On the eve of the start of the NBA season, the league has made a significant decision to give its coaches a $1.5 million pay increase.
The incentive program is part of the league’s overall strategy to improve competitiveness in the NBA.
This is the first significant pay increase for the league and it’s part of a wider strategy of increasing the incentive pool.
The first pay increase was announced in April, after the NBA decided to reduce its salary cap to $150 million for the 2017-18 season.
That was followed by a second pay raise in September.
The pay increase will help the league retain some of the players that are leaving the league, including the likes of Kobe Bryant and LeBron James, while keeping some of its best players.
“We’re all looking at the next step in this process.
I think it’s a very good decision to make this move.
We’re seeing the impact it has on the game and I think there’s a lot of momentum for us to continue to make that progress,” commissioner Adam Silver said on Monday.
The NBA also announced that it is cutting its payroll by about $8 million.
The league said it would be reducing the salary cap by about 20% to $135 million, and the league expects to be in the neighborhood of $140 million for next season.
The move comes at a time when the league is struggling to retain players and has to make tough decisions on contracts.
The NBA announced a $5.2 billion plan in December to increase player salaries and add new players to the league.