left: Pete Marovich/Getty Images, Gustavo Caballero/Getty Images for National Basketball Players Association)

Written by Mark Lelinwalla

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