National Basketball Association commissioner Adam Silver is supportive of the new high school league that pays young players at least $100,000.
On Thursday, OTE announced it would be starting in September and pay up to 30 players at least $100,000 if they decide to join. The league is backed by Overtime investors including NBA stars Kevin Durant and Carmelo Anthony, and venture capital firm Andreessen Horowitz. The NBA requires a player to be age 19 before entering the league. The Ignite program was created for individuals who decide to skip college but are not yet eligible. Ignite players are paid roughly $200,000 to $500,000 while they await eligibility. Silver said the NBA could change its rule around eligibility in the next collective bargaining agreement, but for now, the NBA will monitor OTE.
"The plan remains to try to resume our season as close to normal as possible next year," Silver said, adding he's "fairly optimistic" the league will start in October. "If vaccines continue on the pace they are and continue to be as effective as they have been against the virus and its variants, we're hopeful that we'll have relatively full arenas next season as well.
As he should
It’s called college. Take the $100 grand and that will pay for 4 years at an in state public college.
No
LaVar Ball will never get the credit he deserves for this wave
High Schoolers making a 100K? Wow
What a nut! The tax monies that maintain your arenas need to go into the pockets of the parents raising up children that you have used and manipulated for your power and glory!
Win win
They really want bitcoin
Mr.Silver Let me just tell you You are a great commissioner ---Hugs ------Leader
Good ncaa been stealing money from black athletes for decades
That would effectively be the end of marchmadness
How the hell is the NCAA going to make money? Lol
Ahhh. Now we figure out where this top shot revenue is going
Hopefully for college.
Don’t just pay them flat out! Incentivize them! Otherwise you’ll get jerry Jones effect
And if they don’t make it in the league what will their back up plan be? There should be a program in place for that. Many unsuccessful players in the league have little to no education or plans for failure
Adam silver is an idiot it’s the nba that doesn’t let these kids come straight from high school. No one is gonna watch this Aau league.
HRap_B
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