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Posts tagged ‘Ronald Klempner’

30
Jan

Executive Compensation at the National Basketball Players Association (2020)

The National Basketball Players Association (NBPA) is a tax-exempt, non-profit 501 (c) 5 – a trade union representing the 450 basketball players (30 teams with 15 players) in the NBA. So, this association serves a very small populatlon.

In 2020, ,the NBPA reported total revenue of $67 million (compared to $45 million the previous year), most of which came from royalties ($51 million), membership dues $7 million), and investment income/gains ($6 million). It is unclear how much each NBA player pays in membership due because the NBPA also has dues for agents which ranges from $2,500 – $7,500 annually, depending on how many players the agent represents. Read more »