HISTORY OF NBA PENSIONS

There is one big error with this article and that is the former ABA players are not included. The founders of the NBA’s modern game are dying penniless while pre-1965 players, even those from as far back as the BAA and NBL, precursors of the NBA! Just amazing.

From legendsofbasketball.com:

March 2, 2017

Today, the NBA has what is widely considered the best pension plan for retired players amongst professional sports organizations in North America. In fact, as recently as June of this year, the National Basketball Players Association announced that its player representatives’ unanimously voted to fund health insurance for all retirees who have played at least three years in the Association, the first benefit plan of its kind in all of sport.

NBPA President Chris Paul, the point guard for the Los Angeles Clippers, said, “The game has never before been more popular, and all the players in our league today recognize that we’re only in this position because of the hard work and dedication of the men who came before us. It’s important that we take care of our entire extended NBA family, and I’m proud of my fellow players for taking this unprecedented step to ensure the health and well-being of our predecessors.”

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Dropping Dimes Helping The Players

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