ABPA and NBL set up Players' Hardship Fund.
The ABPA and NBL have formed a hardship fund to provide assistance to players during this period of reduced salaries, and also to those that do not have a contract next season furthermore their current contract ends 30th April.
The fund has $350k, the max one can draw is $4k, thats 87 players over 9 teams.
That seems a low amount per player and I doubt there are 87 players that need coverage.
Three players announced to receive payments so far are:
- Adam Gibson.
- Clint Steindl.
- Mitch McCarron.
Mitch McCarron needs emergency hardship funding?????? WTF.
Gibbo and Steindl will be on less coin however this means their salary cut was less (per the table previously outlined), but these 2 are understandable.
McCarron is getting this money is a complete joke, there's obviously no due diligence as to the player's financial situation.
I am also unsure of why players who have contracts up until 30th April but are still playing this season until June (if playoffs eligible) are being covered by the fund?
Shouldn't they and the team they play for be negotiating a small 2 month extension for getting paid for the work they are actually putting in??