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Posts tagged ‘Winston and Strawn’

28
Jan

Executive Compensation at the National Basketball Players Association (2021)

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 2021, the NBPA reported total revenue of $34 million (compared to $26 million in 2020, $68 million in 2019 and $45 million in 2018), most of which came from royalties ($21 million), membership dues $4 million), and investment income/gains ($3 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.  The decline in revenue in 2020-2021 appears to be due to the covid pandemic. Read more »